Sentences with phrase «budgets balanced in»

«The strong improvement of the budget balance in 2017 was to a large extent the result of the improving economic environment,» Maartje Wijffelaars, an economist at Rabobank, told CNBC via email.
You can be sure that the 2015 budget will forecast a budget balance in 2015 - 16.
In 2011 the CPC introduced what it called the People's Budget, which reached budget balance in 10 years according to an assessment by the Economic Policy Institute based on nonpartisan government data.

Not exact matches

found in the Federal Balanced Budget Act.
April 30 - A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014..
He warns us that history is about to repeat itself in Alberta, Ontario, Quebec, and most of the rest of the provinces unless they rediscover the religion of balanced budgets.
Kentucky senator Rand Paul has said he'd seek a balanced budget amendment, and that he'd also shrink spending, limiting it to only what comes in via tax revenue.
While he would have liked to have seen more investor - specific changes — «it's always nice to have more rather than less,» he says — he thinks it's unlikely we'll see any reductions in capital gain taxes or major increases in TFSA room until at least 2015, when the government says it can balance the budget by.
Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.
When asked to rate how important it was to run a balanced budget, May said: «In the scheme of things, not very.»
Poloz and his deputies were working in the shadow of a prime minister who was committed to balancing the budget.
The fiscal outlook is a stark contrast to last year, when premier Kathleen Wynne trumpeted the first balanced budget in nine years.
Poloz said little about Harper's obsession with a balanced budget, which in retrospect speaks volumes.
From a fiscal perspective, the argument exists that the tax revenue generated would be significant and would assist in balancing the budget.
«In my view, the time is now for Congress to create an authority that would have as its goals both achieving financial stability and a balanced budget for the island,» Williams said, according to the Times.
April 30 (Reuters)- A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014.
After declaring victory over the recession in 2010, Harper set a path to balance the budget in time for the 2015 election.
While a balanced budget in 2013 - 14 is not assured, in the medium run revenues do not appear to raise serious challenges.
Net debt as a share of GDP is low (only Saskatchewan and Alberta's are lower), and B.C. has a shot at balancing the budget in 2013 - 14 — along with Saskatchewan, Quebec, and Nova Scotia.
Together, these revenue increases are projected to be sufficient to balance the budget in each of the next three years.
Given the optimistic oil price predictions in the budget, further tough decisions may be necessary in the future if the budget is to stay balanced.
OTTAWA — Mandatory balanced - budget legislation, interprovincial booze runs, public sector bashing and lifetime prison terms are among a grab bag of populist Conservative promises in a mid-mandate policy makeover.
Though immigration may strain some local budgets in the short term, costs and benefits tend to balance out in the end, said Alex Nowrasteh, immigration policy analyst at the Cato Institute, a libertarian think tank.
Republican Presidents, including Trump, have promised to balance future budgets with gigantic reductions in discretionary spending, a category that includes both outlays for defense, and all other areas that are voted each year (as opposed to entitlements that provide benefits guided by a fixed formula).
«This will cause significant strain to that budget balance problem in the long term.»
The boom years for employment and balanced federal budgets in the 1990s had everything to do with the emergence of the Internet rather than with any enlightened economic policies.
«The survey findings confirm that budget - constrained small businesses are playing tug of war when it comes to balancing smart IT purchasing decisions and their budgets,» Stephen DiFranco, the general manager of HP's Personal Systems Group — Americas, said in a statement.
In a two - step plan, Boehner is pressing for a vote on Wednesday and a second vote Thursday on a balanced - budget amendment to the Constitution.
Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.
«How he gets to balanced budget is open to debate,» says Philip Romero, dean of the College of Business and Economics at California State in Los Angeles.
There is plenty of time to introduce these commitments in future budgets: they came with the proviso they would not be implemented until the budget was balanced, which the Department of Finance forecasts will occur in fiscal 2015 - 2016.
It predicted there's approximately a five per cent chance the federal budget will be balanced or will show a surplus in 2020 - 21.
While Congress generally found a way around the most unpleasant aspects of 1980s - era cliffs, their presence imposed a parsimonious mood on Washington that eventually resulted in the balanced budgets of the Clinton years.
The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet by reducing planned deficits in one year at the expense of deeper spending in future years.
By doing these things, we will not only balance the budget in 2015, we will achieve a surplus.
«If you look out into the medium term, the effect is okay so that we can balance the budget in the medium term — and that is around 2014 - 2015 or so, depending on the degree of economic growth,» Flaherty said.
The slump has left the province facing a budget deficit and Prentice in the tough position of balancing the books while maintaining his commitment not to hike taxes.
All in all, a balanced budget is quite possible by 2015.
While budget 2013 didn't feature many goodies for the personal finances and portfolios of Canadians, there was good news in the commitment to balance the budget by 2015.
Page 287 of the 2014 Budget has an estimate that a 1 - percentage point decrease in GDP growth would reduce «the budgetary balance by $ 3.7 billion in the first year, $ 4.5 billion in the second year and $ 6.0 billion by the fifth year.»
We also recognize that balanced budgets are important to the long - term prosperity of this country, inspiring confidence in investors and consumers, whose dollars grow the economy and create jobs, and ensuring interest rates stay low.
He is a strong proponent of a smaller local government and supports cuts to certain popular programs and caps on entitlements to township employees to keep the budget in balance.
«The improvements in Portugal's general budget balance have been rather remarkable,» she said.
As we have promised, our Government remains committed to balancing the budget in 2015.
It's likely because a balanced budget will give the Conservatives a leg up in the general election due October 2015.
Their plan to balance the budget involved 18 billion dollars in spending cuts, along with $ 16 billion in additional revenue gained from economic growth.
There is no doubt that Canada's budget will be balanced in 2015.
In Mr. Cross» defense, he does not appear to be a fan of balanced budget legislation in the first placIn Mr. Cross» defense, he does not appear to be a fan of balanced budget legislation in the first placin the first place.
Many of these companies already enjoyed a bump in share prices when the Liberals won the election, and again after the budget announcement, but Nazir thinks the real gains will come once the extra cash starts showing up on balance sheets.
«It is thus important to realize that in the current environment of low long - term interest rates, fiscal prudence does not require bringing the annual budget balance to zero almost immediately,» he wrote in a paper for the Bennett Jones law firm.
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