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...release specific numbers, it is unclear what percentage of the money raised through the HCF supports undergraduate life.The same University Hall administrator maintains that FAS’s financial straits mean that increasingly, undergraduate priorities are being pushed aside.FAS is in the middle of a $800 million building boom that is driving the administration into a projected budget deficit of up to $40 million.Outgoing Dean of the Faculty William C. Kirby has said that “students, by and large, will not experience” the budget crunch, but the University Hall official disputes that FAS?...

Author: By Alexander D. Blankfein, CRIMSON STAFF WRITER | Title: Undergraduate Life Cashes in on New College Fund | 6/7/2006 | See Source »

...This is still a President who hasn't vetoed a bill," says Gus Faucher, director of macroeconomics at Moody's Economy.com. Bush wants to make his tax cuts permanent, which will be expensive, and the nation is fast approaching the retirement years of the Baby Boom generation, which will be costly as well. Paulson needs to start the nation down the road of deficit reduction-and Bush needs to give him a free hand...

Author: /time Magazine | Title: Will Bush's Treasury Chief Swing the Budget Ax? | 5/30/2006 | See Source »

...voice of the boom. Treasurer Peter Costello has been Australia's carnival barker for 10 years. Using a backdrop of blissful financial chart lines, Costello can sound like an auctioneer. Promoting his 11th Budget at a recent Liberal Party fundraising event for 700 in Sydney, Costello was in full boom. Heckling the man who was about to cut their taxes by $100 a week was not this crowd's style. Where a property salesman employs a gavel, Costello does a PowerPoint floor show with happy hands and a jerky delivery. You can never predict when Costello's number will switch...

Author: /time Magazine | Title: Just Like Howard (But Can Do PowerPoint) | 5/29/2006 | See Source »

...been curdled by anger over his loss in 2000; Clinton will always be known as the wife of that other Clinton. The arguments for and against-and between-these two honorable politicians have become arthritic with age, debilitating. In fact, most of the arguments that have dominated baby-boom politics are rutted and irrelevant. The perpetual culture wars between Republican and Democrats, the legacy of Vietnam and racial, gender, sexual-preference and religious militancy have all become poisonous diversions from the very serious national conversation that needs to take place. We baby boomers have not proved very adept at running...

Author: /time Magazine | Title: Barack Obama Isn't Not Running for President | 5/28/2006 | See Source »

...dean proceeded to tighten belts across FAS—provoking a small outcry when he cut 10 staff positions at the Semitic Museum. He had nearly erased the deficit by 1996.Knowles returns to the deanship as FAS faces possible deficits yet again, resulting from a billion-dollar building boom and rapid growth in the Faculty’s ranks. The FAS Resources Committee said in January that the school could face a $100 million deficit in 2010 if it does not reel in spending, ramp up fundraising, or dip further into the endowment.In an interview Monday, Knowles, the Houghton professor...

Author: By Daniel J. T. Schuker and Anton S. Troianovski, CRIMSON STAFF WRITERSS | Title: Beloved Brit to Reprise Role as FAS Dean | 5/24/2006 | See Source »

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