Sentences with phrase «budget reductions of»

Although this means budget reductions of about nine percent over four years, Cameron says that funding is still available for all research areas.

An appropriations bill President Clinton vetoed in December would hit the nea with a budget reduction of about 40 percent, providing $ 99.5 million for fiscal 1996, compared with $ 162.3 million last year.

In the Duval school district in Florida, for example, moving to a four - day week produced only a 0.7 % savings, yet that resulted in a budget reduction of $ 7 million.

Everything is facing a budget reduction of $ 1.2 million from 2009 - 10 to 2012 - 2013.

Because the majority of our current budget is devoted to two core areas (staffing costs and information resources), it is not possible to absorb a budget reduction of this size without affecting these two areas.

Not exact matches

After some early, desultory efforts, Martin found his footing and reeled out a handful of budgets built around themes such as deficit fighting, education, innovation and tax reduction that set the country on sound fiscal footing and gave it political direction and policy focus for the better part of a decade.

Republicans struck on a Congressional Budget Office (CBO) report that projected that Obamacare would lead to a reduction of 2.5 million full - time equivalent jobs in the workforce.

Through a combination of $ 1 billion from the sale of GM shares, a $ 2 billion reduction in the contingency fund and $ 1.8 billion taken out of Employment Insurance (a holdover from Budget 2014), the federal government was able to turn a modest deficit into a $ 1.4 billion surplus.

Despite the stagnant growth of the economy, France will meet budget deficit reduction targets.

If that $ 3.2 billion was significantly lower than what DoD normally gets for submarines, it would take seven years for the full effect of those budget reductions to show in the real economy.

The cuts (plus the lack of commensurate budget reductions) would add $ 6 trillion more to the national debt relative to baseline projections.

In the last federal budget, Natural Resources Canada was allocated $ 2.5 million over the next two years to study regional clean energy cooperation, with the aim of identifying «the most promising electricity infrastructure projects with the potential to achieve significant greenhouse gas reductions.»

The forecast also reflects the ongoing impacts of measures announced in the 2012 Budget to freeze the Business Education Tax reduction plan.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

Using the sensitivity analysis provided by the Department of Finance in the April Budget, a reduction in real economic growth of 0.6 percentage point would result in deterioration in the budget balance of approximately $ 2.5 billion in 2015Budget, a reduction in real economic growth of 0.6 percentage point would result in deterioration in the budget balance of approximately $ 2.5 billion in 2015budget balance of approximately $ 2.5 billion in 2015 - 16.

We're seeing a lot of proposals in Congress that aren't accompanied by a lot of thought or analysis of what impact a deep cut in travel budgets could have,» such as a reduction in services for taxpayers and for veterans, and fewer job - related conferences.

The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).

The required administrative savings will, therefore, result in an offsetting reduction in the lapse adjustment, which the Department of Finance did not take into account in Budget 2010.

Have you considered this important possibility, since most of the budget cost of the reform comes from the corporate rate reduction?

Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot of slight of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic economic and oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

Part of this reduction could be due to the measures announced in the March 2012 Budget while part may also be attributable to the expenditure reductions announced in previous budgets.

The Senate budget resolution calls for significant deficit reduction that would put debt as a share of GDP on a downward path, but the most likely part of the budget to be acted on would widen deficits even further.

One - eighth of this total, or $ 178 billion, comes from the macroeconomic effects of the budget's deficit reduction, as estimated by the Congressional Budget Obudget's deficit reduction, as estimated by the Congressional Budget OBudget Office.

The Senate budget gets most of its net deficit reduction from mandatory spending.

In fact, many of the descriptions are not related to the planned reductions at all, but rather to how much more money the Government has provided in past budgets.

Ironically, the day prior to Mr. Flaherty's budget, his Conservative counterpart in the UK, Chancellor of the Exchequer George Osborne, brought down a budget that bore many similarities to Canada's, such as its preoccupation with deficit and debt reduction.

The required administrative savings will, therefore, result in an offsetting reduction in the lapse adjustment, which the Department of Finance did not take into account in either the 2010 or 2011 Budgets.

Similar to the House, the budget assumes $ 1.4 trillion of savings from economic growth, $ 178 billion of which they attribute to CBO's estimate of the economic benefit of deficit reduction.

* Speaking of autopay, it's a good idea to get it set up as soon as makes sense for your budget, as you'll receive a 0.25 percent interest rate reduction for any Direct Loans you're repaying.

The President of the Treasury Board indicated that, given that the Main Estimates are being tabled before the Budget, the Main Estimates for 2012 - 13 would not include the impact of any of the upcoming proposed spending reductions.

The only thing the 2011 budget will likely be remembered for is that it may trigger an excuse to call an election, because of a 1.5 percentage point reduction in the corporate tax rate; a trivial economic reason, but, for some, an important political reason.

Even if all of the spending and tax - reduction measures announced in the 2015 budget were cancelled — and no opposition party has yet gone so far as to promise that — that still would not be enough revenue to prevent a return to deficit.

Greece is already managing to beat some of its deficit - reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.

The reductions are in the order of 12 % of a $ 20 billion budget.

Opinion: The B.C. NDP's changes in the budget update still fall short of what is needed for the province to meet its emissions reduction targets

The Saskatchewan Party government announced a 3.5 % wage reduction to public sector employee compensation in last year's budget, amounting to a projected savings of $ 250 million, but that plan does not appear in this year's budget.

«A reduction in gas prices and grocery deflation will help customers stretch their budgets, but they're still trying to absorb a 2 % payroll tax cut, uncertainty over Washington, and a lack of clarity around personal health care costs that are all headwinds,» Mr. Simon said.

The 2015 federal budget's reduction of the mandatory minimum withdrawals from registered retirement income funds (RRIFs) and similar tax - deferred accounts will reduce the risk that many Canadians will outlive their savings.

The planned Departmental savings in Budget 2012 consist of two major components — «reductions in departmental spending» and «updating defence capital funding».

Within budgetary revenues, personal income taxes were virtually unchanged, as gains in employment income subject to tax were offset the impact of the Budget 2016 tax reductions.

This been accomplished in several ways: 85 % have scaled back on their exploration and development plans; 68 % have reduced their marketing and investor relations budget; 60 % have already begun laying off existing employees; 40 % have implemented organization - wide hiring restrictions; 34 % noted a reduction or elimination of incentive pay; and 32 % have made salary cuts.

The 37 tariff reductions on sporting equipment and baby clothes in Budget 2013 received a great deal of attention.

The reduction in spending on the environment began before the budget of 2012, and will continue after 2015 according to the latest budgetary estimates provided by the departments and agencies concerned.

The budget calls for tax reform that largely mirrors the House GOP's «Better Way» plan, though it does not mention much of the aspects that would pay for the changes in «Better Way» or other ways to make up for the revenue loss from the rate reductions it calls for.

In addition, there are material expenditures missing from the operating budgets going forward, such as the Golden Ears bridge toll fees removal in year two and beyond, the one - third replacement cost of the Pattullo bridge (which was to be funded by tolls) and the second 50 % of the promised 100 % MSP premiums reduction.

In the April 2015 Budget, the Conservative government committed to allocating any unused portion of the risk adjustment factor to debt reduction.

Personal income taxes were $ 1.3 billion higher (up 1.7 %), as gains in employment income subject to tax more than offset the impact of the Budget 2016 tax reductions.

The FY 2017 budget resolution demanded only a paltry $ 2 billion of deficit reduction over an entire decade; that's just $ 200 million per year when we are facing looming trillion - dollar deficits.

If it is spent on something that uses up as much or more energy per dollar as the original reduction, nothing has been gained in the energy budget at large (though this person may now own a more desirable mix of goods and services than before).