Sentences with phrase «budget surplus»

Despite a projected budget surplus of nearly $ 900 million, there is no new funding for legal aid services in the province.

I, for one, would support state legislation to properly compensate the spill victims out of the state budget surplus.

It's one of the few countries with a primary budget surplus.

That solution would cost about 17 percent of the total current budget surplus.

With these consequences in view, an argument can be made that the federal government should take its large budget surplus and pay off its debt rather than reduce taxes.

A smaller budget surplus would place upward pressure on bond yields and, by extension, interest rates.

Adding this to the remaining budget surplus leaves total available funds of $ 2.6 billion in 2015 - 16, rising to $ 11 billion in 2019 - 20.

This left an adopted budget surplus of $ 2.9 Million even though revenue was down an estimated $ 5 Million.

The housing market is strong and the state is running an admirable budget surplus.

Despite the underlying fiscal irresponsibility, the US enjoyed a Cold War dividend in the»90s — deficits shrank steadily & Clinton even enjoyed budget surpluses for a few years as the decade ended.

One challenge @BBCr4today is UK has probably only run budget surpluses in about 7 of last 50 years, so no easy task to run surpluses.

The EU, IMF and major banks are telling governments to run budget surpluses by cutting back pension and social security programs, health care, education and other social spending.

Unlike the Euro - PIIGS who are mired in debt, Brazil is running budget surpluses of about 3 % of GDP.

Governor Scott has a projected budget surplus with which to bargain.

De Blasio and Syracuse Mayor Stephanie Miner are set to release a joint statement Monday calling on Cuomo and the Legislature to use a state budget surplus on a sizable downpayment to meet the terms a nearly decade - old court decision saying the state has shortchanged its schools.

Cuomo has projected budget surpluses in coming fiscal years based on the assumption spending will be kept under the cap.

Silicon Valley is seeing a boom right now, which has helped the state government generate budget surpluses.

MADISON, Wis. (AP)-- Wisconsin's net budget surplus grew to nearly $ 1 billion, money that Gov. Scott Walker and Republican legislative leaders are eyeing for income and property tax cuts.

The U.S. is a prime example of «debt creep» — the country hasn't posted an annual budget surplus since 2001, when the federal debt was only $ 6.9 trillion (54 % of GDP).

What has led the PBO to make these significant downward adjustments in their forecast budget surpluses in only six months?

* This evaluation is based on a well - established pattern of budget surpluses at the federal level, except during exceptional circumstances such as the financial crisis, leading to declining government debt and debt ratios since the 1990s

To Gov. Scott Walker (R), who drove the one - time tax payout into law, it's a chance to turn a state budget surplus into a bonus for parents who could use...

OTTAWA — As last autumn's colours were setting in, veteran Ottawa lobbyist Dan Kelly was confident the spring would produce a federal budget surplus with ample room for announcements.

The new legislative package, agreed on late Sunday, consists of the pension reform and direct and indirect tax reforms, which will allow the government to achieve some 5.4 billion euro spending cuts and to ensure savings to meet a 3.5 percent budget surplus target by 2018.

With ExED's business management services, Camino Nuevo has generated annual budget surpluses, which have been reinvested in dance and music programs, teacher pay and new campuses.

Now, as he prepares to run for his fourth term as governor, Brown said that despite his progressive politics, the key to turning California's budget deficit into a projected multibillion - dollar budget surplus was exerting fiscal discipline.

Costs were initially irrelevant because in the heady days of the late 1990s, California was routinely running multi-billion-dollar budget surpluses.

In November 2008, the Harper government projected budget surpluses through 2013 - 2014.

-- An earlier version of this article misstated, at one point, the amount of budget surplus spending the Liberals have promised as well as the proposed changes in the tax rate for middle - income earners.

The statistics office also said that the public sector, which includes the federal government, regional states, municipalities and social funds, posted a record budget surplus of 38.4 billion euros, or 1.2 percent of GDP, in 2017.

A survey released here at the annual meeting of the National Conference of State Legislatures reported that revenues flowing to state coffers over the past year almost doubled predictions, allowing most states to close fiscal 1995 with healthy budget surpluses.

He said Congress should use the reform to close tax loopholes and run budget surpluses while we are at some modicum of full employment.

Very last thirty day period noticed Britain record its biggest spending budget surplus considering that the monetary crisis.

This is not true, however, of Australia where, after four successive budget surpluses in the late 1980s, the Government has been able, responsibly, to run deficits to help the economy out of the recession.

The truth is that — thanks in part to a strong local economy — the city has generated huge budget surpluses every year.

In the years since, Cuomo enjoyed budget surpluses that came partially due to massive settlements with major financial institutions that then went to economic development and infrastructure projects.

George Osborne announced on Monday that a Conservative government would seek to run an overall budget surplus by 2020, a move that would put further pressure on welfare spending beyond the cuts already announced until 2017.

Wisconsin's net budget surplus grew to nearly $ 1 billion, money that Gov. Scott Walker and Republican legislative leaders are eyeing for income and property tax cuts.

New York State will begin 2015 with the largest one time windfall budget surplus since the end of World War II, due to settlements with major banks after the financial crisis.

Despite reporting a multi-billion-dollar city budget surplus that continues to grow, Mayor Bloomberg refused to reconsider his plan to lay off 4,278 teachers — 5 percent of the teaching force — when he presented his executive budget on May 6.

In the era of the radical GOP tax overhaul and significant budget surplus in D.C., there is no excuse not to ensure equitable outcomes in climate and energy policy.

Justin Trudeau, the Liberal leader, pointed out that his predecessors bequeathed Harper big budget surpluses that he turned into deficits.

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The NYT asks: «Why impose an austerity budget that punishes (NYC) when the state has ample budget surpluses?»

Suffolk County budget officials say there's a slowly improving fiscal picture for the county and that Suffolk actually had its first budget surplus since 2006.

Congress was considering how to spend a rapidly accumulating budget surplus.

On his Twitter page, Ernie pointed out that seemingly reasonable assumptions back at the time of the January 2001 surplus celebration would have added up to a $ 15 trillion cumulative budget surplus through 2028.

Moreover, the admittedly quite uncertain long - term budget exercises released by the CBO last October maintain an implicit on - budget surplus under baseline assumptions well past 2030 despite the budgetary pressures from the aging of the baby - boom generation, especially on the major health programs.