Word: extended
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Five more toasts followed, concluding with the wish "May peace, liberty and order extend from pole to pole." Then the revelers went off into the night with only the faintest notion of what they had planted--the beginnings of an institution that would be the heartbeat of the greatest, most powerful and enduring democracy on Earth...
...exceed incoming payroll-tax revenues. A smaller national debt also reduces overall demand for credit, pushing down interest rates. This in turn should stimulate economic growth and create jobs, producing more payroll-tax revenue to keep Social Security healthy. Devoting the savings in interest payments to Social Security should extend the program's solvency from...
...elderly. Gore increases the percentage of the budget devoted to retirement with his "retirement savings plus" plan (which will cost between $200 billion and $620 billion over the next 10 years). Is it worth annually spending nearly a third of the national budget on Social Security to extend the program's life for only 17 years...
...budget more than $600 billion over the next decade for two new entitlement programs and the expansion of a third: $338 billion for a prescription-drug benefit under Medicare, $200 billion for tax-free accounts to help poor and middle-class people save for retirement and $98 billion to extend health-care coverage to all uninsured children. (That's on top of $344 billion in new spending for education, the environment, defense and other programs.) And the real cost of the new entitlements could be far higher than Gore claims. The cost of his prescription-drug benefit could easily spiral...
...Harvard victory would extend its winning streak to three and would move a half-game ahead of Pennsylvania and Princeton in the Ivy League standings (the Tigers and Quakers play non-conference foes this week...