Word: deficit
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Dates: during 1990-1999
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...unlike last Saturday's 72-62 win over Lehigh, the Crimson couldn't overcome a seven-point halftime deficit, suffering its first loss of the season to Marist, 87-82, last night at Lavietes Pavilion...
...defy belief. For as far back as anyone can remember--since 1969, in fact--the Federal Government has been spending money and every year leaving behind a prodigious pile of ious. As recently as 1992, the government spent a record $290 billion more than it took in, and the deficit would have been much larger without a big Social Security surplus. That was before the 1997 budget deal that began winding down the deficit, however. Now the payoff is here. In the fiscal year just ended, Uncle Sam rolled up a $123 billion surplus, by far the biggest...
Tart-tongued South Carolina Democrat Fritz Hollings, one of Domenici's predecessors as chairman of the Senate Budget Committee, decried all talk of surpluses as "a circus act if I've ever seen one." Said he: "Instead of the deficit and debt going down, they're going up." His point: while the government is no longer borrowing from Social Security, it is still borrowing heavily from trust funds for Medicare, pensions for military and civilian government employees, highway building and other things. Without those nonpublic borrowings, he contended, the government ran a deficit of $127.8 billion last fiscal year...
...government budget deficit and projected surplus...
...Unfortunately for Pat, labor endorsements aren't likely to budge from the Gore camp. And while the latest numbers could be quick-burning fuel for Buchanan's campaign, in the long run - and in the face of otherwise rosy economic indicators - a trade deficit won't translate into any mass voter migration. In the end, says TIME financial writer Adam Zagorin, the trade deficit will be a burden for business, not for politicians. "The slight increase in the U.S. trade deficit with China is further evidence of the growing imbalance in commercial exchanges between the two countries," says Zagorin...