Word: offsets
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...rates must be raised in the city if new water sources are to be developed to attract industry. To the chagrin of COPS, he also favors raising user fees for public services like garbage collection, and acknowledges that the city may eventually have to raise property taxes to help offset a projected $18.5 million deficit...
...Scotch whisky, for example, went up from $11.80 to $13.54. The price of cigarettes jumped 31? to $1.93 a pack. Gasoline increased by 44?, to an eye-opening $3.42 per imperial gal. Consumers will also face increased personal income taxes. Reason: tax allowances will no longer be adjusted to offset Britain's 13% inflation rate...
...continues, despite Reagan's campaign promises to end it. Administration officials fear that lifting the embargo would be seen by the Soviets as a sign of weakness. American farmers, who once loudly protested the embargo, do not seem to be hurting. Most of its ill effects have been offset by increased grain sales to China and Mexico...
Still, Case officials sympathize with Reagan's budget-cutting goals. Jerome Green, Case's president, expects that lower corporate taxes and faster depreciation allowances will offset any loss of Ex-lm financing help. He notes that if the budget cuts "are evenhanded, we could benefit." Most important of all, he says, is to cut inflation. "If we can get inflation down, we could better compete in the marketplace," Green explains, adding, 'If we don't, it won't matter what kind of financing terms we offer...
...there a serious possibility of such a collapse of the S and Ls? No, says John Dalton, chairman of the Federal Home Loan Bank Board: the $32.5 billion in total S and L net worth is more than enough to offset any panic. The notion, though, is not as alarmist as it might seem. Already the stresses are being felt...