«Obama believes that a critical step in restoring fiscal discipline is enforcing pay - as - you - go (PAYGO)
budgeting rules which require new spending commitments or tax changes to be paid for by cuts to other programs or new revenue.»
Not exact matches
For numerous small businesses — with tight
budgets and a bevy of
rules and regulations — sponsoring a plan is simply too much of a burden,
which means that many employees are left out in the proverbial cold when it comes to retirement preparation.
Military
rule will certainly not improve the nation's 8 % - of - GDP
budget hole or its 72 % - of - GDP debt load,
which is already well beyond the point that pushed Argentina to default on its international debt obligations back in 2001.
The government has promised such
rules, reiterated in the federal
budget last week,
which will make it easier and cheaper for competing wireless providers to get decent roaming rates on the Big Three networks.
One that stands out is a «regulatory
budget,»
which would limit the number and dollar amount of
rules federal agencies can impose every year.
But that also means the legislation must comply with the Byrd
rule,
which stipulates that it must not be projected to add to the federal debt outside of 10 years and that all its provisions must deal with the
budget.
«The most recent CBO score show that we're perfectly in compliance with the Senate
budget rules,
which is what matters here.
However, to avoid abrogating the Byrd
rule,
which disallows bills that increase the deficit beyond the
budget resolution's window, the tax cuts were scheduled to expire after ten years.
Coincidentally, or not, the subsequent 2012 federal
Budget introduced new
rules which will require most EI claimants to accept jobs -LSB-...]
It's now up to the Office of Management and
Budget to approve the
rule, after
which it would be published and subject to a public comment period before any final version is passed.
However, state constitutions generally require balanced
budgets,
which can force countervailing changes in outlays and tax
rules.
The highly - anticipated report,
which holds significant legal weight under the EU's newly - adopted
budget rules, illustrates that despite the EU's newfound embrace of growth - oriented rhetoric, much of its new fiscal
rules remain oriented towards «fiscal consolidation», the EU's parlance for austerity.
However, all of this changes after a few years, due to official
budget rules that limit the cost of the bill to $ 1.5 trillion in total —
which therefore means that in order to make the corporate tax cuts permanent, the individual tax relief will completely expire by 2025.
The most straightforward way,
which the Senate
budget resolution would do, would be to include a provision in the
budget resolution exempting specific legislation from the PAYGO
rule.
Congress could get around the
rule,
which prohibits increasing the deficit beyond the
budget window, by having some of the tax cuts expire at the end of the
budget window.
The teams chief operating officer Otmar Szafnauer says that the
rules are ultimately there to help keep costs down, something
which is of massive benefit to teams running on a small
budget such as Force India.
He will ruin the academy,
which we need now with the Financial
rules coming in, and he will demand a king's ransom in wages and an entire kingdom for his transfer
budget.
We need a balanced
budget rule: the government's income and spending has to balance over something like a five - year period.Unlike Gordon Brown's failed «over the cycle»
rule,
which all depends on how he defined «the cycle».
This year, in the
budget debate, the three men are also agreeing to
rules for Uber, Lyft, and other ride sharing upstate; raising the age at
which people are considered an adult for criminal trials; and a plan for making the SUNY system tuition free for many.
It reached the high Court of Appeals
Which changed the
rules on
budget deals.
«As this is the last
Budget in
which this Golden
Rule will appear, I would like to be the last Chancellor to report on it,» he said.
There is a general
rule of thumb at the Capitol that complex
budget negotiations —
which usually involve a variety of non-fiscal items — blow up before a deal comes together.
The Republican Senate leader not only opposed cost - of - living increases to the rent and income thresholds at
which units lose price controls —
which Gov. Cuomo wanted — but he also
ruled out calls to include a renewal of rent regulations in the looming
budget deal.
Among his numerous high - profile issues, McGuire helped win the landmark Silver v. Pataki case in
which New York's highest court
ruled legislators «may not alter» the language of a governor's
budget proposal.
For AQE,
which is pushing for education spending on par with a decade - old court
ruling, the problem for them was Cuomo suggesting a short - term extender may be a viable option for the state
budget considering the uncertainty emanating from Washington over the federal government's
budget cuts.
Malliotakis, who is still in Albany while the Legislature wrangles over the state
budget, said she plans to appeal Minardo's
ruling,
which she said «was made on procedure and not on the merit of the case.»
The Nassau legislature's Office of
Budget Review noted in a report that soaring police overtime in Nassau,
which topped a record $ 70 million last year, can not be blamed on low staffing levels or union work
rules, a fiscal adviser to the county legislature said.
Wilson's campaign cited a 1971 case, Posner v. Levitt, in
which the state Supreme Court, Appellate Division Third Department
ruled that «The Comptroller may have standing to test the validity of the
budget, but he is not obliged to do so.»
Currently, the state's $ 150 billion - plus
budget is largely hammered out by four men: Governor Cuomo, Senate Majority Leader John Flanagan, Assembly Speaker Carl Heastie, and Senator Jeff Klein, leader of the Independent Democratic Conference (IDC),
which forms a
ruling coalition with the Republican conference.
Republican leadership said Monday it was prepared to insert into the
budget measures that would eliminate most collective bargaining rights for public workers unless the High Court
ruled on the bill,
which had been blocked by circuit court judge Maryann Sumi because of concerns over the state's open meetings law.
Labour's new approach is similar to Gordon Brown's so - called «golden
rule»,
which allowed for borrowing to invest, but McDonnell insists his stance would be tougher, because he would promise to cut Britain's debt pile and strengthen the hand of the independent Office for
Budget Responsibility.
Valesky says the education reform proposals,
which include tougher teacher evaluation
rules and changes in tenure, could be handled after the
budget is approved,
which is supposed to happen by April 1.
In this liberal controlled state that is dominated by the greedy, corrupt public employee unions
which cause the high tax rates and huge
budget deficits for there outrageously generous benefit plans and inefficient work
rules?
Paterson stressed that these are payment delays rather than cuts, although he hasn't
ruled out imposing them as reductions in his 2010 - 2011
budget proposal,
which is slated to be released next month.
Tedisco caught up with POLITICO by phone from his office in Clifton Park, where he lamented the state of talks and the effect of a 2004 court
ruling, Silver v. Pataki,
which confirmed the governor's exclusive power to draft
budget legislation.
Option one was rejected by JET's
ruling council,
which is made up of representatives of the nuclear research organisations that pay part of JET's
budget.
State spending can be particularly vulnerable during recessions, because states have balanced -
budget rules,
which prevent them from running temporary deficits during downturns to compensate for revenue shortfalls.
Oscars favourite The Shape Of Water failed to get a look in at the Spirits, however, despite its
budget falling within the ceremony's cap of around 20 million dollars (# 14 million),
which ruled out some of the other front - runners.
Warren Beatty is finally getting his chance to play Howard Hughes in long - held passion project
Rules Don't Apply,
which the actor wrote and will direct — and it only took Ron Burkle, Steve Bing, Terry Semel, Arnon Milchan, and Brett Ratner to scrape together the tiny $ 26.7 million
budget to get it off the ground... Weekend director Andrew Haigh's follow - up film is 45 Years.
The school custodian has his own
budget (computed from a complex set of
rules and algorithms that factor in the size of the building and amenities like pools, escalators, and gyms) and hires his own staff,
which does not technically work for the city.
Washington — The Office of Management and
Budget has published
rules to help the government collect some $ 50 billion in delinquent government loans, some $ 4.2 billion of
which has not been returned by borrowers from four federal student - loan programs.
By the mid-1960s, the push to expand the program ran into strict
budget rules, in
which loans would be counted as expenditures in the year they were made.
Rules like the so - called comparability loophole —
which allows districts to use average instead of actual teacher salaries for
budget calculations — mean federal dollars are not getting to the schools and students who need them the most.
As part of his
budget, the Republican governor proposed pulling out of part H of the Individuals With Disabilities Education Act,
which sets
rules for early - intervention services for children from birth to age 3 and requires participating states to guarantee certain coverage.
(New York also has an «improver advocacy»
rule which forbids any school employee — or even the board of ed — from lobbying, or even advocating, for a
budget proposition on school grounds or using school funds to do so.
The
ruling by District Court Judge David E. Winslow held that the cash - management program,
which allows school officials to issue tax - exempt bonds to cover anticipated
budget shortfalls, does not violate the state constitution.
In Arizona,
which overhauled its school construction funding methods only after several
rulings from the state Supreme Court forced its hand, legislators raided the school facilities fund as soon as
budget troubles arose.
Liberal Democrat education spokesman John Pugh urged the government to protect the school
budget in real terms, adding that he was concerned that the announcement did not
rule more out cuts to school
budgets «
which are already overstretched».
Toshiba unveiled three new low cost tablets on May 27, two of
which are Windows 8 tablets, while a third is this, the Toshiba Excite Go, their newest 7 - inch
budget tablet with Android 4.4 KitKat for only $ 109: http://www.amazon.com/Toshiba-Excite-AT7-C8 It's a low price alright, and unfortunately it's still something of a
rule in the world of tablets that a low price usually equals low specs.
Now, technically, a negative liability to the Treasury would mean that the Treasury owes the Fed money,
which would be, well, a fraudulent claim, and certainly not a
budget item approved by Congress, but we've established in recent quarters that nobody cares about misleading balance sheets, Constitutional prerogative, or the
rule of law as long as speculators can get a rally going, so I'll leave it at that.