Word: offsetting
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...group is also collecting school supplies at its table in Harkness Commons and at each event it holds this week in order to help offset shortages of educational materials in Bosnian schools...
...Crimson would not quit. Winters and Colligan proceeded to take over the game, as Harvard shifted into a quick-strike offense to offset Yale's attempts to drain the clock...
...spend more of their income in cash transactions. TIME Washington correspondent John Dickerson adds that another problem with the proposal is that retailers could find ways to avert the tax and there would be no national authority to catch them. Lugar contends much of the sales tax would be offset by price reductions because retailers would no longer have to pay corporate income taxes. The senator said there would be exemptions -- possibly for food, medicine and home purchases -- to protect low-income residents from loosing too much income to sales taxes...
...tempting high earners to conceal income. What some of them would prefer to see is a gradual, across-the-board reduction of benefits. One way that could be accomplished is by ending the special protection against inflation granted to Social Security pensions, which are increased every year to offset the full amount of inflation. Cost of living adjustments in most private pensions and in workers' wages are limited to part, if any, of the annual increase in prices. Why should Social Security pensioners alone be fully protected? Political clout, and no other reason...
...convention center, like Gramm's kickoff dinner in Dallas, which raised $4 million. The big events raise the most money, partly because they have the lowest average cost. Thus Alexander's 2,000-person event Monday night in Nashville should bring in $2 million in ticket sales before being offset by $150,000 to $180,000 in expenses. But that is not the bottom line. Because the first $250 of every $1,000 ticket is eligible for federal matching funds after Jan. 1, 1996, the Nashville dinner will eventually yield an additional $500,000. Total take for the evening: more...