Word: budgeting
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...most perilous assumption about driving down the budget deficit is that, if the number of people out of work over the next two years moves up to the level where unemployment stays above 10% for any period of time, tax revenue into the Treasury will be so badly impaired that cutting costs in some large programs will not be able to make up for it. (See pictures of the Top 10 scared traders...
...American economy. The financial crisis of last October has spiraled into a cataclysmic near-total collapse, with official unemployment figures spiking at 7.6 percent this month. President Obama has already made plans to resuscitate the economy through a massive stimulus package while somehow reducing the largest peacetime budget deficit in American history...
...result, it is likely that unrestricted funds—of which tuition is a major component—will make up a larger percentage of FAS’s overall budget...
...Tuition, currently FAS’s second largest source of revenue, providing 20 percent of its income, will come to account for a greater percentage of a reduced budget, as the endowment and alumni donations plunge...
When Florida legislators recently struggled to balance the battered state budget, they decided to plug holes with $190 million from a $300 million affordable-housing trust fund. After all, why should a cash-strapped state shell out money for new home construction when there are tons of vacant homes just waiting to be snapped up? One of the few benefits of a housing crash, theoretically at least, is supposed to be that home buyers who were previously priced out of the market might finally be able to afford a place of their...