Word: debts
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2000
Sort By: most recent first
(reverse)
...Democrats are also planning to stick to the argument that a big tax cut means you can forget about using the burgeoning federal budget surplus to pay down the national debt. In an adroit bit of political gamesmanship, Bill Clinton played up the goal of debt elimination last week when he unveiled new White House budget calculations that show the total surplus over the next 10 years rising to nearly $5 trillion, an $800 billion increase over the last estimate issued just six months ago. ?We should be shooting for a debt-free America by the end of the decade...
...rest with Greenspan. All the same, Bush is hoping that he can get the Fed chairman to signal in some way that he too would agree to a big slice, perhaps during his upcoming testimony before Congress. Greenspan thinks the surplus should be used to pay down the national debt, but he would accept seeing some of it go back as a tax cut before he would allow Congress to use it for more spending programs...
...Greenspan has told Congress debt reduction would be first on his economic wish list. Deficit reduction was his idea in 1993, and now that there's no deficit he'd like the next president to continue to whittle down the national debt for the same reasons: lower long-term interest rates, lower inflationary risks, less government spending on debt servicing. An all-around good thing...
...time.com/personal for more on cutting debt. E-mail Dan at kadlec@time.com See him Tuesdays on CNNfn...
...profitable uses for their products, and now Forest Laboratories reports--just in time for the holidays--that its antidepressant Celexa is effective against compulsive-shopping disorders. Shop-till-you-drop seems to be a real syndrome; sufferers consumed by the need to buy are often plunged into debt as a result. Now research financed by Forest shows that within three months of taking Celexa, nearly 80% of the 21 patients studied experienced improved symptoms...