Sentences with phrase «drop in federal spending»

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.

Not exact matches

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

In fiscal year 2015, Americans spent a jaw - dropping 9.78 billion — yes, billion — hours complying with federal rules and regulations, according to a recent report from the Office of Management and Budget (OMB).

As Maggie Haberman reports, de Blasio has had discussions in recent weeks with Google on the heels of his successful effort to get Goldman Sachs to agree not to spend on political ads in this election cycle — even though a recent US Supreme Court decision allows corporations to drop unlimited amounts of cash to try to elect of defeat candidates running for federal office.

The biggest drop was for Sen. Bob Menendez (D., N.J.), who spent much of the year in federal court defending himself from corruption charges and saw a 20 point negative swing.

Adding back temporary federal stimulus funds used to supplement state funds in each of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.

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.

(NaturalHealth365) In 2015, healthcare spending in the United States reached a jaw - dropping $ 3.2 trillion — exceeding the federal spending for national defense, homeland security, education and welfarIn 2015, healthcare spending in the United States reached a jaw - dropping $ 3.2 trillion — exceeding the federal spending for national defense, homeland security, education and welfarin the United States reached a jaw - dropping $ 3.2 trillion — exceeding the federal spending for national defense, homeland security, education and welfare.

The district made the change because it anticipated a significant drop in federal funding during the recession, and needed to prioritize how it spent precious federal dollars on schools with higher concentrations of low - income students.

The nation's per - pupil spending on K - 12 public schools dropped in 2013 for the third year in a row, reversing more than a decade of funding increases, according to federal data released Wednesday.

A study by the Beacon Hill Institute, a free - market think - tank associated with Boston's Suffolk University, lists a sharp drop in tourist spending among the economic costs the project would impose; it would not be viable at all without a vast subsidy from state and federal taxpayers, the report argues.