Word: offsets
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Dates: during 1980-1989
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There are whispers that Republicans may try to offset Bentsen's appeal by in effect dumping his hopeless senatorial opponent and surreptitiously urging voters to cast their ballots for Bush for President, Bentsen for Senator. Officially, though, the G.O.P. strategy is to ignore Bentsen and concentrate on painting Dukakis as a liberal outsider. Bush allies have drafted some 50 different appeals to specific groups of Texans to be banged home by local TV commercials and direct mail. In Abilene, for example, where B-1 bombers are based, the G.O.P. will charge incorrectly that Dukakis may scrap the program; messages beamed...
...previous years, Secretary of EducationWilliam J. Bennett has blasted the nation'scolleges and universities for being "greedy" andfor encouraging their students to apply forfederal grants and loans to offset tuition hikes...
...This is a most dangerous and wrongheaded precedent," said Rep. Pat Roberts (R-Kan.). He scoffed at claims that dairy producers need the price increase to offset the increased cost of feed resulting from the drought, saying cattle and sheep ranchers and poultry producers are not getting anything similar in the way of a subsidy...
This decade added wrinkles, such as computerized trading and increased use of sophisticated techniques for minimizing losses. One of the most popular examples is gambling on where Standard & Poor's 500 stocks are going. A successful bet that the index will fall could offset losses in declining stocks. Stock-index futures are traded much like any other commodity, except that they do not represent anything real, such as wheat, tin or pork bellies...
Secretary of Agriculture Richard Lyng asserted that the proposed legislation would be "expensive, but something we can afford." The cost would in fact be offset by savings in the $17.7 billion farm-subsidies program already approved in the 1988 budget. As the drought tightens supplies and pushes up commodity prices, the Government will not have to pay out as much in price-support subsidies. In effect, Congress is recycling price supports in the form of disaster relief. The legislation, claim its supporters, would not add a penny to the Government's budget deficit...