Not exact matches
«In troubled times like these,
public companies turn to the private - equity markets because they don't have the same financing opportunities that they might otherwise possess, either
by selling more stock in the secondary markets or
by borrowing whatever money they need from banks,» he says.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state
borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion
by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new
public benefit corporation that could sell bonds secured
by future tolls, which it would be allowed to raise
by 50 % plus inflation every four years beginning in 2010.
To put this number into context, the total Treasury debt held
by the
public today is about $ 15 trillion; a $ 5 trillion revenue shortfall would
by itself require federal
borrowing equal to one - third of the debt currently in the hands of the
public.
Quantitative easing is making it worse
by facilitating more
public - sector
borrowing and preventing debt liquidation in the private sector - both erroneous steps in my view.
Similar
borrowing in the private sector of the economy is both accepted and wholly approved even
by the most eloquent, frequently vehement, opponents of the
public deficit.»
The central bank's foreign reserves have dropped
by $ 36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz Al Saud dips into Riyadh's rainy - day fund and increases domestic
borrowing to fund
public - sector salaries and large development projects.
The fall in the total
public sector
borrowing requirement over the same period has been somewhat larger, reflecting significant consolidation
by State governments, partly offset
by smaller surpluses of
public trading enterprises.
That's what made Woods's
public apology last Friday so jarring — it wasn't so much what he said, it was how diminished he looked, obscured
by a podium and swallowed up
by a too - big blazer that recalled a coat
borrowed by a teenager who had been forced to put on a jacket at a fancy restaurant.
Finally, the report noted that state and local revenue gains from federal tax reform will be further offset
by higher costs for state and local
borrowing, resulting from tax reform, and greater demand for
public services as charitable donations drop and federal budget cuts continue.
• We promised to restore Teacher training allowances and we have delivered • We promised to end dumsor and we have delivered • We promised to reduced fertilizer prices
by 50 % and we have delivered • We promised to establish a Ministry of Zongo and Inner City Affairs and we have delivered • We promised to increase and pay peacekeeping allowances increased from $ 31 to $ 35 and we have delivered • We promised to increase the share of the DACF to persons with disabilities from 2 % to 3 % and we have delivered • We promised a stimulus package to support local industry and we have delivered • We promised to implement a National Entrepreneurship and Innovation Plan and we have delivered • We promised a more efficient port system and we have delivered • We promised to reduce the rapid rate of
borrowing and accumulation of the
public debt and we have delivered • We promised to restore economic growth and we have delivered • We promised to reduce inflation and we have delivered.
I would add that further complicating matters is the likelihood that Scotland's credit rating would be lower than that of the United Kingdom, which would make it more expensive for the new government to
borrow in order to provide an equivalent level of
public services, a point made
by Prof Iain McLean.
Is it not interesting, that the «Apostles Against
Borrowing» have increased Ghana's
public debts
by a whooping $ 15 billion only in 6 months, through
borrowings?
Borrowing by various
public authorities is not included in cap requirements.
Miner opposed the governor's plan to bail out financially struggling cities
by permitting them to
borrow against their own
public pension systems.
New figures showed that
public sector net
borrowing rose
by a further # 15.2 billion last month, to reach # 110 billion for the first 11 months of the fiscal year.
In a BBC interview, Mr Osborne pledged to reduce Britain's
borrowing by cutting
public spending — rather than increasing taxes.
Similarly, the amount state and local governments will have to pay into the state's main pension fund for other
public employees would double to nearly $ 4 billion — even if most localities opt into a
borrowing scheme approved this year
by lawmakers to soften the blow.
Instead of competing with the Tories over cuts, Labour should be demanding a major
public sector investment programme of job creation in infrastructure, housing, and service provision funded, not
by any increas in
public borrowing, but
by taxing the 0.1 % super-rich on their # 190bn gains since the crash 4 years ago.
The debt is being taken on
by public authorities, quasi-
public entities that can
borrow outside of the normal bonding process.
If approved
by voters those propositions will: 1) Create a redistricting commission to draw the new state legislative and House of Representatives» district lines every 10 years, with the commission members appointed
by the state legislative leaders, 2) amend the current constitutional requirement of distributing paper versions of proposed bills to state legislators to allow for electronic distribution and 3) authorize New York State to
borrow up to $ 2 billion for school funding, with a stated purpose of «improving learning and opportunity for
public and nonpublic school students», including the purchase of equipment, expanding school broadband access, building classrooms for pre-K and replacing trailers and installing «high - tech security features.»
The Finance Minister did not comply with section 56 (1) of the
Public Financial Management Act, 2016 (Act 921) «the terms and conditions of all government
borrowings shall be laid before Parliament and shall not come into operation unless the terms and conditions are approved
by a resolution of Parliament in accordance with article 181 of the Constitution.
The poll is anomalous in giving the Conservatives a lead over the opposition, but it is in line with other surveys which find the
public still trusts the Conservatives with economic policy, despite George Osborne admitting he would exceed the
borrowing levels proposed
by Alastair Darling and be unable to eradicate the deficit
by the next election.
DiNapoli's office found cited the start of a new debt structure propped up
by the state's sales tax revenue that would allow for new
borrowing methods
by public authorities that are done so without voter approval.
Such as the fact that this budget increases new debt
by $ 8.7 billion, funneled largely through
public authorities — known as back - door
borrowing, because it stays off the state's books.
Public authorities, run
by his appointees, can
borrow with state taxpayers» backing without requiring voter approval, as when the state holds a referendum for a major bond act for transportation or environmental projects.
The report from state Controller Thomas DiNapoli found that there are 1,192 quasi-governmental
public authorities in the state and they are often used
by officials to conduct what is known as «backdoor
borrowing,» which has less
public scrutiny than traditional
borrowing.
Just like Miliband, McDonnell seems to be worried
by the response of the
public to higher taxes and
borrowing, so he falls back on intangibles like growth and tax avoidance.
In May, shortly before the Crewe and Nantwich
by - election, Alistair Darling forked out # 2.7 billion of
public money - paid for
by borrowing - to cobble together a rescue package for the 10p tax debacle.
There are three ballot propositions on the November ballot: 1) Creation of a redistricting commission to draw the new state legislative and House of Representatives» district lines every 10 years, with the commission members appointed
by the state legislative leaders, 2) amend the current constitutional requirement of distributing paper versions of proposed bills to state legislators to allow for electronic distribution and 3) authorize New York State to
borrow up to $ 2 billion for school funding, with a stated purpose of «improving learning and opportunity for
public and nonpublic school students», including the purchase of equipment, expanding school broadband access, building classrooms for pre-K and replacing trailers and installing «high - tech security features.»
Erie County Legislature Chairman John J. Mills today subpoenaed the six members of the Erie County Fiscal Stability Authority's (ECFSA) board after they ignored a resolution passed unanimously
by the Legislature asking for a
public discussion with board members to fully vet the $ 120 million
borrowing plan for ECMC, which the ECFSA approved on Wednesday, March 15th in a 5 - 1 vote.
Speaking at a
public lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired
by Former President John Agyekum Kufuor, Dr. Bawumia revealed that, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is around 7 billion dollars, whereas government has
borrowed in excess of 39 billion dollars.
He promised # 30bn in extra in spending on
public services in Scotland and # 40bn on infrastructure over the next decade, financed
by heavier taxes and
borrowing.
A growth policy, which is desperately needed, could be generated without any increase in
public borrowing,
by switching Mervyn King's further # 25bn tranche of QE from the banks to industrial investment,
by taxing the ultra-rich on the # 155bn gains they've made (according to the Sunday Times) over the last 3 years, and / or
by instructing the nationalised banks RBS and Lloyds to prioritise their lending on jobs in house - building and infrastructure.
Pausing the financing for the project was prompted
by residents filing petitions forcing a
public referendum on
borrowing $ 5.1 million, which was approved
by the board in January.
After Shia LaBeouf was accused of plagiarizing Daniel Clowes in December of 2013, the Transformers star kicked off a campaign of bizarre
public behavior he later explained
by way of
borrowing the go - to excuse of Hollywood's pretentious and / or just - fucking - around class: It was all performance art.
Borrowing from the «Charter School Messaging Notebook» and
public school messaging research conducted in North Carolina
by the Neimand Collaborative, here are some suggested sound bites for
public school officials:
Illinois»
public school districts are roughly $ 20 billion in debt, a staggering figure fueled in part
by decades of special deals in Springfield that have given districts exemptions so they can keep
borrowing beyond limits set
by law.
By way of example, St. Paul
Public Schools, the state's largest district, anticipates having to
borrow $ 30 million because of the shift, which will cost about $ 450,000 over the course of the biennium.
OverDrive, one of the leading sources of loanable digital content for
public and school libraries, was represented
by Potash, who spoke about the statistics that show library patrons are more likely to purchase a title after having
borrowed the ebook.
OverDrive, whose ebook
borrowing app continues to be the top - rated large - scale lending app
by iOS and Android users, has enjoyed a fairly solid run as not only a content provider to academic and
public libraries, but also in other ways.
You can
borrow e-books from many
public libraries in the United States, but the process is clunky — because it entails using a system provided
by a third party, Overdrive — and you can't read them on a Kindle device or any of the Kindle apps.
Ebook
borrowing in
public librairies is very popular here, and librairies offer nice and accessible platforms developped
by DeMarque, a world leader in the industry.
The real benefit of Sony Reader devices is that they also support library lending, so if your local
public library offers this service (powered
by OverDrive), you'll be able to
borrow books for free.
Sony continues to offer its popular and critically - acclaimed
public library lending feature
by offering patrons with a valid library card the ability to easily and conveniently
borrow free e-books wirelessly from over 15,000
public libraries in the US via an intuitive, simple - to - use dedicated icon on the device.
A document
by New Zealand's Association of
Public Library Managers pinpoints the libraries» main obstacle, namely the DRM status the limits how many times a book can be
borrowed, breaks down the compatibility across different devices, and forces a waiting period on ebooks, therefore treating them like their print counterparts.
Interlibrary Loan is a service that allows valid Brooklyn
Public Library cardholders to request to
borrow books not owned
by BPL from other libraries in the United States.
So if you're wondering why you can't
borrow an ebook of Sylvia Day's Bared to You from your
public library, it's because she's published
by Berkley Books, a division of Penguin.
A Texas county is set this fall to open one of the nation's first entirely digital
public libraries, an information storehouse where people will be able to check out books only
by downloading them to their own devices or
borrowing electronic readers.
However, many people do get free access to books from
public libraries,
by borrowing from friends, or as pass - alongs and hand - me - downs.
The cloudLibrary
by bibliotheca application is an innovative way to browse,
borrow and read popular fiction and non-fiction eBooks from your local
public library.