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...coming colleague or neighbor. Owns a nice house? Drives a new car? Dines out a lot? Appears calm even when discussing college tuition or the latest property-tax hike? Now take a good guess at his or her income. If it doesn't add up to the outgo, it's likely that the shortfall is being covered by one of the most important -- but little discussed -- determinants of baby-boomer wealth in the 1990s: family inheritance...

Author: /time Magazine | Title: Waiting for The Windfall | 1/18/1993 | See Source »

...shows are broadcast by 3,200 stations in 145 countries. Swaggart has lately provided journalists with audited financial statements of his ministry for 1984 and 1985, and this month an unaudited two-page financial report went out to donors, with pie charts showing the ministry's income and outgo. Just how much of the Swaggart financial story is told in the reports is hard to determine...

Author: /time Magazine | Title: Religion: Enterprising Evangelism | 8/3/1987 | See Source »

...Cole-Whittaker organization has been beset by financial woes: outgo has been exceeding the $6 million annual income of her organization, and one intimate says the debt is at least $700,000. What next? The San Diego congregation, which rents its meeting halls, will try to keep going minus its star. Eventually Cole-Whittaker may return to the public arena to run secularized self-help workshops. She may even reappear on the TV screen, billed this time, explains her secretary, as "a non-religious person...

Author: /time Magazine | Title: Religion: Abrupt Exit: The Rev. Terry Cole-Whittaker, | 4/22/1985 | See Source »

Superficially, one risks being thought a perverse neo-Keynesian mandarin if one comes out against balanced budgets. It is like being against motherhood-or worse. The balanced-budget amendment stipulates that before each fiscal year, Congress shall prepare a plan in which income and outgo match. The rule may be waived in time of war. Otherwise, deficit spending is permitted only when three-fifths of both houses approve the indulgence...

Author: /time Magazine | Title: Essay: An Amendment That Should Not Pass | 8/9/1982 | See Source »

...Increased Unemployment Benefits $ 0.23 million e. Changes in State Aid $ --- million! f. Changes in Federal Aid $ --- million! 2. Nominally Controllable Items a. Wage and Salary Increases $ 4.75 million** b. Increased Health Benefits $ 1.30 million*** c. Increased Energy Costs $ 0.96 million! d. Increased Interest Costs (Net of Income and Outgo) $ 0.20 million 3. New Bonded Capital Outlay Items $ --- million!! TOTAL INCREASES $23.88 million...

Author: By William E. Mckibben, | Title: City Panel Cites $7 Million In Possible Budget Cutbacks | 3/31/1981 | See Source »

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