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Exact(2)
Using excess payroll taxes for unintended purposes masks the true size of the operating deficit.
The present value of the surpluses that Social Security ran in the 1980s, 1990s, and 2000s exceeds the size of the operating deficit that Social Security is running now.
Similar(58)
Now, Mr Batey, a China-based business consultant, has stepped in with an offer to cover the "operating deficit of Arundells" while a "serious business plan is prepared and a major fund-raising campaign launched".
In addition came the operating deficit of the airport itself.
Devon County Council said: ""The key aim of the review is to reduce the operating deficit so more can be invested in traffic and transport projects.
Ms. Moore says the operating deficit in the last fiscal year was $1.1 million.
But the university is also undertaking a top-to-bottom evaluation in the face of a projected operating deficit of approximately $150 million within five years.
About half of a projected operating deficit of $23 million annually — only some of which is expected to be made up by donations and investments — was attributed to the long-term-care unit, making it a prime target for a cutback.
The salary is then further boosted by two other artificial, extra-market factors: university and state subsidies to intercollegiate sports (the median operating deficit of FBS athletic programs is over $11 million) as well as a variety of federal tax preferences.
As President and CEO, Bill has overseen the expansion of The Foundling, reduced the charity's operating deficit by $7.5 million, implemented policies and procedures that have resulted in the organization securing national accreditation and expanded the charity's foster boarding and prevention programs.
For months the Council has been at odds with state officials and Mayor Linda D. Thompson over how to revive the finances of the city, which faces an operating deficit of $12.4 million on projected revenue of $47.8 million this year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com