Word: budgeting
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...California WHERE THERE'S SMOKE Wildfires fueled by gusting Santa Ana winds burned at least 27,000 acres (11,000 hectares) in Southern California, forcing thousands from their homes. Despite the state's budget woes, Governor Arnold Schwarzenegger, who declared states of emergency in two counties on Oct. 14, assured residents in a press conference, "We always get the money somehow to fight the fires...
Littlebear, 68, has a doctorate in education from Boston University and is fluent in Cheyenne; he teaches evening courses in it. He refers to tribal colleges as "underfunded miracles." With a meager $4.9 million budget provided mostly by the Federal Government, his school operates on a thin shoestring indeed. But Chief Dull Knife College perseveres, holding out hope for a new generation of Northern Cheyennes. More than half its graduates now go on to four-year schools. One of them is Jennifer Wooden Legs, 29, daughter of the college-board chairman, whose academic career was postponed by five horrific years...
...weeks, Paulson had held off on direct investment, preferring instead to use the $700 billion Troubled Asset Relief Program (TARP), passed by Congress on its second go-round, to buy toxic mortgage-related assets from the banks. The bank bailout will be funded out of that budget, and the Treasury still plans to start buying troubled assets in the next month or so. But that wasn't soon enough for worried investors or for Fed Chairman Ben Bernanke, who according to inside reports had been advocating for a recapitalization for months. Money flowed out of the stock market, including that...
...have money on the table." Both presidential candidates have proposed economic-stimulus packages on top of the $168 billion stimulus Congress passed in early February. At some point, of course, the next President will have to either rein in that spending or raise taxes--or risk a historic budget deficit...
Riley: [I would add] Reagan's survival of [an] assassination attempt, which had a profound effect on budget policy at that time, because Reagan was foundering a little bit during the early phase of his presidency ... He'd come out of an election--he had won an election that was closer than the score indicated ... but his grace literally under fire in that event, joking to the doctors as he was going under, and his recovery, I think, is a very good illustration of how, in an extreme set of circumstances, one's temperament can have an influence on politics...