Sentences with phrase «budget hole in»

Deasy has warned that if sequestration is not ended, LAUSD would face a $ 350 million budget hole in the current school year.

New York is short $ 4.4 billion, and there's uncertainty over federal policies, including the overhaul of the tax code, that could leave the state with even a bigger budget hole in the future.

Not exact matches

Germany does not want to create unnecessary and expensive new institutions, especially since the British departure has left a big hole in the EU budget.

Russia, meanwhile, had broken its international isolation by attracting major foreign investors, filling a gaping hole in its budget.

On Tuesday evening — after Johnson had dismissed reports indicating he could resign — it was reported May would offer 20 billion euros ($ 24 billion) to fill a post-Brexit hole in the EU's budget, according to the Financial Times citing sources which could not be verified by CNBC.

Military rule will certainly not improve the nation's 8 % - of - GDP budget hole or its 72 % - of - GDP debt load, which is already well beyond the point that pushed Argentina to default on its international debt obligations back in 2001.

When the grant expires, there will be a $ 250,000 hole in the budget unless they find another donor, said Jose Ortiz, the Bronx Museum's deputy director.

President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the «massive» tax cut he promised without also blowing a massive hole in the budget?

The letter goes on to say that Chancellor George's Osborne's proposed emergency budget to plug the» # 30 billion ($ 43 billion) black hole» in the wake of a Brexit was «ludicrous,» and «scaremongering born of desperation.

The White House has yet to spell out how much of a hole the tax cuts could create in the federal budget, maintaining that the resulting economic growth would reduce — if not eliminate — the risk of a soaring deficit.

And it blew a significant hole in our budget once we decided he needed several days a week in local daycare to make new friends.

More than five years after the Great Recession tore a giant hole in their budgets, most states have made big progress in stabilizing their finances.

No responsible economist thinks that this package, including its giveaways to the most affluent, will somehow produce so much economic growth as to offset a $ 2.5 trillion hole in the budget.

Well, that's what they were busy doing during the Bush years which is why we are in such a huge hole, under Clinton we were making headway and had a balanced budget.

You've heard of the big black hole in the budget??

The Yankees have a CC Sabathia - sized hole in their rotation and budget, but if there's the slightest concern about a player wilting under pressure, even if it's poppycock, they might look to spend elsewhere.

Now hes failing horribly with a budget comparable to chelsea's (FFP), straight up ignoring gaping holes in our squad even though he has the finances to fill these holes, failing tactically week in week out and making the same mistakes, playing out of form players, playing players out of position.

But despite it likely to blow a massive hole in their budget Mourinho would move for Bale if he does come onto the market this summer.

The Chicago Park District board Wednesday approved a $ 400 million spending plan for next year's budget, which will include modest fee increases and cuts in spending to close a $ 22 million hole.

A transfer of funds in Cuomo's $ 152.3 billion executive budget proposal could blow a hole in the budget for the NYC Department for the Aging, potentially leading to the closure of dozens of senior centers.

«Either without our version or the version the governor put in the budget,» Heasite said when asked about the preference, «we'd have a serious hole in the budget.»

The free schools budget is out of control and the Secretary of State would rather sink another # 800 million into the black hole, rather than rein in spending.»

With Albany looking at another $ 9 billion budget gap to plug next year, the cycle of transit raids blowing a hole in the MTA budget is primed to start all over again.

DiNapoli said there's still a chance that Democrats in Congress, including U.S. Sen. and Democratic Leader Chuck Schumer, may restore the federal health care money before the end of the year, filling the potential new hole in the state budget.

The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to plug holes elsewhere in his budget.

The cuts would leave a multi-billion-dollar hole in the state budget, and affect New Yorkers who depend on the government to help with their health care.

(Back in the day, Gov. Mario Cuomo used it to plug budget holes, too.)

It appears that vast majority of the new tax will simply be used to shore up holes in the state budget.

New York, obviously, faces a different situation today as the faltering economy has led to a $ 3.5 billion hole in the state budget for the coming 2012 - 13 fiscal year, which begins April 1.

«Every opportunity is being given for military personnel to retrain either for alternative roles in the armed forces or in civilian life, but the simple fact is we have to tackle the massive deficit we inherited from Labour and the huge black hole in the defence budget,» he explained.

The budget, as presented is basically in balance, but Cuomo concedes that if the Republican congress repeals Obamacare and its related Medicaid subsidies, then the budget could have a multi-billion-dollar hole and «there's no contingency plan.»

Federal officials have reportedly confirmed that they are cutting off a major portion of funding for New York's Essential Plan, opening a roughly $ 1 billion hole in the state budget and raising new doubts about the future of a rapidly growing health insurance option for the working poor.

When Bloomberg came to office in 2002, the city was reeling from the aftershocks of 9/11, and he faced a staggering fiscal hole of nearly $ 5 billion in a budget of $ 42.3 billion.

«Today's announcement by Governor Cuomo is an encouraging first step,» Gianaris said in a statement, «but significant questions remain regarding the source of this new capital funding and the continuing budget hole of several billions of dollars beyond the amount announced today.»

The incoming GOP majority has told the defeated Democratic leadership to cut hundreds of staffers by Jan. 20 to help close a $ 7 million to $ 14 million hole blown in the Senate budget during the Dems» leadership tenure.

And Destiny USA will make its final expansion fee payment in March, putting a «big hole» in Syracuse's next budget, the mayor added.

The decision creates a $ 15.8 million hole in this year's budget and will make it even more difficult for county Executive Edward Mangano to balance next year's projected budget, which is supposed to be submitted to the legislature Thursday.

«If we didn't do that, first of all, the day after we pass this budget we'd have a $ 15 billion deficit next year, we'd be right back in the hole because these outrageous, unsustainable rates of increase must stop.»

Nassau County Executive Edward Mangano sent out an eight - page full color mailer to Nassau residents last weekend, touting his management of the county, including its finances — as Nassau's financial control board was poised yesterday to order the county to fill a $ 36 million hole in next year's budget.

The end of the cost - sharing subsidies would open an almost $ 1 billion hole in the budget of the state - operated Essential Plan, an optional benefit under Obamacare that was exercised only by New York and Minnesota.

«If those federal cuts happen we couldn't even imagine how we could fill that hole in the budget.

This isn't the first time a governor moved money from the RGGI fund to help plug holes elsewhere in the budget.

He says it means «the gaping hole in Wales» capital budget still isn't being addressed.»

«Recent state budgets advanced by the Governor and approved by the Legislature have improved the long term picture for counties, but in the short term counties have a deep hole to climb out of.

The budget, as presented ins basically in balance, but Cuomo concedes that if the Republican Congress repeals Obamacare and its related Medicaid subsidies, then the budget could have a multi billion dollar hole and «there's no contingency plan.»

«As I mentioned before, we have a budget deficit of over $ 20 million next year and that is of great concern to me and I think a great concern to taxpayers here in the city and certainly to our employees and to get ourselves out of that hole we need to do a few things.

Albany is screaming bloody murder, that's a $ 2.3 billion hole in their budget, and I'm proud to say it is,» said Collins.

By keeping state operations spending growth at 2 percent, the budget hole is closer to $ 1.8 billion.As expected, the governor tucked into the budget non-monetary initiatives, such as new sexual harassment policies, the codification of abortion rights in state law and methods for New York to participate in «early voting,» all of which he touted in his Jan. 3 State of the State address.

The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Governor Andrew Cuomo remains worried about another potential cut in federal funds to hospitals that he says will blow a hole in the state budget.

The first was an economic collapse that opened a whopping $ 9.2 billion hole in the state budget.