Each argues that the rule should be relaxed until its economy rebounds.
"When the economy rebounds, we will be positioned for growth."
"When the economy rebounds, we already have our business in a good position," he said.
They contend that, by curtailing spending now, the city government will help the local economy rebound.
If the economy rebounds, those costs could evaporate, the governor said.
Chase executives are confident it will become a valuable property once the local economy rebounds.
When the economy rebounds, perhaps in the first or second quarter next year, it is likely bond yields will rise.
Yet the state's financial position could sharply worsen later this year unless the economy rebounds, they said.
"When the economy rebounds, people will buy more paint."
When the economy rebounds, the city will likely encounter record-high demands in the summer of 2003 and 2004.