Word: surplus
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Dates: during 2000-2009
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...other sources yesterday confirmed the university's interest in a proposal to keep 'the Harvard plan' nonprofit through a money-raising deal involving major Boston teaching hospitals, the data processing company Perot Systems, and other investors... Investors are being asked to lend money in exchange for IOUs called 'surplus notes,' or surplus bonds...
...plan--as described by the Globe--calls for investors to exchange funding for "surplus notes," which would benefit investors through high interest rates. Investors would be assuming a significant amount of risk--and would not be able to sell their bonds. The plan would have to include the sale of 14 Pilgrim-owned buildings, currently leased to the medical group Harvard Vanguard...
...G.O.P. primary. Bush's top strategist in the state, Warren Tompkins, says McCain is "taking positions to the left in order to find a constituency, play a numbers game." He calls McCain's tax policy "more Clintonesque than Reaganesque." And of McCain's plan to use most of the surplus to reduce the national debt and shore up Social Security, he adds, "I don't believe our party, especially in South Carolina, is ready for a candidate whose plan is endorsed by Clinton-Gore." In fact, the TIME/CNN poll suggests that a majority of South Carolina Republicans--74%--agree with...
...very high compared with, say, Ronald Reagan's at the end of his term. Most of these things, though, are simply extensions of programs Clinton has proposed for years, and it remains to be seen whether there's that much left to spend when the calculation of the budget surplus is less optimistic." While GOP leaders balked at the President's big spending plans, the party's overall response was cautious - where Clinton worked a traditional Republican theme on tax cuts, the GOP's designated respondents, Senators Susan Collins and Bill Frist, emphasized their party's activist commitment...
...keeping with his maverick style, McCain is betting Bush is wrong about his own party. In McCain's economic plan, the details of which were released only last week, he calls for a tax cut roughly half the size of Bush's, with the rest of the budget surplus used to shore up Social Security and Medicare and to pay down the nation's $5 trillion debt. That's because McCain believes that the rank-and-file of his party now care more about being fiscally conservative and protecting entitlement programs than they do about getting big tax cuts...