Sentences with phrase «dollar deficit without»

ALBANY, NY (02/01/2011)(readMedia)-- Governor Andrew M. Cuomo today unveiled a proposed 2011 - 2012 Executive Budget that transforms the state budget process to conform to fiscal realities and eliminates a $ 10 billion dollar deficit without raising taxes or borrowing.

The proposal, unveiled by Governor Andrew Cuomo earlier this month, transforms the state budget process to conform to fiscal realities and eliminates a $ 10 billion dollar deficit without raising taxes or borrowing.

Governor Cuomo unveils his 2011 - 2012 Executive Budget that transforms the state budget process to conform to fiscal realities and eliminates a $ 10 billion dollar deficit without raising taxes or borrowing.

Not exact matches

But this wrenching concern over the deficit — particularly when the situation in Puerto Rico remains so dire — is hard for some to swallow when conservatives are simultaneously pushing forward a tax reform package that could leave a more than a trillion - dollar hole in the deficit and have signed on to spending bills that added more than $ 100 billion to defense spending, without the immediate promise of offsets elsewhere.

If they then hold those dollars as reserves, then that means they imported something into the US without exporting something from the US in trade, which creates a net import, aka, a «trade deficit».

The Citizens Budget Commission, a nonprofit financial watchdog group, in a report last week, predicted that even with the planned fare increases, the MTA stands to post budget deficits in the hundreds of millions of dollars in the next several years without a new revenue stream to fund the subway plan.

He says without changes in rules regarding pension payouts, union contracts and other issues, counties face a $ 4.2 billion dollar budget deficit by 2020.

«The Council also continues to emphasize that, with multi-year, multi-billion (dollar) budget deficits, New York needs to more fully examine its spending practices, especially in major programs such as Medicaid and education, and determine why are our costs are so much higher than other states without the results to match,» said Business Council President Heather Briccetti.

He implemented his fiscally conservative agenda, including closing a gaping $ 10 billion dollar budget deficit without imposing any new taxes at the time, and getting the spending plan done on time, a rarity in Albany.

Having failed to right the ship of state, Malloy engaged in a desperate attempt to save his political career by telling Connecticut's voters that there was no state budget deficit this year and that he would eliminate the $ 1.4 billion dollar projected budget shortfall for this coming year without having to raise taxes, cut services or seek concessions from the state employee unions.

The Federal Reserve policy of quantitative easing along with deficit spending by Congress has resulted in trillions of US Dollars being created without the corresponding economic growth.