USPS Chief Warns Post Office Facing Cash Crunch
Postmaster General John Potter warned Congress that the U S Postal Service is running out of money this year without aid. He proposed five day delivery to save billions, retiree health care prepay cuts, and further cost reductions amid a $2.8 billion loss last year and expected large losses this year.
MENTIONED IN THIS ARTICLE
Washington
John Potter
Congress
Potter
House
Post Office
Postal Service
Oversight Post Office
Subcommittee
Stephen F. Lynch
D-Mass
Lynch
Dan Blair
Independent Postal Regulatory Commission
USPS
North Carolina stimulus could cost states billions in taxes
President Barack Obama told the nation’s governors in February that the states’ 229 billion share of the stimulus package will ensure that you don’t need to make cuts to essential services that Americans rely on.
MENTIONED IN THIS ARTICLE
North Carolina
Barack Obama
States face looming tax losses from federal stimulus
States may lose billions in revenue as they mirror federal tax code changes from the $787 billion stimulus package to ease taxpayer confusion. While the federal government offers aid in Medicaid and education, states risk reduced tax revenues amid fiscal crises, with totals yet unclear as states finalize spending.
KU Athletics releases sports master plan details
KU hosts a public session in the Kansas Union to discuss a sports master plan. Faculty leaders including Frank DeSalvo and Chancellor Hemenway will answer questions, with deadlines to NCAA as May 1 and October 12 for KU responses. An NCAA peer review in late October precedes a final decision by February 2010.
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KU Athletics
Kansas
Kansas Union
Frank DeSalvo
Robert Hemenway
Lew Perkins
Steve McCallister
Jerry Bailey
Institute For Educational Research and Public Service
NCAA
KU Athletics Self Study Draft Details department goals and budgets
Kansas University Athletics released a draft internal study with a 2006 facilities master plan for programs in men’s basketball and football, a top 25 baseball aim, top 10 volleyball goal, and 2001 to 2006 budget trends. It shows rising men’s basketball recruiting costs to 210,704 while football recruiting fell to 290,385, plus 2006 improvement plans to lift Academic Progress Rates above NCAA thresholds.
MENTIONED IN THIS ARTICLE
Kansas University Athletics Department
Ljworld.com
Lawmakers clash over budget cuts threaten education
Lawmakers in conference committee work to shield education as they reconcile House and Senate proposals. Senate pushes about 6.8 to 12 percent cuts to higher education, while the House seeks roughly 8 percent. KU officials warn that double-digit cuts would damage mission, cause layoffs and larger class sizes.
MENTIONED IN THIS ARTICLE
House
Senate
Jay Emler
R Lindsborg
Ways and Means
Kansas Board of Regents
Kansas University
Robert Hemenway
KU Alumni Association
Kevin Corbett
Hemenway
Corbett
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