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One of the loudest alarm bells sounded by the report was in response to the condition of local governments, a number of which have warned in recent months that, facing diminished revenues and soaring health care and retirement costs, they are on the precipice of financial disaster.
In December 1930, McEwan's merged with Edinburgh rival William Younger's Brewery to form Scottish Brewers in a defensive move after the Great Depression diminished revenues.
Unless and until Hollywood workers at all levels are prepared for the digital transformation of entertainment, we will suffer missed opportunities, inefficiencies, diminished revenues, obsolete employment categories and, ultimately, thousands of lost jobs.
As a result, when prices began to drop in the fall of 2014, Chavez's presidential successor, Nicolás Maduro, faced a triple calamity: diminished revenues for social services, scant savings to draw upon, and no alternative sources of income.
All of the 'fiscal cliff' discussions have centered on how to cut government spending on public programs or raise enough revenues to diminish the current deficit that was created by too much borrowing over the last decade -- to pay for two wars, the Bush tax cuts, and consequent Great Recession that diminished revenues further.
Clinical laboratories are receiving diminished revenues and facing increased productivity demands that result from downsizing, consolidation, and mergers.
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Mr. Papaconstantinou is looking for clearer European Union support to help escape a vicious circle of rising borrowing costs, harsher austerity measures, prolonged recession and diminished revenue.
On the economy: Last week Mitch McConnell, the Senate minority leader, declared that "there's no evidence whatsoever that the Bush tax cuts actually diminished revenue.
Last year, Mitch McConnell of Kentucky, the Senate minority leader, said: "There's no evidence whatsoever that the Bush tax cuts actually diminished revenue.
The next day, Mitch McConnell, the Senate minority leader, confirmed that Mr. Kyl was giving the official party line: "There's no evidence whatsoever that the Bush tax cuts actually diminished revenue.
Gingrich can't discuss 43 because his own call for an assertive foreign policy and tax cuts sounds a lot like 43's presidency, which landed the country in a giant fiscal hole, proving that significantly diminished revenue without substantially trimmed entitlements don't do a budget any favors, especially when there are wars in the equation as well.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com