Word: fiscal
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...This time around, there are growing calls for compliance mechanisms to be built into the strategy. They have become louder as the euro crisis has unfolded in recent weeks, with many officials saying that tougher fiscal oversight might have prevented the collapse of Greece's public finances. "We cannot have a pick-and-mix strategy, allowing everyone to do the easy parts and leave the real challenges to one side," Barroso told the European Parliament last week. "We need strong and true coordination in the economic field." (See the top 10 financial-crisis buzzwords...
President Barack Obama has appointed two Harvard alumni as members of the bipartisan National Commission on Fiscal Responsibility and Reform to devise ways to balance the federal budget...
Alice M. Rivlin, who received a Ph.D. from Harvard in 1958, and Ann M. Fudge, who graduated from Harvard Business School in 1977, are among the six nonpartisan members on the 18-member committee that will propose long-term fiscal solutions to Congress...
...long-time director of the Congressional Budget Office, she fully appreciates the enormity of the fiscal challenges ahead,” Mankiw said...
...case that the rise in Stillman admissions can be attributed to students drinking larger quantities of alcohol, one potential explanation may be the stresses created by the nation’s dismal fiscal climate...