Word: stocking
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Dates: during 2000-2000
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...promises assume an unreasonably bullish market and do not account for obligations to our current retirees--essentially spending the same money twice. In fact, the best estimates of Bush's plan show that it would cause a 20-year period of Social Security bankruptcy. The recent volatility of the stock market should make voters wary of such drastic privatization. Not to mention the fact that Bush's social security plan, like much of his fiscal policy, is unattractive to lower-income individuals who currently would earn lower returns with private accounts...
...Funding - New Mexico, Rhode Island, North Carolina and California would fund capital improvements at education institutions through the creation or sale of bonds; and a South Dakota measure would allow public school money to be invested in the stock market. - Oklahoma would be able to dip into the principal of its education trust fund to supplement funds the income the fund generates. - A Colorado initiative seeks to increase per student spending on education by inflation plus one percent for the next ten years and at the rate of inflation thereafter. The state would also use at least $50 million...
...than anyone in years, but he's the first Republican in a decade who doesn't want to blow up the Education Department and padlock the IRS. He wants to spend a trillion dollars of the surplus to let people invest part of their Social Security taxes in the stock market, yet he promises not to cut benefits, in which case there's no spare trillion lying around to pay for it. He blasts Gore for proposing more new spending than at any time since the Great Society - except that he is doing the same...
...holding up the budget on principle wasn't worth the political capital it would almost certainly cost them. It would, for instance, provide the perfect opening for Gore to once again bring up the likelihood that Bush - who has maintained a studiously vague stance on the abortion issue - would stock the Supreme Court with pro-life Justices...
...Theoretically, investors will like most of their choices. Essentially, the plan (dubbed "Project Grand Slam") would be a financial quarantining of its ailing long-distance operation, which would get its own tracking stock and operate as a separate retail arm, according to reports. AT&T's wireless unit and cable television operation would each be spun off as an independent company over the next 12 to 24 months. The company's biggest and most profitable unit, the corporate-minded Business Services department, would become the new AT&T, and coordinate brand-licensing and commercial agreements with the other three...