Word: budgeter
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Because of Detroit's disastrous past decade, the renovation took longer than expected, and the museum struggled: attendance, which is highly dependent on special exhibits, fell sharply. Last year Beal reduced the DIA's budget, from $32 million to $26 million, partly by laying off 20% of the museum's staff. Cultural sites nationwide are struggling to weather the economic crisis, but the challenge facing Detroit's institutions is especially severe; they can no longer rely on support from the region's ailing auto industry. Raising money, Beal says, "has been unbelievably challenging." (See TIME's special report "The Committee...
...designed to dent the national debt. The march was organized by labor unions to coincide with the second 24-hour strike in two weeks, which grounded planes, stopped public transportation and shuttered schools. The recently announced belt-tightening measures include tax hikes and government wage freezes. Greece faces a budget deficit estimated at 12.7% of GDP and the possibility of being the first nation to default among the 16 countries that use the euro...
While each House has dealt with the increased financial limitations in a different way, no House has been immune to the budget cuts, which FAS Dean Michael D. Smith announced last...
...They’ve been remarkably generous, above and beyond what’s even reasonable, which has been really helpful given our budget,” said Mather House Committee historian Anna S. Roth...
...They had a little more money, so the administration improved or increased the administrative budgets,” he said. “Truth be told, when the budget cuts occurred, they had to cut back their administrative budget, but they also cut back the House budget, which had not increased by the same degree–if at all—during the expansion...