Sentences with phrase «budget reductions on»

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.

The cap for 2014 is $ 967 billion, so lawmakers can either agree on spending reductions that would bring the federal budget under limit, or they can decide they need to spend more and take down the BCA.

[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.

The House budget, on the other hand, paves the way for more responsible, revenue - neutral tax reform accompanied by at least some mandatory spending reductions that are a down payment on fiscal responsibility.

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.

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.

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.

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).

And while the Ministry of Defence is included in these measures, they will be given flexibility on their multi-year budget to ensure that this will not lead to reductions in military manpower or the core defence equipment programme over the Parliament.

[7] This occurs because MPs can overspend on the budget but then face a reduction in the following year.

Labour called for the Office of Budget Responsibility to check its manifesto and centred the launch event on deficit reduction.

The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

Thanks to an aggressive campaign by ATU Locals across Connecticut, bus and train fare increases and service reductions that had been scheduled to take effect on July 1 have been canceled in a state budget adjustment bill signed by Gov. Malloy.

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

The Business Council strongly opposes provisions in the 2009 - 10 Executive Budget that would impose almost $ 770 million in new or increased assessments and surcharges on health care and health insurance, including $ 590 million within the Deficit Reduction Plan.

The next round of budget extenders won't include education spending cuts, but will include spending reductions on mental health and human services — plus a tax hike on cigarettes.

Gov. David Paterson has apparently included $ 775 million in cuts to state funding for health care services in his latest budget extender bill, making good on his pledge to try to force the Legislature's hand on some of his proposed spending reductions.

The projected rate hike is the first increase after three years of reductions and would put the squeeze on district budgets.

Yet when we look at the Executive Budget, we see that he as included over $ 800 million in new taxes and assessments on health care and health insurance, including $ 590 million within the Deficit Reduction Plan for the current fiscal year.

Gov. Andrew Cuomo will unveil his proposed 2016 - 2017 budget on Wednesday but he has already previewed the broad outlines of his agenda: a $ 15 minimum wage; investments in infrastructure, downtowns and the environment; a reduction in Thruway tolls; and tax cuts for small businesses.

«Your budget examination unit will contact you with revised targets, and with further details on the process for submitting your proposed reductions.»

The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.

In the autumn statement, usually a preview of what the next year's Budget will contain, the chancellor emphasised the need for rapid deficit reduction, as well as a focus on supply side economic policies like low interest rates and tax credits.

Bloomberg's budget cut funding for the public advocate's office by 11 percent, which comes on top of last year's 40 percent reduction.

George Osborne may have reversed the tax credit cuts that he proposed in his July budget but he offered no reprieve to similar reductions on universal credit.

That this House expresses deep concern at the impact of the UK Government's policies on Wales; notes the UK Government's real - terms reduction of the Welsh Budget by # 1.5 bn; notes that Wales currently suffers from the lowest average rates of pay in Britain and has the highest proportion of individuals affected by cuts to social security including the Bedroom Tax; further notes that Wales suffers the highest energy bills in the UK and that these, along with low pay, have compounded the cost of living crisis in Wales; and calls on the Government to immediately scrap the Bedroom Tax, freeze energy bills and undertake measures to increase pay rates in Wales.

The Trump 2018 Budget Blueprint calls for a twenty - one percent (21 %) reduction in the DOAG's budget; however the proposal does not provide detail, at this time, on the specific amount, if any, the NSIP program may be reBudget Blueprint calls for a twenty - one percent (21 %) reduction in the DOAG's budget; however the proposal does not provide detail, at this time, on the specific amount, if any, the NSIP program may be rebudget; however the proposal does not provide detail, at this time, on the specific amount, if any, the NSIP program may be reduced.

(For 2017 NYSOFA has tentatively awarded us $ 620,596 of III - C - 2 funding) Seniors determines the Trump 2018 Budget Blueprint proposal calls for a seventeen point nine percent (17.9 %) reduction in Health and Human Services funding; however the proposal does not provide detail, at this time, on the specific amount, if any, the III - C - 2 program, or any of our other four Title III grant programs may be reduced.

And as Cuomo plans to run for re-election on a platform reducing taxes, Silver is likely to oppose any reduction in revenue after years of flat budgeting have lowered the quality of public services.

Moreover, the tax reductions included in the Executive Budget are broad based, providing benefits to the majority of corporate franchise tax payers, and their benefits focus on current New York state business employers and taxpayers.

«Nick Clegg signalled a fresh battle over budget cuts with George Osborne on Sunday after warning that it would be «wholly unrealistic» for the coalition to pursue further reductions in welfare spending without increasing taxes on Britain's richest 10 %.»

Mahoney said the proposed budget factors in a reduction in staff based on that incentive.

The legislative session ended with a thud earlier this month, as lawmakers settled on a budget plan that didn't have the dramatic policy changes and spending reductions Paterson was looking for to put the state on a more sound fiscal footing after he leaves office — and presumably politics — at the end of this year.

Due to the fact many services provided by the County of Erie, State of New York are fully or partially paid for by the federal government, on March 16, 2017 County Executive Mark Poloncarz ordered certain commissioners and heads of departments that rely on federal funding to review the Trump 2018 Budget Blueprint and provide a report on the expected impact of it on Erie County services, including, but not limited to, the identification of any programs impacted by the Trump 2018 Budget Blueprint (including the expected cut in funds received), possible reduction in direct county jobs as a result of any cut, impact on third parties that receive funds from Erie County that are received from the federal government, as well as any other known impact.

Last year, the nonpartisan Congressional Budget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state bBudget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state budgetbudget.

The $ 3.5 billion budget gap identified in December is closed through $ 2 billion in spending reductions and $ 1.5 billion in revenues from the tax reforms enacted last year that maintained the millionaire tax, albeit only on multi-millionaires rather than anyone making over $ 250,000.

He ignored the recommendations of his own bipartisan deficit reduction commission, proposed a federal budget that was so political it was rejected 97 - 0 by the Senate, reneged on a deficit compromise last summer and went AWOL on the supercommittee deliberations.

«While we were recently able to pass an on - time and fiscally responsible budget, our pragmatic approach to closing the budget gap has caused extreme hardship in the form of cuts to schools, health care, energy and environmental programs and a drastic reduction in the state workforce,» Avella said in a statement.

They need to also know that the most damaging reductions have occurred during the Cuomo years — for which the TEAPublicans brag of passing «on time budgets.»

Trump wants to get a head start on the massive spending cuts he proposed for 2018 — and just like in that budget proposal, his immediate funding reductions would be aimed in part at a host of programs that benefit Western New York.

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

Bearing signs saying «Don't balance the budget on the backs of the poor» and shouting «Hey hey, ho ho, the funding cuts have got to go,» the roughly 150 demonstrators, largely from New York City, represented progressive activist groups pushing for rent reductions for people with HIV, homeless services, low - income housing, health care and other issues.

Those general reductions come on top of municipal aid cuts and «holdbacks» approved last fall as part of a bipartisan $ 20.73 billion budget plan.

WASHINGTON — President Trump wants to get a head start on the massive spending cuts he proposed for 2018 — and just like in that budget proposal, Trump's immediate funding reductions would be aimed in part at a host of programs that benefit Western New York.

Some highlights of the budget include a 45 cent increase in the cigarette tax, a 25 cent fee on ridesharing services such as Uber and Lyft, and a reduction of the state's earned income tax credit for low - income workers.

Gibson's response was the reduction was over a 10 - year period on a $ 70 billion budget.

On Tuesday, the mayor proposed a new budget of $ 84.7 billion that included more money in the city's reserve accounts in case of federal reductions.