Word: largest
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Dates: during 1980-1989
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...campaign, Reagan charged in a television address: "Mr. Carter is acting as if he hadn't been in charge for the past 3½ years; as if someone else ran up nearly $200 billion in red ink; as if someone else was responsible for the largest deficit in American history; and as if someone else was predicting a budget deficit for this fiscal year of $30 billion or more." Those words will no doubt be thrown back at Reagan, with the added fire that his deficit in one year is about as high as Carter...
Europeans, on the other hand, remain deeply disturbed that U.S budget deficits, which may top $200 billion annually for years to come, will slow growth and keep interest rates high. Said British Chancellor of the Exchequer Sir Geoffrey Howe: "The largest cause of high interest rates is the present and prospective borrowing requirement of the U.S. Federal Government...
With their financial foundation a little more secure, some adventurous S and Ls are starting to branch out beyond mortgages and look for new places to put their money. Western Savings & Loan of Phoenix (assets: $2.6 billion), Arizona's largest thrift, has assembled a nationwide group of S and Ls that plans to pool its cash and pump more than $1.5 billion into commercial loans to corporate borrowers. Such lending is permitted under the 1982 Depository Institutions Act, which lets thrifts make a wide range of loans that had previously been off-limits...
...became president of the Buffalo Savings Bank in 1979. Says Kenzie: "At this bank, there is a bias toward action." Goldome's acquisitions include three failing thrifts that the Federal Deposit Insurance Corp., the Government's watchdog for the banking industry, was trying to save. The largest was the New York Bank for Savings (assets: $3.4 billion...
...long festival of music and games was termed by some the largest regularly scheduled party event in the country...