Word: overhead
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...what we have spent has contributed to genuine and lasting progress," said Secretary of State Hilary Clinton in a July 15 speech at the Council on Foreign Relations. "Too much of the money has never reached its intended target but stayed here in America to pay salaries or fund overhead in contracts." Ironically perhaps, one of the best things Clinton can do is to rebuild and finally install new leadership at USAID so it has a better chance of being able to handle all the money that's about to flow to crucial places like Pakistan...
...rule on Oct. 1 marks a more serious side to the rise of the People's Republic. Some 5,000 military personnel and 108 missile trucks - including several carrying ICBMs capable of hitting Washington - proceeded with pomp down Beijing's central avenues as more than 150 fighter aircraft soared overhead. And to make sure the heavens don't rain on their parade, the Chinese will scramble a fleet of fog-dispersing aircraft to intercept storm clouds. The event "will embody China's economic and technological progress," said Gao Jianguo, a Chinese military spokesman, in an interview with the state news...
Because Wellesley contracts a private company to run their food services, the university saves on overhead costs such as health and benefits packages for chefs and culinary administrators. Perry said that she believes this gives the school greater budgetary flexibility...
...Game Tanks arrived. when helicopters began circling overhead, it looked as if the reformist rebellion was over. But then the choppers landed, and out came airmen waving white flags and giving the L sign for laban (fight), a symbol of the opposition. The crowd, realizing that the air force was now defecting, went wild...
...janitors in July—a move that FAS officials say will help cut costs while avoiding layoffs, but union representatives say will devastate worker living standards.According to an Aug. 10 announcement on the FAS Planning Web site, FAS cut 5 percent of its custodial costs by reducing overhead expenses, negotiating lower rates for cleaning supplies, eliminating non-emergency overtime, and reducing work hours for janitors. The site said that most custodians would not see their hours reduced, and that a typical schedule reduction for those affected would be from 40 hours per week to 35 hours per week...