Word: budgetable
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With departments seeking to “cut the fat” from their budgets to the tune of a 15 percent reduction requested by the FAS administration, bagels and bacon will be the first to go. Rather than eliminating central costs such as employees and course materials, department chairs are looking to cut down on non-essential expenses such as food and office supplies as they set the next year’s budget...
According to History of Science Department Chair Anne Harrington, even though the department’s food cost is only a small portion of the overall budget, the move is “partly symbolic politics...
Crimson Catering, the subdivision of Harvard University Dining Services that caters to events ranging from faculty meetings to gala dinners, declined to comment on any changes in sales. But they have begun advertising a special “Give Your Budget A Break” menu on their Web site, in an apparent recognition of the budgetary constraints sweeping the campus...
...clear that the economy is struggling when even Harvard University, the Lil’ Wayne of higher education, has to make budget cuts. Having seen the pains of these cuts across our campus, Prestige and Mobility decided to put on our investigative “journalist” caps/jumpsuits and get to the bottom of this...
...administration. "The opposition party is looking to make an opportunity out of this big mistake," says Credit Suisse chief economist Hiromichi Shirakawa. Shirakawa says that if there were economic implications of Nakagawa's resignation, they might be that the DPJ would "push the reset button" on Aso's pending budget proposal, which includes an unpopular hand out of $21.7 billion to the Japanese public. The opposition Democratic Party of Japan, he says, "can now argue that the government has already lost their ability to get back on a path to recovery...