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It pointed out that most of those in negative equity this time face only "modest shortfalls" of less than 10% of their property's value: typically between £6,000-£8,000.
Modest shortfalls in blood pressure control by practices in more deprived areas have largely disappeared by the third year of the QOF, even though the small residual differences were significant.
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There's a modest shortfall which requires some modifications," said Assemblyman Rory Lancman, a Democrat from Queens.
If wages had been paid fairly based on productivity, there would have been enough money subject to the payroll tax to avoid even a modest shortfall.
"With DISH shares already down in the last few weeks owing to concerns it would miss the number and, in our opinion, what was a relatively modest shortfall, we would regard any sustained weakness as a buying opportunity," the brokerage said.
Today, the modest shortfall is still years away.
Indeed, Social Security is projecting a modest shortfall, around two decades away.
Over the next 25 years, Social Security is projecting a modest shortfall of just.51percentt of GDP.
As for revenue, the EPI paper explains that this "modest shortfall" can be addressed by either raising tax rates or raising the cap on earnings.
Ballantyne co-authored a paper on the topic, in fact, that reached this conclusion: "(Social Security's) long term modest shortfall of less than 1% of GDP can be addressed by raising employer and employee payroll tax rates, by raising the cap on taxable earnings, or by some combination of the two".
As Congress is dithering over how to close a more modest shortfall in the disability insurance reserve and threatening to cut Social Security benefits across the board, there's no reason why the option of raising the tax should be off the table.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com