Word: offseting
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...lowering agricultural price supports. The rest of the budget's civil sector, far from shrinking, actually looms some $600 million bigger than in 1958. The thinning of some welfare programs, e.g., privies on Indian reservations and aid to states for education of retarded children, is more than offset by the fattening of others. Some of these boosts are Sputnik-inspired: a 100% increase for the National Science Foundation, $75 million for a brand-new program of science scholarships and other aid to education. But some welfare increases seem unconnected with the cold war, e.g., $20 million more for "grants...
...that home buyers have an extra $1,000 of annual income if a house had summer cooling. But builders say it takes no more income to maintain a house with combined winter heating and summer cooling than one with a furnace only. The extra operating expense in summer is offset by savings in cleaning, health and equipment upkeep. Henceforth, Mason ordered, anticipated operating expense of summer cooling should not disqualify buyers of houses costing $15,000 or more. In fact, "FHA should start encouraging the inclusion of air conditioning. Within a few years, any house that is not air conditioned...
Friedman rates a big edge over sophomore Serge McKhann, but Captain Bob Foster, at 177, should offset this against Walker Fillius...
...alone with Russia, and Europe knew it. Britain had already made clear its willingness to accept enough IRBMs to stock four bases (three to be manned by the British and one by U.S. troops). In time, similar agreements could probably be worked out with enough other NATO members to offset the Soviet ICBM threat...
After weighing such facts, Prudential Insurance Co. issued its usually accurate annual new-year prediction: 1958 will see a $3 billion dip in capital expenditures, but this will be offset by a rise of $5 billion in state spending and $1 billion in home building. Said President Carrol Shanks: business will hold at the present stable levels for the next six months, and then "the second half of the year is likely to be strong...