March 4, 2010

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The Chronicle T h e i n d e p e n d e n t d a i ly at D u k e U n i v e r s i t y

THURSDAY, MARCH 4, 2010

City Council looks to close $13M deficit Property taxes likely to increase by 4%

ONE HUNDRED AND FIFTH YEAR, Issue 108

www.dukechronicle.com

UMD 79

72 DUKE

Vasquez gets the last laugh by Archith Ramkumar THE CHRONICLE

by Caitlin Johnson THE CHRONICLE

The city of Durham’s 2010-2011 fiscal year’s budget will likely shift gears from focusing on cutting costs to increasing revenue. At this stage of the budget process, having completed two preliminary meetings with the City Council and remaining in conversation with citizens during his “Coffee with Council” sessions, City Manager Tom Bonfield said it is too early to determine which programs will be cut, but noted that the city will need to prioriTom Bonfield tize its services to close its nearly $13 million budget gap. “We are in better shape than last year, when we faced a $40 million budget gap,” Bonfield said. “But we have fewer and fewer options to cut without having significant consequences.” The city will work toward decreasing expenditures before looking to increase revenues. Nonetheless, property taxes are expected to increase, as they make up the largest source of income that can be changed without special legislation. Increasing the tax rate by 5.8 cents per $100 of assessed property value would make up for the entire deficit, and represent a nearly 11 percent increase over current See deficit on page 5

michael naclerio/The Chronicle

Facial hair notwithstanding, Maryland senior Greivis Vasquez played an efficient game Wednesday against Duke and hit the biggest shot of the night, a tough runner that sealed the win for the Terrapins.

COLLEGE PARK, Md. — With less than a minute left and Maryland leading No. 4 Duke 71-69 in a contest that will go a long way in deciding the regular season ACC championship, the Terrapins put the ball in the hands of their senior general, Greivis Vasquez. The guard took the ball at the top of the key and dribbled into the lane, throwing up an off-balance shot across his body with 37 seconds showing on the clock. The shot dropped through the net, sending the Comcast Center into a frenzy. On the other end, Duke’s Jon Scheyer missed a tough one inside, and after several free throws, No. 22 Maryland (22-7, 12-3 in the ACC) secured a 79-72 win over the Blue Devils (25-5, 12-3), prompting a swarm of students wearing “Gold Rush” shirts to storm the court and nearby Baltimore Avenue, sparking a riot that featured helicopters, a SWAT team and riot police. “It was a heck of game. I thought both teams played their hearts out,” head coach Mike Krzyzewski said. “They are to be congratulated—they are playing lights-out basketball, but I thought both teams played really hard. I don’t think one team played better than the other. It was a one-possession game and they won.” While the game featured an exciting end to a back-and-forth second half, in the early stages of the game, it looked like Duke was going to get run out of the gym. The Terrapins opened the game on a 7-0 run, with Vasquez accounting for five of those points. After a Brian Zoubek tip-in, See maryland on page 8

UNC prez Bowles will lead initiative to close U.S. deficit by Paul Horak THE CHRONICLE

With the United States facing its largest deficit since the second World War, President Barack Obama has called on Erskine Bowles to head a national commission to tackle the country’s greatest economic burden. Obama announced Feb. 18 that Bowles, the current president of the University of North Carolina system and former chief of staff under Bill Clinton, will co-chair the bipartisan National Commission on Fiscal Responsibility and Reform. Along with former Sen. Alan Simpson, R-Wyo., Erskine Bowles

Bowles will lead the 18-member panel to draft a report to reduce the deficit by 2015. Bowles will retire from his UNC presidency at the end of the year. “Recommendations are a long way from reality, and we will have to put some hard decisions in front of the American public,” Bowles said. To contain the nation’s debt, spending must be cut and revenues increased, Bowles noted. He added that because entitlement programs like Medicare, Medicaid and Social Security exceed national revenue, the country must borrow funds for military and education expenses, as well as all other costs. “This is something I worked hard on my first time in Washington, and I am committed to restoring fiscal responsibility to this country,” Bowles said.

As chief of staff during the end of Clinton’s second term, Bowles presided over a budget surplus caused by increased taxing and decreased government spending. And in his time at the helm of UNC, Bowles sought to bring fiscal responsibility to a rapidly expanding school system. “I think he was the right person at the right time for the university system,” said Hannah Gage, chair of the UNC Board of Governors, which appointed Bowles to presidency almost five years ago. “He came in after a period of rapid growth when we needed to get the house in order and got us operating like a business when every dollar mattered.”

ONTHERECORD

Locals discuss Obama’s high speed rail grant, Page 3

“This is a perception within Campus Council that we are attacking you guys any time we address a housing initiative.” ­—DSG President Awa Nur on collaborating with CC. See story page 4

See bowles on page 6

Hip-hop mogul 9th Wonder enters the classroom, RECESS 5


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