Word: outlay
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...forward with our plan to bring the federal budget into balance by 1991." In one respect, Reagan's 1987 blueprint is less draconian than expected. It edges below the $144 billion deficit target with a $38 billion package of spending cuts and revenue proposals, rather than the $60 billion outlay reduction that had been predicted. The reason: the Administration now estimates that the deficit will drop about $20 billion partly through the increase in revenues produced by a growing economy. Critics were dubious, particularly about the 4% growth rate that the budget forecasts over the next three years...
...equipment dealers: rowing machines ($75 to $3,000 for the computerized, gadget-laden models), stationary bicycles ($75 to $3,000), treadmills ($850 to $5,800) and all-in-one contraptions, like Soloflex or Universal's Power-Pak, that act on the entire body ($459 to $4,000). The typical outlay for a complete...
...another unrivaled group of drawings from Count Moriz von Fries when the count's bank failed in 1819; for 30 years he had agents scouring estates from Rome to London. In 20 years, 1792-1811, he spent more than 1.25 million florins on drawings and prints, ten times the outlay on art of the Austrian imperial court itself. During an era when "art investment" was unheard of, this obsessed duke put a quarter of his fortune into collecting. He died at the age of 84--"a thin old man," according to an account cited by Albertina Director Walter Koschatzky, "with...
...additional years in the service. In the past such bonuses were made in annual installments of $6,000, but the new program will offer lump-sum distributions. The Navy estimates that the bonuses will cost the Government $9.3 million for the remainder of the fiscal year. Even so, this outlay is a cheap alternative to the price of training new flyers. The estimate for that: $1 million or more per pilot...
...deficits. By the time the 1981 law expires, price-propping expenditures will total $53 billion, or more than three times as much as the Government shelled out during the four years governed by the 1977 law (and five times what the framers of the 1981 act expected). Anticipated outlay in 1985 alone: $15 billion. The law encourages production of goods nobody wants. Standout example: the 768 million lbs. of cheese that the Government has bought and is holding in storage--more than 3 lbs. for every man, woman and child in the country. Other unsold mountains, including goods stockpiled...