Sentences with phrase «by federal stimulus»

As recent news reports have detailed, over half of the jobs created or saved by the federal stimulus package (325,000 out of 640,000 jobs) have been in public education.

Although temporarily propped up by federal stimulus funds, average per - pupil spending nationwide fell after 2010.

Not exact matches

The shift downwards could be due to a number of factors, with the most likely culprit being comments made recently by American Federal Reserve chairman Ben Bernanke, indicating an upcoming pullback in the Fed's economic stimulus program.

Index - tracking products have taken off over the past few years, especially in the United States, where the broad S&P 500 index has risen more than 200 % since the market bottom in 2009, aided by the U.S. Federal Reserve's monetary stimulus.

The Federal Open Market Committee and the European Central Bank are not only no longer offering a combined stimulus, they are a net drain on liquidity for the first time since stimulus was first introduced by former Fed Chairman Ben Bernanke.

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.

Posted by Nick Falvo under Bank of Canada, budgets, China, Conservative government, deficits, economic crisis, economic growth, employment, exchange rates, federal budget, fiscal policy, global crisis, household debt, IMF, interest rates, labour market, macroeconomics, manufacturing, monetary policy, recession, stimulus, unemployment.

Over the period 2008 - 09 to 2014 - 15, the federal debt increased by $ 155 billion, attributable to impact of the 2008 - 2009 financial crisis and the stimulus measures implemented by the government under its Economic Action Plans.

The initial $ 220 million investment in the fiber optic system was funded, in part, by a $ 111.6 million federal grant provided as part of the federal stimulus program in 2010 designed to spur jobs and the development of a smarter electric grid.

Aggressive stimulus measures by the Federal Reserve also indicate that we are not fully past the difficult times.

However, by September 2013, the IMF had done a 360 - degree turn and had the U.S leading a global recovery (albeit not very strongly) and the emerging market economies struggling with rising interest rates, capital flight and falling exchange rates, resulting from the possibility of a tapering of Federal Reserve Board monetary stimulus.

The government's ability to offer quick fiscal stimulus is limited by campaigning for a federal election on Oct. 19, the report said.

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 program.

For the most part, investors cite the market's four - year climb off its 2009 lows and the Dow's record closing to the Federal Reserve's aggressive and unprecedented monetary stimulus measures, which have helped push equities higher by driving down yields in safe - haven assets.

MILESTONES By Gordon Platt The emerging - markets currency crisis, spurred by the Federal Reserve's plan to begin winding down its economic stimulus, is prompting the BRICS countries — Brazil, Russia, India, China and South Africa — to move forward with the creation of.By Gordon Platt The emerging - markets currency crisis, spurred by the Federal Reserve's plan to begin winding down its economic stimulus, is prompting the BRICS countries — Brazil, Russia, India, China and South Africa — to move forward with the creation of.by the Federal Reserve's plan to begin winding down its economic stimulus, is prompting the BRICS countries — Brazil, Russia, India, China and South Africa — to move forward with the creation of...

Posted by Marc Lee under budgets, debt, deficits, federal budget, macroeconomics, public services, Role of government, stimulus, taxation, US.

WASHINGTON — Most business economists believe the Federal Reserve's controversial bond - buying stimulus program has helped boost the recovery, but differ on the effects of the healthcare reform law and other policies by President Obama and Congress, according to survey results released Monday.

«We are in the late innings of an expansion and it's not, by the book, the right time to apply fiscal stimulus,» said Grant Long, a senior economist at StreetEasy and former analyst at the Federal Reserve Bank of New York.

-LRB-...) After years of unprecedented monetary stimulus propping up the world's financial markets, investors are now confronting the reality of an end to the Federal Reserve's bond - buying program, which, as expected, the central bank reduced by another $ 10 billion on Wednesday.

The state also faces the loss of $ 5 billion of federal stimulus aid, and its problems are compounded by reduced tax revenue during the economic downturn.

It is «no coincidence» that Texas» seasonally adjusted payroll employment grew by 188,600 jobs over the past 10 months «at just the same time that the federal fiscal stimulus was providing its maximum economic benefit,» says Zandi, a former adviser to GOP presidential candidate John McCain.

Manhattan's Senior Planet began as part of a federal stimulus grant and is now supported by the New York City government.

In some instances, the federal stimulus plan could make our financial problems worse, by providing temporary financial support for permanent increases in our base - line health care and education spending, that eventually will need new, state - level sources of revenues to support.

The SLF, a left - of - centre pressure group, had first attempted to table a motion for the conference calling for a fiscal stimulus a month ago, but was rebuffed by the federal conference committee on the grounds that it would require a two - hour debate.

By the late 2000s — after the recession but before an influx of federal stimulus cash — New York City was getting just 9 percent of its funding from the federal government.

In addition to cutting the Department of Education's budget by $ 350 million, the plan replaces $ 853 million of expiring Federal stimulus funding with city money.

Unlike most states, New York shares its portion of Medicaid costs with the counties, and the trend lines should concern every taxpayer: With federal economic stimulus funds running out and federal health insurance changes, 16 million more Americans are expected join the 60 million now enrolled in Medicaid by 2014.

The council questions Cuomo's claim that schools have received «tremendous» increase in funding over the past decade, noting, for example, that aid increased 1.9 percent in 2009 - 10 largely because federal stimulus cash averted the need for layoffs that would have been caused by the $ 1.1 billion worth of cuts proposed by then - Gov.

Oneida County Executive Anthony J. Picente, Jr. and Utica Mayor David Roefaro today announced that the City of Utica will receive a $ 2 million grant as part of the federal stimulus package, opening a new chapter in the county - city partnership to reduce lead exposure in the City of Utica by funding efforts to abate lead in some 190 rental and... Read more

Federal economic stimulus aid helped close an estimated $ 162.5 billion in budget gaps among the 50 states in 2010, the report stated, citing a study by the Center on Budget and Policy Priorities, a Washington - based policy research group.

The new unit, headed by Sean Cenawood, the office's former affirmative civil enforcement coordinator, will target mortgage fraud, bank fraud, and fraud related to federal stimulus spending, among other white collar crimes.

According to the mayor, the state budget reduced education spending next year by $ 1.2 billion, while the city also lost $ 850 million in federal stimulus money that's used to support teachers» salaries.

Solar energy companies owned by a tea party Republican running for an open U.S. Senate seat in Wisconsin who is strongly opposed to the 2009 federal stimulus package have received $ 500,000 in grants under the program.

SolarCity has agreed to pay $ 29.5 million to settle allegations that it lied to the federal government by submitting inflated claims through a solar energy stimulus program, the Justice Department said.

School aid, in fact, increased through the recession, McMahon pointed out, because of federal stimulus aid, which ran out by the time Cuomo took office.

By Sean Ryan The president of a sewer construction company near Milwaukee wants the city to spend more federal stimulus money on sewer construction.

Oneida County Executive Anthony J. Picente, Jr., today voiced strong support for a proposal by Senator Charles Schumer to have county governments in New York State receive direct funding from the federal government as part of additional Medicaid funding for New York that will be included in the upcoming federal stimulus package.

«As the 2nd most conservative member of the New York State Assembly in rankings by the New York State Conservative Party and the # 1 Legislator in scoring by Unshackle Upstate, a New York reform organization, I know we need to slash federal spending, balance the budget, end the bailouts, take leftover money from the Obama stimulus package to pay down the deficit and support repealing Obamacare.

Utility executives and smart grid advocates agree that apart from the smart grid projects funded by $ 4 billion in federal stimulus grants, most current smart grid investment is going into improving the efficiency, reliability and profitability of power supply, rather than reaching consumers directly.

Soon, the approximately 130 PSM programs will likely be joined by dozens more, as the U.S. National Science Foundation (NSF) prepares to issue an announcement — expected later this month — of grants for establishing PSM programs with federal stimulus funds.

So when the Empire State cut support to districts by $ 1.2 billion simultaneously as federal stimulus dollars were running out, it hurt.

Funding to the district from state - generated revenues was essentially flat, but federal funding increased by 13.3 percent, largely due to the stimulus package.

District administrators clearly understood that the district's budget was heavily dependent on the state's basic education subsidy, and that the state had increased this subsidy in fiscal years 2010 and 2011 by using federal stimulus funding.

The termination of almost $ 1 billion in federal stimulus funding for education in Pennsylvania was to be offset by only a very modest replacement by the state.

Although the total number of education jobs is dropping at unprecedented levels, the federal economic - stimulus package approved last year by Congress can be credited with paying for 342,000, or 5.5 percent, of all teaching jobs nationally this school year, according to a new report.

Though the federal government can't force states to make these changes, it can provide incentives by offering states favorable standing in the next round of stimulus funding.

When everyone else was forced to rethink their priorities, school districts found themselves nicely bailed out by the federal government's $ 100 billion stimulus package.

According to a study released by the Government Accountability Office (GAO) last year, federal stimulus funds were being used for «retaining staff and current education programs» rather than advancing reforms.

As a result of this legislation, over 350,000 education - related jobs were saved, state governments devised ambitious plans to compete for $ 4 billion in «Race to the Top» grants, and the federal government put forth solutions to the problems faced by the nation's weakest schools But the long - term impact of the stimulus money is much more unclear, according to a nationwide review led by the Hechinger Institute on Education and the Media and the Education Writers Association.

This year's report also features a special analysis by the Editorial Projects in Education Research Center, which tracks several key economic indicators over time, unpacks education funding tied to the federal American Recovery and Reinvestment Act, and identifies education - related jobs saved as a result of the economic stimulus package.