Sentences with phrase «budget deficit in»

But $ 9 million is a lot to negotiate - especially at a time when the state is facing a budget deficit in excess of $ 1 billion.
The Conservative government pledged on Thursday to close tax loopholes and curb spending to erase its budget deficit in time for the 2015 election, even as it found new cash for infrastructure spending and manufacturers.
The other looming problem is the budget deficit in the US and resulting spending cuts.
According to Bloomberg, Saudi Arabia's government relies on oil for at least 80 % of its revenue and faces its biggest budget deficit in nearly 30 years (20 % of GDP, according to an estimate by the International Monetary Fund).
Just last year, when Bridgeport was facing a $ 3.5 million budget deficit in its school budget, Malloy, with the approval of the Connecticut General Assembly, gave Bridgeport a $ 3.5 million «forgivable loan.»
«With the support of the Municipal Council, State Legislators, and advocates for both traditional public schools and charter schools, we asked Governor Christie for $ 36 million to cut the $ 72 million Newark Public Schools budget deficit in half.
As a result of inadequate funding and poor management, Barnes left a huge budget deficit in place when he moved on to become Malloy's budget director.
For example, the Cincinnati, Ohio, Public School District was $ 21.7 million over budget in the 2003 - 2004 school year and projects a $ 48 million budget deficit in 2007 (Mrozowski, 2004).
Today, Wisconsin is again at the forefront of a union battle - this time in Republican Gov. Scott Walker's effort to cut his state's budget deficit in part by curtailing collective bargaining for teachers and other public employees.
Although no state funding has been allocated for the Capital Harbor Charter School in Bridgeport and the state of Connecticut is facing a $ 1.4 billion budget deficit in next year's state budget, Perry's New York application makes it clear that he is expecting Malloy to cough up millions of dollars so he can open his Bridgeport operation and collect his management fees.
More than 90 per cent of headteachers expect their schools to rack up an unmanageable budget deficit in the near future, a poll has revealed.
Just a month after the 2012 general election, the Governor called the outgoing members of the Connecticut General Assembly into a special session to address a projected budget deficit in the Fiscal Year 2013 State Budget.
In the 2010 - 11 school year, 55 percent of Cleveland schools (district and charter) were in academic watch or academic emergency... [the Cleveland Metropolitan School District] faces a $ 64.9 million budget deficit in 2012 - 13... [and] more than 30,000 students have left the CMSD over ten years.
A $ 3 billion budget deficit in Florida could mean the loss of $ 50 million in state biomedical research funding.
George Osborne is now saying - in the wake of what we must hope was Labour's last Budget - that we will reduce the budget deficit in our own way.
Osborne told MPs that Britain had the largest structural budget deficit in Europe at # 109bn, he said, with # 43bn in debt interest paid back each year.
A Treasury spokesman said: «We are determined to tackle the record budget deficit in order to keep rates lower for longer, protect jobs, and maintain the quality of essential public services.
«Since unveiling his strategy to reduce the UK's yawning budget deficit in 2010, George Osborne has faced immense pressure to change tack.
It takes time to understand how the party that preached «prudence with purpose» left government with the largest Budget deficit in our peacetime history.
Gov. David Paterson speaks about the state's budget deficit in November.
The Kentucky Senate hopeful told CNN Chief National Correspondent John King that he thought having a budget deficit in excess of $ 1 trillion was «an extreme idea.»
Their own audit of Scotland's public finances confirms they would have struggled from the start with a fiscal crisis under the burden of the highest budget deficit in the western world.
12:06 - «What he left was the biggest budget deficit in Britain's peacetime history,» Cameron replies, predictably.
First up: The state's estimated $ 4.5 billion budget deficit in the new year.
Shadow Chancellor Ed Balls said he was «surprised» that his party leader forgot to mention the budget deficit in his keynote speech to the Labour conference.
«We know they're facing a $ 4 billion budget deficit in addition to the issues associated with the impact to New York by the federal tax reform bill,» said Poloncarz.
After the reported drop in revenue from the red light camera program, the Nassau County legislature increased the administration fee attached to the fine by 50 percent to close a budget deficit in 2015.
Facing an estimated $ 15 billion budget deficit in 2016, Nigeria's finance ministry has said it is looking to borrow as much as $ 5 billion.
The city faces a $ 4 billion dollar budget deficit in the next fiscal year.
State - level tax cuts could be a tall order, with New York already facing a multi-billion-dollar budget deficit in the coming fiscal year, which begins in April.
NIFA, which calculated a $ 176 million budget deficit in January, last week estimated Nassau's fiscal «risks» at $ 118.8 million despite Mangano's efforts to cut costs through layoffs, early retirements and a police reorganization.
However, with such a budget deficit in the tough economic times we have, we could lose support as a government - allowing them to start rebuilding in the first election after Dave becomes PM.
Supporters of the merger affirm its effort to alleviate Syracuse's dire fiscal state, which includes a $ 12.1 million budget deficit in 2016 - 17 fiscal year.
He's already attempting to raise $ 1 billion in new revenues to help bridge a $ 4.4 billion budget deficit in negotiations with state legislators.
While voters are nearly evenly divided between the two candidates on most issues, Hayworth is viewed as stronger on taxes and the federal budget deficit in a district that favors repealing health care and retaining the Bush tax cuts for the wealthy.
Whether we're talking about the «squeezed middle», the «cost - of - living crisis» or cutting the «biggest budget deficit in our peacetime history», it's fair to say that many Brits will be feeling pretty taxed already by the time the chancellor stands up to deliver his budget speech on Wednesday.
The budget deficit in IMF's article four is projected to be 3.8 %, so ladies and gentlemen, next year, let us be assured that there is going to be «ahutsere» — severe austerity equivalent to 1983; you should expect that,» he stressed.
The budget deficit in IMF article 4 is projected to be 3.8 so ladies and gentlemen next year, let us be assured that there will be severe austerity equivalent to 1983.
Anger is not a governing strategy, Bloomberg told reporters, as he strongly endorsed Cuomo as the right man to lead the state and grapple with its massive structural problems, legislative gridlock, gaping Medicaid costs and a yawning budget deficit in the double - digit billions.
We face the biggest budget deficit in our peacetime history.
Keeping the budget deficit in line should be a key objective of the Spanish government.
«When we look at $ 1 trillion dollar budget deficit in 2019, then each auction announcement is going to be somewhat incremental, adding and adding to the story,» said Ader.
Fedosejevs was part of a group of fusion researchers who requested $ 21 million from the Alberta government in 2009 to establish an Alberta - Canada Fusion Energy Institute, but their timing was poor, given that the province was about to announce its first budget deficit in 15 years.
Capital flows into the US are strong because of low private savings and large budget deficits in the US and elevated savings in China and other EM economies.»
Despite large budget deficits in major countries, long - term rates of interest remain remarkably low.
However with declining oil prices I can see huge budget deficits in countries like Emirates, Qatar etc..
One in five NHS hospital trusts is likely to report large budget deficits in the near future, with a «real risk» that many of them will fail, a new report warns.
The Citizens Budget Commission, a nonprofit financial watchdog group, in a report last week, predicted that even with the planned fare increases, the MTA stands to post budget deficits in the hundreds of millions of dollars in the next several years without a new revenue stream to fund the subway plan.
[10][14] Key parts of his plans are for «governors to identify plans to erase budget deficits in future years,» to cap state debt, and to require excess surplusses to be deposited into the «rainy day fund».
Apparently Britain has one of the biggest budget deficits in the western world.
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