Word: one-year
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...member of TIME'S Board of Economists, singles out mortgage credit as "a monster loose in the system," devouring money. People are not only borrowing to build new houses but taking out second mortgages on existing homes to finance spending of various types. During the 1960s, Greenspan observes, a one-year rise of $15 billion in mortgage credit was considered large; in the past year the increase has been a staggering $100 billion...
Congress has already put a ceiling ?in most cases $40,000 a year ?on the target-price payments that any one farm can receive. It could go further and establish a sliding scale, with full target prices applying only to the first 50,000 or so bushels of a farmer's production. That would funnel a larger portion of the payments to small farmers who have less ability to survive a one-year loss...
Under the Nunn plan, a typical four-member family with a $20,000 annual income would pay $769 less in taxes by 1983. Previously the Senate bill provided only a one-year reduction...
Boston College (B.C.) has received a one-year dormitory license from the city of Boston to house 90 students in a portion of St. Gabriel's Monastery in Brighton, Rick Borofski, assistant director of housing at B.C., said yesterday...
...stakes are high--the plant will cost in excess of $110 million and a one-year delay in construction could add as much as $7 million to that bill. Legal delays have already taken their toll on the facility, putting construction at least one-year behind schedule, L. Edward Lashman, director of external projects, said last week...