Word: offsets
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...very first play from the Cornell 43, fourth-string Big Red quarterback, Doug Fusco, ran an option off right tackle and tossed a lateral--illegally, it turned out--to halfback Alva Taylor, who juked to the Harvard 39. A Harvard personal foul offset the illegal lateral, and Cornell kept the ball...
Huff expects to spend up to $500,000, much of it from out of state; Udall is budgeting some $475,000. Udall's chief hope is that he can offset his losses in the Tucson area by reminding voters in the district's arid hinterland of how he has helped shape legislation affecting their water supplies, including pushing a $100 million appropriation through Congress last year for the huge Central Arizona Project, which would bring Colorado River water to the Phoenix and Tucson areas...
...REDUCTIONS ALONE cannot offset all these forces. When combined with cutbacks in federal aid to distressed urban areas, they can only contribute to the long-range fiscal plight of America's cities by sealing off tax revenues for years to come. But when used alongside other governmental efforts such as federal loans, loan guarantees, interest subsidies or direct public sector development, and when used in the right amounts at the proper time in the right neighborhoods, the tax breaks can help turn our cities around. Only John Anderson puts the tax break in this more accurate perspective. Jimmy Carter rejects...
...Economists, George Shultz, former Secretary of the Treasury, and Charls Walker, a leading tax expert. The group is sometimes joined by Arthur Burns, conservative chairman of the Federal Reserve Board from 1970 to 1978. The advisers acknowledge that the extra revenues generated by speedier economic growth will not offset the impact of the tax cuts, hence the sharp reductions in spending to avoid huge deficits...
...neighbors won a drastic reduction-to a maximum of 40,000 square feet-in the amount of retail space in the complex. Worried that the store and shops would attract the most cars, community opponents were willing to allow increases in the amount of housing and office space to offset the retail reductions...