Sentences with phrase «balanced budget would»

A balanced budget would require $ 5 million in savings coming from employee health insurance changes under the proposal, and using $ 3.7 million of the district's unused taxing authority.

Under this scenario, a balanced budget would not be attained in 2015 - 16.

First, the Department of Finance decided to build additional prudence into the April 2015 Budget for 2015 - 16 to ensure that the Government's commitment to a balanced budget would be met under any circumstance.

The authors said Trudeau's fiscal stimulus would add 0.5 % to economic growth this year and next, allowing the economy to reach its non-inflationary level of potential output faster than if former prime minister Stephen Harper's obsession with a balanced budget had remained Ottawa's priority.

They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.

A balanced budget has neither a deficit nor a surplus.

Judging the amount of money cut from the budget for those with physical / emotional disabilities to balance his budget I have absolutely no use for and don't believe Cuomo's comments.

While it is a truism that an economy and a government can not sustainably spend more than it earns indefinitely, the idea that governments must maintain annually balanced budgets has generally been long consigned to the dustbin of economic history.

Given that school districts largely do not have to face the vagaries of «selling» their services to fickle consumers, one might think that balancing the budget would be fairly straightforward.

Not exact matches

Ontario has set out a target to balance the budget within a few years, as has Quebec, whose debt burden is slightly heavier.

There is good reason to think the Bank of Canada governor had reservations about former prime minister Stephen Harper's obsession with balancing the budget.

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

He'd eliminate the payroll tax, and he favors a constitutional amendment that would require a balanced budget.

What Oliver should have done was backtrack on Harper's pledge to balance the budget, recognizing that the collapse of oil prices would cause private investment to disintegrate.

The CAQ has come out swinging with the promise of balancing the province's budget within a year of being elected.

Kentucky senator Rand Paul has said he'd seek a balanced budget amendment, and that he'd also shrink spending, limiting it to only what comes in via tax revenue.

While he would have liked to have seen more investor - specific changes — «it's always nice to have more rather than less,» he says — he thinks it's unlikely we'll see any reductions in capital gain taxes or major increases in TFSA room until at least 2015, when the government says it can balance the budget by.

Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.

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.

They elevate the importance of balanced budgets by trying so hard to convince voters that they too would run tight fiscal policy.

One - time events, such as the partial sale of Hydro One, have created the impression that balanced budgets are within reach.

Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.

When asked whether the upcoming budget would be a balanced one, Morneau said the government's approach has a «long - term view to being fiscally responsible.»

The world had survived Y2K; the stock market was topping out; George W. Bush had moved into the White House; and the US government had a balanced budget.

Keep the budget balanced or run a small surplus, then have a «rainy day» fund for emergencies.

From a fiscal perspective, the argument exists that the tax revenue generated would be significant and would assist in balancing the budget.

«In my view, the time is now for Congress to create an authority that would have as its goals both achieving financial stability and a balanced budget for the island,» Williams said, according to the Times.

Net debt as a share of GDP is low (only Saskatchewan and Alberta's are lower), and B.C. has a shot at balancing the budget in 2013 - 14 — along with Saskatchewan, Quebec, and Nova Scotia.

Now that conservatives complained about the $ 1.3 trillion catchall spending bill — which blew through previous budget limits by $ 300 billion over this year and next, House GOP leaders have scheduled a vote this week on a proposed amendment to the Constitution to require a balanced federal budget.

The legislation, called PROMESA, would create a federal oversight board to help Puerto Rico governments balance their budgets, improve financial reporting and facilitate debt restructuring when voluntary agreements between creditors and borrowers can not be reached.

But like many would - be entrepreneurs, I don't know much about balance sheets, cash flow, marketing budgets, ad sales, or other essentials for running a company.

Republican Presidents, including Trump, have promised to balance future budgets with gigantic reductions in discretionary spending, a category that includes both outlays for defense, and all other areas that are voted each year (as opposed to entitlements that provide benefits guided by a fixed formula).

The boom years for employment and balanced federal budgets in the 1990s had everything to do with the emergence of the Internet rather than with any enlightened economic policies.

Now that Puerto Rico's Governor Ricardo Rosselló has introduced a fiscal proposal that will cope with the island's debt and balance the budget, and our decisions are being disciplined by a federal fiscal control board, we need to start thinking about what it will take to create a sustainable economy where more companies like Señor Paleta can grow.

There is plenty of time to introduce these commitments in future budgets: they came with the proviso they would not be implemented until the budget was balanced, which the Department of Finance forecasts will occur in fiscal 2015 - 2016.

The economic landscape since then has clouded over considerably, suggesting that the achievement of a balanced budget by fiscal 2015 - 2016 could be too rosy an assumption.

A GfK Roper poll sponsored by the Associated Press and conducted around the same time showed 69 % felt taxes would have to be increased to balance the budget, compared to just 29 % of Americans who felt it could be balanced without raising taxes.

Ronald Reagan spent much of 1981 and 1982 claiming that economic growth would balance the budget.

The slump has left the province facing a budget deficit and Prentice in the tough position of balancing the books while maintaining his commitment not to hike taxes.

Page 287 of the 2014 Budget has an estimate that a 1 - percentage point decrease in GDP growth would reduce «the budgetary balance by $ 3.7 billion in the first year, $ 4.5 billion in the second year and $ 6.0 billion by the fifth year.»

While Frankel may not have much experience with philanthropy, she says she excels at organizing large events and balancing budgets.

When Liberal Leader Justin Trudeau made comments about the budget being able to balance itself if economic growth were higher, I paid little attention, as Canada's budget deficit is relatively small and I have heard many others make this claim.

«The improvements in Portugal's general budget balance have been rather remarkable,» she said.

As we have promised, our Government remains committed to balancing the budget in 2015.

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

The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.

Furthermore, the government has set itself a second to - do list to accomplish once the budget is balanced.

Before incorrectly blaming the Fed and the ECB for their allegedly ineffective monetary policies, investment strategists would do well to reflect on the depressive impact of an unreasonable haste to balance budgets, and on political leaders» inability to strengthen the financial systems (in the U.S. and in Europe) and to negotiate a better balanced world economy.

«Theoretically states have to balance their budgets, but they never do.

The recommendation that Ottawa should delay its efforts to balance the budget and spend on infrastructure to create jobs has been advocated by left - wing economists, but Scarth's report is not so easily pigeon - holed.