Sentences with phrase «achieving budget balance»

The Osborne plan (and the Coalition Agreement) called on Conservative and Liberal Democrat ministers to achieve a cyclically - adjusted target to reduce government debt as a share of national income between 2014 - 15 and 2015 - 16 and, politically and economically most significant, to do so by achieving a budget balance by the end of the Parliament.

Not exact matches

«In my view, the time is now for Congress to create an authority that would have as its goals both achieving financial stability and a balanced budget for the island,» Williams said, according to the Times.

By doing these things, we will not only balance the budget in 2015, we will achieve a surplus.

Once the federal government achieved a balanced budget, that interest rate risk premium quickly disappeared and all levels of government benefited through lower borrowing costs.

In the absence of tax increases, the government will not be able to achieve its goal of a balanced budget by 2015 - 16 without major cuts in direct program expenses and the elimination of «boutique» tax expenditures in the order of $ 8 to $ 11 billion by 2015 - 16.

Lesson # 4: «What is clear and critical for understanding the current situation is that a balanced budget was (NOT) achieved almost entirely through reductions in spending» (NOT) added by authors.

On February 3, 2011, the C.D. Howe Institute released its 2011Shadow Budget [1] entitled A Faster Track to Fiscal Balance, arguing that federal government should undertake aggressive actions to restrain the growth in program expenses in order to achieve a fiscal surpluses one year earlier than forecast in the October 2010 Update [2].

Whether it's class size and composition issues, downloaded costs to school boards without the extra funding to cover them, or public sector workers who previously accepted «net zero» or cooperative gains settlements, a balanced budget might be hard to achieve while keeping educators, parents, and students happy.

The budget projections underlying these «alternative» budgets are out - of - date, with the result that their policy prescriptions will not achieve a balanced budget by the dates specified.

The Fraser Institute has raised valid concerns about the Government's ability to achieve a balanced budget in 2016 - 17 as forecast by the Minister of Finance, or by 2015 - 16 as forecast by the Prime Minister..

The Minister of Finance has indicated that additional spending cuts could be forthcoming in order to achieve a balanced budget in 2015 - 16.

The PBO estimates the probability of achieving a balanced budget or better in 2015 - 16 to be approximately 50 - 50.

Why they would now introduce balanced - budget legislation, given their past failure to achieve one, is a mystery.

In fact, noting that 50 % of the MSP premiums have already been eliminated (with the impact being absorbed in «general revenues»), the new payroll tax collected will more than make up the remaining MSP revenue shortfall, and is a material contributor to achieving the balanced budgets that are forecast.

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

If the EI premium rate «fix» were not enough, the Finance Department also includes $ 1.2 billion in unrealized asset sales to help achieve a balanced budget in 2015 - 16.

Based on our assessment of the proposed expenditure «savings», we believe that the Government will not balance the budget in 2015 - 16, and may have difficulty in achieving a balanced budget by 2016 - 17.

A study conducted by the Department of Finance in 2001 examined fiscal rules in a number of countries at the national and subnational level and concluded that legislative fiscal rules are not necessary for achieving a balanced budget.

In his first budget last April, Finance Magician Joe Oliver pulled a handful of rabbits out of his hat to achieve the long - promised balanced budget in 2015 - 16.

On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.

Budget balance has been achieved despite a slowing economy and new tax cuts mainly by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.

In the current economic environment, severe austerity would be required to achieve a balanced budget in 2019 - 20 and would have serious negative consequences for the economy.

As we noted in our assessment of the November 2013 Update and confirmed by the PBO in a recent article entitled «Revised PBO Outlook and Assessment of the 2013 Update of Economic and Fiscal Projections», the Government is using higher - than - required EI premium rates to achieve its balanced budget target in 2015 - 16, despite the denial of this by the Minister of Finance.

Obamacare is not sustainable, but neither is the dismantling of our minimalist welfare state to achieve a balanced budget too soon and in the wrong way.

With its strong commitment to cultural and economic diversity, the Cincinnati Waldorf School relies heavily on the success of its annual fundraising to achieve a balanced budget each year.

«PEF remains willing to work with this governor to achieve the savings in state operations necessary to balance this budget,» said PEF President Kenneth Brynien.

According to the Division of Budget implementation of this bill is necessary to achieve a balanced budget for SFY 2008Budget implementation of this bill is necessary to achieve a balanced budget for SFY 2008budget for SFY 2008 - 09.

«We've always said that the Budget moves have to be balanced and fair and we're all really proud of taking Britain's poorest workers out of tax altogether and we have to always have a balancing act on this and I think, frankly, most of the party understands that and should be very proud of what we've achieved amongst a tough economic backdrop.

Under Labour's plans, budget balance would not be achieved until the end of 2017/18.

Eight years after facing a financial deficit that required issuing bonds totaling $ 22 million to balance its budget, East Hampton Town has achieved Moody's Investors Service's highest bond rating

Governor Cuomo has suggested that it's not Albany, NY's job to bail Cities out, but instead he'll encourage those Cities with shrinking tax bases, to make the necessary decisions to achieve a balanced budget and the foundation for future growth in the coming years.

In drafting that budget, Madden cut out reliance on transfers from the water fund and inclusion of property sales in the spending plan in order to achieve a balance budget.

- GDP per capita is still lower than it was before the recession - Earnings and household incomes are far lower in real terms than they were in 2010 - Five million people earn less than the Living Wage - George Osborne has failed to balance the Budget by 2015, meaning 40 % of the work must be done in the next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds of poor children fail to achieve the basics of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long - term youth unemployment of over 12 months is nearly double pre-recession levels at around 200,000 - Pay of young people took a severe hit over the recession and is yet to recover - The number of students from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a decade

He wondered, «Talking about checks and balances, they will stand in as an entity that will check the actions of the government; sometimes when government budget is sent to Parliament for example one expect the opposition to critically look at the budget and what the budget seeks to achieve but the budgets get approved all the time and one wonders.»

The Building a Better America 2018 budget balances within a decade, achieves a $ 9 billion surplus, and is projected to increase GDP growth by 2.6 percent.

Both the President and Congress would achieve a balanced budget primarily through cuts in discretionary spending, including cuts to most of the accounts funding R&D.

Outyear projections serve an important purpose: They show the policy choices and tradeoffs the Administration and Congress have assumed in order to achieve the goal of a balanced budget.

We encourage our national leaders to make a bipartisan effort to focus on achieving a balanced budget that helps put the U.S. economic house in order, while also putting forth a road map that fosters innovation and leads to economic growth and job creation.»

The data — taken from The Key's annual State of Education report to be released in May, and weighted by Ipsos MORI — reveals that only eight per cent of school leaders expect to either achieve a surplus or to balance their budget without making any savings in the next financial year.

Despite operating with a drastically smaller operating budget than they had planned for, Tangi Academy has met every desegregation requirement and has achieved a balanced at - risk and special education student population — an accomplishment that TPSB has struggled to achieve in many of its own schools for over the last half century.

To achieve these priorities, the Governor and General Assembly must seek a balanced approach that combines smart, strategic spending in key budget priorities with tax reforms that assure fairness, stability, predictability, and adequacy.

«There remain substantial issues over balancing the global energy budget: achieving closure (Kevin Trenberth)»

The budgets can be achieved, and can be achieved while balancing all the of the factors in the [Climate Change] Act.

The member (quorum achieved in a large meeting) at the CLA AGM voted to have a balanced budget (not zero based which is a process) in 2011.

Here's what you need to know to achieve the perfect balance of price and features in a budget laptop.

* Build client relationships Financial investments retirement planning and insurance product sales Experience in forecasting planning and expense management of corporate budgets Produced corporate financial reports for statutory / GAAP accounting income statements and balance sheets Relationships * Effective developing strong relationships to understand client / employee needs and achieve results Positive open leadership style...

Achieved balanced volunteer services budget, and ensured volunteers met required participation hours, health, and physical compliance.

This can be tough since your commission checks vary, but it's a necessary step to achieve a balanced budget.