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Cambridge city officials and organizations have only just begun to digest and grapple with last month’s initial round of state budget cuts, but already, the specter of further cuts—perhaps as early as February—is looming overhead.
And the director of these programs has voiced concern that further budget cuts could incapacitate them entirely.
Gottsche said that while Just-a-Start would continue to search vigorously for charitable funding and corporate support—which he said has dropped off dramatically in recent years, despite the use of the Internet—he was not optimistic about its prospects and feared further rounds of...
“We’re hoping there won’t be another cut in February or else we’ll probably lose [Biomedical] altogether,” said Gottsche. He added that additional state cuts would likely lead to staff reductions for Mediation and further reductions...
Another worry that goes hand in hand with stimulus packages like this one is the possibility of stoking inflation. For the moment, though, Beijing can breathe easy on that issue. After wrestling to control rising inflation over the past 18 months, the government reported recently that China's Producer Price...