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.