Sentences with phrase «additional budget deficit»

Not exact matches

He sees additional near - term corrections gripping stocks as the budget deficit exposes more vulnerabilities to the United States» capacity to do business.
Now, of course, if we could form even tighter expectations about likely returns using additional information, say, oil prices or budget deficits, it would make sense to use it.
If the deficit for 2013 - 14 comes in much lower than currently estimated, it could well be because of additional prudence he has «buried» into his budget forecast.
This $ 300 - million budget deficit is not paid for by additional government debt, but by union members who must increase their contributions to the pension fund.
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?
Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.
With the state budget now 27 days late, Gov. David Paterson today pleaded with the Legislature to pretty please give an up - or - down passage to his proposal — enhanced with an additional $ 620 million worth of cuts and revenue to cover a deficit gap that has opened since his Feb. 9 budget amendments.
If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.
His budget closed a projected $ 4.6 billion deficit with $ 1.8 billion of spending cuts, $ 1.5 billion in additional revenue from increased taxes and fees and $ 1.3 billion of one time transfers, and did not tap into the state's $ 1.2 billion of reserves or increase the top income tax rate on those earning $ 1 million or more.
These concessions, if not agreed upon, would unbalance Rockland's budget and add an additional $ 17.5 million on top of the county's current deficit
The mayor raised the issue of the $ 15.2 billion MTA capital budget deficit and the state's failure to abide by a 2007 settlement that promised additional education funds to the city — saying arguments about lean economic times no longer hold water.
After releasing his $ 77.7 billion preliminary budget, NYC Mayor Bill de Blasio raised the issue of the $ 15.2 billion MTA capital budget deficit and the state's failure to abide by the 2007 CFE settlement that promised additional education funds to the city, saying arguments about lean economic times no longer hold water.
This much needed additional tax revenue would help the state eliminate the current $ 3.5 billion budget deficit that exists.»
Budget analysts say the county ended 2011 with a $ 60.5 - million deficit and, with no action, could face an additional $ 497 million hole this year and next.
Another Senate Republican change would be to transfer taxes currently paid on energy bills directly to the regular state budget, providing an additional $ 160 million a year to help solve the deficit problem.
Mulgrew gave the governor credit for inserting an additional $ 769 million in education aid, including $ 338 million in foundation aid, in his executive budget despite having to close a $ 4.4 billion deficit.
With a $ 348 million increase in taxes on health insurance already approved by lawmakers as part of the 2008 - 09 Deficit Reduction Plan (DRP), The Business Council strongly opposes an additional $ 481 million in health care and health insurance taxes that are proposed as part of the 2009 - 10 Executive Budget.
First, Dicker reports that Paterson has secretly been urging a tax increase on individuals earning more than $ 500,000, in order to make an additional $ 8 billion to cover the budget deficit before his re-election campaign in 2010, when the taxes will mysteriously fade away.
The collapse of the bipartisan congressional supercommittee's effort to agree on a plan to slash the federal budget deficit isn't just a defeat for congressional Republicans who, as AFT President Randi Weingarten said, «insisted on protecting the 1 percent from any additional taxes.»
The portion of the budget paid for by state taxpayers will rise just under two percent Despite the one - time windfall, he had to bridge a $ 1.8 billion deficit in the current budget, which he did by counting $ 373 million in additional, not immediately identified revenues as well as cutting $ 92 million from state agencies, booking $ 121 million in savings from «debt management» and cutting $ 1.4 billion from funding for various local assistance programs.
Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.
The vote was unanimous, with absolutely no discussion of how to make existing charter schools accountable for their activities or the fact that Connecticut's public schools are underfunded and additional funding will not be forthcoming anytime soon since Malloy's fiscal strategies have left the state facing a large budget deficit this year and a massive $ 1.4 billion budget shortfall next year.
In fact, despite the colossal budget deficit, Pryor and the State Board of Education recently announced a new initiative to add four more charter schools in Hartford and rumors abound that charter school advocates are trying to get additional state funding for charter schools in Bridgeport, Windham and elsewhere.
Congress also could grant FHA additional authority that would allow it to invest the Fund's current resources in information technology and human capital, but this would increase the federal government's budget deficit.
Auditors for documenta 14, which closed this year with a significant deficit, have reported that the shortfall was primarily caused by the exhibition's second location in Athens, which caused the budget to spiral thanks to additional security, labour, transport and space costs.
The deficit budget means that TREB members will see a dues reduction of $ 50 each this year, and an additional one - time «dues holiday» of $ 50.
All in, the budget proposals would purportedly reduce deficits by an additional $ 1.8 trillion, bringing total deficit reduction to more than $ 4 trillion when combined with other efforts from the last two years.
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