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...compromise between these two and will be submitted to Patrick by July 1. The budget slashes aid to local communities by $424 million, a 25 percent reduction in the funding the state will distribute this year even after Patrick’s midyear cuts.According to State Representative Alice K. Wolf, Cambridge will see an approximate drop of $7 million in local aid as a result. Across Massachusetts, cities and towns are struggling to cope with the aid reduction, considering measures such as slashing police and fire services, laying off workers, and imposing new taxes, Wolf said...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Mass. House May Cut Local Aid | 4/17/2009 | See Source »

...He’s garnered plaudits of all kinds: a MacArthur Genius grant at age 32, Pulitzer finalist status for his novel “John Henry Days,” and a myriad of awards for young authors, including the Young Lions Fiction Award, the Anisfield-Wolf Book Award, and a Whiting Writers Award. However, for all the attention paid to him within the world of letters, here at Harvard, he might as well be the man Ralph Ellison’s title refers to. As a Harvard undergraduate, Whitehead did not call attention to himself. As he admitted...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Colson Whitehead '91 | 4/16/2009 | See Source »

...He’s garnered plaudits of all kinds: a MacArthur Genius grant at age 32, Pulitzer finalist status for his novel “John Henry Days,” and a myriad of awards for young authors, including the Young Lions Fiction Award, the Anisfield-Wolf Book Award, and a Whiting Writers Award. However, for all the attention paid to him within the world of letters, here at Harvard, he might as well be the man Ralph Ellison’s title refers to. As a Harvard undergraduate, Whitehead did not call attention to himself. As he admitted...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Colson Whitehead ’91 | 4/15/2009 | See Source »

...specific policy solutions beyond these acknowledgements, saying the imbalances and the resulting distorting effects on currency exchange rates should have been a central agenda item at the G-20. "Unless and until surplus countries recognize that this cannot continue, no durable escape from the crisis will be achieved," Martin Wolf, author of Fixing Global Finance and the Financial Times' economics columnist, wrote in Wednesday's edition. "Understandably, but foolishly, they are unwilling to do so." But as Wednesday showed, the issue is not entirely unnoticed by senior leaders. The elephant in the room, after all, is large, threatening and unlikely...

Author: /time Magazine | Title: The G-20's Hidden Issue: A Global Trade Imbalance | 4/1/2009 | See Source »

...anything can happen in this economic environment,” Wolf said, adding that the state’s $1.1 billion budget deficit is expanding. “Everything is up for grabs because we have such a serious condition...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Bio-Research Funding May Drop | 3/12/2009 | See Source »

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