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about something under 1 billion, like 3 quarters of 1 billion.
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So now, how much does that mean reduction in every year?
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Well, if Yale's going to spend the same amount every year that
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means it should be spending 5 percent of 772 less every year.
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That's 38.6 million dollars less every year.
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So that's a drastically smaller number than 100 million dollars a year.
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It's crazy just to think that because you've got these
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expenditures for 10 years and then no expenditures after that,
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that you should cut the budget by a 100 million and then let it
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go up after 10 years.
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So you'd only need to cut it by 38 million.
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Now, by the way, 5 percent is a pretty arbitrary number.