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...would be fueled by the annual blast of Christmastime consumer spending as well as shoppers seeking to make purchases before an increase in the value-added tax went into effect in January. Though retail was one of the leading drivers of fourth-quarter growth, the boost in spending was offset by confounding slumps elsewhere in the economy...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

...issued, could save up to 12,000 lives annually by slashing smog levels from 75 parts per billion to as few as 60. While the EPA said the measure could cost up to $90 billion a year by 2020 to implement, it argued that this sum could be offset by as much as $100 billion in annual health care savings...

Author: /time Magazine | Title: The World | 1/25/2010 | See Source »

...best-case scenario for the Democrats in the fall is that they keep all five vulnerable seats in the Senate and lose only 15 seats in the House. There may even be a shot at picking up a couple of new seats to help offset any losses. After all, House Republicans are defending nine open seats (which John McCain either lost or won with less than 60% of the vote in 2008), while Democrats are defending seven seats (which Obama either lost or won with less than 60% of the vote). And in the Senate, Dems have strong candidates...

Author: /time Magazine | Title: Senate Retirements Point to Dems' Uphill Election Fight | 1/7/2010 | See Source »

...Dean Michael D. Smith announced in November that he will shrink the number of professors in the Faculty of Arts and Sciences, ending a decade-long expansion in order to offset the school’s $110 million deficit. The news was followed by faculty retirement plans at FAS as well as four of the University's graduate schools...

Author: By Crimson News Staff, CRIMSON STAFF WRITER | Title: TOP 10 NEWS STORIES OF 2009 | 12/31/2009 | See Source »

...costs of legislation - like the Senate reform bill - based on 10-year periods, the CLASS Act - which would begin collecting premiums in 2011 but wouldn't begin payouts until 2016 - appears to generate $72.5 billion in savings between 2010 and 2019. On paper, these savings are used to offset spending in the bill, which even CLASS Act supporters admit has the appearance of budget gimmickry...

Author: /time Magazine | Title: Should Long-Term-Care Insurance Be Part of Health Reform? | 12/8/2009 | See Source »

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