Word: surplus
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...University’s revenues and expenses both rose about 5 percent to $2.6 billion, yielding an operating surplus of $37 million. The previous year’s expenses increased 8 percent over fiscal year...
Pork-barrel politics is one thing when the federal government is running surplus a la Bill Clinton. But now that the country is facing a huge and dangerous budget deficit, Congress still passed an omnibus spending bill filled to the brim with gratuitous appropriations. In the wake of another bumper crop of cash for the unnecessary to the absurd in pet Congressional districts, some belt-tightening has to happen somewhere. Congress’ latest bright idea? Cut Pell Grants to poor college kids to make up some of the difference...
...ponies last year was only slightly less than the horse-racing wagers of France. A gambling tax in Hong Kong contributes significantly to government coffers. The HKJC is the city's largest single taxpayer, accounting for 11.5% of total tax revenue last year. A nonprofit that gives away its surplus as charity, the club has been one of Hong Kong's most munificent benefactors, with its donations funding schools, hospitals and construction of such landmarks as Victoria Park, the Hong Kong Academy of Performing Arts and Hong Kong Stadium. Last year, after the SARS epidemic ravaged the territory, the HKJC...
...Number of times Congress has raised the debt limit since 2001--when the budget surplus became a deficit--boosting the U.S. credit line by $2.2 trillion...
...Kooning's moment of art-world pre-eminence was brief, from the death of Pollock in 1956 to the early 1960s, when the imperturbable cool of Pop began to make the surplus drama of Abstract Expressionism look dated and overwrought. To refocus his ambitions, he moved to the Hamptons, on the east end of Long Island. But isolation intensified his drinking problem. Whole months could be spent guzzling Johnny Walker Red. The worst bouts sent him to the hospital for weeks at a time. Much of his work from the '60s was inebriated--slack or shrill...