Sentences with phrase «budget increases spending»

Interior's Bureau of Ocean Energy Management (BOEM) 2018 budget increases spending for expanding offshore oil and gas drilling by more than $ 10 million through the national Outer Continental Shelf Oil and Gas Leasing Program.
The establishment of special legislative district libraries that support local library funding increases is stymied by the Cuomo administration, Post says, but the 2017 - 2018 state budget increases spending by $ 10 million for library construction.
The budget increases spending to schools and health care by 4 % over last year, when there were $ 10 billion dollars in cuts.
De Blasio's budget increases spending on the troubled public - health system and other initiatives while adding to reserves in what he said was an increasingly uncertain economy.
The county executive's proposed 2014 budget increases spending but does not include a tax increase.
DeFrancisco said Cuomo's budget increases spending for the Metropolitan Transit Authority, the public transit system in and around New York City.
Never mind that de Blasio insisted multiple times that he has no plans to draw more revenue from the tax by increasing the rate and that his proposed budget itself increases spending by less than 1 percent.
«Just like Cuomo, Spitzer said he was a different type of Democrat too, but his first budget increased spending by almost 9 % and he refused to take on the things killing our economy.»

Not exact matches

The Congressional Budget Office has estimated that the combination of tax increases and spending cuts could trim economic growth this year by about 1.5 percentage points.
Just as alarming is that interest on this debt is increasing at an annual rate of 5 %, outpacing spending increases on every other budget item.
While the budget proposes large spending cuts to many government agencies — the Environmental Protection Agency and State Department budgets would be cut 31 % and 28 %, respectively — defense and military spending would increase substantially.
This automated way of purchasing ads helps to better manage costs at scale, increase transparency of where your budgets are spent, and enables real time decision - making.
«Because we are in the hospitality and recreation business, which is largely dependent on discretionary spending,» the company's latest financial report explains, «we believe that the weak housing market, increases in unemployment, decreases in air flights to Las Vegas, decreases in the value of stock and other investments, and the general tightening of spending on business travel have all affected visitations to Las Vegas and the spending budget of our customers.»
Democrats are demanding increases in non-defense spending if military budgets are pumped up as Trump has demanded.
As the budget for CMOs increase, Gartner predicts the CMO will spend more on IT than the CIO by 2017, it's imperative the two departments work together.
Because Congress has refused to either raise taxes or cut other spending to pay for the war, the necessary borrowing has substantially raised the budget deficit and increased the national debt.
«Republicans always wanted to raise spending on defense, Democrats wanted to raise spending on the rest of the discretionary budget across the board, and Republicans supported increased spending on a lot of those line items as well.»
The Congressional Budget Office projects the return of $ 1 trillion annual deficits following the December tax cuts and recent spending increases.
If the NDP is scaling down its plans to a one or two percentage point increase, then it's not clear how a NDP government could avoid the spending cuts that are built into the current budget projection, much less finance new spending.
Republicans are demanding spending cuts to reduce the budget deficit as the price for supporting an increase in the debt ceiling.
Yields also rose after Senate Majority Leader Mitch McConnell said leaders have reached a two - year budget deal which would increase current spending caps by roughly $ 300 billion.
Under Obama's proposal, national security programs would see an increase of $ 38 billion over current spending limits, raising the defense budget to $ 561 billion.
Trump's budget also calls for what the President deemed a «historic» increase in military spending, amounting to an additional $ 52 billion allocation for the Department of Defense.
«Previous budgets submitted by the president have purported to reverse the bipartisan spending limits through tax increases that the Congress — even under Democrats — could never accept.»
NATO Europe's spending is rising again and Germany, Europe's biggest economy, has been increasing its defense budget, which will see its spending quota rise to 1.3 percent next year.
The firm spends more than $ 9.5 billion on technology with an increasing percentage of that budget going towards new investments and innovation, according to a letter from COO Matt Zames Tuesday.
As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.
Castilla notes that the $ 253 million bank has had to increase its compliance spending from 3 % of the bank's budget in 2008 to nearly 15 % today, with the new mortgage rules being the biggest driver.
The Parliamentary Budget Office (PBO), international organizations and we have argued that the federal government is facing a small structural deficit now but that it will increase rapidly after 2015 due to demographic pressures on potential economic growth and health related spending.
Balancing the budget in every year would mean that governments would be forced to increase taxes and cut spending in downturns, and to do the opposite when the economy is growing quickly.
But instead of increasing spending on post-secondary education, Advanced Education Minister Murray Coell recently announced he's saving $ 16 million by cutting college and university budgets by 2.6 per cent.
It would set FY 2019 defense budget authority at $ 716 billion, the total amount requested by President Trump (including OCO) and slightly lower than CBO's baseline amount, but increase defense spending on net over the budget window.
Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new governments come in and promise to deliver spending cuts, tax increases and balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were running from just a few months ago.
It is that «U.S. policymakers will prevent the drastic automatic tax increases and spending cutbacks (the fiscal cliff) implied by existing budget law, raise the federal debt ceiling in a timely manner, and make good progress toward a comprehensive plan to restore fiscal sustainability.»
Lengthening the budget window simply to allow for more years of deficit - financed spending increases or tax cuts would be an unfortunate gimmick that would undermine many of the important benefits of long - term scoring.
While reducing its budget was not initially an objective, overall market research spend has dropped while the number of projects has increased.
If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.
The new federal budget plan matters and is increasing defense and nondefense spending to the tune of $ 300 billion, which would put the fiscal year 2019 deficit at over $ 1 trillion or 6 % of gross domestic product (GDP).
Panel 3 provides an estimate of the net impact of the proposed spending and revenue increases on any future budget balance.
And as noted by CMO, B2B spending is also on the rise as companies look to lock down long - term relationships with high - value clients — 48 percent of organizations plan to increase their digital B2B budgets through 2017.
O'Neil said he's skeptical about the assumptions that a Trump agenda of increased government spending and tax cuts will be fully enacted and lead to faster growth, higher inflation and bigger budget deficits.
They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.
Budget 2010 froze departmental operating budgets for two years, forced departments to absorb the 1.5 % increase in annual wages and salaries for 2010 - 11, and reduced the rate of growth in defence spending.
If the government in turn decides to reduce its spending or increase taxes to make up for the budget shortfall, then helicopter money isn't really helicopter money.
The budget proposes $ 3.3 trillion in net policy savings over ten years, the result of $ 4.9 trillion of largely unspecified spending cuts and $ 1.6 trillion of tax cuts, in addition to $ 1.4 trillion of claimed savings due to increased economic growth.
It is doubtful that the recent classification changes announced by the Department of Finance will be reflected in the Main Estimates, thereby increasing the confusion between spending in the Main Estimates and in the Budget and related documents.
The Budget justifies the increase in the lapse due to the experience in 2011 - 12, where departments / agencies spent approximately $ 10 billion less than they were authorized by Parliament.
That budget will see the company spend between 300 million Canadian dollars to CA$ 350 million, which is an increase from the CA$ 225 million it intends to spend this year.
«Our committee has been focused on seeing the government return to pre-2009 / 10 debt - to - GDP levels, not increasing taxes for businesses, and controlling spending,» said George Kondopulos, Tax Partner at KPMG LLP and volunteer Chair of The Vancouver Board of Trade's Government Budget and Finance Committee.
Aides and lawmakers say budget talks in the Senate are moving toward an agreement for whopping increases in Pentagon spending as well as domestic programs.
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