Word: surpluses
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Graham was six votes behind Myers when thefirst stage of the count ended late Friday night.In that process, workers redistributed the"surplus" of the three candidates who receivedmore number-one ballots than the the 2338 neededfor election...
...These "surplus" ballots (the ones taken away) are called the candidate's "transfers." Each of these is redistributed to the candidate who appears as the voters second choice...
...want to see deficit countries -- to wit, the United States -- move on fiscal deficits and fight protectionism. And we'd like to see surplus countries generating as much growth as possible, consistent with maintaining the gains the world has made against inflation...
...sagging economy. When Reagan sent Congress his tax-cut proposal, the lawmakers squabbled over the details but eventually gave the President virtually everything he wanted. In the end, the Economic Recovery Tax Act slashed personal-income tax rates 23% over three years. Reaganomics was supposed to produce a budget surplus of $500 million by 1984, but one of the Administration's master strategists, Budget Director David Stockman, knew better. "None of us really understands what's going on with all these numbers," he confessed in a December 1981 magazine article that rocked the White House. "People are getting from...
...billion, from $221 billion the prior fiscal year. But the new figure is still far too high, and it is likely to rise again soon; much of the 1987 reduction was due to one-shot effects of the tax-reform law. Concurrently, the U.S. has swung from a surplus of exports over imports of $3 billion as recently as 1975 to a trade deficit of $156 billion last year...