Sentences with phrase «budget balance over»

Not exact matches

We aim to create 25 million new jobs over the next 10 years, secure Social Security and Medicare for the next 75 years, balance the federal budget by 2030, and make America energy - secure by 2024.
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.
After declaring victory over the recession in 2010, Harper set a path to balance the budget in time for the 2015 election.
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.
He favors passing a balanced budget amendment, as well as giving Congress audit authority over the Federal Reserve.
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.
The best fiscal rules are more flexible, promising to keep the structural deficit in check, for example, or pledging to balance the budget over a number of years.
«Being of Irish heritage, I know that what he must be thinking is that there's a pot of gold at the end of the rainbow and over St. Patrick's Day I'm sure he'll search out a leprechaun to lead him to that pot of gold so that he can balance the budget,» Flaherty said.
Conservatives have since mocked Trudeau relentlessly over the «budget will balance itself» quip.
The structure that is currently in place should ensure a balanced budget and growing surpluses over time, provided the significant downside risks in the U.S. and the EURO area do not materialize..
Even when announcing in November that the federal deficit would come in at $ 26 billion, $ 5 billion higher than predicted in the 2012 budget, the minister couldn't resist gloating: «Unlike many of Canada's counterparts in the G7, we remain on track to return to balanced budgets over the medium term.»
Even with this adjustment, we believe that the outlook for direct program expenses in the outer years is understated, putting the achievement of a balanced budget over the medium term at even greater risk.
Canada's economy will not fully recover until 2013 and the federal government will carry a structural budgetary deficit of C$ 19 billion ($ 17.6 billion) after the crisis, a report by the parliamentary budget officer said on Monday... «PBO calculations continue to suggest that the budget is not structurally balanced over the medium term,» the report said.
Fifth, to meet the commitment to balance the budget over the medium term, the Government implemented various spending restraint measures.
As a result, the impact of capital spending on the budgetary balance is spread out over its economic life, thereby minimizing its impact on the budget balance.
The Budget also noted that once the EI Operating Account returns to balance, the CEIFB is to set a rate for each year that would generate enough premium revenue over the next seven years equal to the forecast cost of the EI program during that period.
Will the budget need to be balanced over an economic cycle?
In light of recent developments, too bad Harper didn't stick to his 2011 commitment — to balance the budget over the medium term, without specifying a specific year.
Originally, the Harper government seemed to understand this and committed only to balancing the budget over the medium term, without specifying a date.
This means that over the balance of the current fiscal year, the government only needs to post a surplus of $ 3.3 billion in order to balance the budget in 2014 - 15.
On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.
The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.
Lately, the balanced budgets that they promised maniacally turned out always to be just over the horizon.
As the House and Senate move forward in considering the Fiscal Year (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC) continues to tout its alternative, which aims to balance the budget in six years and reduce the ten - year deficit by $ 9.1 trillion.
The government continues to predict balanced budgets over the three - year term, though there is a significant change in the debt profile of B.C., notably our taxpayer - supported debt, which is scheduled to increase more than 17 % over the next three years.
The Minister claimed that the «International Monetary Fund's annual review of Canada's economic developments and policies, which strongly supports the Government's plan to return to balanced budgets over the medium term».
Yeah, I know he has Washington experience, but he has spent the last four years cutting taxes, balancing the budget, and presiding over a state with a lower - than the - national - average unemployment rate.
lets all thank arsene for finally doing the right thing only time will tell but have we finally signed the DM we need STRONG MINDED NO HOLD BAR MIDFIELDER WE HAVE ALL CRAVED, but lets take it back we all know it will take 2 or 3 more like minded players to make us great again, he has tricked us all buy buying one superstar in the last 3 windows ALEXIS, OZIL and CHEC great players but can't do it all on their own, spending huge amount of money and saying we can buy the best players, on the surface this looks great we are buying top top players big prices but instead of spending his usual 50 mill on 2, 3, 4, 0r 5 players he has pulled the wool over are eyes with 1 superstar thinking the fans are that dumb enough to believe it, infact he has never spent his budget only balanced on sales too purchases, i love arsenal but this summer i hope for more he needs to do that consistently through out the team spend the same amount on the team stop balancing the american owners, grow a pair say yes we will buy a top defender and a world class striker, stan we love arsenal please be one of us do whats needed then you will fell proud as we are and we will adore you for it.
This is the commitment that we will balance the cyclically - adjusted current budget over the coming five years.
We need a balanced budget rule: the government's income and spending has to balance over something like a five - year period.Unlike Gordon Brown's failed «over the cycle» rule, which all depends on how he defined «the cycle».
Ryan's proposal again calls for significant changes to Medicare and Medicaid to balance the budget over the long term — a recommendation that proved toxic in the NY - 26 special election and helped propel Democratic Rep. Kathy Hochul to victory in the GOP - dominated WNY district.
[1] Although this revenue is essential to keeping the State's budget in balance, the case for preferring the two major HCRA taxes over other broad based taxes has eroded over the last 20 years.
What unites all members of the Reform Party is our drive for clean, responsible government, a balanced budget and an end to the runaway spending that has pushed our national debt to over $ 12 trillion.
In her campaign material, Ms. Burke - Gonzalez wrote of how confidence in town government has been restored over the past four years, citing the town's recent budgets, which she said were both balanced and socially responsible.
«NIFA has disallowed over $ 60 million in contingency revenue sources that we proposed and that municipalities around the state routinely use to balance their budgets, creating a budget crisis that does not exist in reality, but allows NIFA to unfairly continue its control of county finances,» she said.
Hein, who has employed similar tactics, usually stashes enough of a nest egg to rebuild the fund balance over the course of a budget year.
To balance the state's budget over the long term, we first need to bring spending under control, and within our means.
Faced with a $ 40 million budget gap, he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, built a budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.
«That is why he makes a point to let his community know about his role in balancing the budget and restoring funding to numerous initiatives in the community and around New York over the past four years.»
The report found overall operations are being managed effectively, but over the past three years, officials have not developed balanced budgets, and as a result, the library has experienced operating deficits.
According to Bob Salierno, assistant superintendent of business, an $ 800,000 carry - over from the current budget, plus $ 200,000 from the employee retirement fund helped the school district balance its budget.
Suffolk County Executive Steve Bellone has signed a 2014 budget previously amended by county legislators earlier this month, though the amended plan has environmental groups preparing to sue over how the county is balancing its books.
Another interesting point from these numbers is that the last year a 100 % tax on income over $ 1m would have balanced the budget was 2007, when the deficit was around $ 160B.
Budgets in New York have a habit of falling out of balance over the last several years, necessitating lawmakers to return to Albany after the regular session is completed in order to plug the leak.
Although members of the NIFA board declined to talk publicly Wednesday, sources say sentiment is strong among the six directors to vote to take over Nassau County's finances when they meet again on Thursday, with Conservative George Marlin and chairman Ronald Stack the most concerned about the county's budget being out of balance.
In 2003, over the Governor's vetoes, the Legislature closed the state's budget gap in a much more balanced manner than New York State had pursued in the early 1990s, and the state is now enjoying the benefits of those choices.
Such decisions are the painful consequence of prioritising a balanced budget over a balanced economy and society.»
A budget analysis released Wednesday by Comptroller Tom DiNapoli's office raised concerns over language in Gov. Andrew Cuomo's proposed $ 168 billion budget that could weaken checks and balances over public spending.
- GDP per capita is still lower than it was before the recession - Earnings and household incomes are far lower in real terms than they were in 2010 - Five million people earn less than the Living Wage - George Osborne has failed to balance the Budget by 2015, meaning 40 % of the work must be done in the next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds of poor children fail to achieve the basics of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long - term youth unemployment of over 12 months is nearly double pre-recession levels at around 200,000 - Pay of young people took a severe hit over the recession and is yet to recover - The number of students from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a decade
Facing a $ 40 million budget gap he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, built a budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.
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