Sentences with phrase «budgeting rules which»

«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 budgetwhich 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.
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