Word: whacks
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...moment Bruce Reed knew for sure that the health-care system was out of whack came in December 1991 when three men in dark suits paid him a visit. Reed, a little-known analyst working in a dimly lit Washington campaign office for dark-horse candidate Bill Clinton, listened politely as the three veteran lobbyists from a major pharmaceutical company pleaded with him to delete price controls from the health-care proposal that Clinton was soon to unveil. "If you guys can afford to send three high-priced lobbyists to buttonhole somebody like me," Reed told his visitors, "then...
...openers, Clinton deserves considerable praise for having pushed so vigorously for an honest whack at the nation's deficit. The infamous 1990 budget agreement, to which the current plan is so often falsely compared, was dishonest in almost every key respect, primarily because its assumptions were bogus. With Bush's agreement, Congress blithely adopted a set of pie-chart-in- the-sky economic projections almost double the average predicted by private forecasters. When the revenues did not match expectations -- and health-care expenses soared -- the deficit exploded. Clinton, by contrast, has embraced decidedly conservative growth estimates (lower, in fact, than...
...gradual gas-tax hikes are enacted, they can easily be canceled out by mileage gains. Before, it cost you, say, $12 in gasoline to drive 200 miles. Now they raise the tax -- and it still costs you $12. How painful is that? Especially if it means taking a significant whack out of our $300 billion annual deficit...
...easy it is to depict baseball as a simpleminded rogues' gallery of ego- driven owners and selfish superstars. In fact, Bonds' salary is not out of whack, especially compared with that of a journeyman shortstop like Spike Owen (lifetime batting average .243), who signed a three-year, $7 million contract with the Yankees...
...attacks stunned the $75 billion U.S. pharmaceutical industry, long the country's most profitable manufacturing sector and one of its last world leaders in developing new products. On Wall Street, fear of possible government price controls has helped whack 15% from the collective value of pharmaceutical stocks this year. Frightened drug firms have responded with a spirited defense, including full-page newspaper and magazine ads proclaiming the benefits of their products...