Word: furthers
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Also weighing on the dollar: investor concerns that to balance a budget deficit expected to swell this fiscal year to $1.85 trillion - equal to 13% of the country's GDP, a level not seen since World War II - the Federal Reserve could simply resort to printing more money, further flooding...
To further reduce costs, the Business School has limited landscaping operations and closed some dining outlets in its student center.
This past spring, 25 of 72 eligible Law School employees accepted buyouts from the University. Administrators further reduced the personnel budget by eliminating some vacant positions and visiting faculty appointments, freezing faculty and non-union staff salaries, and slashing faculty allowances. Professors and senior administrators have also pledged several hundred...
But even with these cost-cutting measures, the threat of layoffs had loomed since April, when Jackson said at a town hall meeting that further staff reductions would likely be needed to bring the School's costs in line with its new financial realities.
Proposition 13 further altered California politics by requiring a two-thirds majority for tax increases either at the state or local level. This requirement along with a constitutional provision requiring a two-thirds majority to pass a budget - the result of a proposition passed in 1933 - means it is far...