Still, the spending plan had much to celebrate for the governor, coming in on time amid a $ 4 billion state deficit and the prospect of
additional federal cuts.
Not exact matches
House attributes the rosier U.S. outlook to
federal tax
cuts, a massive US$ 300 - billion spending package and the possibility of an
additional spending or infrastructure bill.
In total, the SALT cap is estimated to cost New Yorkers between $ 9.5 billion and $ 15.3 billion in
additional federal taxes, reducing the
federal tax
cut they would otherwise receive or, in many cases, resulting in a
federal tax increase.
State Senator Espaillat and Mark - Viverito were advocating for the
federal government to allow Puerto Rico to restructure its debt, provide
additional funding to the territory and restore key
cuts to its healthcare programs.
So, to recap: The congresswoman is seeking more spending by the
federal government here in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require
additional cuts at a time when Washington is already polarized over reductions mandated by the debt ceiling deal passed early this month.
At the same time, the NY - 19 Republican voiced support for the call by House Majority Leader Eric Cantor that any
additional disaster funding be offset by spending
cuts elsewhere in the
federal budgt.
Add Rep. Tom Reed to the list of New York Republicans who support House Majority Leader Eric Cantor's call for offsetting
additional disaster aid in the wake of Irene with spending
cuts elsewhere in the
federal budget.
Garcia said that
additional cuts to those
federal reimbursements would throw off a five - year fiscal reform plan expected to be released Wednesday as Puerto Rico prepares to negotiate with bondholders over its debt.
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.
Citing conversations with
federal housing officials, they said they were bracing for
additional cuts that could be far greater, and total $ 150 million.
The state already has a projected a $ 4 billion budget shortfall in the coming year and is bracing for
additional cuts in
federal funds for health care and other services.
In recent years we've seen states
cut funding for public universities at the same time those schools are taking on
additional students, which has furthered the need for
federal financial assistance to offset this shift in costs.
If these
cuts were enacted, states would have to either backfill the loss of
federal support for out - of - school care by drawing from other limited funding streams or accept that previously served students would now be in unsafe, unsupervised environments outside of school hours.54 Attendance, student achievement, and peer and student - to - teacher relations could suffer.55 States that
cut after - school programs would likely have to allocate
additional dollars in future years to triage the loss of jobs or depressed student outcomes.
In a press release sent on Tuesday, State Superintendent of Public Instruction Tom Torlakson did not hold back on criticizing President Trump's
federal education budget proposal, which includes
cuts to teacher training, after school programs, mental health services and
additional programs.
Among the proposed
cuts are grant programs, including Teacher Education Assistance grants (for those who agree to teach, after college, for four years in a public school serving low - income families) and
Federal Supplemental Educational Opportunity Grants (
additional grant money for qualified undergraduate students from the lowest income levels).
In addition, to the dispute over accepting
Federal funding for the Low Income Pool (LIP), other factors that could threaten education funding are $ 690 million in proposed tax
cuts and an underestimated enrollment of an
additional 10,000 students in Florida public schools.
Still any movement towards massive infrastructure spending and tax
cuts will lead to inflationary pressures on the U.S. economy and this could mean
additional rate increases by
Federal Reserve Chair, Janet Yellen.
The Government must strengthen sustainable funding models for Aboriginal and Torres Strait Islander peoples Reconciliation Australia acknowledges that there will be no
additional funding
cuts to the Indigenous Affairs portfolio in this year's
Federal Budget.
A Mortgage Tax Credit offers
additional income for first - time homebuyers by
cutting down on the amount of
federal income tax liability that the borrower owes.