Word: budgeting
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...Owing to budget crises, many states are now having trouble affording to keep so many people locked up. Some states are cutting incarceration expenses by consolidating prisons; some are trying to slash prison-food and health-care costs. But real savings come only when you reduce prison populations, and so some states - including California, Colorado and Kentucky - have begun releasing inmates early. "The pressure in state legislatures all over the country is to bring down the populations, because we just can't afford the level of punishment that we've had the last 20 years," says Joan Petersilia, a criminologist...
...Budget Under Control In mid-September, the DPJ will take over officially, with the Diet's election of Hatoyama as Prime Minister and the appointment of ministers. That leaves 100 days for the new administration to draft a budget for the next fiscal year that doesn't increase the national deficit - now at 180% of GDP, the highest ratio among developed countries - but still provides funds for costly election-year promises. The deadline is all the more pressing because Japan's still anemic economic recovery could falter without the steady infusion of government spending...
...stab at stimulus includes annual cash handouts to families with children of $3,350 per child, free high school education, the elimination of highway tolls and a four-year freeze on Japan's 5% consumption tax. A balanced budget is out of the question for now, but the DPJ says it can help pay for additional programs by cutting $97.8 billion in "wasteful" government outlays...
...House Book (Conran Octopus) Need to learn to navigate the latest green heating system or install eco-insulation? Terence Conran explains how to redesign your home into a green oasis without going over budget...
...previous downturns were not as severe as this one. Decreased spending at places like Golden Corral has gone straight to the county budget's bottom line. This year's sales-tax revenues are projected to drop 10% from last year. Overall revenue is expected to fall 9%, or $5,528,022. Capital projects have been hit. The county had planned to renovate the courthouse, an elegant 1930 brick building that sits in a square off Main Street and has a workmanlike modern extension off the back. At a meeting in May, the county council decided to delay the project...