This won't just be because ducking is always a tempting response to tough questions, especially questions as tough as those raised
by public spending cuts.
The localism thinktank highlighted a funding gap brought about
by public spending cuts and the savings councils are currently making through shared services.
The government seeks to take money out of the economy
by public spending cuts and tax increases to reduce the budget deficit.
Not exact matches
Attempts
by Monti's government to
cut spending caused widespread
public anger, boosting the support of populist parties in the election.
As talk about the economy has largely focused on tax
cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general
public seem to be missing is the increased
spending soon to be pumped into the U.S. economy
by the government.
Under the Canada Economic Action Plan the deficit will be eliminated
by 2015 - 16; although total net
public debt will have increased
by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent
by 2019 - 20; program
spending will fall to below 13 percent of GDP and will continue to fall thereafter;
public sector jobs have been eliminated; and income and corporate taxes have been
cut.
As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy
by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europe).
It also must commit to
cutting back pensions and
public spending by enough to step up its NATO
spending to finance the bombing and destabilization of Syria and the Near East, and over and above this, to accept the cost of supporting all the refugees caused
by US policy and its foreign legion in the form of ISIS, Al quaeda and Al Nusra.
The Spanish government outlined an austere 2014 budget that includes further
cuts in
spending by its ministries and a salary freeze for
public employees despite the country's emergence from recession.
In recognizing the catalysts behind the
public's persistence to save and reluctance to
spend, additional analysis
by policymakers should focus on the efficacy of further rate
cuts on
spending and investment, as well as potential «roundabout» benefits of a more normal rates regime to affirm support toward the
public's saving objectives, with the end goal of boosting
public's risk sentiment and perceptions of future economic stability.
The government, it said, remained on course for a # 10 billion surplus in 2019 - 20, but only
by delaying capital investment, promising further
cuts in
spending on
public services, and bringing forward a one - off boost to corporation tax receipts into 2019 - 20.
By focusing the attention of faculty members now accustomed to routine
spending increases,
cuts in funding may have the unintended effect of improving the situation of teaching and learning about which a concerned
public is justifiably upset.
Chicago
Public Schools has increased property taxes the past two years, a move Emanuel has justified in part
by talking about cost -
cutting initiatives at the central office and the need to emphasize greater
spending on the city's children.
A modelling exercise for the Resolution Foundation
by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further
cuts in
public spending, living standards will fall for low and middle income households
by between 3 and 15 per cent (Brewer et al., 2012).
It's possible that the
cuts will have taken such a toll on
public services
by then that we'll be hollering for more
spending, but I see no sign of it just yet.
Labour lost the election, and power passed to the strongly Thatcherite administration led
by Sir Horace Cutler who in turn moved to
cut public spending and encourage those living in council houses to buy their own homes.
Of course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in
public services represents a political choice
by the current Conservative government, which has opted to
spend the tax revenues generated
by immigrants and refugees on tax
cuts for businesses and reducing the deficit rather than expanding healthcare and education provision.
Where the big society is seen
by many as a cover for
spending cuts, some of the provisions of the Localism Bill aim to make local authorities more accountable for the way
public money is
spent.
The future strategic tanker aircraft has seen a # 336 million increase in cost because of fuel price inflation, but a failure to take advantage of opportunities to
cut the overall bill on the Queen Elizabeth aircraft carrier was criticised
by the
public spending watchdog.
The communities secretary has suggested that although cutbacks are serious, local authorities will still be able to provide a «reasonable level of services»,
by cutting wasteful
spending and allowing them to come up with more innovative ways of providing
public services.
«
Public sector
spending cuts are now beginning to bite and with the exception of a steady recovery in the private housing market, where starts are forecast to increase
by 5 % this year and 11 % next, the private sector is pretty subdued.
In those more recent fiscal squeezes, year - to - year
cuts in
public spending have been notably less deep than those imposed after both world wars or the «Geddes Axe»
cuts initiated
by the Conservative - Liberal coalition of the early 1920s.
This is despite the catch - all language of «
cuts» used
by political opponents, as well as
by governments themselves when it suited to portray themselves as bearing down hard on
public spending.
The latest Construction Trade Survey published today, shows that the
cuts to
public spending, announced
by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some time.
By contrast, Cameron is expected to use this week's reshuffle to placate the disaffected Tory Right who urge for increased tax and
public spending cuts.
Critics of the idea have claimed it is a cover for the coalition's
spending cuts agenda,
by transferring responsibility from the state to unprepared members of the
public.
But I bet you that, when all those people are deciding which name to put a cross
by on 2 May, ultimately they'll be asking themselves the same question: «While
cuts are being made to
public spending, who can I rely on to
spend the money that is available on the right things?»
George Osborne has defended himself against criticism of his
spending cuts by insisting he will be just as affected as a normal member of the
public.
He also partially distanced himself from the policy of Alistair Darling, the previous Labour Chancellor, to make
public spending cuts sufficient to halve the government deficit in four years,
by calling it a starting point.
In 2010 he announced that the main priority of the coalition was to eliminate the
public deficit
by 2015 and that this would be achieved through a draconian programme of
public spending cuts.
That
cutting public spending will not help restore economic growth and is also socially regressive has been outlined
by numerous authors elsewhere (for example here and here).
When the Labour governments elected in those years squandered their political support
by wave after wave of pay restraint and finally IMF - inspired
cuts in
public spending, Margaret Thatcher came to power in 1979 and made a last ditch attempt to stem the Tory decline.
In 2001 when a shadow Treasury minister he had to go into hiding during that year's election campaign after claiming the Tories wanted to
cut public spending by # 20 billion rather than the # 8 billion they had publicly stated.
Public Sector Cuts Finally Start to Bite The latest Construction Trade Survey published today, shows that the cuts to public spending, announced by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some
Public Sector
Cuts Finally Start to Bite The latest Construction Trade Survey published today, shows that the cuts to public spending, announced by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some t
Cuts Finally Start to Bite The latest Construction Trade Survey published today, shows that the
cuts to public spending, announced by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some t
cuts to
public spending, announced by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some
public spending, announced
by the government last autumn, have finally started to impact on construction activity, confirming the fears the industry has warned about for some time.
In a BBC interview, Mr Osborne pledged to reduce Britain's borrowing
by cutting public spending — rather than increasing taxes.
Mr Darling is planning to
cut Britain's debts
by levying more tax and
cutting public spending, though less than under Conservative plans.
The sheer magnitude of continued «unspecified»
spending cuts forced
by the two percent
spending cap — $ 1.7 billion in fiscal year 2017, $ 3.3 billion in 2018, and $ 4.8 billion in 2019 — will inevitably starve our schools and
public universities and prevent our state from making the investments needed to expand opportunities for those struggling to lift themselves out of poverty.
But
by leaping in to defend
public workers, the president risks alienating swing voters in those states and nationwide who are sympathetic to GOP governors perceived as taking on special interests to
cut spending.
His claim that unemployment will fall rather than rise in the course of this Parliament is based on the OBR assessment, rapidly rushed out to give ammunition to contest the anticipated Harman attack (incidentally providing the first suspicions about the OBR's objectivity), that whilst 600,000
public sector jobs will be lost
by 2015 - 6 and a similar figure (though unspecified) in the private sector as a result of the
public spending cuts, some 2.5 m jobs will be created over the same period in the private sector.
A policy gaffe
by Oliver Letwin over
public spending cuts left the party with an own goal that Labour soon took advantage of.
The government has made commitments to crack down on tax avoidance in order to ease the impact of
public spending cuts, though the # 2 billion figure suggested
by Mr Gauke was dismissed as insufficient
by unions.
The
public spending cuts will wound a sector bolstered
by injections of funding under Labour from the mid-90s when money was redirected away from universities to early years learning and further education.
Labour, trade unions and some economists argue that
by drastically
cutting spending in the
public sector the government is preventing demand in the economy, just when international markets become more and more volatile.
A report
by the
public accounts committee found that
by cutting staff
by 3,300, HMRC failed to claw back an extra # 1.1 billion of money it was owed, raising questions about whether
spending cuts are becoming self - defeating.
The report was compiled
by Kevin Connor, co-director of the nonprofit
Public Accountability Initiative, in collaboration with Community Voices Heard and VOCAL — two groups that have been protesting CSNY and Cuomo's proposed
spending cuts for several weeks now.
Delegates buoyed
by Vince Cable's colourful and blistering attack on the Tories this morning asked the deputy prime minister tricky questions regarding losing «the soul» (Clegg's words) of the Liberal Democrat Party via being associated with government measures such as the «bedroom tax» (defended and carefully referred to as the «spare bedroom subsidy»
by Clegg), the notorious immigration vans and
public spending cuts.
If the tax
cuts are financed
by cuts to
public sector
spending, their net economic effect might be less than if that
spending was continued.
It's a first salvo in what's expected to be a protracted budget battle as Gov. Andrew Cuomo gears up to fulfill his pledge to make deep
spending cuts — most likely
by goring the ox of some heretofore sacred cows, including the
public employee unions and education aid.
Some 94 per cent believe that the deficit in the
public finances should be tackled more
by cutting spending than raising taxes, while only 2 per cent disagree.
Clegg tried to show a bit of Thatcherite ankle before his spring conference last weekend, praising the Great She - Elephant's victory over the trade unions as «immensely significant» and saying that the
public finances should be repaired
by spending cuts rather than tax rises.