Sentences with phrase «cover budget deficits»

Rebrokering costs are often made up of sweeteners to entice new trusts, including funds to cover budget deficits and school improvement.

If the government raises tax rates to cover budget deficits, then my retirement tax rate could be higher.

First, Dicker reports that Paterson has secretly been urging a tax increase on individuals earning more than $ 500,000, in order to make an additional $ 8 billion to cover the budget deficit before his re-election campaign in 2010, when the taxes will mysteriously fade away.

Not exact matches

The Byrd rule also prohibits initiatives that would increase the deficit beyond the fiscal years covered by the budget resolution.

But they used massive tax hikes to do it — a 32 % increase in state income taxes and 33 % increase in state corporate taxes — and still Illinois» new budget generates only $ 5 billion, not nearly enough to cover its $ 15 billion deficit.

Without an integrated plan to expand our economy and balance the budget, Ontario will face even higher deficits and will struggle even more to cover the cost of essential public services.

Pay - as - you - go rules (often called PAYGO) covered the rest of the budget: changes to mandatory spending and revenues could not together increase the deficit in any bill when pay - as - you - go rules were enforced.

Finally, provisions in a reconciliation bill that increase the deficit beyond the period covered by the budget resolution are subject to a 60 - vote point of order under the «Byrd rule» unless the costs are offset by savings from other provisions in the bill.

In an ideal situation, governments are just borrowing this money to cover short - term budget deficits or to finance mission critical projects.

Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.

This poll could provide some cover to state lawmakers are they continue struggling to find ways to close the remaining $ 3.2 billion or so of the $ 9.2 billion budget deficit.

With the state budget now 27 days late, Gov. David Paterson today pleaded with the Legislature to pretty please give an up - or - down passage to his proposal — enhanced with an additional $ 620 million worth of cuts and revenue to cover a deficit gap that has opened since his Feb. 9 budget amendments.

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

«According to reports, Nigeria desires to raise about $ 5 billion abroad to cover part of its 2016 budget deficit.

Gov. Cuomo has OK'd a bill allowing suburban Rockland County to issue bonds to cover a portion of its huge budget deficit — without the customary mandate for a state...

The 2016 budget includes a $ 12.1 million projected deficit, which will need to be covered by the city's reserve fund.

Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated by the federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of dollars, the state's top fiscal officer said Tuesday.

Westchester County has a $ 2 billion budget covering everything from parks to police, and a $ 166 million deficit.

Cuomo's budget division says it will cover most of the $ 3.5 billion deficit with unspecified cuts (and some accounting gimmicks, no doubt, like re-classifying certain spending programs) that hold operating spending growth to 2 percent.

State leaders are setting aside nearly $ 5 million to help cover an NFTA budget deficit, though transit officials say it's not enough to avoid a planned rate hike.

The surplus funds used to cover this deficit are not available this year, and the Town Board either had to impose a 15 percent tax increase or drastically cut town employees to balance the 2012 budget.

The loan would also help cover an $ 18 million budget deficit for Erie County, but comptroller Stefan Mychajliw is among leaders not sure it's a good idea.

«The temptation for Cuomo will be to use state - budget surpluses to avoid the problem for a couple of more years — that is, give them a few hundred million dollars a year out of the state budget to cover the operating budget deficits that will get bigger as the M.T.A. devotes more money to debt service,» she emailed.

The way the mandated $ 10 million payment to reduce the deficit in this budget was covered was by raising the County property taxes by 2 % and $ 8 million was achieved by permanent cuts in the operations of the County.

One of the ballot issues defeated was a request by school officials for authority to issue $ 160 million in bonds to cover the district's current - year deficit, which represents about 23 percent of its annual budget.

The report goes on to explain that the new budget uses borrowing, one - time revenues, and fund transfers to close budget deficits and cover operating expenses and reports that, «By relying on these measures, rather than recurring revenues to close the state's budget gap... state policymakers have opened up a larger revenue hole in future budget years.»

Deep within the bill, in Section 292 of the 297 section document, the Malloy Administration is authorized to «loan» the City of Bridgeport $ 3,500,000 to cover a school budget deficit they face this year.

Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.

But a balanced budget was certainly an improvement over last year when the state had to «loan» Bridgeport $ 3.5 million to cover a school budget deficit at the end of the school year.

But higher inflation is more likely further out as the government issues more securities to cover mortgage losses and continuing budget deficits.

On Oct. 31, The New York Times and the Wall Street Journal both reported that Cooper Union was running a $ 16.5 million budget deficit and that officials were now seriously considering charging tuition as a way to generate enough revenue to cover increasing costs.