Word: budgets
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...said Economics Professor Raj Chetty, who helped found the program as part of his tenure offer at Harvard in 2008. Funding has been allocated on the order of $1 million from the Faculty of Arts and Sciences—a major contribution, considering the $77 million round of budget cuts this spring. And though it was promised pre-recession, Chetty said the FAS commitment has not changed. LEAP aims to become the economic department’s laboratory: economic experiments—given short shrift by some because of their relatively high costs—could provide substantive data...
Over the summer, the MBTA announced that it was considering fare hikes and service reductions to help eliminate the agency's $180 million budget deficit and $5 billion debt. But Mass. Gov. Deval L. Patrick '78 has suspended planned public discussions on the service changes, and it's unclear if the proposals are still on the table...
...current economic climate, the university has done an admirable job of tying the goals of sustainability with cost-cutting imperatives. The heating decrease of two degrees implemented last year within residential suites not only represented an energy-conscious move but also helped the university significantly cut its budget deficit for this fiscal year...
...university should be commended for making the far-sighted decision to continue aggressively pursuing green initiatives, even while dealing with a budget deficit and other serious financial issues. Seeing these projects through will offer both financial and environmental paybacks that benefit Harvard and its community for the long term...
...economy. And there are ancillary industries feeding on the success of Beck and others like him. Both left- and right-wing not-for-profit groups operate as self-anointed media watchdogs, and one of the largest of these - the liberal group Media Matters for America - has a multimillion-dollar budget. Staff members monitor Beck's every public utterance, poised to cherry-pick the most inflammatory sentences. (Conservative outfits do the same for the likes of MSNBC's Keith Olbermann.) These nuggets are used in turn to rev up donations to political parties and drive ratings for the endless rounds...