Sentences with phrase «cut federal spending in»

Finding a place to cut federal spending in order to free up funds for childcare is, of course, not an easy task.

Not exact matches

Poloz indicated in his statement that the prospect of a big spending push by the federal government caused the committee to move away from its intention to cut interest rates.

The Trump administration already has relied on the House bill's healthcare spending cuts in its proposed federal budget.

Many state tax systems are also inadequate to address coming budget shortfalls or to finance the kind of investment necessary to offset the drop in federal spending that will inevitably follow Congress's $ 1.5 trillion tax cut.

In addition, $ 100 billion in automatic federal spending cuts will take effect unless Congress actIn addition, $ 100 billion in automatic federal spending cuts will take effect unless Congress actin automatic federal spending cuts will take effect unless Congress acts.

Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say.

Cuts in federal spending have created a fierce job market where every position is highly prized.

The tax cut and excess federal spending may boost some areas of the economy, but thus far, it has not produced anything more than a modest boost in capital spending (most of it from capital intensive technology companies) but a surge in stock buybacks and dividend increases, Apple being a case in point.

If Democrats and Republicans can't find a way to spend within those limits, the sequester kicks in, which brings federal spending under the statutory caps via automatic, across - the - board cuts.

He would reduce the federal debt and deficit by cutting federal spending, nearly in half.

In the United States, the federal government has traditionally underwritten investment in early stage energy technology, but the White House has proposed cutting that spendinIn the United States, the federal government has traditionally underwritten investment in early stage energy technology, but the White House has proposed cutting that spendinin early stage energy technology, but the White House has proposed cutting that spending.

The drop in spending largely reflects cut backs in the federal government required by the so - called sequester that went into effect in March.

After inheriting a surplus the government immediately cut the GST by two points, and in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant spending cuts in the 2010, 2011 and 20012 budgets in order to put the federal finances back on a sustainable path.

Congressional Republicans — including nearly all of the Texas delegation — spent the aftermath of Hurricane Sandy insisting that any new funding for hurricane relief had to be offset with cuts elsewhere in the federal budget.

OTTAWA — As Finance Minister Jim Flaherty delivers the federal budget Thursday in the House of Commons, the Office of the Parliamentary Budget Officer will deliver arguments in court seeking clarity on its mandate and more information on the Conservative government's spending cuts.

Meanwhile, bond king Bill Gross found silliness on the trading floor, Larry Summers did not become the next Federal Reserve chairman, and U.K. Prime Minister David Cameron called for spending cuts in a gold - laden throne room — making a bigger fool of himself than millions of tweeters ever could.

And to make matters worse, it's not really a cut, as a reduction in spending, but just a cut in the rate of growth of federal spending.

A senior Democratic aide said the party's position is that emergency spending need not be offset by cuts elsewhere in the federal budget, making Pelosi's statement a challenge to Republicans who have insisted that previous aid packages not add to the federal budget deficit.

Michael Gregory, a senior economist at BMO Capital Markets, likens the burst of tax cuts and federal spending to a similar situation early in the 1960s when John F. Kennedy was president.

The Harper government's 2012 budget called for substantial cuts to federal spending on the environment: $ 83.3 million in 2012 - 13, $ 117.9 million in 2013 - 14 and, starting in 2014 - 15, $ 180.5 million per year on an ongoing basis.

The status quo fiscal projection, which assumes no new spending programs and no new tax cuts, is now for the federal books to move into a small surplus in 2019 - 20, and for the federal debt to GDP ratio in 2019 - 20 to be 27 %.

We support a balanced budget, but to do so will require deep cuts in the mandatory spending that account for two - thirds of federal spending — not much smaller discretionary accounts like foreign assistance, which represents less than two - thirds of one percent of the budget.

Cuomo has said he wanted more insight into the federal government's plans in terms of potential cuts to state before setting the state's own spending priorities.

Cuomo last week blamed the federal government and potential cuts from the Republican - led Congress for uncertainty he said at the time could result in a temporary spending plan.

The final agreement not only burnishes Cuomo's liberal credentials by extending (though not expanding) the millionaire's tax, raising the age of criminal responsibility of New York and addressing the high cost of college tuition for members of the middle class, it also dramatically increases his (already considerable) budget powers, enabling him to single - handedly make spending cuts in the event of widely expected future federal funding reductions.

What once was shaping up as bare - cupboard exercise in federal government cuts is now, relatively speaking, a cup - runneth - over cornucopia of spending that New York's lawmakers are hailing as a budgetary breakthrough.

Stung by the expiration of federal aid intended to help states balance budgets as they seek to recover from the recession that began in 2008, the final budget is also expected to include another cut in local aid to cities and towns and to call for reduced growth in the rate of spending on education and health care, although special education is one of the few areas in which significant investments appear imminent.

Members of the conservative House Freedom Caucus, a formidable bloc in the House, have said they will not support the budget until they see the tax reform plan and want the resolution to contain more cuts to federal spending than the $ 203 billion over a decade that it already contains.

Following a few years of relative fiscal stability thanks to the economic recovery and bank settlements following the financial collapse, New York is staring down a budget deficit of more than $ 4 billion, an amount that could be grow because of cuts in federal health care spending and the tax overhaul.

The conservative increase in outlays is prudent given vicious likely spending cuts from Washington and a federal tax plan that could hammer the state's economy.

With President - elect Donald Trump and a newly empowered, Republican - dominated Congress soon taking control of the federal budget, the potential for substantial cuts in domestic spending poses gargantuan challenges for New York state and city budgets.

On Tuesday, the governor warned that «dramatic» budget spending increases are unaffordable, given threats of federal funding cuts in Washington, but he said he'd be willing to agree to «modest» increases.

Only Assemblyman Andy Goodell, a Republican from Jamestown, brought up Part XXX — which contains language on page 269 granting the governor more power to adjust the state spending plan in response to federal cuts.

After weeks of gloomy warnings regarding an impending federal fiscal cliff, Congress worked at the last minute to avoid the automatic spending cuts and tax hikes that would have taken effect in the new year.

As Gov. Andrew Cuomo raises the possibility of an «extender» budget blamed on federal government - level uncertainty over potential cuts in spending to the state, the Fiscal Policy Institute has released a report examining the impact of D.C. aid to New York state and local governments.

The $ 4.1 trillion spending plan calls for steep cuts in a range of support programs for low - income individuals to balance the federal government's books over the next decade.

BY DUNCAN OSBORNE While Mayor Bill de Blasio is proposing to increase spending by roughly $ 2 billion in the city fiscal year that begins on July 1, cuts in federal and state support for the city may force the mayor to curtail those plans.

So Weprin has been put on the defensive about Obama's Middle East policy, while Turner appears to have managed to avoid the drawbacks of his party association, and has largely been taken at his word when he says he would buck the House Republicans on an overhaul of entitlement programs, even though he has pushed, at times, for 30 - 35 percent cuts in federal spending.

It will slightly cut overall spending for the second year in a row while limiting growth in state spending — sans federal funds — to just under 2 %, Skelos said.

Cuomo has long warned that deep cuts to federal health care spending could rip huge holes in the state's budget and devastate health care coverage for New Yorkers.

Whenever the next update comes out, it probably will show a worsening FY 2018 budget gap, and perhaps even a true potential deficit for the current year — depending on whether Cuomo forces a post-election special session based on his power to cut spending in the wake of big enough drops in federal revenue.

The advocates — whose job is to always say it's not enough — don't recognize the state must to be mindful of spending in a year when federal tax policy and federal healthcare cuts, among other things must be accounted for because revenue is tight.

National and local health care officials said cuts in federal spending to combat the Zika virus means fewer pregnant women will be tested and there will be less money available to develop a vaccine and research how the disease affects fetal brains.

At the time, Cuomo did not include any contingency plans for action on the federal level, such as a repeal of the Affordable Care Act or cuts in spending that would impact the state, save for a desire to have expanded powers over the budget without the consent of the Legislature — a non-starter with lawmakers.

So, to recap: The congresswoman is seeking more spending by the federal government here in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require additional cuts at a time when Washington is already polarized over reductions mandated by the debt ceiling deal passed early this month.

At the same time, the NY - 19 Republican voiced support for the call by House Majority Leader Eric Cantor that any additional disaster funding be offset by spending cuts elsewhere in the federal budgt.

The mailer basically argues that by backing federal spending cuts and helping create jobs, Corwin will be «getting America's fiscal house in order... the best insurance for our seniors.»

Add Rep. Tom Reed to the list of New York Republicans who support House Majority Leader Eric Cantor's call for offsetting additional disaster aid in the wake of Irene with spending cuts elsewhere in the federal budget.

The Trump administration reportedly is planning to offset the steep cost of a Mexico border wall by instructing the Department of Homeland Security to cut spending on surveillance technology and freeze the pay of federal officers in the 2019 fiscal year.

Trump's first budget for the federal government is a blueprint that would make deep cuts in the Environmental Protection Agency and other domestic programs while significantly increasing spending on the military.