New York sent nearly $ 41 billion more to Washington than it received
back in federal spending — more than double the gap four years ago, according to a report released on Tuesday.
New York sent about $ 40.9 billion more in tax payments to Washington in 2016 than it received
back in federal spending.
Donovan, like Cuomo and other officials, have pointed to the amount of money New York sends to the federal government in taxes versus what it gets
back in federal spending.
New York sent nearly $ 41 billion more to Washington than it received
back in federal spending — more than double the gap four years ago, according to a report released...
«New York sent an estimated $ 40.9 billion more in tax payments to Washington in 2016 than it received
back in federal spending,» DiNapoli said.
Cuomo has argued the state sends back a disproportionate share in taxes to Washington compared to what comes
back in federal spending.
But states such as North Dakota, South Carolina, Alabama, Kentucky, West Virginia and Indiana get more than two dollars
back in federal spending for every dollar in taxes.
Not exact matches
The drop
in spending largely reflects cut
backs in the
federal government required by the so - called sequester that went into effect
in March.
After inheriting a surplus the government immediately cut the GST by two points, and
in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant
spending cuts
in the 2010, 2011 and 20012 budgets
in order to put the
federal finances
back on a sustainable path.
The cost of the 2011 cutbacks
in federal spending will fall most directly on consumers and retirees by scaling
back Social Security, Medicare, Medicaid and social
spending programs.
In my recent National Post column, I make reference to some
back - of - envelope calculations to the effect that replacing the fiscal anchor of balanced budgets to one of a fixed debt - GDP ratio allows the
federal government to increase
spending by 1.2 percentage points of GDP, or by about $ 25 billion.
And the reason I argue
in the book that earlier depression was over so quickly was because the
federal government really did sit
back and do nothing, they actually slashed
spending because this was right after World War I.
Tax me less,
spend less, and if you really feel compelled to keep a bit of pork
in that fat
Federal Belly... at least use my tax dollar too help supplement wounded veterans and / or assist wartime veterans
in some of the things they need to re-integrate
back into their country after serving it.
And the conference
backs $ 90 million
in spending for new
federal mandates for background clearances, licensing and regulatory compliance along with training.
Flanagan, meanwhile, echoed much of what Cuomo has said — that New York sends more to the
federal government
in taxes than what it has gotten
back in spending.
ALBANY, N.Y. — New York Gov. Andrew Cuomo vowed to fight
back against Washington Republicans on Tuesday with a $ 168 billion state budget proposal that lays out
spending on schools and mass transit while also confronting greater uncertainty
in federal funding.
On topic questions included funding for items
in the City's SIRR report and whether there is an alternative source for such items, whether the mayor is satisfied with the pace of City
spending of
federal money for Sandy relief, whether the mayor is confident of reaching his 500 construction starts and 500 reimbursement checks by Labor Day, Comptroller Scott Stringer's report on a lack of oversight on
spending by the Department of Homeless Services, whether the City has the «right formula» for Build It
Back, the total number of homes damaged by Sandy and when all will reached through Build It
Back, how many of the 132 construction starts to date are repairs and how many are rebuilds and whether the mayor has closely examined the City's emergency management system
in the context of preparing for a future coastal storm.
Adding
back temporary
federal stimulus funds used to supplement state funds
in each of the last three years, state operating
spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity
in New York has dropped sharply during the Great Recession.
He noted that New York already pays far more
in federal taxes than it gets
back from Washington
in federal spending — $ 48 billion more.
The Empire State Development Corp. on Tuesday pushed
back against an audit released last week by the
federal Department of Housing and Urban Development that was critical of the way $ 22 million
in tourism funding was
spent for areas impacted by storms.
The mailer basically argues that by
backing federal spending cuts and helping create jobs, Corwin will be «getting America's fiscal house
in order... the best insurance for our seniors.»
The Senate
backs a plan that would require transparency
in procurement procedures along with new disclosure rules for advisory boards and those that advise state agencies on the
spending of both
federal and state money.
Remember when he didn't
spend the
federal job creation money
in order to shore up the county's finances — that came
back to haunt him too.
[105] Alaska's
federal congressional representatives cut
back on pork - barrel project requests during Palin's time as governor; despite this,
in 2008 Alaska was still the largest per - capita recipient of
federal earmarks, requesting nearly $ 750 million
in special
federal spending over a period of two years.
Cuomo's aides said he needs the authority to hold
back spending without legislative consent
in case the
federal government drastically reduces the aid due to New York.
Others say the Pentagon is simply using the hearings to pressure Congress into rolling
back the Budget Control Act of 2011, the law that set
federal spending caps
in order to achieve a $ 1.2 trillion deficit reduction over 10 years.
Lawyers for six former trustees suing to get their positions
back after they were kicked out by Mayor de Blasio and Queens Borough President Melinda Katz revealed
in court papers the library has retained a high - powered former
federal judge to probe leaks that led to a series of stories
in The News about library director Thomas Galante's $ 392,000 salary and his free -
spending ways.
For instance, will the state save enough money from the effects of the new coverage to offset its required future
spending to support the Healthy Michigan Plan when
federal funding is scaled
back in 2017?
As
in the 2008 platform, the party
backs federal spending on biomedical research, but also gives a special shoutout to the value of neuroscience.
Goodman's film, while stressing Timothy McVeigh's virtually one - man show
in accumulating the needed materials for a bomb which he detonated on the Alfred P. Murrah
Federal Building,
spends almost half of its ninety - eight minutes giving the backdrop — not way
back to third - party structures like the anti-Catholic Know Nothing movement of 1855 but stretching to the mischief - making of two of McVeigh's forefathers.
Then
in 2010, a year after Schwarzenegger and the Democrat - controlled state legislature took advantage of the leverage given to them by the
federal Race to the Top initiative and passed a series reforms (including the nation's first Parent Trigger law and requiring the state's teacher database to be tied to its student data system
in order to allow for the use of student data
in evaluating teachers), the NEA and AFT
spent big to
back once - and - future governor Jerry Brown's return to the top office, and successfully
back traditionalist Tom Torlakson as state schools superintendent (while defeating longstanding Gloria Romero, the former state senate honcho who worked with Schwarzenegger to pass the reforms).
In general, there are three categories: Home Equity Conversion Mortgages (HECMs), which are backed by the federal government; proprietary reverse mortgages, which are basically private loans; and single - purpose reverse mortgages, which come together with limitations in terms of what you can spend the money o
In general, there are three categories: Home Equity Conversion Mortgages (HECMs), which are
backed by the
federal government; proprietary reverse mortgages, which are basically private loans; and single - purpose reverse mortgages, which come together with limitations
in terms of what you can spend the money o
in terms of what you can
spend the money on.
Navy
Federal nRewards Secured Card & BankAmericard ® Secured Credit Card both offer rewards programs which are much more flexible and offer competing rates (maximum of 3 cents cash
back for the BoA card and 1 cents
in gift certificates for Navy
Federal per dollar
spent).
In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal - fired power plants as well as several new coal - fired plants in Pennsylvania and Virginia, back federal legislation to create a cap - and - trade system regulating CO2 emissions, and double spending on energy efficienc
In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal - fired power plants as well as several new coal - fired plants
in Pennsylvania and Virginia, back federal legislation to create a cap - and - trade system regulating CO2 emissions, and double spending on energy efficienc
in Pennsylvania and Virginia,
back federal legislation to create a cap - and - trade system regulating CO2 emissions, and double
spending on energy efficiency.
As part of the estimated US$ 45 million buyout, Luminant settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council and agreed to cancel 8 of its planned 11 new Texas coal - fired power plants as well as several new coal - fired plants
in Pennsylvania and Virginia,
back federal legislation to create a cap - and - trade system regulating CO2 emissions, and double
spending on energy efficiency.
«It goes
back to economics and circumstances,» said Lanre Onigbinde - Dey, 35, of Toronto, who
spent eight years
in federal prison for manslaughter after killing a man
in a knife fight when he was 24.
Back in January, the United States Supreme Court released its judgment
in Citizens United v.
Federal Election Commission 558 U.S. 50 (2010)[PDF], a challenge by a «non-profit corporation» to § 441b of the U.S. Code limiting election
spending by corporations.