When Gotham Gazette asked de Blasio about the new budget mechanism that gives Cuomo additional power and any concerns for New York City he may have, particularly
about federal cuts trickling down to the city, the mayor said he wasn't completely familiar with the provision, but from what he did know, he wasn't sure why it was needed.
Not exact matches
That data raised a fresh round of questions
about how the
Federal Reserve will proceed on further
cutting back on its massive monthly bond purchases, which have kept long - term rates low and encouraged a strong rally on equity markets.
The
federal government has made sweeping
cuts to red tape as small and medium businesses grow more confident
about the year ahead, but a growing number believes the state government is working against their best interests, according to the latest Sensis survey.
The
cuts were expected to save the
federal government
about $ 133 billion a year.
Eliminating the state and local tax deduction would raise
about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax
cuts from creating a massive increase in the
federal budget deficit.
For one,
federal spending
cuts are also likely weighing on state and local government hiring — as
about 25 % of their funding comes from Washington.
Unless, of course, you are talking
about the families of the wealthy and privileged who have received
about 70 per cent of
federal personal tax
cuts over the past 10 years.
«Each one percentage point
cut to the corporate income tax rate costs the
federal government
about $ 2 billion in annual revenues,» wrote the authors, one of whom was CLC chief economist Andrew Jackson...
Parliamentary Budget Officer Kevin Page, in his last week on the job, is taking the government to court in a bid to have Ottawa release information
about the impacts on
federal jobs and services from $ 5.2 billion in
cuts announced in last year's budget.Photo by Sean Kilpatrick / The Canadian Press / Files
«Almost a year after the 2012 budget, Conservatives still haven't given clear answers
about which regions of the country will lose
federal jobs or what services are going to be
cut.
Share: FacebookTwitterLinkedinGoogle + emailIf asked what the
federal government is doing to
cut carbon pollution, most Canadians would likely point to the policy they've heard the most
about: carbon pricing.
If asked what the
federal government is doing to
cut carbon pollution, most Canadians would likely point to the policy they've heard the most
about: carbon pricing.
About 39 % of respondents said fiscal policy, which has included tax increases and automatic
federal spending
cuts, was «too restrictive,» while 21 % thought it was «too stimulative.»
«If they were at the same 21 percent share of corporate profits as they had averaged in the two decades before these
cuts, the
federal government would have
about $ 25 billion more in corporate tax revenues annually.
If you look at the history of the
Federal Reserve, typically, when they react to a crisis or a recession on average they
cut interest rates
about five percent from their prior peak.
Ryan's advocacy for
cutting taxes and trimming the deficit — he is the architect of the GOP's proposed
federal budget — married with his willingness to talk
about fiscal belt - tightening in moral terms and his low - key social conservatism speak to a political moment in which the economic concerns of the Tea Party and the social focus of the Christian right have merged into a relatively cohesive anti-Obama movement.
He heard government leaders talk
about balancing the budget by
cutting back on the food stamp program, even while they rescued a struggling aircraft corporation with massive
federal aid.
-LSB-...] I posted
about House Republican efforts to
cut funding for school food as well as other food - related
federal -LSB-...]
Officials also try to be careful
about how much food to serve to fulfill
federal requirements and
cut down on waste.
Proponents of raising taxes on New York's wealthiest say they have a new impetus to increase the state's revenue — the continued bad news from Washington
about deep
federal cuts to health care and other areas.
Despite lingering fears
about cuts to health care in Washington, it's worth noting that
federal funding for the state's massive Medicaid program is still on track to go up, not down, in the year ahead.
Federal officials have reportedly confirmed that they are
cutting off a major portion of funding for New York's Essential Plan, opening a roughly $ 1 billion hole in the state budget and raising new doubts
about the future of a rapidly growing health insurance option for the working poor.
«As always, you have to make decisions
about how much you can afford to do in school aid and how much money you have to put aside for the potential impact of
federal cuts in Medicaid and in health care,» Assembly Majority Leader Joe Morelle (D - Irondequoit) said last week.
After weeks of warning
about its possible consequences, a
federal cut to New York's hospitals took effect on Sunday, adding stress to the state's already overworked public health care system.
They are concerned
about funding
cuts for foster care programs, public health and
federal social service funds being reprogrammed.
So Weprin has been put on the defensive
about Obama's Middle East policy, while Turner appears to have managed to avoid the drawbacks of his party association, and has largely been taken at his word when he says he would buck the House Republicans on an overhaul of entitlement programs, even though he has pushed, at times, for 30 - 35 percent
cuts in
federal spending.
Concerns
about possible
cuts in
federal aid to Planned Parenthood have spurred some high - profile outreach efforts in recent days.
The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Governor Andrew Cuomo remains worried
about another potential
cut in
federal funds to hospitals that he says will blow a hole in the state budget.
Tax revenues from Wall Street, meanwhile, are shrinking, and the state's
federal stimulus money, which has added up to
about $ 6 billion annually since 2008, will be
cut off in another year, two at most.
Cuomo is worried
about changes to the state and local deduction as well potential
cuts to Medicaid spending from the
federal government.
Bill Hammond: «
Federal officials have reportedly confirmed that they are
cutting off a major portion of funding for New York's Essential Plan, opening a roughly $ 1 billion hole in the state budget and raising new doubts
about the future of a rapidly growing health insurance option for the working poor.»
A sobering report to governors
about the potential consequences of repealing the Obama - era health care law warns that
federal spending
cuts probably would create funding gaps for states and threaten many people with the loss of insurance coverage.
Cuomo in recent months has been outspoken
about the
federal tax
cut plan hurting high - tax blue states like New York and California by severely restricting the
federal deductibility of state and local income and property taxes.
The automatic
federal budget
cuts known as sequestration have begun and Vermont Senator Bernie Sanders is raising concerns
about the potential impact on Vermonters.
Turner said that if it were up to him, he would
cut federal spending by 35 percent — including gutting the U.S. Department of Agriculture and the U.S. Environmental Protection Agency and slashing the budget of the U.S. Department of Education — which he said would take
about seven to 10 years to accomplish.
There is great uncertainty
about the impact the
federal budget
cuts, through the process known as sequestration, will have on the Massachusetts economy.
The
federal budget proposal would
cut about $ 2.9 trillion to human services programs, including to 13 Suffolk agencies.
Using a current - law baseline measure, the state budget gap for fiscal 2018 - 19 alone was last projected by DOB at $ 4 billion, a figure the governor himself began citing recently (without further explanation) in his recent warnings
about the implications of
federal health care spending
cuts.
About 12 people showed up to protest «Path to Prosperity,» the Republican budget that cuts about $ 5 trillion of federal spending over the next ten y
About 12 people showed up to protest «Path to Prosperity,» the Republican budget that
cuts about $ 5 trillion of federal spending over the next ten y
about $ 5 trillion of
federal spending over the next ten years.
There is much concern in Washington
about the impending «fiscal cliff» of severe
cuts to
federal programs that will automatically result if Congress and the Obama administration can not agree on a deficit reduction plan by the end of this year.
The sequester
cuts, or series of across - the - board
federal budget reductions, are split evenly between domestic spending and defense, and at least one New York Congressman is voicing concerns
about the latter.
The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Gov. Andrew Cuomo remains worried
about another potential
cut in
federal funds to hospitals that he said would blow a hole in the state budget.
The governor, in his speech to business leaders, also made the case for a Washington - style continuing resolution to keep state spending going beyond the April 1 deadline without a settled budget, if there's uncertainty
about whether
federal aid may be significantly
cut.
The mayor deflected questions
about those findings at a news conference in City Hall on proposed
federal budget
cuts.
UFT members from Districts 13, 14 and 17 as well as high schools from those areas heard UFT President Michael Mulgrew speak
about the proposed
federal education budget
cuts, the attack on unions by far - right privatization advocates, the dangers to hard - won benefits if a state constitutional convention is held in 2018 and other pressing issues.
Trump wants to
cut about $ 1.7 trillion in
federal spending over 10 years through deep spending
cuts to entitlement programs, according to a budget preview provided by the White House.
A plurality of 45 percent says they will be
about the same financially as a result of the new tax law — which
cuts federal tax rates but curbs deductibility of state and local taxes — while 33 percent say they will be worse off, and only 15 percent say they will be better off financially.
Because high stress levels can
cut into life - span and reproduction, at least in laboratory animals, Wasser says the results — which he emphasizes are preliminary — raise some questions
about the efficacy of
federal regulations designed to protect the owl.
Fermilab announced that, as a result of the
federal funding
cuts, it would have to lay off
about 200 of its 1,940 employees, who are already taking unpaid one - week furloughs every two months for the rest of the fiscal year.
Plans for the 2020 mission eased fears
about a potential brain drain at JPL driven by
federal budget
cuts.