Word: outlay
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Dates: during 2000-2009
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...National Association of Realtors. The fact that houses are bought for pennies on the dollar magnifies the windfall. Say you put down 20% on a $150,000 house five years ago. At the average gain of 55%, that's an $82,500 gain on a $30,000 outlay, or a 275% return. In your face...
McLellan judges that the level of lavish outlay reached its peak in the third year of the Reagan Administration. Probably never in U.S. history had so much been spent on caterers, limousines and designer gowns in pursuit of influence. There also was a great self-beautification movement. "When you go out now you barely see a nose you know," says McLellan. "They are deeply concerned with their exteriors...
...That outlay showed what Alan Ehrenhalt, executive editor of Governing Magazine, calls "a tin ear for symbolism," given that Detroit's $230 million budget deficit has prompted the mayor to eliminate 3,000 city positions and end 24-hour bus service. It has not helped that Kilpatrick left undiminished his 21-person security detail (the mayor of Chicago, a city with three times the population, has 15 guards). When Gary Brown, the deputy chief of police internal affairs, opened an investigation into misconduct by the security team, Kilpatrick fired him, ostensibly because Brown did not get his chief's approval...
...also compromised on military spending, giving the Pentagon "authority" to spend up to $302.5 billion but a funding outlay of only $267.1 billion in fiscal 1986. That means the Pentagon can contract for more major weapons to be paid for later but will have to cut back on current cash outlays...
...address, and later refined with a master plan by British architect Norman Foster, the West Kowloon Cultural District is slated to include at least four museums, four performance venues, art schools, galleries and studios, all housed under a swooping, transparent canopy. The district is to be built without any outlay from the public purse. It's the kind of project a well-oiled, popular administration should be able to push through without effort...