Sentence examples for slashed endowments from inspiring English sources
Government support is being slashed, endowments and charitable giving are down, debts are piling up, expenses are rising and some schools are selling their product for two-thirds of what it costs to produce it.
In 2011, for example, the Republican presidential hopeful Mitt Romney pledged to slash the endowments' financing, while the Alaska governor and former vice presidential candidate Sarah Palin labeled them "frivolous," and called for them to be put on "the chopping block".
Yesterday's announcement was part of a triple whammy of bad news for the insurer's with-profits policyholders, and comes little more than two months after the Edinburgh-based firm slashed payouts on endowment and pension policies for the second time this year.
Several years ago, its staff was cut from 170 to 70 and spending was slashed in half after its endowment plunged amid the economic slowdown.
Facing another rebellion, the House Appropriations Committee on Wednesday set aside the formal drafting of an interior and environmental program spending bill that would have cut the Environmental Protection Agency's budget to $5.5 billion from $8.3 billion, slashed clean-water grants by 83 percent, and cut the national endowments for the arts and humanities by 49 percent.
No wonder that public funding of state universities is being slashed in many states or that last year Congress agreed to tax the earnings on the endowments of some universities.
In the early 1990s, the city slashed by a third its contributions to these groups at the same time that their endowments were being gauged by recession.
Below we give details about one fairly typical policyholder whose endowment is due to mature in 13 years' time and whose payment under the promise looks set to be slashed from £13,200 to just £5,280.
Someone slashed his tires.
His fingers were slashed.
