If savings of an extra 20bn euros were found then the UK would be able to claim it amounted to a cut based on the budget for 2012.

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The Court held that students in a free society could not be compelled to engage in an act that amounted to a rejection of their most deeply held beliefs.

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Obviously, it remains to be seen whether the resurgence (which has amounted to roughly 40, 000 new sign-ups a day) will continue.

CNN: Doug Gross,

The Tax Court agreed with the IRS, treating this putative loan deal as a highly orchestrated transaction in which everyone knew the transaction would be documented as a loan but really amounted to a sale.

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He and other senior scholars had to issue what amounted to an apology, saying mischievous folk had published a document intended to be kept private.

ECONOMIST: Sheikh Bin Baz

The rest amounted to little more than extensions and expansions of current policy that would have to be approved by Congress, including doubling the tax credit for producers who make electricity from wind, biomass and landfill methane, the Gore campaign said.

CNN: Gore touts technology-based energy policy

And overall, the 54, 000 cuts amounted to just a bit more than half of the 105, 000 economists predicted would be cut.

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Such inflation amounted to sophisticated stealing, of course, as the value of savings by the industrious would be devalued in the process as well.

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