Word: offsets
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Dates: during 1980-1989
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...production of five C-5B transport planes. Another horror story was reported last week by the Washington Post: in 1981, top executives at General Dynamics allegedly sought to delay the disclosure of a $100 million cost overrun on its nuclear-submarine program until lucrative new Navy contracts that would offset the losses were signed. Sherick laments, "I keep turning over rocks, and under every rock I keep finding things...
Federal regulators, who have been forced to pump loans worth more than $2 billion into F.C.A. since July to offset withdrawals by jittery depositors, are angry about the parting payment and are said to be pressing F.C.A.'s board to recoup the cash. That, however, will not be easy. Knapp arranged for the $2 million to be deposited in a foreign account. The money is probably beyond the Breach of U.S. authorities and F.C.A. share; holders. While Government regulators back home seek new ways to keep F.C.A. afloat, notably by backing the company's plan to sell...
...past year could be a plus for Hunt. Helms has unabashedly alienated blacks by boasting of his efforts against the creation of a national holiday honoring the Rev. Martin Luther King Jr. The Moral Majority says it has registered 70,000 white voters in North Carolina who might offset the black voter-registration drive. Each side agrees that the race is just too close to call. Says Helms Press Secretary Claude Allen: "I think it's going to be right down to the wire." -By Jacob V. Lamar Jr. Reported by Joseph N. Boyce/Charlotte
...stamp to 23?. The board can try to live within the means suggested or seek to get the decision changed. Though the Postal Service has recorded surpluses for the past two years, Postmaster General William Bolger warned that an additional $3.2 billion in new revenues will be required to offset rising costs next year. One factor sure to influence the board's eventual decision is the outcome of an acrimonious dispute with postal unions, which have been working without contracts since July...
...million since 1972 to finance birth control, and the government has willingly spent it on educational family-planning programs. Partly as a consequence, the city's estimated birth rate dropped from 42.6 per 1,000 in 1970 to 31 per 1,000 in 1980 (that was largely offset, however, by a corresponding drop in the death rate). Abortions are still banned, unless the mother's life is endangered or she has been raped, but about 1 million women have them performed illegally every year. About 10,000 of these women die. Says Gynecologist Alejandro Hernández...