Sentences with phrase «balanced budget law»

Conservative government preparing balanced budget law as Parliament resumes, Calgary Herald

As a balanced budget law does not allow that investment, Labour would be opposed to the Tory policy.

The Liberals and the NDP both dismiss the Conservatives» balanced budget law, but the core idea is sound

Not exact matches

Rather than scrap Harper's balanced - budget law, Trudeau should replace it with a more flexible measure that would legislate restraint over the medium term.

Balanced - budget law allows the federal government to run a deficit when recession looms.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

Last year, when asked about balanced budget legislation he told the House of Commons Standing Committee on Finance «I don't think writing something into law, and then expecting that future governments will be held by that, is realistic.»

Mulcair and Trudeau have left themselves open to these attacks by underestimating the potential of Harper's balanced - budget law.

«It is thus important to realize that in the current environment of low long - term interest rates, fiscal prudence does not require bringing the annual budget balance to zero almost immediately,» he wrote in a paper for the Bennett Jones law firm.

Meanwhile, our number - crunching suggests that the economy's improvement did indeed accelerate after the 1993 Balanced Budget bill became law.

Gramm - Rudman - Hollings law: A law enacted in 1985 requiring that budget deficits be brought down to specified amounts and the budget be balanced by 1991; failure to meet those goals would trigger automatic spending cuts.

In total, 20 bills have become law through reconciliation, including the 1990 Omnibus Budget Reconciliation Act, the Balanced Budget Act of 1997, the 2001 and 2003 tax cuts, and portions of the Affordable Care Act.

If a municipality thinks they can rely on balancing their budget by lowering the speed limit, townies need only follow the law to show them how foolish a plan it was.

The effect of this is that the US states have nearly all laws that require them to have balanced budgets and it is well followed.

The TU: «For all his legislative success — greater tax fairness, balanced budgets, gay marriage, and even the gun control law, for all its flaws — Mr. Cuomo stands on notice that his penchant for short - circuiting how laws are supposed to be made is increasingly unacceptable to supporters and detractors alike.»

Fortunately, our state lawmakers aren't quite so blatant in their struggle to balance the state budget, which it must do by law.

The County Executive may at any time during the fiscal year transfer part or all of the unencumbered appropriation balance between classifications of expenditures within the same administrative unit, provided that prior approval by resolution of the County Legislature shall be required if the proposed transfer (1) would result in an increase exceeding ten thousand dollars ($ 10,000), or such larger amount as may be prescribed by local law, during the fiscal year in any one line item in the budget as adopted, or (2) would affect any salary rate or salary total.

Cuomo's budget plan in January was balanced, by law, but she said he did it with more than $ 1 billion in tax and fee hikes, among other revenue raisers.

«It means we have to balance our budget every year and the discourse in this city often fails to note that by law the city government of New York City must balance its budget every year or else we fall under the control of the Financial Control Board,» said de Blasio.

The Cuomo administration has expressed concerns that the federal law will push some higher income residents out of the state; the New York State budget relies heavily on personal income taxes from such wealthier filers to remain in balance.

2014 has been a significant year of accomplishments for Mark, including working with the Legislature to pass a balanced budget with a small tax cut, opening the Erie County Health Mall, signing an executive order requiring that all contractors with Erie County comply with equal pay laws for women, restructuring the Department of Social Services while hiring more CPS caseworkers, and managing the emergency response to four major weather - related events: two blizzards, flooding in West Seneca and Winter Storm Knife.

They'll also talk about reforming Rockefeller Drug Laws, public financing of campaigns and the challenges of balancing the state budget.

All the Orange County legislators were provided with documentation of factual cases of civil forfeiture abuse; law enforcement agencies and local municipalities using the proceeds of forfeiture properties, cash and cars to balance their budgets; articles from conservative think tanks like The Heritage Foundation against this law and public comments from citizens, attorneys and former police officers expressing their view against this law.

Romney, like most of the Republican candidates, has largely embraced positions held by party activists: committing to repeal the health - care law signed last year by Obama; calling for reduced federal spending, but no tax increases, to balance the budget; and opposing same - sex marriage and abortion.

«Although the board president stated the unexpended surplus fund balance was for cash flow purposes, none of the adopted budgets included a planned balance as is permitted by law,» the audit reads.

As a former New York City Police Officer, I regret that law enforcement layoffs are necessary to balance this budget, but there are no sacred cows.

Government workers in Minnesota, including about 50,000 teachers, are challenging in the State Supreme Court a new law that reduced their paychecks by 2 percent in order to help balance the state budget.

Gov. George P. Nigh of Oklahoma — who warned that the legislature's failure last year to increase taxes could imperil recent reforms in the state's education system — last week signed into law a temporary tax increase that will guarantee the state a balanced budget for the rest of the fiscal year.

Under state law, the legislature has 30 days from the Nov. 6 notification date to find another way to balance the $ 12.5 billion education budget.

Both the House and Senate last week passed debt - extension measures including a revised version of the Gramm - Rudman - Hollings balanced - budget law.

The board of education turned to the federal court on Sept. 13, as a 10 - day reprieve from the state law requiring Chicago schools to balance their budget was running out.

By law, the schools can not open in September without a balanced budget.

«An academy trust is required by law to balance its budget from each academic financial year to the next,» said the DFE spokeswoman.

And the other great moral and political questions of the great debate on salt and iron — the need for profits, the rights and obligations of nobility, aid to the poor, the importance of a balanced budget, the appropriate tax burden, the risk of anarchy, and the dividing line between rule of law and tyranny — have all remained unresolved issues.

Now, technically, a negative liability to the Treasury would mean that the Treasury owes the Fed money, which would be, well, a fraudulent claim, and certainly not a budget item approved by Congress, but we've established in recent quarters that nobody cares about misleading balance sheets, Constitutional prerogative, or the rule of law as long as speculators can get a rally going, so I'll leave it at that.

The most stable economies manage interest rates to restrain inflation, have fair, transparent and accessible laws, have optimal tax takes and balanced budgets and evolve a social contract through robust democratic processes.

Economic stability is best served with government at about 25 % of GDP, price stability through management of interest rates and money supply, balanced government budgets, effective prudential oversight, effective and uncorrupted enforcement of fair law and a commitment to free and open trade.

Jean Clauson of ARAG believes the issue is resources: «Whether it is budget, time, or speed at which technology changes, GP Solos share an ongoing struggle to balance the technical practice of law with managing efforts to run an efficient business model at the pace consumers need and demand to receive legal services.»

In child welfare, an increased focus on balanced budgets through accountability agreements now required by law;

In 1997, Congress enacted the Balanced Budget Act (Public Law 105 - 34), which added language to the Social Security Act (18 U.S.C. 1852) to require Medicare + Choice organizations to establish safeguards for the privacy of individually identifiable patient information.

Drafted article on Medicare and balanced Budget Act for CDEL attorneys; researched issues in bankruptcy, landlord / tenant, employment and health law; held primary responsibility for approximately 100 clients; conducted intake interviews with elderly and disabled clients.

A Durham, NC resident, Fraser has written about law, starting a business, balancing your budget and fighting evictions, among other legal and financial topics.

Professional Experience CMG Worldwide Inc. (City, ST) 5/2008 — Present Finance Manager • Oversaw finances of intellectual property law firm generating $ 6 - $ 12 million in annual revenue • Hired, trained, supervised, and reviewed junior accounting associates and support staff • Authored and implemented corporate and departmental budgets • Analyzed expenses and recommended strategies to cut costs while increasing efficiency • Tracked and managed expenditures of approximately $ 100,000 per week • Verified accuracy of all expenses and revenues ensuring precise financial records • Prepared income statements, balance sheets, and monthly, quarterly, and yearly financial reports • Assisted senior leadership and outside personnel with the annual corporate audit • Operated and maintained the computerized accounting system and all hard files • Monitored and documented employee expense accounts, credit cards, and purchase orders • Managed general ledger and various credit, checking, stock, and other corporate accounts • Created monthly clientele reports detailing expenses and revenues from each account • Proficient in Microsoft Money, Quicken, QuickBooks, Tax Cut, Turbo Tax, and other software

A Durham, NC resident, Fraser has written about law, starting a business, balancing your budget and fighting evictions, among other legal and financial topics.