Word: surplus
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...conferees slashed $4.3 billion out of education and job-training programs, food stamps, aid to mass transit, assistance to help the poor pay fuel bills, and federal aid to cities. They also raised total spending by $1.5 billion, to $613.8 billion, which on paper would leave a hairline budget surplus of $500 million. (Actually, the recession is all but certain to throw the budget into a sizable deficit...
...that voters now seem to be heeding warnings by public officials that another deep reduction in taxes would endanger vital government services, such as education and police and fire protection. Similar gloomy prophecies proved spectacularly wrong after Proposition 13 passed in 1978. But the state had a $5 billion surplus then, most of which it made available to the city and county governments dependent on property taxes to soften the impact of Proposition 13. Now the state's surplus is down to about $2.6 billion. Opponents of Proposition 9 argue that by slashing income tax revenues $4.9 billion next...
Morrow played so well that the team was able to trade away two suddenly surplus players in exchange for Butch Goring, a center for the Los Angeles Kings, whose arrival launched the Islanders on a twelve-game unbeaten streak. Goring's presence meant that teams could no longer focus all their attention on Trottier, who over the years had been hounded on a scale befitting his skill. Goring, 30, blends his skills with those of his wingers, and his versatility enabled Coach Al Arbour to send 28 different line combinations against the Buffalo Sabres in the semifinals. Says Left...
...Connecticut predicted that Congress was about to achieve a "historic breakthrough"-the first balanced budget in twelve years. Last week the House did just that, voting by 225 to 193 to spend $611.8 billion in the fiscal year that begins on Oct. 1. The budget projects a $2 billion surplus, in contrast to the $42.8 billion deficit on 1980 spending of $571.6 billion...
...though some IEA nations, such as West Germany and Denmark, continue to rely on Iranian exports for as much as 10% of their petroleum supplies, sky-high prices and slumping demand for crude have already created a worldwide mini-glut of oil that would offset any loss. Because of surplus supplies, the price of oil in the so-called spot market has declined from $42 per bbl. early this year to around $33. Indeed, with storage tanks already filled to overflowing, the industrial nations could probably get by without Iranian crude for many months before any shortages or sharply higher...