Sentences with phrase «balanced fiscal position»
«There is no rational economic reason, for a currency - issuing government, to think that a balanced fiscal position is responsible, desirable or even possible.
http://www.progressive-economics.ca/ Not exact matches
«Our government is committed to balancing the budget in 2015 — period,» he said, adding that «maintaining a sound fiscal position» is the most important thing this government, or any, can do to help the economy.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
In terms of balancing this objective with prudent fiscal planning, however, a tax reduction plan half this size would have still been the largest state tax reduction in history but New York would have been much better positioned to weather the fiscal storms of the last several years and to meet the state's priority investment needs.
Ms. Carpenter, a Republican, has also argued that consolidating the positions would rob the county of necessary checks and balances when it comes to fiscal matters — although, last we looked, those checks and balances haven't worked so well in recent years in Suffolk County, which faces massive budget deficits.
Using financial indicators that include year - end fund balance, cash position, short - term borrowing and patterns of operating deficits, DiNapoli's monitoring system creates an overall fiscal stress score which drives the classification.
Included in the Capitol Update this week: * Thank You Senator Liu * Local Control Funding Formula FAQ * CDE Smarter Balanced Assessments Field Test Update * LAO Forecast: State's Fiscal Position is Strongest in a Decade * Happenings: Updates and Deadlines
De La Paz advised the board that it was in the position to dip into its fund balance, as it has done in the past, and do so without jeopardizing the system's fiscal health.
The reduction in the Company's net cash position from the balance reported at fiscal year - end May 31, 2016 of $ 393.4 million was primarily due to normal seasonal working capital requirements in its first fiscal quarter as the Company builds inventories in advance of the school selling season, as well as increased investment, mainly in the form of royalty advances, for an expanded frontlist of titles and licensed product.