A career television executive and popular leader, when director-general of the BBC he successfully slashed administration costs before his controversial departure after the Hutton Inquiry in 2004.
In February, when Mayor Michael R. Bloomberg first announced his plan to cut $354 million, about 3percentt, from the school system's $11.5 billion budget, Mr. Levy said he would try to protect classrooms from the cuts while slashing administration as much as possible.
It caps the proportion of insurers' revenue that may go to profits and administration, slashes government payments to hospitals and asks doctors, who have profited from heaping treatments on patients, to start keeping them well instead.
On Tuesday, the committee introduced a new agriculture spending bill that slashes the administration's request for the Commodity Futures Trading Commission by 41 percent as the agency gears up to begin regulation of the $300 trillion swaps market, assigned it by the Dodd-Frank Wall Street regulatory law.
It is good news that Jeremy Hunt is planning to slash 50% of administration costs at the Department for Culture, Media and Sport (DCMS), but this won't stop people in the arts and cultural world worrying.
That timeline closely corresponds to the heyday of abstinence-only sex ed, which started getting federal funding as part of the 1996 Welfare Reform Act and turned into a billion industry under the George W. Bush administration before the Obama administration slashed abstinence spending in 2009.
He once reportedly declared that his administration would slash bureaucracy with the zeal of a brave man cutting his own wrist.
Last week, Donald Trump's space policy advisor Bob Walker made headlines by suggesting that the incoming administration might slash Nasa's climate and earth science research to focus the agency on deep space exploration.
Much like the low-end manufacturing models that were the drivers of regional economic growth, there has been a push to slash the sort of administration and salary expenditures that cause concern to many western donors.
WASHINGTON — Despite the huge sums the federal government is spending to aid banks and stimulate the economy, President Obama said on Monday that his administration will slash the federal budget deficit, in part by ending the "casual dishonesty" that has accompanied Washington budgets of late.
Cheney also says the Bush administration will slash next year's federal deficit roughly in half in the next five years.
