"We've therefore cut the amount of teaching we have to give to our students to the bone," says Thomson, but it is a plan that will secure the future solvency of the college, rated outstanding by Ofsted in 2012.
Going forward, the security and solvency of Bitcoin companies will be verified in several ways.
In his budget preface, Mr. Obama simply called on Republicans to join him in negotiating a bipartisan agreement overhauling corporate taxes and securing Social Security's actuarial solvency over 75 years.
Democrats said that the plan would force unacceptable cuts in programs from Head Start to the Drug Enforcement Administration, that it did nothing to secure the long-term solvency of Social Security and Medicare, and that it also risked plunging the budget back into deficit.
If monetary policy was used to secure the sovereign's solvency -- clearly breaking of the principle of self-responsibility -- the risk of government's irresponsible behavior would be further exacerbated.
Perhaps oddly, they cast Mr. Gore as the conservative custodian of President Clinton's policies of securing growth by chipping away at the burdensome national debt, and Mr. Bush as the risk-taker who would reverse course on tax policy and divert part of the Social Security payroll tax to private retirement accounts at a time when Social Security's long-term solvency is still very much in doubt.
Some Republican lawmakers have pushed for structural reforms to Social Security to extend its solvency.
His answers about the solvency of Social Security were glib.
A Greek government spokesman, Ilias Mossialos, said that Germany and France had expressed confidence that new austerity measures announced by the Greek government over the weekend — chiefly a new property tax — would ensure that Athens meets deficit reduction goals set by foreign creditors, while securing a sixth installment of emergency funds on which its solvency depends.
Mr. Gore has proposed a plan to extend Medicare's solvency by five years, from 2025 to 2030, by placing the anticipated $400 billion, 10-year Medicare surplus in a secure fund that could be used to reduce the federal debt.
