1. If, therefore, public spending increases we have no idea whether the rise went in pay or in improved services. 2. The second is that the spending increase leads to the economy overheating and thus forces interest rates up. 3. And import growth, which unexpectedly declined in June, should pick up as consumer spending increases. 4. And no tax cuts or spending increases will be able to change that outlook immediately. 5. And the elder President George Bush was able to fend off Democratic demands for spending increases because there was a general recognition that the money was not there. 6. And unlike many past budget bills, this one had spending increases in the short run. 7. Another unresolved matter is how to offset some proposed spending increases. 8. At a time of unprecedented national prosperity, many educators expected much bigger spending increases for using technology to raise student achievement. 9. At the same time, however, he sought to fight off GOP calls for tax cuts or spending increases. 10. Attorney General John Ashcroft has been testifying before Congress this week, arguing for substantial spending increases for counterterrorism programs. |