Word: modeste
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...annual boost of some $100 billion. The chiefs know that both Democratic presidential candidate Al Gore and GOP nominee George W. Bush have called for increased spending on the military. Gore wants to spend $10 billion more a year than Clinton has planned, while Bush is seeking a more modest $4.5 billion annual hike. So they're not going to say things are hunky-dory with those promised added dollars on the horizon...
According to Meyer, the modest shortfall of 1.2 percent can be attributed to misjudgments HMC made when purchasing shares in closed end funds, which are similar to mutual funds but sell at a discounted price...
...clearly was too fast to last to a pace that can be kept up for years. And the new rate, somewhere between 3% and 4%, will still be so rapid that it would have been considered outright boomy not long ago. Unemployment will still be low, jobs plentiful, inflation modest, paychecks and profits robust. And the government will be raking in big enough surpluses to afford room for whatever tax and spending plans the new Chief Executive might push through Congress...
...desk, where they will die or have already died, offers a glimpse of what voters can expect under a Gore or Bush Administration next year. Bush supports the bills. He would eliminate the estate tax and marriage penalty and expand tax-deferred savings for everyone. Gore opposes them, preferring modest tax cuts targeted at middle- and lower-income households...
...course, Lazio runs a modest risk here as well: He's now set himself up as a golden boy of campaign finance reform. If unregulated GOP cash finds its way into his budget, Lazio's credibility could suffer severe damage...