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...Central Artery’s environmental impact. In an independent report released in 2002, the Pioneer Institute for Public Policy Research estimated that these mitigation efforts alone would cost the MBTA over $3 billion. And although the bill for the Big Dig is currently estimated at $14.6 billion??significantly more than the current MBTA debt—T fares have continued to increase faster than tolls...
...global scale, the total cost of all trade barriers imposed by rich countries actually cost developing countries $100 billion??more than twice all development aid. Simultaneously, rich countries including the U.S. subsidize their farmers on the order of $350 billion dollars a year—approximately 15 times the amount that the Food and Agriculture organization estimates is necessary to halve the world’s population of hungry people by 2015, and about 10 times what Jeffrey D. Sachs suggests is necessary to eliminate the extra burden of disease in the developing world...
With a budget deficit estimated to set a new record—to the tune of $300 billion??Bush remains stubbornly fixated on pleasing the wealthy. The President’s overly simplistic economic arguments called for a 10-year, $674 billion tax-cut plan that he believes will stimulate the economy. A central focus of his new tax cuts to bolster growth is the elimination of taxes on stock dividends paid to investors. But because stock owners are disproportionally wealthy, under this new proposal, the richest one percent of Americans would be granted more tax relief than...
Lewis told the audience that United Nations Secretary-General Kofi Annan asked last year for the nations of the world to contribute to a fund that would be allocated to fighting AIDS, tuberculosis and malaria. Annan appealed especially to wealthy nations, asking for a minimum of $10 billion??but since then only about $2.1 billion has come in, Lewis said...
...people both accountable and responsible.” An increasing number of opponents, though, believe that this policy leaves some of Harvard’s schools in danger. Critics often mention that FAS and the Graduate School of Arts and Sciences have a combined endowment of nearly $8 billion??a sum that exceeds the total endowment of all but four universities—while the School of Education and Design School only have access to endowments of under $500 million...