Word: deficits
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Dates: during 2000-2009
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...Town Hall meeting hosted by the Undergraduate Council, FAS Dean Michael D. Smith responded noncommittally to a student’s suggestion that administrators take salary cuts in the spirit of shouldering the burden of deep cutbacks across the University. The Faculty will need to close a $220 million deficit over the next two years, Smith said, but the range of budget cuts announced last week only account for $77 million in savings...
...savings are part of the budget cuts announced Monday by Dean of the Faculty Michael D. Smith designed to close the Faculty of Arts and Science’s projected $220 million budget deficit...
dollars to be used to offset the budget deficit, or hire back...
...states from the stimulus package (a fund cut by more than $40 billion to win the support of the three Republican senators who voted for cloture). The worst is yet to come. The executive director of the National Governors Association has testified that states are facing a $200 billion deficit over the next two years, a deficit that, in the absence of more federal assistance, can only be covered by lay-offs...
...million in cost-cutting measures announced on Monday represents only a third of the total $220 million annual deficit that FAS administrators hope to close by July 2011. FAS will embark on its next stage of reductions—dubbed “reshaping” by FAS Dean Michael D. Smith—in the coming months to make up the remaining $143 million...