Sentences with phrase «by public spending cuts»

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 somePublic 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 tCuts 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 tcuts 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 somepublic 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.
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