Word: cuttingly
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Dates: during 2000-2009
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...decide how much they can afford to give, many worry they won't have enough to attract a full freshman class. Because private undergraduate colleges draw an average of 60% of their operating costs from tuition revenue, a student shortfall could cause a painful budget crunch, forcing schools to cut programs, slash faculty salaries and potentially raise tuition for students already enrolled. With admissions letters in the mail, many colleges are as nervous as the high school seniors waiting for word. Nailing the target class size is always "like landing a 747 in your backyard," says Skidmore president Philip Glotzbach...
According to Bailey, the promised funding will decrease the Alliance’s deficit from a projected $70 million to $30 million, though clinics and services cut in earlier months will still not be restored...
...funding infusion—announced Wednesday by Mass. Governor Deval L. Patrick ’78 at CHA headquarters as part of $764 million of federal stimulus funding the state will earmark for health care—follows recent moves at CHA to close clinics, cut services, and lay off hundreds of employees as the Alliance struggled to manage a $55 million cut in state and federal funds announced last October...
...Capitol Hill on Wednesday to rally his party's support for his agenda, he sought to make a counterargument to the rising chorus that wants him to scale back his ambitious plans to reform health care, energy and education even as he tries to save the economy and cut the deficit...
...more bank bailout funds. And they both slashed the Administration's proposed 10% increase in nondefense discretionary spending (for education, environment and health initiatives, among other things), to 7% in the Senate and 7%-9% in the House. The Senate stripped the President's signature middle-class tax cuts, known as "Making Work to Pay," of $400 for individuals and $800 for families. The Senate plan, crafted by Budget Committee chairman Kent Conrad of North Dakota, also notably does not include any targeted funding to bankroll health-care reform, as Obama's does with $634 billion over 10 years. "When...