Word: budgetable
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...legislation passed that at least gives the economy a chance to recover with government spending and jobs programs. The programs may be the wrong programs, but that is not something that is going to be known ahead of time. There are a number of gambles in the proposed federal budget and many of them will not pay off. Many of the plans that the Treasury has to improve bank balance sheets and lending will simply be a waste of money. There is no entirely convincing argument that helping worthy people who cannot pay their mortgages with their home loans will...
...Such grim financial projections abound at Harvard Medical School and its affiliated hospitals where much of its faculty work. Mass. General, Dana-Farber, and Beth Israel Deaconess have all announced plans for layoffs. And the Medical School recently said it would cut its budget by 10 percent for the next fiscal year due to a projected 30 percent decline in Harvard’s endowment for the year ending this June...
...make that repair job even harder than it already is. Growing doubts about the Administration's revitalization plan have now mushroomed into a full-blown credibility crisis. After all, how can Obama ask for upwards of another $750 billion for another bank bailout (as he has in his 2010 budget) and $100 billion to help the world economies, when it appears the Administration has had little control over how the banks have been spending the money thus...
...problem with the option of doubling the size of the Afghan security forces: Officials inside and out of the Pentagon warn that the bill for setting up such a large force, estimated at $2 billion to $3 billion annually for several years, could prove daunting - more than double the budget of the Afghan government, and way more than could be sustained by Afghanistan's own economy for the foreseeable future. Even U.S. trainers for these new forces are in short supply: the Government Accountability Office, in a report issued earlier this month, said the Pentagon is 1,500 personnel short...
Harvard administrators have readjusted budget planning assumptions for the next two years to keep spending in line with expectations for a slow economic recovery. The payout from the endowment will decline by 8 percent in dollar value for the next fiscal year and is projected to fall by at least another 8 percent from 2010 to 2011—meaning that the payout in two years will have shrunk by over 15 percent from this year, the University’s Chief Financial Officer Daniel S. Shore said yesterday. The new budget guidance marks a departure from University instructions issued...