Word: budget
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...argument is airtight. Since Harvard is still the wealthiest university out there, and many other universities undergoing similar budget crises can still afford hot breakfasts, there’s no reason why we shouldn’t offer them...
...this point, everyone is familiar with the raft of cost-saving measures the ever-so-wise college administration has implemented in order to slice a few million dollars out of what was apparently a bloated operating budget. These cuts come in the face of—and this is just ballpark, folks—about 10 billion lost dollars in our endowment (summary of the budget fiasco thus far: salaried administrators 1, wage-earning Harvard employees 0). Recently, the powers that be realized the silliness of their proposed changes in the shuttle schedules and repented. Why can?...
...there is more than just the Los Angeles fire for the state to worry about. A string of major wildfires has hit California over the summer. Addressing reporters on Sept. 3, Governor Arnold Schwarzenegger tried to sound reassuring, "Even though we have a budget crunch and we have an economic crisis and we just solved a $23 billion deficit, we will always have the money available to fight the fires because public safety is our No. 1 priority...
...this season's firefighting in California comes just as the state has made vast and deep cuts in nearly all services to balance its books. Can California afford to fight fires given its budget woes? And when does the federal government step in? (What things should you save if your home is threatened by fire...
Indeed, in the recently approved state budget, Schwarzenegger kept the budget of Cal Fire, the state department of forestry and fire protection, roughly level at $518 million (which is used for salaries of the department) and doubled the emergency fund for wildfires from $69 million to $182 million. But with high summer temperatures, the California fire season is off with a roar and from July 1 to Sept. 2 the state spent $108.7 million. "We have literally burned through more than half of the emergency fire fund," says Department of Finance spokesperson H.D. Palmer...