Sentences with phrase «dollar deficits facing»

Not exact matches

Yet failure to do so is exactly why we face the prospect of trillion - dollar deficits next year and trillion - dollar interest costs within a decade.

Since 2002, almost 250,000 manufacturing workers have lost their jobs because of the high dollar and our huge and growing trade deficit with developing Asian countries. Many are older workers who will typically face a long stretch of unemployment, followed by employment in a new job at much lower wages.

It's likely that this deficit will widen over the next few years and, unless many billions of dollars are spent soon, the world is facing the prospect of a significant shortage of oil in the early years of the next decade.

He said the dollar faces a further slide if any Fed tightening is offset by a wider US deficit on the back of Donald Trump's big spending plans and tax cuts.

The FY 2017 budget resolution demanded only a paltry $ 2 billion of deficit reduction over an entire decade; that's just $ 200 million per year when we are facing looming trillion - dollar deficits.

Former LG Richard Ravitch thinks the next mayor of NYC isn't going to have enough cash in 2014 to maintain the level of spending and services New Yorkers are used to and will face multibillion dollar deficits.

Two years ago, the Everson faced hundreds of thousands of dollars in deficits, canceled two traveling exhibitions and saw their executive director move to the Newark Museum in New Jersey.

Senate leaders said the bill would restore nearly $ 434 million in GEA cuts in last year's state budget, reductions that were first instituted in 2010, when the state faced billion - dollar budget deficits.

The state faces a projected $ 1 billion dollar structural deficit in the new budget.

The city faces a $ 4 billion dollar budget deficit in the next fiscal year.

Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Andrew Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

The GEA was first passed by the New York State Legislature in 2010, when the state faced billion - dollar budget deficits because of the recession.

The state is facing a $ 3.5 billion deficit, and Gov. Andrew Cuomo wants to add a billion dollars to the state's public schools.

ALBANY — Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

The biggest risks, Lhota warned, involve the city's budget, which faces a multi-billion dollar deficit and expired contracts with municipal unions.

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.

When other counties were facing large deficits, our County was recording a surplus that was used to pay down millions of dollars in long - term debt and fund infrastructure repairs with cash and avoid costly interest payments.

At a time when NYCHA's waiting list is 270,000 families deep, and it faces hundred million dollar operating deficits, the comptroller slammed the situation as unacceptable.

Earlier this week County Executive Ed Day confronted reality and bit the metaphorical budget bullet by facing up to the fact that the County owed millions of dollars, was running a multi-million dollar deficit, had overtaxed homeowners, and had police services that the County could not afford and did not need.

California famously faced a $ 26 billion shortfall, but many other states, including Ohio and Illinois, confronted multibillion - dollar deficits as well.

They allege that these laws unjustly require Newark, a struggling school district, to retain ineffective teachers, while cutting millions of dollars each year from other areas of education spending or laying off more effective teachers when faced with funding deficits.

Although no state funding has been allocated for the Capital Harbor Charter School in Bridgeport and the state of Connecticut is facing a $ 1.4 billion budget deficit in next year's state budget, Perry's New York application makes it clear that he is expecting Malloy to cough up millions of dollars so he can open his Bridgeport operation and collect his management fees.

Those fears crescendoed when the school board voted one month before the May 16 election to support State Bill 808, which would have allowed school districts to close or reject charter schools if they could be considered a financial burden to the district, which has yet to decrease its staffing levels despite declining enrollment and is facing billions of dollars in unfunded pension liabilities and projected budget deficits.

Faced with a billion dollar budget deficit, Chicago's public school system is the most recent urban district to announce a massive closure of schools.

During their discussions, committee members expressed concerns about the significant amount of money the state would have to commit to charter schools to finance the «money follows the child» funding proposal with the state facing a nearly half billion dollar budget deficit.

The details were daunting: the budget deficit was projected to reach nearly half a billion dollars in three years; a district audit showed LA Unified debt outstripped assets by $ 4.2 billion; unfunded pensions topped $ 13 billion and have more than doubled since 2005; per - pupil funding had doubled but the district still faces financial crisis; and plans for a turnaround included boosting enrollment but not cutting staff.

California is facing a huge budget deficit as it is, something like $ 35 billion, and a multibillion dollar suit against CARB is the last thing the state needs — especially one that the Renewable Fuels Association and Growth Energy are likely to win.