Sentences with phrase «budget surpluses for»

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.
SPD leader Martin Schulz has called for Germany to use its budget surplus for domestic and EU - wide investment.
As a result, the budget surplus for 2015 - 16 was not reflective of the economic forecast at that time.
It had run a budget surplus for years and its debt to GDP ratio was well below 60 % in 2008 (compare that to Italy's 120 %).
Hempstead Town Supervisor Anthony Santino touted a $ 5 million budget surplus for the town as a challenger for his job questioned his role as a former councilman in the deficits that preceded it.
«We have ended the year with a budget surplus for the sixth straight year by practicing good government and commitment to fiscal responsibility.
Districts that keep expenses lower than revenues can build a budget surplus for reinvestment back into the program — including capital replacement, new technology and other improvements.
With the federal government projecting a budget surplus for the first time in years, lawmakers are confronted with an unusual problem: how to spend (or not spend) the money.

Not exact matches

For one fleeting moment, Ontario has a budget surplus.
Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.
Keep the budget balanced or run a small surplus, then have a «rainy day» fund for emergencies.
To see this for yourself, I created a surplus / deficit estimator using the sensitivity analysis from the budget.
In normal circumstances he believed in a balanced budget and maybe a bit of a surplus for bad times but what he believed was fatal to a nation was running deficit trade imbalances.
Despite the fact that economic growth for this year is now forecast to be substantially lower than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
The inadequate level of «risk adjustment» in the forecast seriously undermines the «credibility» of the latest fiscal update as a basis for budget planning and the ability to claim a budgetary surplus over the medium term.

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...

In last April's Budget, Mr. Oliver forecast a surplus of $ 1.4 billion for 2015 - 16.
The likelihood of a surplus for 2014 - 15 is further enhanced by our expectation that the final results for 2013 - 14, which will be released in late September / early October, will show a deficit of around $ 10 billion substantially lower than the $ 16.6 billion forecast in the February 2014 Budget.
They can not blame external economic developments for the «unexpected» slowdown in the economy and the elimination of the surplus this year since these same external economic conditions existed at the time of the April budget.
The IMF added that if growth was lower than expected or if the Greek government failed to meet targets for running a surplus on its budget excluding interest payments, there would be «significant increases in debt and gross financing needs».
The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.
Taking into account recent private sector forecasts for economic growth for 2015, would, in fact, eliminate the $ 1.4 billion budget surplus, as well as the $ 1 billion Contingency Reserve.
Given recent economic developments (which suggest there will be no surplus this year) and global uncertainties, together with a commitment by all three major political parties to balanced budgets and no tax increases (other than the NDP), it would be fiscally imprudent for any political party to make new major election «promises» in the coming months without indicating how they would be financed.
In the 2014 budget, it was clear that even with the freezing of the EI rate at $ 1.88, excess EI revenues would account for much of the projected surpluses and that the EI premium rate would have to be reduced significantly in 2017.
The U.S. media are silent about the most important topic policy makers are discussing here (and I suspect in Asia too): how to protect their countries from three inter-related dynamics: (1) the surplus dollars pouring into the rest of the world for yet further financial speculation and corporate takeovers; (2) the fact that central banks are obliged to recycle these dollar inflows to buy U.S. Treasury bonds to finance the federal U.S. budget...
The idea of an independent Parliamentary Budget Office arose in late 2004 when the final outcome for the surplus for 2003 - 04 came in at $ 9.1 billion rather than the estimated $ 1.9 billion provided in the Budget.
Given that the next election is likely to be in the fall of 2015, the 2015 Budget will likely show a surplus for 2015 - 16, since the final outcome for the deficit will not be known until the fall of 2016.
Their platform was largely «financed» by the surpluses projected in the November 2014 Update and the April 2015 Budget, rather than having to come up with new Sources of Funds, as is the case for the other two parties..
A balanced budget is forecast for 2015 - 16, with increasing surpluses thereafter.
The projected surplus for next year has doubled, and the current budget will all but balance.
If, however, the deficit for 2013 - 14 were to come in much lower than forecast in the November 2013 Update, then the possibility of a balanced budget or surplus increases considerably for 2014 - 15.
If things turn out better and it looks fairly certain that there could be a surplus in 2014 - 15, then he could announce it in the 2014 Economic and Fiscal Update, setting the stage for an early election budget and possibly even an early election.
Singapore might be better since their tax rate for income is a 20 % flat tax and heading lower + they have a budget surplus and great government safety net.
For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus progrFor state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus progrfor balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus program.
As had been widely speculated, the government is now forecasting a surplus of nearly $ 4 billion for 2015 - 16, almost $ 3 billion higher than expected in the March 2013 Budget.
Liberal Leader Justin Trudeau said the numbers show the Conservatives have been unable to balance the budget except for the surplus they inherited from the former Liberal government a decade ago.
The city's Finance Committee has deferred a decision for the time being on what to do with a projected $ 1.1 million budget surplus.
Both studies concluded that the federal finances were sustainable, with the budget in surplus in or before 2045, not a bad starting point for planning the 2018 budget.
The new government wants the troika to lower this requirement of surplus to a balanced budget, freeing up cash for more government spending.
However, to the surprise of no one except the government, about two months later, the January 2009 Budget forecast deficits of about $ 30 billion for both 2009 - 10 and 2010 - 11, with the budget not expected to return to a surplus until 2013Budget forecast deficits of about $ 30 billion for both 2009 - 10 and 2010 - 11, with the budget not expected to return to a surplus until 2013budget not expected to return to a surplus until 2013 - 14.
The deficit for 2016 - 17 is now projected at $ 18.4 billion, rather than a surplus of $ 1.7 billion forecast in the April 2015 Budget.
For some reason you guys forget W inherited a budget surplus.
«They needed proof that they could keep a pastor for four years,» Sam Singer said, and together they kept Sam for over a decade, not only by raising his salary each year beyond what he would make in another assignment but also by giving him a bonus each year from the surplus of an oversubscribed church budget.
Oyster Bay finance director Robert Darienzo said at the Feb. 6 meeting that the fee increases would create a surplus in the town's parking budget this year that would allow for a tax cut in 2019.
Schroeder said the 2017 - 18 budget called for spending $ 10 million from surplus funds, but the city has spent $ 34.5 million in surplus, and has only $ 6.5 million left.
It was the basis for the governor's repeated claim to have turned a huge budget gap into a $ 2 billion surplus, which never actually entered the realm of fiscal reality.
Once aboard, Hizzoner — who was joined by a pack of journalists — launched into a diatribe against Cuomo and MTA Chairman Joe Lhota, who last week blamed de Blasio for refusing to spend the city's $ 4 billion - plus budget surplus to fix the subways.
Heathrow Express workers: # 700 Network Rail: # 500 Docklands Light Railway: # 900 Virgin Rail: # 500 London Overground: # 600 London Underground: At least # 850 BAA staff: up to # 1,200 London Underground maintenance workers at Tube Lines: # 850 London Overground maintenance workers employed by Bombardier: # 650 Workers at the mayor of London's bike scheme: # 500 The latest TfL accounts for the full financial year 2011/12 show a budget surplus of # 759 million.
The latest TfL accounts for the full financial year 2011/12 show a budget surplus of # 759 million.
Meanwhile, the budget office — an arm of the governor's office — says the state is on track for a budget surplus at the end of the 2016 - 17 fiscal year providing a 2 percent limit on spending is maintained.
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