Sentences with phrase «billions of public money»

Up to # 2.5 billion of public money is being wasted by the Ministry of Defence (MoD) every year, according to reports.
Up to # 2.5 billion of public money has been wasted by the Ministry of Defence (MoD), according to reports.
Unite has urged the government to invest the economy to good health through housing and infrastructure projects and by compelling the banks to use the # 350 billion of public money they are hoarding to support businesses in need.
Manhattan U.S. Attorney Preet Bharara is reportedly probing the joint schools board and the $ 1.5 billion of public money it spent.
We are trying to make the spending of $ 1 billion of public money transparent, and Cuomo and Co. are clearly not on board.
In May, shortly before the Crewe and Nantwich by - election, Alistair Darling forked out # 2.7 billion of public money - paid for by borrowing - to cobble together a rescue package for the 10p tax debacle.
«However, despite repeated commitments to non-light water reactors, and substantial investments by NE (more than $ 2 billion of public money), no such design is remotely ready for deployment today.»
The document is also expected to provide some details on the government's infrastructure program, to which Ottawa has already committed $ 120 billion of public money over the next decade.

Not exact matches

Plus, they spend an additional $ 1.1 billion of their own money on emergency room visits and public health insurance programs that could be mitigated with paid leave policies.
for Transport, the public must question every major transport project as spending 2.2 billion dollars on the Forrestfield - Airport rail link is a grotesque waste of money which can not be justified with our very low population density and simply needs an efficient bus system at a fraction of the cost similar to that servicing Melbourne's Tullarmarine Airport.
Furse noted that money raised from initial public offerings on the LSE and its secondary market AIM, totaling 29 billion pounds ($ 57.4 billion), was the highest in the world and more than that of the New York Stock Exchange and Nasdaq combined.
CBS Radio brings in more than a billion dollars in revenue from about 50 million listeners, Henn said, and the public radio universe generates about the same amount of money from pledges and donations, as well as advertising and grants.
Here's another good story: When Facebook (fb) went public, it was already gushing money, posting a net profit of $ 1 billion on sales of $ 3.7 billion in 2011, the year before its IPO.
That money propelled Compass to a $ 2.2 billion valuation — it remains the only brokerage to be valued at north of $ 1 billion — and further fueled talk of it going public.
We saw in 2008 how weak links in the mega banking chain spilled out across Wall Street because of the invisible linkages to other banks and financial firms unknown to the public — like the fact that the big insurer, AIG, was the backer for tens of billions of dollars of credit default swaps while having no money to pay off the bets it had accepted from the biggest Wall Street firms.
 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).
Despite the fact that the city's meter lease brought in $ 1.16 billion, and the Park District's new fees may bring in as much as $ 1.5 million a year, none of this money has been committed to increasing and improving the city's public transit.
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.
He is known as a committed advocate for public education, and co-founded the Campaign for Fiscal Equity, which won billions of dollars for city schools from the state, though most of that money has never materialized.
But critics on both the left and the right say Cuomo is failing to address the bigger picture — whether the $ 8.6 billion worth of programs are an effective use of public money.
Among the Buffalo Billion related questions were the review of Joe Percoco's disclosure form revealing outside income from Buffalo Billion vendors, details of Cuomo's last conversation with Percoco, the recent disclosure by Solar City of a reduction in the expected number of jobs, why the Public Authorities Control Board delayed a decision of funding certain payments related to Solar City and whether public money funding the Buffalo Billion was treated «as sacred» and if so, why an investigation is occuPublic Authorities Control Board delayed a decision of funding certain payments related to Solar City and whether public money funding the Buffalo Billion was treated «as sacred» and if so, why an investigation is occupublic money funding the Buffalo Billion was treated «as sacred» and if so, why an investigation is occurring.
The SolarCity project in Buffalo has received nearly three quarters of a billion dollars in public monies, and the company, owned by Elon Musk, did not have to make any investment.
Firstly, we're creating the conditions for green growth, investing billions of pounds of public money into a low - carbon infrastructure and undertaking reforms designed to attract greater amounts of private investment into the green economy.
Governor Cuomo is making some changes to prevent any future bid rigging in some of his major economic development projects, but critics on both the left and the right say the governor is failing to address the bigger picture — whether the $ 8.6 billion dollars» worth of programs are an effective use of public monies.
The administration said it has invested $ 1 billion worth of public money toward this effort, which has, in turn, leveraged $ 2.8 billion in private investment and created 12,000 jobs.
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 alone.
Billed as the salvation of depressed Western New York, the Buffalo Billion sent taxpayer money into the hands of Cuomo donors, with little - to - no benefit to the public.
The move, agreed with leaders of the region's 10 councils, will give local politicians greater control over billions of pounds of public money,
What was bizarre about the HCRA tax was that all this money, billions and billions of dollars flowing into the state and flowing back out again for more than 20 different public health programs by the early 2000s, almost none of it was on the books.
We don't need to waste a billion pounds of public money on this dinosaur road.»
While Cuomo is not accused of wrongdoing and isn't expected to testify, the charges against Percoco have damaged both his image as a reformer and one of his signature policy initiatives, the investment of billions of dollars in public money in to upstate economic development programs.
«We live in a representative democracy, and the governor and the Legislature are going to make a decision on $ 160 billion - plus of public monies,» he said, referring to the state budget.
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.
The state DOT has billions of dollars at its disposal to spend on capital projects but doesn't tell the public what it plans to do with the money.
A report by the public accounts committee found that by cutting staff by 3,300, HMRC failed to claw back an extra # 1.1 billion of money it was owed, raising questions about whether spending cuts are becoming self - defeating.
But the majority of lobbyists in the UK's # 2 billion public affairs industry work in - house for large organisations or for agencies, raising value - for - money questions about the estimated # 50,000 initial annual cost of the register.
Business News of Monday, 14 May 2018 Source: www.ghanaweb.com Former Governor of the Bank of Ghana, Dr Nashiru Issahaku It is completely false, claims that the former NDC administration intended to invest a whopping GHC4.6 billion of public funds into the Mobile Money Interoperability (MMI) service during the party's term in office, Former Governor of the Bank of Ghana, Dr Nashiru Issahaku has said.
Indeed, in his efforts to raise a billion dollars of private money, Obama became the first presidential candidate in the general election in over 30 years to back out of public financing, an idea which is now more or less kaput.
Over the years, billions of dollars have been allocated to restoring the Great Lakes — whether its money spent cleaning up pollution, preventing invasive species, or educating the public.
The real estate people stand to make billions off killing or limiting rent control laws in NYC and the charter school charlatans are chomping at the bit at the prospect of putting an obscenely huge chunk of public education money in their pockets.
«Now that the bank is 60 per cent public owned and has received so many billions of pounds in public money these unacceptable practices must stop.
But they are gatekeepers to a pool of public money which thus far has yielded $ 4.6 billion in grants statewide.
«As if the billions of dollars of consumer money gifted in subsidies to the nuclear industry weren't enough, now we find out that another $ 700 million in public assets will be handed to Exelon in order to sweeten the deal for their purchase of FitzPatrick.»
But critics on both the left and the right say the governor is failing to address the bigger picture, whether the $ 8.6 billion worth of programs are an effective use of public monies.
Daudu, who was first arraigned in April 2010, was prosecuted by the EFCC on a 208 - count charge bordering on money laundering and misappropriation of public funds to the tune of N1.4 billion.
«A decade ago, New York's highest court ruled that our state must hand over billions of dollars to improve public education — but that money has not materialized,» said Zakiyah Ansari, the advocacy director of the Alliance for Quality Education, which organized the Jan. 10 press conference on the City Hall steps to kick off the lobbying push.
SYRACUSE, N.Y. - Anticipating a «feeding frenzy» over New York state's $ 5 billion windfall, a dozen public officials, union leaders and contractors gathered this morning at Syracuse City Hall to advocate spending all of the money to repair roads, bridges, water pipes and other infrastructure.
IT IS one of the planet's last true wildernesses, yet a handful of the world's wealthiest nations are plundering its riches to satisfy the appetites of luxury consumers — all with the help of billions in public money.
A study published today, by a group led by the International Institute for Applied Systems Analysis (IIASA), indicates that eliminating fossil fuel subsidies could curb global greenhouse gas emissions by as much as 5 % through 2030 while saving hundreds of billions of dollars in public money.
The New York State legislature this month passed a $ 462 - million increase in state aid to public schools, bringing to nearly $ 1 billion the amount of new money it has invested in elementary and secondary education in the past two years.
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