TalkTalk slips on concerns over revenues and customer losses 5.
That has hurt and put a cloud over revenues.
At its peak, the Western Company had over 5,000 employees and annual worldwide revenues of over $500 million.
It had almost 50,000 employees, over 20 million customers worldwide and revenues of $12 billion per year.
The deficit is the excess of spending over revenues, usually financed by borrowing.
Even in the negotiations over revenues, the Pataki administration is standing firm.
In the past, budget negotiations have been delayed as state leaders argued over available revenues.
Real budget reform must include a way to resolve the annual stalemate over revenues.
Unfortunately, over the last decade and a half, instead of generating revenues to the treasury, it has turned into a canker for the whole society.
The Obama plan, remembers, privileges cuts over revenues by three to one.