Word: exceeds
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...just 0.3% annually since he took office, the worst performance under any postwar President, Bush would dearly love to ignite growth through tax cuts or other incentives to bolster his chances in November. Yet at the same time he fears worsening a budget deficit that is expected to exceed $350 billion this year...
...Robert Maxwell empire, the mess just gets uglier. British investigators believe that the late media mogul looted some $1.5 billion from the pension funds and coffers of public companies under his control, about twice the original estimate. Auditors also found that debts owed by Maxwell's private companies exceed $3.3 billion, up $830 million from earlier estimates, and that Maxwell allegedly schemed to bolster the stock price of one of his companies by illegally paying investors to buy shares...
...October 1992, they conceded they would be unable to meet a $1.3 billion obligation due in October 1994. Unsatisfied creditors, however, may be able to go after the Maxwell family fortune. According to a leaked report by Bankers Trust and Coopers & Lybrand, Maxwell assets are estimated to exceed liabilities by about $350 million...
...Only investments in "wealth-producing, future-oriented" programs like research and development would enjoy deficit financing. Clinton would push for union work-rule revisions, and he would impose a tax penalty on corporations that pay their executives excessive salaries -- a provision that could kick in when big shots' salaries exceed 25 times the earnings of a company's lowest- paid worker. Clinton views most current worker-training schemes as virtually useless. "Roughly 70% of corporate training expenses serve only 10% of employees," says Rob Shapiro of the Progressive Policy Institute, a centrist think tank that is advising Clinton. "Companies...
Then there is a third cluster of eight states with 51 electoral votes where Bush's popular vote did not exceed 53%. If Cuomo won all those electoral votes, he would be just 10 shy of the 270 needed for victory. Two other states won by Bush could provide the difference: Louisiana, where a third-party presidential race by David Duke could deflect enough Bush support to tip 10 ; electoral votes to Cuomo, and Michigan (20 votes), where the automobile-based economy is so depressed that a coalition between labor and minorities could doom Bush's prospects...