Word: budgeting
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Dates: during 1990-1999
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...something happened to the risk perception of these two competing instruments: they switched. Bonds ceased to yield double digits and then even high single digits. At the same time, huge budget deficits, now seemingly a thing of the past, created an impression that the guarantee of repayment was really more of a touchy-feely promise rather than a bond etched in stone...
Saudi Arabia is a land rich in oil and privileged royal princes. Yet it is so tight for cash that Crown Prince Abdullah, who is running the show for the ailing King Fahd, has boldly cut the budget. And he is reportedly sending out "Abdullahgrams" to spendthrift nephews, demanding that they reverse their habit of ignoring telephone and electricity bills or face service cutoffs like ordinary Saudis...
...suprise that the government would miss its self-imposed March 31 deadline for Y2K compliance. Like a child badly in need of a parent-teacher conference, the government has problems meeting deadlines. The Y2K status report announcement, made late Wednesday by the White House Office of Management and Budget, was succinct. Three federal agencies -- the Transportation Department, Health and Human Services, and the Agency for International Development -- have made little or no progress in winnowing out the Y2K bug. Only 80 percent of key government computers have been given a clean bill of health. The cost for ensuring that...
...month from now, students will be asked in a referendum to double their term bill student activities fee from $20 to $40 thereby doubling the budget of the Undergraduate Council. Three years ago, as a council member myself, I spent several weeks drafting and presenting a proposal calling for a referendum to double the term bill fee. But in retrospect, I am glad my idea went nowhere; then as now, the council simply did not deserve the raise...
...impotent to do anything other than follow a procedure for giving out cash to people who ask for it. And there's even a big question in my mind as to whether student groups need more money. The term bill hike would mean, according to the council's hypothetical budget, that $180,000 would go to that purpose alone-a $100,000 increase over the current level of funding. There is something to be said for not giving every student group as much money as it claims it needs...