Word: surplus
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Huidekoper gives a small now-and-then example. Now a department at Harvard can buy a $500,000 computer and report the entire expense, which could, for instance, offset a budget surplus. After the new systems are in place, all of Harvard's tubs will use generally accepted accounting practices. With the computer, the department would then be required to spread its cost out over the years it will be used...
...that froze wages for 33 months and cut back on paid holidays. After a 16-hour strike, the unions capitulated. Under Rendell, a city that was cited five years ago by City and State magazine for setting "the standard for municipal distress in the 1990s" now has a budget surplus of $118.5 million...
...vengeance, growing a torrid 30% in the next two years. And money succeeded in holding its purchasing power as inflation averaged a less than 1% in the decade. The boom filled federal coffers. The 1920s was the last decade in this century when the federal budget ran a surplus every year. The national debt shrank from $24 billion to $16 billion. Taxes were reduced...
...Muro affair is a reminder that the harmony between the U.S. and Japan is still fragile. U.S. Trade Representative Charlene Barshefsky certainly won't bother pushing Japan to take in American umpires the way Washington once demanded the country import more Louisville Slugger bats. But Japan's trade surplus with the U.S. is once again rising at an alarming rate. At this weekend's Denver summit of the Group of Seven leading industrial nations, the U.S. will push Japan to open its economy further. "Japan's bureaucrats talk all the time about how they have an open market and believe...
...avoid a surplus of instructors, the Core Office gives professors enough funds to hire TFs for only two-thirds of the expected enrollment...