Word: budgeteering
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Dates: during 1970-1979
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...portion of the RUS budget designated for organizational loans and grants totals $5250. The group alotted $4430 of the total to seven different activities. The money left over will be used to support new groups which may require funding later in the year, Heather Pavlik '80, secretary of RUS, said last night...
Wolfe and his nine-member staff work on a meager $148,000-a-year budget in a cramped and rundown Washington office. On the door is a sign in Latin: POPULUS IAMDUDUM DEFUTATUS EST (The people have been getting screwed long enough). Putting in ten-hour days, Wolfe is currently involved in a study of surgeons' fees in Washington, D.C., a stepped-up antismoking campaign, and warnings on estrogen...
...felt confident that North Sea energy riches would give them the means to create a perfect society. Even before the money came in, they started spending it to enhance an elaborate social-welfare system that has given them one of the world's highest living standards. But the state budget crept up, until today this system takes an astonishing 54.9% of the gross national product. Belatedly, Norwegians discovered that they were living well beyond their means...
Unrealistic oil production and revenue predictions, expensive delays and 100%-to-200% cost overruns at offshore platforms have led to economic crisis. Norway has greatly overspent its oil revenues. Prime Minister Odvar Nordli, whose Labor Party has governed for five years, felt it necessary to submit an austerity budget for 1979 and propose a wage-and-price freeze through the end of next year; the Norwegian parliament last week approved the freeze proposal...
...much reliance on government. Says he: "Each job in industry is now supported by an average $1,000 to $1,200 per year in government funds. In shipbuilding the figure is $8,000 to $10,000. It is obvious that we have to reduce this load on the state budget considerably...