Word: budgeters
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Dates: during 2000-2009
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...climate of precipitous endowment losses and spending curtailment. Minow faces the unenviable task of reconciling shrinking spending with a period of rapid, immense change in the legal industry that has altered the way law schools operate. As a result, some fear that as the school shrinks its budget, spectres of the school’s ideological battles of the past might resurface...
...Budget cuts are going to cast a shadow over everything,” Rimalower said. “It’s going to be question of how much [Hayward and Zhang] can draw attention to student groups...
...good ideology, was retailing a myth. Ronald Reagan is remembered for the massive tax cuts passed during his first year in office. But since deficits do matter - and since Reagan's so-called supply-side cuts blasted an enormous hole in the budget - the President had to come back in 1982 with the largest peacetime tax increase in American history: the Tax Equity and Fiscal Responsibility Act, which raised $37.5 billion, or 1% of gross domestic product (GDP), per year. He also signed a $3.3 billion gasoline-tax increase. The next year, he signed another whopping tax hike, designed...
...second prevailing myth of the Reagan Administration, quietly peddled by budget director David Stockman, went like this: O.K., supply-side economics is a phony, but we can use the growth of budget deficits as an argument for limiting the growth of government. That didn't work out so well either. The public demanded its entitlement programs - deficits be damned - and a strong defense, and loved having politicians who secured funding for a Yo-Yo Hall of Fame in their district. Deficits grew until the combined actions of George H.W. Bush and Bill Clinton caused the deficits to stop growing...
...Thus far they have identified four key areas in which they believe their opponents are vulnerable: the ongoing credit crunch in the commercial real estate market, the looming costs of unemployment tax increases on states and businesses, the massive budget deficits and what Cantor calls an uncertain environment that Obama's ambitious agenda on health care, financial reform and climate change is creating for the business community. Cantor admits the group has yet to come up with any solutions, but they are meeting over the next few months to hear from experts and to hammer out concrete proposals. The method...