Sentences with phrase «because of these balanced budget»

Because of these balanced budget requirements, states can not borrow to fund current services.

Not exact matches

The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.
Minister Flaherty's commitment to balance the budget in 2015 - 16 is seriously at risk because of this adjustment.
According to Oliver's statement the government has an «unwavering commitment to balance the budget», but right now, because of lower oil prices, no one believes that Oliver can do it without some «voo doo» budget magic.
Furthermore, Ryan's death check list AKA the Ryan Plan is actually a 28 year projection not the 10 year projection they are using in the discussions... The reason they are using a 10 year projection is because Obama's plan is a 10 year projection that would balance the budget, Romney / Ryan plan is a 28 year projection that would double the deficit in 10 years, and as people die off between years 10 and 28, and we have a theoretical unprecedented growth of the economy it would break even at the end of year 28... Go look it up for yourself... Then
The jolt in demand for government - subsidized meals comes as many school programs are struggling to balance their food service budgets because of higher costs and a decline in paying customers, school nutrition advocates said.
And their half baked schemes to bring a bloated budget into balance because of years of bad decisions that Davey sat on the side lines watching are setting the groundwork to ruin the state.
In releasing his 2015 tax payments, Faso — who built a reputation in the state Assembly as a fiscal hawk because he cut spending and balanced budgets — wants residents to know that he understands the burden of property taxes and is committed to reform.
«I'm comfortable with the budget that's passed because even now if the budget slips out of balance, we can use the same contingency formula to cover that hole,» Paterson told WOR's John Gambling.
someone that refuses to sign a budget because it isn't balanced looks more reasonable than someone that refuses to sign a budget because he wasn't given the level of deficit spending that was requested or expected.
In particular, many Westchester voters (those suburban voters that Cuomo so eagerly courts) noticed because they went unrepresented in budget negotiations, and their empty Senate seat could have tipped the balance of the upper chamber to the Democrats.
That could happen here, too, because the people are sick and tired of bearing the brunt of balancing the budget
House Republican Leader Themis Klarides of Derby, who opposes any tax increases to balance the budget, said increasing the income tax on the wealthy would not solve the problem because it provides only a portion of the projected $ 3.5 billion deficit.
«If (the Budget Division's) position is that the city of Albany shouldn't be building up a fund balance, and this aid isn't fair because of that, we disagree,» said Brian Shea, Mayor Kathy Sheehan's chief of staff.
«I just want to see balanced budget passed, and I don't want to see it encumber the next administration because I'm leaving at the end of the year, or the next generation.»
At the center of the debate is whether the deficit is really $ 62 million or $ 80 million, except in Meyers» case, as he believes the deficit to actually be more than $ 80 million, and voted against the bond because he does not think his colleagues are serious about balancing the budget.
Because of the tough choices we made last year, we were able to balance this budget without broad cuts and with no new taxes, fees or borrowing.
Because districts» budgets have already been trimmed elsewhere in the past few years, many school boards now face the difficult decision of whether to lay off teachers in order to balance their books.
Education spending has still yet to recover from the Great Recession in many states.11 Because of state constitution balanced - budget provisions, when faced with significant federal funding cuts, states are forced to either further cut education programs or raise taxes.12 The idea of further raising taxes to backfill Trump's education funding cuts simply is not practical in states such as Maryland, 13 Illinois, 14 and New Jersey, 15 which are struggling to fund their current responsibilities.
Of those schools with balanced budgets, 38 per cent did because they had made cuts and carried over a surplus.
Firstly the ludicrous assertion by the head of the NASUWT that no school should be making redundancies because there's a huge unspent budget balance across all local authority maintained schools.
If this happens, it is common for ESFA to issue a Financial Notice to Improve because of the requirement to advance funds to bring the academy's budget into balance.
That budget is in such bad shape that in July the Civic Federation of Chicago, a good government group, opposed the new school budget for the first time in 5 years because the budget is structurally out of balance, meaning it uses gimmicks to make the numbers work and is unsustainable over the long term.
Governor David Patterson is vetoing 6,900 bills because the budget is out of balance.
Let's start at the state level, because most of them have to balance their budgets, and can't print money to help out.
We've put this card above the life - of - balance cards below because after crunching the numbers on balances up to # 7,500 (as larger limits are rarer), we found it's cheaper, even with the fee, as long as you budget to pay off your debt within four years.
Make a budget to pay off your debt by the end of the introductory period, because any remaining balance after that time will be subject to a regular credit card interest rate.
If the structural budget deficit is high, but less than interest payments, the odds of a default rise considerably, because if they cease paying the interest, the budget is balanced.
Because they don't have a printing press, and most of them have to balance their budgets, they are a better read o...
This sensitivity estimate is not the last word on the subject, because of uncertainties in the approximate formulae used to compute the terms in the energy balance, and neglect of possible effects of water vapor feedback on the surface budget.
Because we understand the energy balance of our Earth, we also know that global warming is caused by greenhouse gases — which have caused the largest imbalance in the radiative energy budget over the last century.
Both these budgets are kept in balance because the rate of cooling increases as the temperature does.
In fact there may be no such thing as any specific temperature of the air attributable to any particular greenhouse gas or other characteristic of the air because the weather systems always strive to keep the energy budget of the air balanced.
If just 1 % or even just half a percent of DWLWIR never reaches the oceans because it is blocked by very fine water droplets of spray and spume and is carried upwards into the atmosphere (rather than reconnecting with the oceans), then long term (over millions of years) the gross energy budget falls out of balance.
Even with a large surplus and an annual provincial budget of $ 46 billion, the CBA has been told by the government there is no new money for legal aid, because each department must balance its own budget, says Shorten.
It was a by - product of previous debt — I couldn't just pay the complete balance every month because I hadn't budgeted for it.
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