Word: budgeting
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Such a rebound will be welcomed by the Irish government. Thanks to the fall in tax receipts caused by the housing-market collapse, Ireland's budget deficit is forecast to hit 5.5% of GDP this year - well beyond the 3% limit imposed by Brussels. That has left Dublin little room to spend its way out of trouble, a fact made clear when Finance Minister Lenihan announced a slew of tax hikes and spending cuts...
...Governator's case, gay marriage. But Lenkowsky, who headed the Corporation for National and Community Service partnership under President Bush, says it would be wrong to assume that chief execs like Daniels aren't acting "from the standpoint of conservative principles." For Daniels, who was President Bush's budget director before becoming Indiana's governor in 2005 - and who erroneously argued that the Iraq war wouldn't become a crippling U.S. expense - "the big concerns still include reducing the size of the budget, taxes, his privatization of the [Indiana toll road] system," says Lenkowsky. What sets these GOP leaders apart...
...Because each school is funded through different mixes of the three income streams, Faust said that University leaders will tailor solutions to the individual schools. The Faculty of Arts and Sciences, for example, receives a substantial portion of its budget from the University endowment income, whereas the Harvard School of Public Health depends heavily on sponsored research grants...
...these difficult times, keep our eye on this priority and make choices that continue to enable us to advance our highest priorities University-wide and in individual schools,” Faust said, adding that hiking up the tuition is not a solution to closing the gaps in the budget...
...Additionally, Faust warned that the University, one of the largest employers in Massachusetts, will be evaluating its payroll. Compensation costs currently account for almost half of the University’s budget...