Word: budgeteering
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...Palfrey is hopeful that the limits on his House’s budget will be loosened...
...small sacrifices like these come nowhere near simulating what it’s actually like to be on a real budget with a finite number of dollars to spend each week, no exceptions. Does having hot chocolate at Burdick’s only once a week instead of twice therefore teach anything other than affectation? Please. Also, how offensive does it seem to those who do operate on tight budgets when they hear their affluent friends complain about the price of an entrée at Grafton Street, especially when it’s evident that in four years...
...high time for our members of Congress to pass comprehensive health-care reform. Yet it seems that partisan tactics will forever stymie any real reform. Therefore, we believe it was appropriate for President Obama last week to indirectly call on Congress to invoke reconciliation, a budget procedure that allows for a simple-majority vote to overcome fiscal differences in the House and Senate versions of their respective bills on health-care reform. Though reconciliation is a drastic measure that should certainly be used only sparingly, it is perfectly appropriate as a last resort from the Democrats to solve...
...past two decades, China's rapid economic growth has been twinned with an even more rapid increase in military spending. While GDP has expanded by an annual average of 9.6% over the past 10 years, the reported budget for the People's Liberation Army has grown by an average of 16%. So it was an unexpected surprise when Li Zhaoxing, a former foreign minister who is now spokesman for the National People's Congress, announced on March 4 that China's defense budget would increase by 7.5% for 2010, just over half of last year's 14.9% rise...
...China's 2010 military budget, which is awaiting legislative approval, will be $78 billion. That would make it second only to the United States, which for 2010 has a total budget of $663.8 billion. U.S. spending is equivalent to 4.7% of the nation's GDP, while China's defense outlay equals about 1.5% of its estimated...