Word: budgeting
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...infighting led the finance minister to resign last month, complaining that he had become "a hostage to politics." The lack of unity on the budget also led the International Monetary Fund (IMF) to delay disbursement of the second installment of a $16.4 billion loan, sorely needed to shore up banks and the wobbling currency...
Over 150 workers, union activists, students, and faculty members gathered outside the Holyoke center yesterday to protest potential layoffs due to University budget cuts...
University-wide budget cuts, due to a predicted drop-off in endowment value, have prompted the creation of early retirement packages, and 1600 workers are currently eligible. Administrators estimate a 30 percent fall in endowment value by the end of the fiscal year...
...many observers agree, never the best use of taxpayer money. And now, with so many states facing major budget crises, it looks like it won't continue at the same pace much longer. California's prisons are so overcrowded and underfunded that a federal judge recently ruled that the state must release roughly a third of its 158,000 prisoners by 2012. The New York State legislature is close to scrapping the draconian Rockefeller drug laws that, by imposing mandatory sentences rather than rehab treatment, have kept many otherwise law-abiding drug users in prison for years. Other states, such...
This potential flood of ex-convicts re-entering society, on top of the more than 700,000 inmates who return each year, poses major challenges for government agencies and nonprofit organizations struggling with budget crises. Even without the expected surge of prisoners coming home, their efforts haven't proved particularly successful at stopping the revolving door of recidivism. Until recently, "most people got 50 bucks, a bus ticket and let out the door without any preparation - they land back in their old neighborhoods at four in the morning where there's drugs - so what would we expect in terms...