Word: budgeting
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...Harvard received $329 million in grants from the National Institutes of Health (NIH), the largest source of federal funding for research. Over the past eight years, the Bush administration has repeatedly tightened the purse strings of the NIH; today only one in every four grant application is funded. Federal budget constraints will continue to tighten in the next few years, even if the credit markets begin to thaw. As the stock market continues to fall and central banks race to cut interest rates, the future of all institutions, especially nonprofits, is hazy. Because of this, Harvard needs philanthropy?...
...Harvard Square, said she sympathizes with Reddick. “This downturn of the economy has hit working people particularly hard,” said Wolf. In order to combat this epic rise in homelessness, Wolf has lobbied for appropriations for the homeless. This fiscal year’s budget includes $10 million for temporary supportive housing and the organization Housing First. “We’re looking for long-term solutions. We want to end the cycle of inadequate funding,” said Wolf. “In this way, we won’t need...
...show King of the Hill, says her extended family is considering limiting all Christmas gifts to $25 and may skip presents for adults. "While the financial crisis has not hit me personally, I am concerned," says the Burbank, Calif., single mother. "I am definitely trying to follow a budget for the first time and rein in spending...
...recent success on the state level can mostly be attributed to the colossal incompetence of Virginia’s Republican Party, which bungled its way into grotesque budget deficits and finally turned all sensible people off with its theological crusade against the very existence of government—except, of course, for the biennial gesture of a gay-marriage referendum and legislation that would force black hooligans to pull up their pants (I’m not kidding). Even Bible-thumping racists realized that the need for roads and schools superseded these otherwise noble causes...
...However, bearish traders should consider the alternatives. Despite budget-deficit restrictions and other rules applied to government members of the euro zone - and their often petulant submission to the European Central Bank 's currency and monetary policies - there is precious little to build on toward a harmonization of the E.U.'s finance sector. Regulation of banks and credit groups is still handled on the national level, and even national banks of euro-zone countries still have some decision-making power. Given that disunity, governments have little option beyond national action to stave off company meltdowns and any broader temptation...