Sentences with phrase «balanced budget rules»

We need a balanced budget rule: the government's income and spending has to balance over something like a five - year period.Unlike Gordon Brown's failed «over the cycle» rule, which all depends on how he defined «the cycle».

Not exact matches

The best fiscal rules are more flexible, promising to keep the structural deficit in check, for example, or pledging to balance the budget over a number of years.

But under accrual accounting rules this borrowing does not appear on the budget balance.

Fiscal rules are good, but the proposed balanced budget amendment would destabilize the economy.

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.

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.

However, state constitutions generally require balanced budgets, which can force countervailing changes in outlays and tax rules.

Instead, Labour will set out, in our general election manifesto, tough fiscal rules that the next Labour government will have to stick to - to get our country's current budget back to balance and national debt on a downward path.

He has stressed that the Treasury — under his leadership — did loosen the grip, setting out new fiscal rules for a balanced budget by the middle of the next decade.

On the economy, the Lib Dems would balance the budget through a mix of spending cuts and tax rises, while safeguarding capital spending by re-incarnating Gordon Brown's «golden rule».

And we will set out tough fiscal rules - to balance the current budget and get the national debt on a downward path.

And to get Britain's budget back into balance and the national debt back on a downward path, we will set out tough new fiscal rules.

«Before the next election — when we know the circumstances we will face — we will set out for our manifesto tough new fiscal rules to get our country's current budget back to balance and national debt on a downward path.

Haynes ruled out increasing tuition further to balance the budget in the event Cortland County does not increase funding.

Fresh off the Legislature's second on - time budget in a row, Sen. Saland talks about the need to balance capital and administrative spending, explains the state budget's hold harmless rules and gives his opinion on the effectiveness of charter schools in New York and around the country.

It provided a wide - ranging, balanced analysis of the constitutional issues facing the state, a focused action program in such key areas as education, budgeting and home rule, and the basis for proposed legislation to modify the revision process itself.

State spending can be particularly vulnerable during recessions, because states have balanced - budget rules, which prevent them from running temporary deficits during downturns to compensate for revenue shortfalls.

Many regions were forced to make education cuts under balanced - budget rules.

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 Tories» pre-budget media blitz has been peppered with a number of such low - cost pledges, such as legislation to enshrine balanced budgets and tighter rules for charitable status to curb the link between charities, terrorists and organized crime.

Accounting and Financial Administration Professional — Duties & Responsibilities Develop and maintain a strong and extensive working knowledge of various accounting principles, regulations, tax codes, and applications, continuously applying changes to accounting landscape to current responsibilities Apply various accounting rules and procedures to critical tasks, including the review and approval of journal entries, data and financial reconciliations, balance sheet and income statement accounting, cash flow analyses, account collections, capital utilization and on - going budgetary considerations Provide relevant oversight and administration to all aspects of business finance, including billing and collections, payroll execution, vendor relationships, payroll and salary management, and other pertinent functions Perform regular book reconciliations and variance resolutions to ensure audit - ready financials and provide continuous relevant insight into the financial health of the company, in both a regular and ad - hoc manner, to company management Manage important and sensitive financial documents, receipts, and invoices on a daily basis, providing organization for audit assistance and execution as well as compliance with various accounting standards Perform analysis, research and evaluation of current accounting policies and procedures, implementing change where necessary to drive corporate efficiency, manage costs and drive revenue Facilitate the efficiency and implementation of all accounting operations from concept to execution, while coordinating actions on all daily operational and logistical aspects from corporate financial management to payroll Utilize technological resources, including software and accounting applications, to track all aspects of firm accounting and financial operations as well as prepare important and sensitive tax documents related to all aspects of organizational operations Collaborate with respect to effective communication between all departments and coordinate all daily business operations with other leadership staff and other personnel Work closely with and support senior - level management in budgeting and corporate planning strategies Address client, vendor, and management queries, resolving them in an expedited manner Assist management with various other duties as assigned to facilitate efficient administration and operations, making appropriate and effective recommendations with respect to performance optimization