Word: cuts
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Dates: during 2000-2009
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Facing a projected budgetary deficit of $220 million last year, the Faculty of Arts and Sciences had planned this spring to cut 8 to 10 percent of the College’s section leaders for the fall semester, which was projected to save around $2 million, according Logan S. McCarty, assistant dean of Harvard College. But because of changes in enrollment, it remains unclear four weeks into the semester how much money will actually be saved or how section sizes will change...
...unclear how deeply a new batch of sanctions against Iran would cut, particularly since the U.S. needs Moscow and Beijing as signatories if it wants the initiative to pack a punch. Russia and Iran have shared economic interests, and according to some estimates, China has some $100 billion tied up in Iranian oil and gas reserves. Both countries have been unwilling to rebuke their strategic partner in the past. A watered-down set of sanctions might be disappointing to those, like Israeli Prime Minister Benjamin Netanyahu, who want to "cripple" Iran. But they wouldn't be out of the ordinary...
...During the campaign, Westerwelle pledged to cut taxes and simplify Germany's tax code - regarded as one of the most convoluted in Europe. The FDP leader says the goal is simple: more money in the pockets of workers. Lower taxes, the party says, will increase tax revenues by providing more incentive to work and boosting growth. Pushed by the CDU's sister party, the Christian Social Union (CSU), Merkel has already promised to cut taxes, but she cleverly avoided mentioning any date. The issue is likely to define the new government - either because Merkel and company carry out reforms...
...Harvard Idea Bank is not the first of its kind. MIT launched a tool with a design uncannily similar to Harvard’s several months ago as part of its attempt to cut operating expenses, recognizing that “the work to sculpt a stronger MIT will require collective wisdom and collaborative action...
...Budget cut discussions] are going on in all dining rooms, all dorm rooms, in all UC committees,” said Mather representative and legislation co-sponsor Eric N. Hysen ’11. “The task force’s role is making sure all of those conversations are going towards a productive...