Word: budget
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...know how Harvard can solve the budget crisis,” said Anne E. DeAngelo ’12. “Cut open magic oranges and find twenties inside...
...Contrast that with Ireland. Since losing its edge in Europe - rising labor costs helped the country's share of euro-zone exports fall one-fifth between 2001 and 2008 - the Irish haven't shied from cutting their cloth in recent months. In his budget announced Dec. 9, for instance, Lenihan unleashed deeply unpopular cuts in public-sector pay that look set to trigger strike action. But when it comes to a spending squeeze of their own, says Tilford, "the Greeks are a long way from recognizing that they really have no choice." (Read "Ireland's Economy: Celtic Crunch Time...
Last year, the first round of budget cuts bid farewell to hot breakfast, the Widener Café, and free coffee in many of Harvard’s departments. Even after the administration offered eligible staffers early retirement packages in order to cut costs, Dean Michael Smith said there was still more hacking to go and to expect a restructuring of the Faculty of Arts and Sciences. However, last week’s announcement that the administration is offering early retirement packages to faculty in FAS and four of Harvard’s professional schools comes...
...unemployment and lingering public worries over government spending. Almost 10 months after signing the $787 billion stimulus, the largest such federal program in U.S. history, he announced on Tuesday that the Federal Government needed to spend even more, a prospect that polls poorly, as concern about spending and the budget deficit continue to fester...
...make absolutely positively sure that this recovery evolves into a self-sustaining economic expansion, and that is what this is all about," says Mark Zandi, an economist for Economy.com who has advised both Republicans and Obama. "If we go back into recession, it's going to blow out the budget, and it's going to cost the taxpayers a lot more...