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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: budget cuts

budget cuts stories: 18 news summaries

(Newser) - The leader of California's Senate says he'll take Gov. Arnold Schwarzenegger to court for using line-item vetoes to slash another $500 million from the budget deal he was sent last week, the San Francisco Chronicle reports. Democrat Darrell Steinberg accuses Schwarzenegger of overstepping his authority by making the cuts. "... More »

 LA Braces for Jackson Masses 

City, hard-up for cash, also concerned about costs

(Newser) - Now that Michael Jackson’s memorial has a time and place, cash-strapped Los Angeles must move on to the next problems: Where to put tens of thousands of mourners, and how to pay for it. “If you can imagine 100,000 people show up and you have 20,000... More »

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entertainment California Los Angeles celebrity memorial Michael Jackson budget cuts celebrity death

(Newser) - Take that, Bristol. The Obama administration seeks to cut most federal funding for abstinence-only sex education programs, the Wall Street Journal reports. Obama's proposed budget for 2010 would scrap two programs that fund abstinence education—with $145 million—and replace them with a $160 million initiative that funnels 75%... More »

ANALYSIS
(Newser) - President Obama said today proposed budget cuts are “not a criticism of” federal workers. Still, they take a toll, from defense to education. The Washington Post takes a look at what’s being trimmed:
  • Anthrax vaccine research: The administration says the goals of the program have been
... More »

(Newser) - President Obama’s vow to scour the federal budget for savings hasn’t amounted to as much as many hoped, the Washington Post reports. The administration will today announce $17 billion in proposed cuts to 121 programs, a sliver of the $3.4 trillion budget. “Even if you... More »

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Barack Obama budget budget cuts budget deficit Obama administration

 Obama to Cabinet:  
 Cut $100M From Budgets 

Move comes amid pressure to slice deficit

(Newser) - Facing pressure over spending, President Obama will unite his Cabinet today for the first time and ask members to find $100 million worth of potential budget cuts over the next 90 days, the Washington Post reports. Though it’s a tiny sum compared to a $3.5 trillion budget outline,... More »

Post Office Will Stop Wilderness Deliveries

Remote Idaho area too expensive to get to; residents are at a loss

(Newser) - Neither rain nor sleet nor snow ... but remote location will keep the US Postal Service from delivering mail to the Idaho wilderness starting June 30, NPR reports. Faced with a $6 billion deficit, the mail carrier is cutting back across the board, and that includes the last airstrip service in... More »

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Idaho budget cuts wilderness USPS financial crisis recession depression mail plane

(Newser) - Executive producers of Sarah Silverman’s Comedy Central series are threatening to can the third season due to budget cuts, according to the Hollywood Reporter. The network slashed the budget by more than 20%, and producers—including Silverman—aren’t sure the show’s integrity can be maintained at $850,... More »

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television recession Comedy Central Sarah Silverman budget cuts economy TV series

Iraqi Women's Minister Resigns in Protest

Budget cuts rob her
of resources to help 'army of widows'

(AP) - Iraq's state minister for women's affairs has quit to protest a lack of resources for a daunting task—improving the lives of "a full army of widows" and other women left poor or abandoned by war. Nawal al-Samarraie told the AP how her office's budget was so tight that... More »

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Iraq War on Terror budget cuts Iraqi government Iraqi women

 NH Suspends Jury 
 Trials to Stave Off Layoffs

Savings will prevent courthouse layoffs

(Newser) - As the economy hammers its budget, New Hampshire’s court system is taking the drastic measure of suspending all jury trials for a month, the New York Times reports. The blackout, expected early next year, will save the state roughly $73,000 in $10-per-half-day juror stipends, enough to stave... More »

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New Hampshire jury jury duty budget cuts state governments budget shortfall

Harvard Endowment Drops $8B in Steepest Loss Ever

Endowment's record plunge threatens school operations

(Newser) - Harvard, the world's richest university, saw its endowment plunge 22% between June and October of this year, the worst loss in its history, the Boston Globe reports. Revenue generated by the endowment, which fell by $8 billion, pays for 35% of the school's operation, and Harvard president Drew Faust expects... More »

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Ivy League higher education college Harvard budget cuts endowment financial crisis interest revenue hiring freeze

Soaps Slip on Auto Ad Woes;
Even Lucci Takes Pay Cut

Dramas cut budgets amid fears of lost advertising

(Newser) - Trouble in the auto industry is causing drama for daytime TV as soaps lose big advertising dollars, Advertising Age reports. Local dealerships are key backers of the shows, which have been in a ratings decline for years. The upshot: trimmed budgets, fewer sets, and dropped actors, including a pair of... More »

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television soap operas auto industry budget cuts television advertising

OPINION

Want to Save Detroit?
End the Iraq War

People are dying, and more importantly, money is being lost

(Newser) - You don’t hear much about the Iraq war these days, though the US death toll hit 4,205 on Monday. If human life isn't a convincing enough reason to bow out, writes Roger Simon in Politico, then here's one that "really is upsetting people these days: money."... More »

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Iraq auto industry Big Three budget cuts bailout Iraq exit strategy

More Riders, Pricier Fuel Stress Out Transit Agencies

Diesel expenses eat up shrinking budgets even as commuters abandon cars

(Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled... More »

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subway budget public transportation budget cuts sales tax buses tax revenue fuel costs

 $4M NASA Cut May Strand 
 Mars Rover  

Shrinking budget could also leave 300 jobless

(Newser) - NASA confirmed and denied plans today to scuttle a Mars rover and fire 300 employees, CNN reports. The space agency first announced a $4 million cut to the Mars program's $20 million budget and vowed to unplug one of two rovers roaming the red planet. Then a NASA spokesman told... More »

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NASA space exploration Mars Opportunity Spirit rover budget cuts job cuts

Startups in Silicon Valley Tighten Belts

Many girding themselves against possible recession

(Newser) - Companies in Silicon Valley are slowing spending and stockpiling funds to prepare for a possible recession, with many startups raising safety-net cash from investors. Venture capitalists, who raised more funds last year than any year since 2001, continue investing, reports the Wall Street Journal, despite a recent survey that... More »

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Silicon Valley recession venture capital startup budget cuts Internet advertising

States Snatch Child Support

States are tracking down more deadbeat dads, but kids aren't  getting the money

(Newser) - States are getting better at making deadbeat dads cough up child support, but not much of the cash is getting to the kids, the New York Times reports. The money's been going to repay back welfare benefits instead. Almost half of states keep all the money; most others pass along... More »

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US states poverty child welfare budget cuts benefits

(Newser) - A massive funding shortfall at the British Broadcasting Corporation could trigger unprecedented job cuts, reports the Independent. As many as 2,800 people—about 12% of the BBC's labor force—could lose their jobs. Officials at the BBC, which is financed by a $270 license fee paid by viewers, project... More »

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BBC Mark Thompson budget cuts job cuts Planet Earth Panorama Top Gear Blue Peter Helen Ryan Gerry Morrissey inquiry

18 Stories