"There has been a marked reduction as the year has gone on," Mr. Fossey said.
We need a credible plan that phases in aggressive deficit reduction as the economy recovers.
Stimulus should come first, and deficit reduction as the economy strengthens.
The Jets do not cite the lease extension in the lawsuit and regard the rent reduction as the only relevant change in the Giants' lease.
As much deficit reduction as the elimination of earmarks, President Obama's proposed federal pay freeze, a 10 percent cut in the federal work force and a 50 percent cut in foreign aid — combined.
Another speaker will be the American software designer John Maeda, who devoted a book to defining "The Laws of Simplicity" in which he identified "thoughtful reduction" as the key objective of responsible design.
The cut is an average across all regions and all paying methods, although those using pre-payment meters will have a slightly larger reduction as the firm removes the price difference between pay methods.
Instead of explaining the need for new spending now and deficit reduction as the economy recovers — and developing a plan for both — the White House is negotiating what is essentially a big spending-cut package.
The question, Mr. Carney added, is whether the new revenues are used mainly for deficit reduction, as the president wants, or diverted to new tax cuts, as Republicans demand — tax cuts that Mr. Carney said would disproportionately benefit the wealthy.
At the same time, they presented their own party as a centrist steward of fiscal responsibility, showcasing the Democrats' call for a smaller tax cut, of below $1 trillion, and more money devoted to debt reduction as the responsible course for the era of surpluses.
The current contract price was not known either, but brokers who have been following the transaction over the last two years said it is likely to be in the $10 million to $12 million range, after Mr. Koons received a price reduction as the recession weakened the town-house market.
