Word: budgets
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Dates: during 2000-2009
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...White House and the Congressional Budget Office will both release their financial budget estimates on Aug. 25 and there's good news and bad news. The good news is that the Obama Administration has scaled back its estimate of this year's budget deficit to an estimated $1.58 trillion (down from $1.84 trillion in May). The bad news is that this is by far the largest budget shortfall in U.S. history - nearly $900 billion more than last year's deficit - and it accounts for 11.2% of GDP, the largest percentage since 1945. It's more money than we have circulating...
...hard for many Americans to believe, but the United States' checkbook hasn't always been in the red. Aside from periods of war or economic turmoil, the federal budget was actually in surplus for most of the nation's first 200 years. The government incurred considerable debt during the Civil War and the Spanish-American War but paid it off by the early 1900s. Between 1901 and 1916, the budget was almost always balanced. But then came the Great Depression followed closely by World War II, which resulted in a long succession of deficits that caused the federal debt...
...Harvard’s athletic facilities and a future home of upper class houses (goodbye, Quad!) 2. Home of Blanchard’s, king of kegs (and painfully cheap gin). 3. An area (allegedly) infested with rats after Harvard dug a humongous hole and then abandoned it due to budget constraints...
Hilles Library: 1. Former home of the Quad Library, a sterile, brightly-lit study space that used to have very few books, and now has none. 2. What’s first to go when Harvard faces a budget crisis...
...Bishops called the House proposal a "radical change" built around the "illusion" that public funds could be segregated from private funds in a government-run plan or in private plans that accept federal subsidies. "Funds paid into these plans are fungible, and federal taxpayer funds will subsidize the operating budget and provider networks that expand access to abortion," writes Cardinal Justin Rigali in an Aug. 11 letter to members of Congress...