Word: budgeter
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...sole claim to having the most varsity teams of any school in the nation. The news of the cuts came after MIT announced that its Department of Athletics, Physical Education, and Recreation would have to reduce its spending over the next three years by $1.45 million. Its current annual budget is $12.9 million. MIT athletic officials are currently meeting with student athletes, coaches and interested alumni in order to decide which five to eight teams will be removed from the varsity program. Both Harvard and its neighbor downriver currently have 41 varsity sports teams—tied for most...
...Compensation costs account for nearly half of our operating budget,” he wrote. “[It] is increasingly likely that Harvard...will have to make changes to the size of its workforce...
...spent only two years as a young officer in the Air Force, Defense Secretary Robert Gates is looking equal parts Clausewitz and Sun Tzu - two of history's greatest military tacticians - as he unfolds his battle plan to remake the U.S. military. Last week he unveiled a $534 billion budget proposal for 2010 that calls for killing some of the military's most cherished weapons in favor of less high-tech gear better suited for the wars in Afghanistan, Iraq and the most likely future conflicts. "You don't need," he said, "a $5 billion ship to go after pirates...
...lack of lawmakers in Washington muted the outrage that would have exploded had all 535 of them been hanging around the Capitol surrounded by cameras and reporters. Not that that has entirely stopped all the rhetoric, including many critics' bogus claim that Gates is shrinking the overall Defense budget. By canceling the Air Force's prized F-22 fighter, Gates "is willing to sacrifice the lives of American military men and women for the sake of domestic programs favored by President Obama," said Senator Saxby Chambliss, a GOP member of the Armed Services Committee from Georgia, where the plane...
...Strike Early: Traditionally, the Pentagon budget is revealed by the White House along with spending plans for the rest of the government. Gates got permission from Obama to divulge his key decisions early, before sending them across the Potomac River. That means he hasn't had to play defense against the leaks that inevitably occur when the Pentagon sends its budget to the White House's Office of Management and Budget. As soon as that happens, jilted contractors run to their favorite lawmakers, seeking to save their tentatively-axed program before the budget is officially released...