Word: budgetable
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...prepared for a pandemic than ever before, it doesn't mean we're truly prepared. A virulent flu pandemic--one that spreads throughout the world and sickens 25% to 30% of Americans--would cause our health-care system to crash like an overloaded website. Partly because of recession-fueled budget cuts that have led to the loss of 10,000 jobs in state and local health agencies over the past year, our hospitals have little in the way of surge capacity--excess beds and ventilators--that would allow them to handle a sudden influx of sick patients. And there...
Most important, realize that, done right, spending less doesn't mean being miserable--just making sure that the things you pay for are truly important to you. "There's no right or wrong budget," says Leslie Linfield, executive director of the Institute for Financial Literacy. "The only rule is, don't spend more than you make." Because breaking that rule is what got us here in the first place...
Harvard’s tax returns for the fiscal year ending June 30, 2008, detail over $4 million in compensation for top administrators, a figure likely to draw close scrutiny over the coming months, as the University implements deep budget cuts...
...Smith responded noncommittally to a student’s suggestion that administrators take salary cuts in the spirit of shouldering the burden of deep cutbacks across the University. The Faculty will need to close a $220 million deficit over the next two years, Smith said, but the range of budget cuts announced last week only account for $77 million in savings...
While compensation costs for all employees comprise roughly half of the University’s operating budget, top administrators said that cuts in faculty salaries would be detrimental to the University’s academic mission...