Word: budgeter
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...know, the College has announced the elimination of various services as the Faculty of Arts and Sciences attempts to bridge a substantial budget gap. In these tough times, we must all make sacrifices, and each of us must bear our fair share of the burden. In that spirit, we regretfully inform you of these additional policy changes for the 2009-2010 academic year...
This is why Obama and his budget director Peter Orszag are so eager to "bend the cost curve" for health care - if they don't, it's hard to see how we're going to be able to afford a military or interstate highways or a social safety net or any other government services. Compared to health costs, the Iraq war, the financial bailouts, the stimulus package and even the long-term Social Security shortfall are minuscule fiscal problems. (See a guide to understanding the health-care debate...
...This is partly because most of his curve-bending ideas - computerized records to bring medicine into the 21st century, comparative effectiveness studies to identify unnecessary treatments, revamped incentives to reward quality rather than volume of care - would take more than a decade to start slashing costs, and the Congressional Budget Office (CBO) doesn't score bills for their impact on the federal deficit that far in advance. Obama's most prominent game changer - an independent panel to set Medicare reimbursement policies removed from political pressures - did not fare well under the conservative CBO scoring system either. The only proposal that...
...largest New Deal program, employing 8.5 million people and spending $11 billion on public projects nationwide - was a real jobs program. More than 80% of its budget was dedicated to labor. In a speech at LSU in 1936, the WPA's legendary head, Harry Hopkins, gave a cogent synopsis of his agency's deep effect on the nation. "You can start out from Baton Rouge in any direction and pass through town after town which has water facilities or sewer facilities or roads or streets or sidewalks or better public buildings, which it would not have...
...Deal, they did everything they could think of to get people paychecks," says Alice Rivlin, a Brookings Institution scholar and former head of the Office of Management and Budget. "For example, there were WPA projects for artists and writers. In the 1970s, we put people to work during recessions doing useful things. These were mostly lower-skills jobs such as teaching assistants, home health-care workers and cleaning up parks. A similar program today could help a great deal with the high level of unemployment among young people...