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Osborne said the savings created by the measures will be passed on to young people in the form of three million new apprenticeships.
Given such uncertainties, the time savings created by engineering disease-resistant plants — rather than breeding them conventionally — might be overestimated, Grattapaglia says.
This may sound expensive, but it would probably be more than offset by the savings created by raising the full retirement age and eliminating subsidized early retiree health care.
One amendment offered by Democrats actually mirrors legislation enacted in Texas while Mr. Bush was governor, requiring insurers to lower their rates to account for savings created by "tort reforms" passed by state lawmakers in 1995.
They are extremely important because providers are paid to avoid unnecessary care, reduce errors, and keep Medicare beneficiaries out of the hospital — ACOs share in savings created over a pre-established target.
But in principle, he says, the savings created by all the welfare benefits that won't have to be doled out to people who are now making more money could be re-invested in vocational training, subsidized jobs, and direct income supports for those who can't find work.
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To achieve real savings creating long-term solvency, the Postal Service needs to focus on consolidation in more populated areas where the greatest opportunities for cost reduction exist".
The dream of a couple of college kids with a few savings creating an Apple computer in a garage could come true only in a rich country, with a big financial sector and a low-cost distribution system.
Those savings create a self-reinforcing cycle, in which stores don't flourish because people don't shop much and people don't shop much partly because there aren't many good stores.
The emerging budget deal, which could reach into scores of complex federal programs that will have to be restructured to produce the savings, creates a whole different set of problems.
So employees build both credit and savings — creating the first nest egg or financial cushion some have ever had.
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