Sentences with phrase «billions in public spending»

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.

Not exact matches

Given the billions in stimulus dollars that will be spent in coming years on infrastructure projects, demand for planners is likely to grow in lockstep with the flow of federal and provincial dollars to social housing, transit, public spaces and recreational amenities.

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.

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.

President Donald Trump is slated to speak about his $ 200 billion infrastructure plan in Ohio on Thursday, in his first public appearance since begrudgingly signing a $ 1.3 trillion spending package last week.

Research firm IDC says worldwide spending on public cloud services and infrastructure is on track to reach $ 277 billion in 2021, up from $ 160 billion in 2018.

This is further evidence that telecom players have a tough time competing in the massive public cloud space, where Amazon, Google, and Microsoft spend multiple billions of dollars a year on key infrastructure.

Publicly traded oil companies have lost billions in market value, and both public and private firms are moving aggressively to cut capital spending budgets for 2015 — laying off thousands of workers and shutting down hundreds of rigs.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

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.

Saudi Arabia's sovereign wealth fund, the Public Investment Fund, which has more than $ 224 billion in assets, spent about $ 54 billion on investments last year.

However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.

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 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 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.

In the Debate Mr Prentice tried to discredit the Wildrose by arguing that their numbers didn't «add up» and they couldn't possibly reduce public spending by $ 18 billion as promised.

Prior to founding Arlington Capital Advisors, Vann spent over a decade with the big four accounting firm Deloitte, starting his career in the audit services group working with both public and private companies from $ 250 million to $ 2 billion in revenue.

Spending $ 5 billion on public transit, building retrofits, renewable energy and so forth would generate many times more jobs than investing in the pipeline.

In recent years, the difference between spending in the Budget / Public Accounts and the spending in the Estimates has been about $ 40 billion annuallyIn recent years, the difference between spending in the Budget / Public Accounts and the spending in the Estimates has been about $ 40 billion annuallyin the Budget / Public Accounts and the spending in the Estimates has been about $ 40 billion annuallyin the Estimates has been about $ 40 billion annually..

- and how can we ensure preventative spending — early years spending, support for troubled families, public and mental health services, scientific research into new cures and treatments — areas where spending now saves billions in the future - is given a high priority.

The budget legislation keeps taxes flat, increases public education spending by $ 1 million, raises college tuition assistance and invests $ 2.5 billion in upgrades for the state's aging water infrastructure.

And that in itself was similar to arguments Michael Heseltine made long before, most recently in his «No Stone Unturned» paper for the Coalition government, which recommended devolving # 80 billion of public spending to the regions.

No, the leaders will no longer have to emerge from meetings to a gaggle of pesky reporters trying to ask simple questions about how $ 140 billion in public money will be spent.

Republican Senate Majority Leader John Flanagan nudged New York City Mayor Bill de Blasio to provide more information on how the city spends $ 9 billion in state funding for education as a precursor to considering an extension of mayoral control of public schools.

UK public spending was some # 711 billion in 2011; a saving of # 1.86 billion (0.26 %) would certainly have been welcome, but it's actually a pretty paltry reward for foregoing the ultimate backstop of national survival.

Changes could be on the way for the traveling public both in the air and on the ground if the $ 85 billion worth of spending cuts take effect as planned.

Reinvent Albany today praised four laws which go into effect today making billions of dollars in City spending more transparent to the public.

Of course, Thomas de Maizière and his Ministry need to explain why half a billion Euros has been spend largely in vain — but the public outrage has more to do with the general interest in drones than with the failed project.

The budget largely keeps taxes flat, increases public education spending by $ 1 million, raises college tuition assistance and invests $ 2.5 billion in upgrades for the state's aging water infrastructure.

«We spend $ 22 billion on the New York City public school system, so to say we aren't devoting resources is ridiculous,» Bloomberg said at a press conference at Washington Irving High School later Tuesday, where he celebrated the opening of 54 new schools in the coming school year, 19 of which will replace schools that have been closed.

It keeps the status quo when it comes to taxes, adds $ 1 billion in new public education spending and includes expanded child care tax credits and a new $ 163 million initiative making state college tuition free for students from families earning $ 125,000 or less annually.

«State government just squandered its opportunity to restore public confidence to the procurement process and shed light on billions of dollars in economic development spending.

The proposal would keep the status quo when it comes to taxes, add $ 1 billion in new public education spending and include expanded child care tax credits and a new initiative making state college tuition free for students from families earning $ 125,000 or less annually.

The government has made «significant progress» in its # 20 billion IT programme for the NHS, but its benefits must be better explained to staff, the public spending watchdog has warned.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

In 2001 when a shadow Treasury minister he had to go into hiding during that year's election campaign after claiming the Tories wanted to cut public spending by # 20 billion rather than the # 8 billion they had publicly stated.

He pointed out that around 40 % of the # 695 billion of annual public spending is spent on the elderly in his lecture for Premier Christian Media.

The measure with the public financing language is contained in the public protection, general government portion of the $ 138 billion spending plan.

In this climate of austerity and the need for public sector cuts, when so many are worried about the possibility that nurses, teachers and other such essential workers will be forced out of work as government tightens its belt, it is worth noting that # 2.8 billion of taxpayers» money was spent on consultancy fees in 2005 - 06 alonIn this climate of austerity and the need for public sector cuts, when so many are worried about the possibility that nurses, teachers and other such essential workers will be forced out of work as government tightens its belt, it is worth noting that # 2.8 billion of taxpayers» money was spent on consultancy fees in 2005 - 06 alonin 2005 - 06 alone.

[31] The spending included a record $ 1.8 billion aid increase to local school districts, and $ 2.5 billion in aid for construction projects at state and city public colleges.

Gov. Cuomo went on to explain how the government will spur private sector job growth and limit government spending by creating public / private sector partnerships that leverage state resources and assets to generate billions in economic growth.

The MTA has in the past approved multi-year, billion - dollar spending plans with little public oversight.

In all, the Democratic governor boasted that there will be $ 100 billion worth of investments in New York, counting some expenditures from last year, spending by public authorities and matching funds from the private sectoIn all, the Democratic governor boasted that there will be $ 100 billion worth of investments in New York, counting some expenditures from last year, spending by public authorities and matching funds from the private sectoin New York, counting some expenditures from last year, spending by public authorities and matching funds from the private sector.

Such measures include: broad expansions of executive authority to redirect or reduce funding after the enactment of the Budget and the shifting of billions of dollars in spending outside the Budget; the appropriation of significant amounts with little detail as to specific purposes or recipients; and reduction of the independent oversight of public resources.»

The sheer magnitude of continued «unspecified» spending cuts forced by the two percent spending cap — $ 1.7 billion in fiscal year 2017, $ 3.3 billion in 2018, and $ 4.8 billion in 2019 — will inevitably starve our schools and public universities and prevent our state from making the investments needed to expand opportunities for those struggling to lift themselves out of poverty.

The $ 77.7 billion spending plan, up 3.6 percent from last year, also includes a spate of new social programs that would aid homeless New Yorkers, spur prison reforms and expand literacy programs in public schools.

The Oneida Democrat notes the both the Senate and the Assembly budgets include almost $ 2 billion increases in public education spending over last year.

The government has made commitments to crack down on tax avoidance in order to ease the impact of public spending cuts, though the # 2 billion figure suggested by Mr Gauke was dismissed as insufficient by unions.

Come 2015 or whenever the next election is, Labour isn't going to go into the election pledging to spend # 1 billion on giving cash handouts to the richest 15 % of families, and in a fortnight there are # 12 billion in welfare cuts plus untold billions more in cutting public services which will be higher priorities to oppose and pledge to reverse.

And it's something Gov. Andrew Cuomo believes would be a disaster for the state, assuming billions of dollars in county Medicaid costs just as the state has pulled out of the recession and is trying to spend money on more education aid, free tuition at public colleges and upgrade aging water systems.