Sentences with phrase «budget crisis last»

Gov. David Paterson addresses New Yorkers about the state budget crisis last week.

Not exact matches

The massive and multifaceted policy responses to the financial crisis and Great Recession — ranging from traditional fiscal stimulus to tools that policymakers invented on the fly — dramatically reduced the severity and length of the meltdown that began in 2008; its effects on jobs, unemployment, and budget deficits; and its lasting impact on today's economy.

Despite legislative reforms that have occurred since the last housing crisis, it's still possible to take on a home loan that stretches your budget to the max.

Borrowers issued the fewest bonds in Australia in almost three years last quarter as Europe's budget crisis roiled markets, driving up yield premiums, while the nation's banks used record term deposits to cut debt offerings.

During the last two years, a series of emergency budgets have been introduced to supposedly combat the effects of the economic crisis.

ALBANY — Gov. Andrew Cuomo didn't mention the epicenter of New York's water - quality crisis during his State of the State tour, waiting until last week's budget briefing, 39,000 words later, to address the crisis in Hooksick Falls.

About $ 600 million in last year's budget went toward restoring the cuts, made at the height of the state's post-recession budget crisis.

«New York failed to learn the obvious lessons from last year's budget crisis.

«Vince Cable said that the help - to - buy scheme unveiled in the Budget earlier this year could simply «inflate» the housing market as occurred in the last decade... The # 130 billion scheme has been heralded as a flagship measure... However, some economists and business leaders have voiced warnings about the scheme and Mr Cable — who previously warned about the dangerous levels of debt before the financial crisis - has now indicated he shares their concerns.

Following last year's General Election, the country faced a dreadful crisis in monetary, fiscal and financial terms: inflation was well below target; the budget deficit was of eye - watering proportions; and the banks were feeble and hesitant.

Republicans, with the aid of a few frustrated Democrats in the House and Senate, last month managed to pass a budget plan they insisted could solve the fiscal crisis.

Bloomberg said the city realizes how serious the state's fiscal crisis is, noting he's not asking Gov. Andrew Cuomo (whom he endorsed last fall) to spare the city from budget cuts, but merely to «ensure those cuts are fair, and to give us the ability to save money, so we can off - set some of those cuts.»

Thanks to «great teamwork» on the Town Board and the fortitude of Woodstock residents, the town had survived «a rough couple of years,» said the councilman, alluding to the fiscal crisis that loomed before the last local election, requiring painful budget cuts.

District officials were negotiating with banks and state education officials last week to stave off the crisis, which they project could leave them $ 26.6 million short — almost a quarter of the district's total budget — if they are allowed to continue operating until the end of the school year.

The stalemate over a solution to the Chicago schools» budget crisis continued last week, as a federal judge gave the system another 10 days to operate without a balanced budget.

The Chicago public schools are facing a budget crisis so severe that it threatens to shut down the system next fall unless the Illinois legislature comes up with more money, district officials warned last week.

The U.S. Supreme Court refused last week to hear a challenge by a group of Buffalo, N.Y., school unions to a state fiscal - oversight board's power to set aside labor contracts and impose a wage freeze to help the city and its school district emerge from a budget crisis.

It was a fiasco — albeit one that lasted several years before the Fairfax School Board voted it out during the budget crisis of the early 90s.

Last year, in response to yet another budget crisis, the state began phasing out its award of $ 5,000 a year for four years to teachers who earn National Board certification.

Gov. John Bel Edwards took to the airwaves last night, laying out his plan to address the state's budget crisis: «I don't say this to scare you.»

Last fall an Independent Financial Review Panel recommended a reduction of about 10,000 staff members, including administrators, classified and certificated personnel, for a savings of half a billion dollars a year for the district that faces a dire budget crisis.

Now, school administrators in Texas - whose fiscal crisis might be considered a year or two behind the Golden State - are using the same tactic after suffering a $ 5.4 billion cut in a budget agreement reached last summer.

Last - minute language inserted into a law passed in June forbade schools from building a budget that anticipated a crisis with revenue falling short of projections.

Crellin — which ranked as the state's No. 1 elementary school on achievement tests in 2010, according to The Baltimore Sun — was nearly shut down last year because of the district's budget crisis.

As we've written about in the last two blogs about the budget crisis, The Road Ahead, and Answers to your OUSD Budget Questions, OUSD has a history of overspending in multiple departments, and has not created budgets that accurately project its spending for the last few budget crisis, The Road Ahead, and Answers to your OUSD Budget Questions, OUSD has a history of overspending in multiple departments, and has not created budgets that accurately project its spending for the last few Budget Questions, OUSD has a history of overspending in multiple departments, and has not created budgets that accurately project its spending for the last few years.

Last week Peter and Terry Maxon talked about American Airlines» budget crisis.

In growing opposition to Federal Budget health measures, Aboriginal and Torres Strait Islander health leaders met in Canberra today for crisis talks about the implications of last week's Federal Budget and have called for proposed GP and other co-payments to be scrapped, saying they risk widening the gap between Indigenous and non-Indigenous health.

Despite legislative reforms that have occurred since the last housing crisis, it's still possible to take on a home loan that stretches your budget to the max.