Sentences with phrase «by federal cuts»

NYC Health + Hospitals, formerly the Health and Hospitals Corp., expects to face a $ 1.2 billion deficit next year, which will be exacerbated by federal cuts of $ 300 million in 2017 and $ 460 million per year through 2025, hospitals chief Dr. Ramanathan Raju said at a City Council hearing.

NYC Health + Hospitals, formerly the Health and Hospitals Corp., expects to face a $ 1.2 billion deficit next year, which will be exacerbated by federal cuts of $ 300 million in 2017 and $ 460 million per year through 2025.

But, if they are to get more, who gets less in these difficult fiscal times, which is exacerbated by the federal cuts?

Not exact matches

Federal guidelines for destroying guns require the crushing, cutting, or breaking of the gun parts — typically by torch rather than saw or other tool — to prevent its future use as a firearm.

Poloz indicated in his statement that the prospect of a big spending push by the federal government caused the committee to move away from its intention to cut interest rates.

With the relentless pressure to cut federal spending, digital solutions like telemedicine — which expands access to care and reduces costs by up to 90 % — will become a key part of that equation.»

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

And all of them argue that the proposed tax cuts, estimated to reduce federal revenue by more than $ 1.4 trillion, won't increase federal deficits, an assertion that's been contradicted by Congress's official tax scorekeeper.

Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.

The Chamber of Commerce and Industry WA has applauded initiatives introduced by the federal government to cut red tape for small business.

His bid for the presidency was marred by a seemingly inadequate knowledge of national affairs, which was most pronounced during a televised debate that showed Perry unable to remember the name of a third federal department he'd said he planned to cut, along with the Departments of Commerce and Education.

The report said fiscal stimulus and a series of cuts by the Federal Reserve to its policy rate will help the U.S. economy to bounce back in 2021 and grow by 2.1 percent, followed by growth of 2 percent in 2022.

According to a new report from the Joint Committee on Taxation, the House GOP tax reform bill — the Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implemented.

Incoming Federal Reserve chair Jerome Powell, chosen by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion - dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.

The company is continuing to look at alternatives but is making the cut because the proposal by the U.S. Federal Energy Regulatory Commission will have a «profound impact» if adopted, said Nathan Brown, president of TC PipeLines» general partner.

It also means the Federal Reserve is likely to forge ahead with its plans to cut back on its bond - buying activity later this year and to ultimately end the bond - buying program by mid 2014.

The Tax Foundation found that federal revenue would fall by $ 2 trillion if the corporate tax cuts are put in place.

Most outside economic analyses say the type of tax cuts being promoted by Trump would likely fuel even larger deficits for a federal government already projected to see its debt steadily rise.

But none of the broken things would be fixed by Donald Trump's proposed budget, which does away with federal subsidization of interest on student loans and eliminates the program that forgives loans for people who enter public service (including teachers)-- among other education - related cuts.

What's more, the open enrollment period this year for the federal Healthcare.gov site was cut in half by the Trump administration compared with previous years, making the signup numbers even more impressive.

He would reduce the federal debt and deficit by cutting federal spending, nearly in half.

He said the Trump administration is enabling innovation by streamlining the federal permitting process, cutting corporate taxes and rolling back rules governing the sector.

Hensarling — a polite and low - decibel conservative with a deadpan sense of humor and an occasionally sharp tongue — has become a tea party favorite by relentlessly striving to cut federal spending and shrink the federal government.

First, how much would the federal government save by cutting transfers?

During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secuFederal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secufederal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.

After erroneously alleging that the mayor of Vancouver hadn't contacted the federal government to express opposition to cuts to the coast guard, James Moore heckled the clarification, delivered by the

With the Liberals and the NDPÂ opposing cuts to the federal corporate income tax rate championed by the Conservatives, it merits further debate.

Last year, the federal government announced it would develop a policy that aims to cut more carbon pollution than any other in the Pan-Canadian Framework on Clean Growth and Climate Change, by promoting the production and use of cleaner fuels in vehicles, buildings and industry.

These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.

The drop in spending largely reflects cut backs in the federal government required by the so - called sequester that went into effect in March.

The recently passed tax cuts could increase the Federal deficit by around $ 200 billion this year, adding to the supply of bonds.

The paper concludes that with the policy changes to date, including budget cuts and the changes to the Canada Health Act and to the elderly benefit system, the federal government will have a long - term sustainable fiscal structure characterized by a declining debt to GDP ratio.

The Institute recommends that employment in the federal public service be cut by 2 percent per year for the next four years.

If you did this, the level of federal debt could be cut by almost $ 40 billion.

Another way that the current crisis hurts those at the bottom of the economic ladder was revealed in a conversation with Lucy Luna, a United Food and Commercial Workers union organizer among immigrant farm workers in the Fraser Valley, who notes that the reduced value of the Canadian dollar means that the remittances sent home to Mexico by the «guest workers» shipped to Canada under a federal temporary work permit program are now nearly cut in half in value by the time they reach Mexico, where the economy is geared to the U.S. dollar.

Maybe 15 percent of your income is taken right off the paycheck by the FICA [Federal Insurance Contributions Act] for Social Security and essentially pre-saving for Social Security medical care (which provides the government with enough money to cut taxes on the higher brackets.)

Parliamentary Budget Officer Kevin Page, in his last week on the job, is taking the government to court in a bid to have Ottawa release information about the impacts on federal jobs and services from $ 5.2 billion in cuts announced in last year's budget.Photo by Sean Kilpatrick / The Canadian Press / Files

And will the Federal Reserve's chairman, Jerome Powell, be ready to take action, such as by delaying interest rate increases or even cutting rates, if markets tumble further?

After inheriting a surplus the government immediately cut the GST by two points, and in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant spending cuts in the 2010, 2011 and 20012 budgets in order to put the federal finances back on a sustainable path.

Instead of using it to reduce the federal public debt, the government used it to cut the GST by two percentage points, thereby creating a structural deficit in advance of the financial meltdown in 2008.

He sold GM shares at cut - rate prices for a net savings of $ 900 million; cut the contingency reserve by $ 2 billion; and, booked a «settlement» of $ 900 million for a new disability and sick leave management system for federal government employees.

The federal government is not confronted with a short - term fiscal crisis but it is facing a stubborn medium - term structural deficit that will prevent you from balancing the budget by 2015 - 16, without new expenditure cuts and / or tax increases.

We made it easier for small business to compete for and win federal contracts by eliminating unnecessary paperwork and cutting red tape, and accelerating payments to small business contractors through the «QuickPay» program so that they can maintain the cash flow that they need to grow their businesses and create more jobs.

NO: Federal spending at these levels is unsustainable and must be cut sharply now by empowering state and local governments, consolidating duplicative programs and privatizing government programs.

The WTI contract is back at the crucial $ 50 level, with the help of the strong decline in the Dollar, the prospects of slower tightening by the Federal Reserve, the positive news regarding the OPEC production cut deal, and the slower growth of the US output.

In the June 2014 Federal Reserve Open Market Committee minutes, the board decided to cut the current quantitative easing program altogether by October, indicating that perhaps, after several years of halting asset purchase programs, the economy is finally ready to fly on its own.

A senior Democratic aide said the party's position is that emergency spending need not be offset by cuts elsewhere in the federal budget, making Pelosi's statement a challenge to Republicans who have insisted that previous aid packages not add to the federal budget deficit.

Due to drastic cuts to corporate income taxes by the Canadian federal and Alberta governments over the last 15 years, the combined federal and provincial corporate income tax rate is now 25 %.

By 2015, the Harper government will have imposed permanent budget cuts of at least 10.8 billion dollars per year to federal departments and agencies.

They point to two inflation risk factors: years of setting low rates by the Federal Reserve, and the possibility that recent tax cuts will cause the economy to overheat.