Word: offsets
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...husband divided his time between visiting the hospital and trying to offset the effects of leaks. Then, last Friday night, Rockefeller himself disclosed that as a result of an Internal Revenue Service audit, he will have to pay an additional $896,173 in federal income and gift taxes for 1969-73, plus interest of nearly $125,000 and additional gift taxes of $7,545 for the first half of 1974. There was no hint of fraud of any kind...
...inevitable lowering of our living standard can be offset only in a growing economy. Growth can be achieved through a massive capital-investment program to expand industrial capacity and productivity. This requires a major improvement in corporate cash flow through higher prices and profits, as well as vastly more liberal depreciation measures. Growth can also result from major changes in consumption patterns to reduce our intake of imported raw materials and energy. This necessitates drastic action-for example, a $1-per-gal. gasoline...
...often frenetic process revealed some open disagreements between the President's political and economic advisers. Most notably, a number of economic aides sensibly favored an additional tax of 100 to 300 on each gallon of gasoline on the grounds that it would not only offset revenue losses caused by granting some tax relief to the poor, but above all, would also depress demand and lessen the nation's dependence upon overpriced, inflation-fueling foreign oil. But in the end, the President was swayed by the arguments of his political advisers. They warned that such a proposal would be poison...
...persons most suspicious of the law-enforcement process," says Chicago's Wexler. "It may be worth a thousand Officer Friendlies." Indeed, compensation in some states depends on the victims' complete cooperation with police and prosecutors. Thus the growing use of compensation laws will provide financial incentives to offset the reluctance of victims to become complainants and witnesses in the long, frustrating judicial process...
...generally good news for tenants on the CHA front was offset a bit by developments surrounding state rent control regulations...