Sentences with phrase «cuts in government spending»

But the president - elect's pick to lead the White House Office of Management and Budget, Representative Mick Mulvaney (Republican, South Carolina), has pushed for sharp cuts in government spending in recent years.

The Republican's obsession with debt (or maybe that's just a convenient excuse) has them calling for more and bigger cuts in government spending.

Independents want cuts in government spending and entitlement reform, but just not those cuts and reforms in things like education and Medicare and various middle class subsidies from which they immediately benefit.

«In the short to medium term, Angola may have to struggle with a weakening current - account deficit, lower fiscal revenue and likely cuts in government spending,» says Abiola Rasaq, head of research and strategy at Lagos - based financial institution Associated Discount House.

However, there is hope that growth accelerated in early 2013 despite higher taxes and cuts in government spending.

When the Social Democrats in Sweden tackled their deficit in the 1990s, they started with an 11 % across - the - board cut in government spending, followed by similar sized cuts to local government.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Here is how the small - business agency is going to be affected by the $ 85 billion in government - spending cuts that will go into effect starting Friday.

The party plans to find $ 1.3 billion in government spending cuts (just like the Liberals, but in a shorter time frame), which would be achieved partially through a hiring freeze in the public sector.

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.

Governments often cut spending and balance the books in time for an election.

There has been a common consensus that world governments have slightly taken a back seat on the issue of sustainability and the environment (the sustainable development commission was axed in 2010 as part of Uk government spending cuts for example).

To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.

Pressure on Washington, D.C., to cut its overall spending has resulted in fewer government contracts available for all businesses, says John Shoraka, associate administrator for government contracting and business development at the SBA, in a conference call with reporters.

Both identify about $ 1.2 trillion in spending cuts to the day - to - day operating budgets of government agencies, though Reid's proposal also counts an extra $ 1 trillion in savings from winding down wars in Iraq and Afghanistan.

The cliff is a combination of expiring tax breaks and automatic spending cuts that could remove up to $ 720 billion of government stimulus from the U.S. economy starting in January, all of which has prompted various doomsday scenarios.

While the president - elect hasn't specifically said he'd cut alternative energy credits, they could become a target in his plan to slash government spending.

Though, she cautioned that the threat of a government shutdown and the fiscal restraint imposed by years of the 2013 sequester, which will cut more than $ 1 trillion in government spending through 2021, could be calamitous.

Reis argued that helicopter drops might be ineffective because the Fed already turns over its profits to the government and might reduce these transfers after such a move, leading the government to cut spending in the future.

Attempts by Monti's government to cut spending caused widespread public anger, boosting the support of populist parties in the election.

Even if the next government turns away from the tax hikes and spending cuts brought in by Monti, it will struggle to revive an economy which has scarcely grown in two decades.

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.

With the government's strategy over the past few months apparently focused on undermining the Wildrose Alliance by stealing from its agenda, many had expected the Tories would further woo disaffected right - wing voters with deep spending cuts in this year's budget, which was unveiled on Feb. 9.

Balancing the budget in every year would mean that governments would be forced to increase taxes and cut spending in downturns, and to do the opposite when the economy is growing quickly.

Saudis need financing for the war in Yemen and a generous system of state handouts (government spending cuts have limits, especially when some 90 percent of the population is employed by the government).

Protecting major transfers to persons, spending on health and education and other spending such as that for Aboriginal programs, research and development, and assuming you won't revisit defense and international assistance, then to find an additional $ 8 to $ 11 billion by 2015 - 16 would require major cuts in labor market programs, spending on the homeless, infrastructure programs, and last, but certainly not least, government personnel costs.

Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new governments come in and promise to deliver spending cuts, tax increases and balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were running from just a few months ago.

Interest rates in the US were reduced to historically low levels during 2001, while discretionary tax cuts and government spending increases (along with the automatic stabilisers) have shifted the fiscal position in a markedly expansionary direction.

Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...

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

The stimulus was to be implemented in 2009 and 2010 and could take the form of either increased government spending and / or tax cuts.

The government's need for new financing, rising, in part, from tax cuts and increased spending... Read more

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.

The report just released by the PBO shows that because of the cuts to direct program spending introduced in the 2010 and 2012 budgets and the changes to the Canada Health Transfer (CHT) and the Old Age Security (OAS) system, the government now has a fiscal structure that is sustainable in the long term.

Inflation is also likely to be fanned by an anticipated pickup in economic growth, driven by a $ US1.5 trillion tax cut package and increased government spending.

The reason for cutting spending in Budget 2012 was simply an ideological desire for smaller government and the need to placate Conservative supporters.

Some economists have raised concerns that recent moves by the Trump administration and Congress to boost economic growth through $ 1.5 trillion in tax cuts and increased government spending could cause the Fed to worry about overheating and inflation.

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.

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.

Together with the stimulative effects of tax cuts and more government spending, the most likely outlook remains a robust one, with growth still reaching 2.8 % for 2018 and 3.0 % in 2019.

In response to these strains, state and local governments have cut infrastructure investment, slashed support for higher education, cut spending on K — 12 education, cut spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.

The Liberal government spends only five per cent of the province's GDP on agri - food (far below the national average of 14 per cent), cut thesuccessful Buy B.C. program, and in 2009 cut theAgriculture and Lands budget by 25.4 per cent.

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.

But with or without the GST cut, we'd still be in surplus — yes, even today — had the last two governments shown the slightest discipline in spending.

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.

Cutting government services — either temporarily in a shutdown, or permanently through spending reductions — can disrupt a broad range of commerce and hit American workers and businesses tied to the public sector.

Even if we do observe economic weakness, it's not likely in my view that the Fed will have much leeway to cut rates, due to persistent inflation pressures (which have historically been associated with profligate government spending of precisely the sort that has been revived in the past few years).

Overall, the government will face $ 600 billion in spending cuts and tax increases on January 1.

Cut government spending and, in general, more people are added to the unemployment line.

He cavalierly promises to cut close to $ 6 billion in government spending if he becomes premier after the June 7 provincial election.