Word: reductionism
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Dates: during 2000-2009
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There was a case for mild cuts when Bush came to office. The economy was stalling, and there was a budget surplus. We have big deficits now, and an economy chugging along at 4% growth. Bush's addiction is a reflection of ideology run amok and a twisted reading of...
Like a schoolyard bully short on cash, the Bush administration has decided to steal lunch money from the smart kids’ piggy banks. In the face of the burgeoning U.S. budget deficit and Republicans’ penchant for tax cuts, something had to give—and higher education...
The legislation has sparked protest from higher education advocacy groups because student loan programs face a net cut of approximately $12 billion, which accounts for nearly a third of the $39 billion reduction in federal spending.
“The Deficit Reduction Act seeks to curb the unsustainable growth rate of mandatory programs that are set to consume 62 percent of our total federal budget in the next decade if left unchecked,” said Rep. Adam H. Putnam, R—Fla, according to...
Reiterating the views of many in the higher education community, Day, the Harvard official, said in an interview last month that money cut from certain aspects of the student loan program should have gone to fund education initiatives—not toward deficit reduction or other measures such as tax...