Sentences with phrase «budget a freeze of»

George Osborne announced in yesterday's Budget a freeze of working - age benefits, tax credits and local housing allowance until 2020.

Not exact matches

We've seen that before: The bill that averted a debt - ceiling crisis earlier this year — by temporarily suspending the borrowing limit — would have frozen Congressional pay if the House or Senate had failed to pass a budget by April 15 (lawmakers would have received their salaries anyway at the end of the current legislature).

British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.

She cut spending in the budgets to below the levels of inflation plus population, strong - armed teachers and doctors into taking wage freezes.

The forecast also reflects the ongoing impacts of measures announced in the 2012 Budget to freeze the Business Education Tax reduction plan.

This component includes transfer payments, excluding the major transfers to persons and other levels of government, the amortization of capital assets, expenses subject to freeze, as set out in the March 2010 Budget, and other expenses.

But on spending, they're unwilling to go farther than they have so far, with measures to freeze civil service managers» pay, target a few Crown agency executive packages and find ill - defined savings worth 0.3 per cent of the current budget.

In the 2014 budget, it was clear that even with the freezing of the EI rate at $ 1.88, excess EI revenues would account for much of the projected surpluses and that the EI premium rate would have to be reduced significantly in 2017.

The economy would have been thrown into a much deeper and longer recession than actually occurred; a temporary stimulus program would not have been permitted; departmental operating budgets would have been frozen beginning in 2009 - 10 and continuing to long past 2015 - 16; the salaries of all Cabinet Ministers and Deputy Ministers would have been frozen beginning in 2009 and lasting long past 2015.

Most of this is to be achieved through freezes on operating budgets and cuts to defence and international assistance.

At a minimum, such a plan must include a freeze on the salaries of the Prime Minister, all Ministers and Deputy Ministers and a requirement that any public service salary increases be absorbed in Departmental operating budgets.

In addition, the New Deomcratics do not include the various initiatives affecting Employment Insurance Benefits as a Use of Funds and the freezing of Employment Insurance premium rates at $ 1.88 per $ 100 of insurable earnings rather than letting them fall to $ 1.49, as specified in the April 2015 Budget, as a Source of Funds.

Budget 2010 froze departmental operating budgets for two years, forced departments to absorb the 1.5 % increase in annual wages and salaries for 2010 - 11, and reduced the rate of growth in defence spending.

If the deficit is due to an economic recession, defined as two consecutive quarters of negative growth in real gross domestic product, or to «extraordinary events», such as a natural disaster or war, that results in an «cost» of more than $ 3 billion, then the operating budgets of departments and agencies would be automatically frozen to pay for any wage increases.

The commitment in Budget 2011 to undertake a Strategic Operating Review to find $ 4 billion in annual savings followed the Budget 2010 initiatives which restrained growth in national defence spending, capped funding of the International Assistance Envelope, forced departments to absorb the increase in annual federal employees» wages for 2011 - 12, and froze their operating budgets for 2011 - 12 and 2012 - 13 at their 2010 - 11 levels.

The freeze in departmental operating budgets, therefore, is not about achieving a balanced budget in 2015 - 16, but rather about demonstrating to its political base that it remains committed to reducing the size of government

An indexation allowance may be available to such a holder to give an additional deduction based on the indexation of its base cost in the shares by reference to U.K. retail price inflation over its holding period (but note that, in respect of disposals on or after 1 January 2018, the U.K. Government announced plans in the Autumn Budget 2017 to freeze indexation allowance at the amount that would be due based on the retail price index for December 2017).

In addition, for both 2011 - 12 and 2012 - 13, operating budgets of departments were to be frozen at the 2010 - 11 levels.

Earlier this week, he said exactly what anonymous Ministry of Defense sources said a few weeks ago, when they asserted that Iron Dome was under threat of a procurement freeze as part of their eternal war against the Ministry of Finance officials over the defense budget.

In the October 2013 Speech from the Throne, Prime Minister Harper announced that the government would extend the freeze on departmental operating budgets, once again committed the government to eliminating the deficit by 2015 - 16 and to reducing the debt - to - GDP ratio to 25 per cent by 2021, both of which are easily achievable.

Is the government applying an additional freeze to operating budgets to get rid of a structural deficit created in part by significant cuts to taxes before the recession?

She said Chancellor Philip Hammond should use the Autumn Budget to invest in helping families with children, and that ending the benefits freeze is the first step he should take to re-balance the finances of ordinary families.

For example, when giving was consistently below our budget we issued a soft - freeze to staff, which meant that the only allowed expenses were those that kept the current level of ministry.

Ziegenfelder's Budget $ aver brand of frozen treats are distributed nationwide — to the warehouses supplying independent grocery stores, regional grocery chains, dollar stores and mass merchandise retailers.

I use frozen fruit for a few reasons — frozen fruit is picked and cut when ripe, ensuring it still tastes great and preserving vital nutrients, plus it's much more budget - friendly to buy frozen fruit in the dead of winter.

During those times, according to local reporting, Quinnipiac was in the midst of «a building boom,» including «a new, $ 52 million hockey and basketball arena» while also «freezing senior management salaries, ending job searches, and reducing operating budgets by 5 percent.»

Tentative deals have been reached on parts of a new state budget, including about $ 1 billion in additional funding for public schools, a work - around for some higher - income New Yorkers to reduce the impact of new federal tax deduction limits, and a freeze on what Albany sends to local governments around the state.

Goldie secured more police officers, a freeze in council tax and new approaches to drug treatments as part of her support for the budgets of Alex Salmond's previous minority government.

To the extent that conservatives succeed in reducing fiscal woes to a case of runaway spending, politicians find it easier to address budget shortfalls with public sector furlough days, wage freezes, layoffs and benefit cuts than with progressive tax increases that, many economists conclude, would cause the least harm to the recovery.

The Division of Budget in April froze $ 69 million of the $ 75 million in reimbursable turnaround funds that were allocated for the persistently struggling schools to use during he 2015 - 16 and 2016 - 17 school year, an attorney for the Education Department said.

The budget should cap state spending, include a plan to freeze and ultimately cut property taxes, fast - track the elimination of the 18A energy tax that is passed on to consumers, cut the Estate and job - killing Corporate Franchise Tax, and reduce burdensome and unnecessary bureaucratic red tape that stifles job growth.»

Levy went on to note that a number of the cost - saving measures Paterson says he supports, including the property tax cap and wage freeze for state employees (or, alternatively, layoffs), were not included in the governor's proposed budget.

Gov. Dannel P. Malloy ordered an immediate hiring freeze Thursday after a sharp nose - dive of more than $ 450 million in state income tax collections, spelling trouble for both the current budget and the coming years.Malloy's budget office told agency heads...

The squeezed middle, the working poor (6.5 million in their households today) and the jobless are afflicted by pay freezes and pay cuts, energy bill hikes, accelerated private rent increases, a swelling housing benefit budget that subsidises rich landlords but not the tenants, waiting lists for a home swollen by the bedroom tax and only half the houses needed being built, nearly a million of the jobless sanctioned last year and deprived of all their unemployment benefit for 4 or 13 weeks for trivial infringements, the seriously disabled suffering big benefit cuts for not getting jobs they manifestly can't do, to name but some.

The highlights of that 387 - page budget include a hiring freeze, a flat tax rate, an $ 11 million deficit and money for new classes of cops and firefighters.

Tonight's vote is non-binding, meaning that Cameron can still carry out his preferred tactic of arguing for a real - terms freeze in the EU budget in next month's crunch talks.

Ahead of the Chancellor's Pre Budget Report announcement, the FSB is urging the Government to freeze employers» NICs completely.

Questions - future of the euro, House of Lords size, council tax freeze in Wales Debate - changing world of employment Debate - government policies on family budgets Short debate - transforming water from source of conflict into basis for cooperation in Middle East

Meanwhile, the Assembly outlined in broad strokes for the Times Union budget plans that include a freeze of SUNY and CUNY tuition rates at their current levels and a $ 75 million addition to the governor's proposal on state - subsidized child care.

The county executive, after freezing the salaries of his management staff for the last four budgets, will not be receptive.

The governor's budget, which includes a 3.1 percent increase in school aid, a two - year property tax freeze and phased - in business tax cuts, offers something for everyone in a year where Cuomo and all 213 members of the legislature are up for reelection.

That this House expresses deep concern at the impact of the UK Government's policies on Wales; notes the UK Government's real - terms reduction of the Welsh Budget by # 1.5 bn; notes that Wales currently suffers from the lowest average rates of pay in Britain and has the highest proportion of individuals affected by cuts to social security including the Bedroom Tax; further notes that Wales suffers the highest energy bills in the UK and that these, along with low pay, have compounded the cost of living crisis in Wales; and calls on the Government to immediately scrap the Bedroom Tax, freeze energy bills and undertake measures to increase pay rates in Wales.

The governor's budget, which includes a 3.1 percent increase in school aid, a two - year property tax freeze and phased in business tax cuts, offers something for everyone in a year where Cuomo and all 213 members of the legislature are up for reelection.

New York Governor Andrew Cuomo says he's «cautiously optimistic» that his property tax freeze plan and other programs he favors will be part of the final budget deal.

Top State University of New York officials say they want a tuition freeze at the state's colleges and universities, and are asking Gov. Andrew Cuomo and the state legislature to adequately fund SUNY in the budget so that they don't have to raise rates for students.

Gov. Andrew Cuomo's tax commissioner is set to testify before a legislative budget hearing Monday morning, and he's expected to get plenty of questions about a plan to freeze property taxes and cut some income taxes.

It would not preclude the legislature or County Executive Steve Bellone, who has voluntarily frozen his salary since taking office, from proposing raises as part of the budget, on which lawmakers would have to vote.

During his budget presentation, Gov. Andrew Cuomo renewed his push for local governments to share more resources as part of a plan to freeze property taxes if counties stay within a two percent cap.

David Skelton of Policy Exchange also welcomed what he called the «Boddingtons Budget,» citing the end of the beer duty escalator and another freeze in petrol duty.

Both houses of the legislature are making changes to Gov. Andrew Cuomo's tax freeze plan in their budget proposals.