"Funding" Quotes from Famous Books
... financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation ... — The 2001 CIA World Factbook • United States. Central Intelligence Agency.
... Many of the States were up to their eyes in schemes of inflation, paper money, and repudiation. There was no money in the treasury to pay the ordinary charges of government; there was no revenue and no policy for raising one, or for funding the debt. This picture is darkly drawn, but it is not exaggerated. That high spirit of public honor, which seventy-five years later rose above the ravages of war and the temptings of dishonesty to pay ... — George Washington, Vol. II • Henry Cabot Lodge |