Word: outgoing
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Canada is rolling through an era of high prosperity, with a standard of living second only to that of the U.S. But under this surface economic health, Canada has a growing ache in the economy. The pain: the nation's income, until lately greater than outgo, is now less...
...Accountant Stans, fighting hard to smother a grin: during the half-year since the President presented his budget to Congress, the economy's energetic climb has added $1.9 billion to the Administration's income estimate for fiscal 1960 (ending next June). But over the same span, the outgo estimate has also crept upward by $1.9 billion, reaching $78.9 billion. Biggest reason for the outgo increase: rising interest rates, upping the cost of carrying the national debt for the fiscal year from $8 billion to $9 billion. Net result of the higher income and outgo estimates: the budget still...
Green Light. One of Conant's most potent prescriptions was the "academic inventory." a yearly comparison between bright students' capacities and the elective courses they actually choose. Like a stockholder's report, it sums up a school's income and outgo. And it goes straight to the heart of the matter: guidance...
SOCIAL SECURITY FUND will run $87 million in red for fiscal year, which began July 1. Higher social security taxes, which went into effect last Jan. 1, are expected to boost fund's income over outgo, starting in 1961; fund's $1.5 billion deficit, accumulated over past three years, is scheduled to be repaid...
There was even renewed talk on both sides of the Atlantic of a flight from the dollar. Behind these wild exaggerations was some sober fact. In the past three weeks U.S. Treasury gold stocks have declined $176 million, a greater gold outgo than occurred in the entire first quarter. Coming after a drop of $2.3 billion in 1958-the sharpest one-year decline in history-the renewed flow of U.S. gold to foreign nations brought Treasury gold holdings to $20,255,000,000, the lowest level in 13 years...