Word: budgets
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Dates: during 2000-2009
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...which, critics say, may be politically popular but are unlikely to make an economic impact. Muttukrishna Sarvananthan, principal researcher at the Point Pedro Institute of Development, notes that Rajapaksa has so far failed to explain how he will generate enough growth to sustain Sri Lanka's $2 billion military budget, an amount almost equal to remittances sent home by Sri Lankans working abroad, or pay for the massive infrastructure needs of the north. "It's a lot of talk, but not much is happening," he says. (See pictures of the deadly attack on Sri Lankan cricketers...
Booker staunchly defends the salaries. "I stand by any personnel decision I've made," he says. He points to a reduction of Newark's budget deficit, from $180 million to $73 million, according to the city, as a healthy return on his talent investments. A more professional and efficient city hall has helped Newark collect an extra $10 million in property taxes this year in spite of the foreclosure crisis. Further, Booker has proposed a 2% pay cut for all non-police and non-firefighter employees making more than $100,000 and is pushing for mandatory furloughs...
California is a state in crisis. Negotiations to resolve its $26.3 billion budget deficit are weeks behind deadline, more than $470 million worth of IOUs are clogging government ledgers and its state bonds are trading at near junk status. It's been a long, slow tumble from the Golden State's glamorous peak in the 1960s--when Governor Pat Brown built an efficient network of freeways and thriving, affordable public universities--to today's insolvent government beset by an unwieldy constitution and decades of mistakes...
Blackburn, Rep. Marsha • virtue of balanced budget legislation is overenthusiastically - "We're not going to cry 'emergency' every time we have a Katrina" - extolled...
...Talabani-Barzani alliance has been accused of hoarding the money directed to Kurdistan from both outside investment and Baghdad; critics have also charged it with nepotism, alleging that key political and administrative positions have been handed over to kinfolk or party stalwarts; opponents also say that the budget process lacks transparency. "It's these ideas," says Rebwar Karim Mahmood, a political-science professor at Suleimaniya University, "that opposition parties and groups are using to campaign in the elections." This month KRG prime minister Nechirvan Barzani (Massoud's nephew) launched a process to improve government openness. Qubad Talabani (Jalal...