Word: budgeting
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...unsustainable fiction about the rate of economic growth stands between the validity of the entire program to right the American economy. And, the authors of this grand plan are not likely to change it no matter how much evidence is available to disprove it. The creators of this budget seem to believe that the American citizen is incapable of understanding that the financial prospects of the next year have worsened considerably since the budget was formulated...
...June. University President Drew G. Faust also forecasted a similarly significant endowment drop of roughly 30 percent by the end of this academic year. Still, Suzy M. Nelson, the associate dean of residential life, said that the need for House renewal will take precedence—even amid sweeping budget cuts. Nelson reiterated the College’s commitment to the “ambitious” renewal plan, calling it a priority and echoing sentiments expressed by Faust, Dean of the Faculty of Arts and Sciences Michael D. Smith, and College Dean Evelynn M. Hammonds in a December Crimson...
...hope that Carter’s nomination signals a major change in the Defense Department’s procurement policy. The selection of Dr. Carter is especially wise given the acute economic crisis. In January, President Obama inherited an inefficient national-security apparatus that has become accustomed to bloated budgets and continual cost overruns; last year, the Pentagon spent $104.3 billion on weapons procurement alone. This staggering sum, however, represented less than one-fifth of the Defense Department’s total budget of more than $515 billion. Since President Obama has made cutting the massive federal deficit a major...
Funding for the seed grants comes from a combination of central administration and science school resources. And with a projected 30 percent decline in the University’s endowment value for the year ending June 30, Harvard administrators bracing themselves for severe budget cuts in the next fiscal year have decided not to fund an additional round of grants during the current academic year...
...guiding a deep-red heartland state vaulted her onto the short list of candidates for the vice-presidential nomination last summer. Though she is widely respected for her administrative skills and bipartisan maneuvering, she is also a Washington newcomer who must navigate a sprawling 65,000-employee bureaucracy facing budget woes and reeling from recent food safety scandals. Sebelius would become one of Obama's point people on the effort to reshape the U.S. health-care system, but she may first be forced to weather a confirmation fight over her support for abortion rights...