Word: coddington
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...another attack on popular tuition aid programs proves too costly, in political terms, the administration may seek added cuts in less visible areas like basic scientific research and support for the arts. "We have seen the potential dangers that Reagan has caused," says Parker L. Coddington, Harvard's director of government relations, "and we really have no time to waste in preparing for 1983." He agrees with the widely held belief that Congress would probably extend debate through January on new proposals from the White House by granting short-term appropriations for federal agencies under a so-called continuing resolution...
Parker L. Coddington, director of government relations for Harvard, said that despite the potential adverse effects of the tax cuts and spending reductions. Harvard officials must now cling to "one chief hope that the administration program does achieve its ends" in cutting inflation, increasing the Gross National Product, "and building a generally stronger economy, so that there will be money to give to places like Harvard...
Even as they cross their fingers for the administration's plan, however, Harvard financial officers will focus attention on serious shortfalls caused by budget cuts in agencies like the National Science Foundation, Coddington said. "If we can make a case to private contributors that we have been hurt in enough areas, perhaps we can encourage support in spite of the tax problems," he added...
...Coddington cited studies conducted by Thurow and Martin S. Feldstein, professor of Economics at Harvard and director of the NBER, that predict that the government could eventually eliminate those taxes on profits and thereby end any incentive for corporations to contribute to universities...
...positive side, Coddington said Harvard and other schools had won only minimal victories in creating certain incentives for industrial support of campus research, which he said "will not stimulate very much new investment...