Word: sized
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Dates: during 2000-2009
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...outstripped market enthusiasm, but there is some life in it. The Federal Reserve has put up over a $1 trillion in potential lending already, though only $9 billion in deals have been done so far. Geithner did not provide details of the terms of the loans or their size or duration, but the government said that investors would not be on the hook for those loans if the assets proved worthless. (See the worst business deals...
...forecasts anticipate. Under the Administration's plans, that means an explosion in government debt after the current recession ends, with sustained deficits even larger than the ones caused in the 1980s by the policies of Ronald Reagan. The national debt, the CBO calculated, would go from 41% of the size of the nation's economic output in 2008 to 82% of the economic output in 2019. In other words, if the CBO estimates play out without a change in policy, Obama is on track to accomplish exactly what he promised to change during the campaign, creating a massive burden...
...Congress that he was willing to "sacrifice some worthy priorities" to make his budget responsible. White House aides say that the president has already made significant sacrifices by scaling back his campaign promises in the current budget. To make the numbers balance under a rosier outlook, Obama shrunk the size of the "Make-Work-Pay" tax credit by 20%, to $800 per family. He slowed down his foreign aid spending plans, scrapped a plan to reduce income taxes for the elderly, and proposed higher taxes for wealthy taxpayers who make charitable contributions...
...there's a problem with the option of doubling the size of the Afghan security forces: Officials inside and out of the Pentagon warn that the bill for setting up such a large force, estimated at $2 billion to $3 billion annually for several years, could prove daunting - more than double the budget of the Afghan government, and way more than could be sustained by Afghanistan's own economy for the foreseeable future. Even U.S. trainers for these new forces are in short supply: the Government Accountability Office, in a report issued earlier this month, said the Pentagon...
...Funding [an Afghan] force this size will be a major challenge - especially if it succeeds," says Stephen Biddle, a military expert at the Council on Foreign Relations. While the West will pump in the billions needed to fund the force during wartime, they'll turn that spigot off as soon an uneasy peace emerges. "Yet, the Afghan government is very unlikely to be able to pay these costs itself even if we make optimistic assumptions about economic growth and government revenue extraction potential," Biddle says. "The result could easily be a postwar Afghan security force too large...