Sentences with phrase «discretionary outlays»

So if you're prudent about how you tap your conservatively invested $ 800,000 nest egg for discretionary outlays — say, starting with an initial withdrawal rate of 3 % to 4 % subsequently adjusted for inflation each year — you should easily be able to fund a comfortable lifestyle that extends well beyond the basics without having to worry about outliving your assets.

One you've completed this process, you'll not only have a list of all your expenses, but you'll know which are essential and what portion of your total spending goes toward essential vs discretionary outlays.

BlackRock's Retirement Expense Worksheet, for example, allows you to enter upwards of 50 separate expense items in eight categories ranging from essential expenditures such as housing, food and insurance to more discretionary outlays like entertainment, travel, gifts and charitable contributions.

You can then rely on draws from the remainder of your savings to cover whatever remains of essential expenses, plus discretionary outlays (travel, entertainment, etc.).

The Obama administration has proposed an unusual end run around the limits, with a mix of traditional discretionary outlays for R&D coupled with new «mandatory spending» requests that would require separate legislative approval.

The AAAS calculation used a literal interpretation of these two statements by OMB and CBO, reducing the President's estimate of discretionary outlays for FY 2001 by $ 40 billion and discretionary outlays for FY 2002 by $ 81 billion, and reduces budget authority by the same amounts.

That analysis noted an ambiguity in the Administration's budget documents which left room for an alternative interpretation resulting in somewhat smaller reductions in discretionary outlays.

The original AAAS analysis of the outyears in the President's budget, published on May 16, was based on a literal interpretation of the language contained in the President's budget that would have required a reduction of $ 40 billion in discretionary outlays in FY 2001 and $ 81 billion in FY 2002 in order to balance under CBO's economic assumptions.

The ambiguity has been resolved by the Mid-Session Review which indicates that the Administration would reduce the President's March estimates of discretionary outlays by $ 20.2 billion in FY 2001 and $ 45.6 billion in FY 2002.

In effect, the BCA set caps mandating that discretionary outlays rise a couple of points a year from a low baseline established by the deep cuts between 2011 and 2013.

Not exact matches

The February federal budget deal, meanwhile, hikes outlays in both of the two categories of «discretionary» spending, defense and federal programs from foreign aid to housing subsidies, by an unprecedented 12 %, or $ 150 billion a year in 2018 and 2019.

The accord not only greatly increases discretionary spending over the next two years, it lifts the baseline for future outlays by double - digits, putting deficits and debt on a far steeper trajectory.

Republican Presidents, including Trump, have promised to balance future budgets with gigantic reductions in discretionary spending, a category that includes both outlays for defense, and all other areas that are voted each year (as opposed to entitlements that provide benefits guided by a fixed formula).

The changing composition of the federal budget from discretionary to mandatory outlays bears this out.

The discretionary budget — the part of the budget Congress has to allocate annually through the appropriations process — only represents about a third of all federal outlays, but contains virtually all science and technology spending.

(The caps apply only to so - called discretionary spending, which accounts for about one - third of annual federal outlays, but not to so - called mandatory programs, such as Social Security and Medicare, that account for about two - thirds of annual spending.)

This bill gives districts the discretion to share local discretionary capital outlay funding with charters rather than requiring districts to do so.

This complaint, which is yet to be heard, includes 1) sharing local discretionary capital outlay funds with charters 2) Schools of Hope that operate outside of local district control 3) charter systems as their own LEA 4) standard charter contract with no local input 5) restrict district authority to allocate Title I funds and 6) restricts district authority to allocate funds to meet needs of certain schools with low performing students.

Start by doing a retirement budget that separates your outlays into two categories: essentials and discretionary expenses.

Go to an interactive retirement budget worksheet and divide your estimated retirement expenses into two categories — essential outlays (housing, transportation, insurance, etc.) and discretionary expenditures (travel, entertainment, etc.) Tally each category, and then see how your essential expenses stack up versus what you'll get from Social Security (and a pension, if you receive one).

Just enter all your current expenses — which shouldn't be hard as the worksheet allows for more than four dozen different entries — and be sure to check the «essential expense» box next to the outlay if it is essential as opposed to discretionary.

Besides, more important that trying to arrive at some ideal percentage is making sure you're getting you enough guaranteed income to provide the cash you require for basic living expenses while still having sufficient savings left over for discretionary spending and unexpected outlays.