He made clear that the group's willingness to discuss cuts comes with conditions: Reductions in benefits should be "minimal," they should not affect current recipients and instead should be directed "far off in the future," and they should be offset by increases in tax-generated revenue.
While a plan to fund the government through November was expected to attract far less controversy than the measure that nearly led to a government shutdown last spring, Democrats and Republicans have divergent views on how much money should go to the Federal Emergency Management Agency, and whether those dollars should be offset by spending cuts elsewhere.
But Cuban officials dispute this: they say the country they borrowed from no longer exists, and that any debt should be offset against damage to the island's economy caused by Russia's failure to honour Soviet export contracts to Cuba.A third problem concerns Cuba's refusal to accept any conditions in return for debt relief.
Democrats and Republicans agree that such assistance is one of the government's main responsibilities, but disagree over how much of the cost can be anticipated and how much, if any, should be offset.
But these rigours should be offset by stronger exports and consumer spending, both of which have plenty of room for improvement.
WASHINGTON — The National Academy of Sciences said Thursday that the federal government should explicitly consider cost as a factor in deciding what health benefits must be provided by insurance plans under President Obama's health care overhaul, and it said the cost of any new benefits should be "offset by savings" elsewhere in the health care system.
However, South Africa was already a major tourist destination before hosting the World Cup, so some of the potential current and future World Cup related economic benefits from tourism should be offset by the existing economic impact of tourism in the country.
Even though this will limit their target population, this should be offset by higher response rates and faster regulatory approval.
Any continued weakness in the diversified industrials markets should be offset by strength in the aerospace and defense markets.
(The delay resulted from a standoff between Democrats and Republicans over whether the $50 billion cost of the measure should be offset by tax increases on hedge fund operators, among others. Republicans won the stand-off, and the cost was tacked on to the deficit).
