Word: solvently
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...reform package put together by the commission working group and Administration officials would produce $169 billion in revenue, enough to keep the system solvent through the 1980s. A key provision would accelerate hikes in the 6.7% payroll tax, to 7% in 1984; to 7.15% in 1986; 7.5% in 1988; and 7.65% in 1990. This is expected to raise an additional $40 billion in revenue from 1983 to 1989. Late in the negotiations, however, a major snag developed over a companion provision that would give workers an offsetting income tax credit for these extra payments in 1984. "The tax-credit idea...
...1940s, for disarmament in the 1950s, for aid to rebuild a Vietnamese village ravaged by U.S. Marines in the 1960s. But he always proved a shrewd salesman; his special sections on topics such as education and stereo electronics often attracted foundation support or extra advertising. Cousins made SR solvent enough that McCall Corp., publisher of McCall's and other magazines, acquired it for $3 million...
...these costs, the states will have little choice but to slash services or hike income taxes, or both. Warns Tom West, an economist for the Michigan Employment Security Commission: "Without any changes in the law it's going to be at least ten years before the system becomes solvent again. And it's going to be very painful not only for the employers, but for the claimants, and for the general taxpayers in the state...
...Great Barrier Reef and David Attenborough strolls into a fadeout contemplating some prehistoric epiphany, none other than Mr. Whipple may be nipping at his desert boots, fingers flexing around a roll of Charmin. Hard pressed on all sides-especially from Washington-PBS will try running commercials to keep solvent and keep the flag flying...
...interest payments on its outstanding $28 billion debt to Western nations and banks. With a public declaration of default, hard-liners argue, the credit of all Communist countries would be justifiably jeopardized and the failures of their economic systems exposed. In addition, refusing to keep Poland solvent would squarely place the burden of that country's economy on Soviet shoulders, and Moscow would have to come up with the capital to continue its client's survival...