Sentences with phrase «billions in government spending»

The party plans to find $ 1.3 billion in government spending cuts (just like the Liberals, but in a shorter time frame), which would be achieved partially through a hiring freeze in the public sector.

He cavalierly promises to cut close to $ 6 billion in government spending if he becomes premier after the June 7 provincial election.

The statement did not mention the extra government stimulus that has been added since the Fed's most recent economic forecast in the form of a $ 1.5 trillion tax cut and a budget agreement that will add $ 300 billion in government spending over two years.

Not exact matches

Here is how the small - business agency is going to be affected by the $ 85 billion in government - spending cuts that will go into effect starting Friday.

The government did pledge $ 47 billion to infrastructure spending over the next 10 years and extended the accelerated capital cost allowance for manufactures — a tax relief program for investments in new machinery and equipment — by two years, which means stock holders could get a boost if public companies are able to take advantage of this spending and savings.

To try to stop the destruction before the Great Barrier Reef — the largest, most extensive reef system in the world — is no more, the Australian government has announced that it plans to spend more than half a billion Australian dollars (about $ 379 million USD) on improving water quality to protect coral reefs; reef restoration; and helping to fight predatory starfish.

What will come of Trump's promise to turn a $ 200 billion federal government investment into $ 1.5 trillion in infrastructure spending, with the rest coming from the private sector?

In a February address to Congress, Trump called for a $ 200 billion federal investment intended to spur at least $ 1.5 trillion in spending from state and local governments over 10 years on roads, bridges, ports and other projectIn a February address to Congress, Trump called for a $ 200 billion federal investment intended to spur at least $ 1.5 trillion in spending from state and local governments over 10 years on roads, bridges, ports and other projectin spending from state and local governments over 10 years on roads, bridges, ports and other projects.

Similar criticisms were levied at the U.S. government in the 1940s, when the debate was over whether billions should be spent on building a national interstate highway system.

Chinese spending on German firms more than quadrupled between 2008 and 2011, cracking the billion - euro mark in 2011, the latest German government figures show.

The government in China recently announced that they are prepared to spend nearly $ 5 billion in the country's microchip sector.

The Harper government is moving the goalposts to create a playing field that puts the Canadian big three telcos at a distinct disadvantage after spending billions creating that same playing field in wireless infrastructure.

Perth company director Sharon Warburton has been named as the incoming chair of a soon - to - be-established federal government fund that will have $ 5 billion to spend on infrastructure in northern Australia.

To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.

T - Mobile spent $ 8 billion in a government auction of airwaves earlier this year.

The $ 89.9 billion awarded to small - business contractors in 2012 is 22.25 percent of more than $ 400 billion spent by the U.S. government that year.

Only this January, following the threat from the opposition parties to form a coalition and wrest control of Parliament from the Conservatives, did the government unveil a $ 35 - billion stimulus package including $ 18 billion in infrastructure spending.

Hundreds of billions of dollars in new government spending will reach small firms, either directly in federal contracts or indirectly as this money makes its way through the economy.

The cliff is a combination of expiring tax breaks and automatic spending cuts that could remove up to $ 720 billion of government stimulus from the U.S. economy starting in January, all of which has prompted various doomsday scenarios.

Program spending was up $ 8.3 billion, or 3.3 per cent, due to increases in major transfers to persons and other levels of government and direct program expenses.

The Liberal government made promises in previous budgets to spend $ 7.5 billion over 11 years to help ease the burden of child - care costs.

The Trump administration is preparing to release an infrastructure plan in the coming weeks that reportedly includes at least $ 200 billion in federal spending that would jumpstart investment from the private sector, and state and local governments.

That billion dollars the government is spending is from Medicare Part D, a program for elderly Americans (not infants) that spent more than $ 500 million on the drug in 2015 alone.

The Ministry of Economy, Trade and Industry will spend 19.5 billion yen ($ 173 million) on the previously unreported project, a budget breakdown shows, as part of a government policy to get back Japan «s mojo in the world of technology.

The «Shark Tank» investor writes in a blog post that the government should spend $ 100 billion to create and build robots.

Local governments, especially those outside mega cities like Beijing, Shanghai and Guangzhou, spent at least 8.6 billion yuan ($ 1.3 billion) subsidizing airlines in 2016, mostly for them to start direct services to far - flung places such as New York and Paris, according to data compiled by Civil Aviation Data Analysis.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

It has spent $ 280 billion intervening in government debt markets since May 2010.

As you can see, although Alberta was the worst offender in terms of the discrepancy between how big the government predicted the deficit was going to be in fiscal 2013 ($ 882 million) and how big it expects it to be now ($ 3.9 billion), it is still the only province without net debt (that is the accumulated total of annual deficits, which, in turn, result from the government spending more than it generates in revenues every year).

On December 22, 2017, the Ministry of Science and ICT announced «The Plan for Innovation Growth» whereby the government committed to spend 1.56 trillion won (approx. 1.53 billion USD) on AI and related sectors that will prepare Korea for the «fourth industrial revolution» in 2018.

Protecting major transfers to persons, spending on health and education and other spending such as that for Aboriginal programs, research and development, and assuming you won't revisit defense and international assistance, then to find an additional $ 8 to $ 11 billion by 2015 - 16 would require major cuts in labor market programs, spending on the homeless, infrastructure programs, and last, but certainly not least, government personnel costs.

This means that if the federal government repairs the Champlain Bridge for $ 5 billion (which could be borrowed in financial markets in the first year of work) there would be no charge to the federal government spending in the federal budget until the bridge is repaired and vehicles are operating on it.

Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.

The decline in «voted» spending — the spending over which the government has the most discretion — declines by only $ 4.4 billion.

The U.S. media somehow neglect to mention that the U.S. Government is spending hundreds of billions of dollars abroad not only in the Near East for direct combat, but to build enormous military bases to encircle the rest of the world, to install radar systems, guided missile systems and other forms of military coercion, including the color revolutions that have been funded and are still being funded all around the former Soviet Union.

In 2012 - 13, the Government increased overall spending by $ 7.1 billion through the tabling of Supplementary Estimates, of which $ 6.7 billion was for voted expenditures, thereby bringing total voted expenditures for 2012 - 13 to $ 98.7 billion.

In the media briefing following his meeting with private sector economists on October 28th, the Minister of Finance stated that the lower than expected deficit outcome for 2012 - 13, of $ 6.9 billion, was due to the Government's «tight control over spending ``.

The negotiation of a «fair» agreement for taxpayers with Quebec's 430,000 public workers, whose payroll absorbed 59 per cent — or $ 37.3 billion — of government spending in 2013 - 14.

The Federal Government will spend almost $ 1.1 billion in the next four years to promote business - based research, development and innovation.

If the next government were to let direct program spending increase with GDP after the current fiscal year, it would have to find an extra $ 6.6 billion in 2016 - 17, $ 9.4 billion in 2017 - 18 and $ 11.3 billion in 2018 - 19.

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.

The government, it said, remained on course for a # 10 billion surplus in 2019 - 20, but only by delaying capital investment, promising further cuts in spending on public services, and bringing forward a one - off boost to corporation tax receipts into 2019 - 20.

The U.S. government's spending on construction tumbled 14.2 % to $ 23.49 billion in 2013, the Commerce Department said Monday.

The government had a monthly deficit of $ 215 billion in February, up 12 % from the same month last year due to lower revenue and higher spending.

Other direct program spending, consisting of operating expenses for Crown corporation, defence and all other departments and agencies, increased $ 2.3 billion (4.2 %), primarily reflecting increases in federal government employee pension and other future benefit liabilities, reflecting the impact of lower interest rates.

According to the Main Estimates, tabled by the President of the Treasury Board, on June 3rd, along with Supplementary Estimates A, spending by the federal government for 2011 - 12 is forecast to be $ 252.8 billion representing a DECLINE of $ 14.1 billion from spending in 2010 - 11.

The Victorian government has unleashed a record $ 13.7 billion infrastructure spending spree in Tuesday's budget ahead of this year's state election, mostly across road, rail, hospitals and schools to meet the state's booming population.

An additional $ 5 billion to $ 8 billion for Harvey could be tucked into a catch - all spending bill Congress must pass in the coming weeks to fund the government past Sept. 30, according to the senior House Republican.

Overall, the government will face $ 600 billion in spending cuts and tax increases on January 1.

To date, OpenTheBooks.com has captured 3.5 billion government - spending records, including nearly all disclosed federal government spending since 2000; 48 of 50 state checkbooks; and expenditures in 60,000 localities across America.