Word: deficit
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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...
...reshaping” the Faculty of Arts and Sciences (composed of Harvard College, the Graduate School of Arts and Sciences, the School of Engineering and Applied Sciences, and the Extension School) into a smaller, more efficient entity, and slashing FAS’s remaining $143 million deficit by the summer...
...this point, you’ve probably heard: Your soon-to-be alma mater is facing some, well, small financial difficulties. And by “difficulties,” I mean that the Faculty of Arts and Sciences is battling a mere $143 million budget deficit. True, we still have the largest endowment of any University in the world—by a long shot. But, in this time of crisis, Harvard needs to save some major dough. During its first round of cutbacks (which helped bring the deficit down from its original $220 million), the College unveiled...
Lost Book Replacement Fee: Clearly, Harvard is going to make up its entire $143 million deficit by harassing you for not returning that one, random copy of “Dwelling and Architecture: from Heidegger to Koolhaas...
...bring medicine into the 21st century, comparative effectiveness studies to identify unnecessary treatments, revamped incentives to reward quality rather than volume of care - would take more than a decade to start slashing costs, and the Congressional Budget Office (CBO) doesn't score bills for their impact on the federal deficit that far in advance. Obama's most prominent game changer - an independent panel to set Medicare reimbursement policies removed from political pressures - did not fare well under the conservative CBO scoring system either. The only proposal that really impressed the CBO was the so-called public option, which would pressure...