Word: budget
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Tucked deep inside the Senate health reform bill - beginning on page 1,926 - is a plan for a new federal insurance program. Average premiums could be as high as $180 per month and could be automatically deducted from the paychecks of some American workers. The nonpartisan Congressional Budget Office (CBO) predicts this new program would "add to budget deficits ... by amounts on the order of tens of billions of dollars." This is not, however, the so-called public option that is the focus of much heated debate on Capitol Hill. It's an entirely different Democratic plan...
...Senator Ted Kennedy, a chance to improve the current options available to the elderly and disabled who need care (Medicare does not cover long-term nursing-home stays, and Medicare funding for home health care would be cut under health reform); to critics, it's a fiscally unsound budget gimmick, "a classic definition of a Ponzi scheme," as Republican Senator John Thune of South Dakota described it late last week. (See 10 players in health care reform...
...only good solution is to find ways to restore the acquisitions budget, making up not only for recent cuts, but for the past decade of cuts,” wrote co-authors English Professor Daniel G. Donoghue, Classics Professor Richard F. Thomas, and History of Art and Architecture Professor Jeffrey F. Hamburger...
...report in June that over the past few years, “our efforts have been flagging already, to widespread consternation and alarm.” He wrote that those difficulties would be exacerbated this year by what he predicted to be a 15 percent drop in the acquisition budget...
...sought to reduce its budget for 2010 by $12 million, even though expenditures have risen due to the falling dollar and increasing subscription prices. But the letter says Harvard’s libraries have been strained by a “period of neglect” stemming back to the 1990s...