Word: resorting
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...demanding last month that Congress produce a deficit-trimming budget without resort to accounting gimmickry or tax increases, George Bush knew he might as well have ordered the sun not to rise. Last week, as Congress raced to adjourn before the Thanksgiving holiday, it sent the President a final 1990 budget bill lopping $14.7 billion off the deficit -- thanks, of course, to gimmicks and a $5.6 billion increase in what people outside the Washington Beltway usually call taxes. Without a murmur of protest or the slightest hint of a blush, Bush agreed to sign the measure into...
...come to help. Four Seasons Hotels sent 27 tons of food, medicine, clothing and chain saws to Nevis, where its new property is still under construction. Cruise ships in St. Thomas ferried stranded tourists out and supplies in. Despite about $10 million in damage, the luxury Virgin Grand resort on St. John was turned into a rescue center by general manager Jim St. John. In all he served about 15,000 meals, provided showers and transformed $595-a-night rooms into a health clinic that has treated more than 1,000 people...
...dream deregulation bill, the Garn-St. Germain Act. That law created a new breed of thrift operator. In came highflyers like Keating who shifted their depositors' money (now insured for $100,000 instead of $40,000) from unexciting residential mortgages to potentially more lucrative but indisputably riskier shopping malls, resort developments, energy-generating windmills. The new breed awarded themselves seven-digit salaries, private jets, hunting preserves and yachts on which to entertain members of Congress. Keating and his associates took $21 million from Lincoln even as it was heading into receivership. Named head of the Office of Thrift Supervision...
...many would-be parents, the recent revolution in prenatal genetic testing has created agonizing dilemmas. If the tests reveal genetic abnormalities in the fetus, the mother and father must either have a handicapped child or resort to abortion. At best the choice is painful. For some, it is the worst kind of moral quandary...
...partners, partly because of the unspoken fear that the pool would include a higher proportion of gay males at risk for AIDS. In West Hollywood when the city decided to provide health coverage to its employees' domestic partners, no insurance company would underwrite the business. The city had to resort to self-insurance. So far that has resulted in a drop in costs, but it has not yet encouraged leading insurance companies to consider offering domestic-partnershi p plans...