Word: offsets
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None of this ethical purity would have been possible without a $9 million surplus left over from the 1993 Inaugural. The rest of the $30 million cost will be offset by the sale of tickets and trinkets, like the $39.95 bronze medallion, featuring likenesses of Clinton and Al Gore, available from the qvc shopping channel. (During one brief three-hour segment, buyers phoned in orders for the commemorative item totaling, on average, $10,800 a minute.) But home shopping is at least democratic; the sale of tickets to special Inaugural events is not. Democratic donors won the right to purchase...
...more importantly, Commencement dates have been planned since time immemorial. Many overeager family members have already booked hotel and plane reservations, to say nothing of the changes that would have to be made to the Courses of Instruction calendar. Although this consideration is significant (somewhat), it does not offset the clear advantages of a revamped schedule...
...salivating at the prospect of getting hold of at least some portion of the massive Social Security fund, which currently has a $60 billion surplus, some analysts feel investing in the stock market is too risky and that the lower yield of government Treasury bonds is more than offset by their greater stability. But all agree that something must be done, and soon: while the fund is currently operating at a surplus, the retirement of millions of Baby Boomers will exhaust it by the year 2029 if no changes are made. In releasing the final report, panel chair Edward Gramlich...
...more fundamentally, inadequate care in the pre-K years may affect a child's later ability to learn, limiting it in ways that cannot be offset by the uplifting sight of seeing Mom march off to work. Brain-development research indicates that in the first two years of life, virtually all our vital neural connections are being formed. Other studies show the crucial role that responsive, sensitive and stimulating care plays in forming those synapses. A bad day-care situation, where a child is understimulated for long stretches of time or moved among ever changing caregivers, may cause long-term...
Strategically, the House election was billed largely as a contest to see whether the Republicans could pick up enough of the 19 Southern districts thrown open by the retirement of Democratic Representatives to offset expected heavy losses among the 70 freshmen elected in 1994. That was not quite the way it worked out. In both groups, the number of seats shifting from one party to another was smaller than expected...