Sentences with phrase «federal budget cuts later»

Heastie said the only reason his house would return is if federal budget cuts later in the year lead to a state budget deficit that would need to be addressed.

Not exact matches

And late last year, the Republican tax cut was enacted that will add more than $ 1 trillion to federal budget deficits over a decade.

The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Governor Andrew Cuomo remains worried about another potential cut in federal funds to hospitals that he says will blow a hole in the state budget.

Cuomo won a provision in the budget to make unspecified changes later in the year if needed to react to potential deep federal funding cuts, though the legislature will have 90 days to come up with their own plan first.

The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Gov. Andrew Cuomo remains worried about another potential cut in federal funds to hospitals that he said would blow a hole in the state budget.

Cuomo won a provision in the budget to make unspecified changes later in the year if needed to react to potential deep federal funding cuts, though the legislature will have 90 days to come up with its own plan first.

Lawmakers late Tuesday canceled planned debate in the Assembly on the state budget bill after delays in drafting amendments, but not before removing a plan to cut $ 37 million in federal money for the UW System for a statewide Internet provider.

The automatic cuts to education and many other federal programs, known as «sequestration,» were intended as an incentive for lawmakers to reach an agreement on lowering the federal budget deficit by $ 1.2 trillion, but were triggered when Congress failed to do so in late 2011.

While Claypool said the cuts to school budgets would amount to $ 100 million, CPS later issued materials saying it would cut $ 75 million from school budgets this year, and that those cuts would be mitigated by the availability of $ 41 million in federal grant money.

Federal Reserve Chairman Alan Greenspan — in the face of new, higher estimates of federal budget surpluses — added to the momentum in late January when he testified before the Senate in support of taFederal Reserve Chairman Alan Greenspan — in the face of new, higher estimates of federal budget surpluses — added to the momentum in late January when he testified before the Senate in support of tafederal budget surpluses — added to the momentum in late January when he testified before the Senate in support of tax cuts.