Sentences with phrase «federal budget plan»

The state's congressional delegation welcomed the requests included in the president's $ 4 trillion federal budget plan.
At 1 p.m., Assemblyman and congressional candidate Anthony Brindisi will ask New York's congressional delegation to reject the proposed 2019 federal budget plan that could effectively end long - distance rail travel in the northeast, inside Union Station, 321 Main St., Utica.
The new federal budget plan matters and is increasing defense and nondefense spending to the tune of $ 300 billion, which would put the fiscal year 2019 deficit at over $ 1 trillion or 6 % of gross domestic product (GDP).

Not exact matches

Last week, the House narrowly approved a Senate version of the 2018 federal budget, clearing the path for the Republican - controlled Senate to pass its tax reform plan later this year.
The unanimous vote by the financial review commission, which was created as part of the city's federal court - approved debt adjustment plan, enables Detroit's elected officials to enact budgets and enter into contracts without first obtaining the board's approval.
Bernanke himself has said it's crucial «that fiscal policy - makers put in place a credible plan that sets the federal budget on a sustainable trajectory.»
The budget proposal also included plans to eliminate duplicative energy programs and wasteful spending to help get «federal government out of the way and allow the private sector to do its job and flourish.»
The absence of a deal on harmonized sales tax (HST) compensation — a long - festering source of tension between Ottawa and Quebec — seems to be the most important reason why the Bloc Quebecois 49 MPs plan to vote against the federal budget.
If various personal deductions were eliminated as the plan proposes, it could still leave a $ 2.2 trillion addition to the deficit over 10 years, according to the analysis from the Committee for a Responsible Federal Budget.
Federal coffers are set to dole out $ 186.7 billion in infrastructure money over the next 12 years, but the most recent federal budget indicated about one - quarter of planned spending between 2016 and 2019 was being moved to futureFederal coffers are set to dole out $ 186.7 billion in infrastructure money over the next 12 years, but the most recent federal budget indicated about one - quarter of planned spending between 2016 and 2019 was being moved to futurefederal budget indicated about one - quarter of planned spending between 2016 and 2019 was being moved to future years.
With $ 17 billion in federal funds, the new plan covers a six - year period and projects a budget surplus
In a commentary in The Wall Street Journal this week, former vice president of the Federal Reserve Alan Blinder writes that Trump's tax cut plans — the largest of all the presidential candidates — would cost the nation $ 9.5 trillion over the next decade, which in turn would make the budget deficit balloon to ruinous effect.
While the pipelines have become intertwined with the Conservatives» «Economic Action Plan» (their branding of the federal budget), Oliver's natural resources file isn't the only thing that makes him suitable for the position of finance minister.
«It remains the government's plan, intention, to balance the budget prior to the next federal election,» he said at a press conference in Quebec City.
Far from being an ivory - tower exercise, Moore's proposal includes a proposed structure, staffing and organizational plan, and a five - year budget that would be shared across the federal and provincial governments.
It is that «U.S. policymakers will prevent the drastic automatic tax increases and spending cutbacks (the fiscal cliff) implied by existing budget law, raise the federal debt ceiling in a timely manner, and make good progress toward a comprehensive plan to restore fiscal sustainability.»
April 21, 2015 Federal Budget Advocacy Win: Economic Action Plan 2015: $ 3 million over 3 years, starting in 2016 — 17, to take steps to establish Public Safety Broadband Network, a high ‑ speed mobile network dedicated to emergency management
To deliver on the new national climate plan, the next federal budget will need to include funding for initiatives to reduce carbon pollution.
Canada Federal budget expected to focus on gender equality, pharmacare plan, Toronto Star Aurora Cannabis latest producer to sign medical marijuana supply deal with Shoppers Drug Mart, National Post Toronto police chief says civilians failed to help investigation into alleged serial killer, Globe and Mail
The acquisition is part of a plan to create an oil major that was first outlined by Finance Minister Arun Jaitley while presenting the federal budget in February last year.
Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.
They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.
Initially sold as a bonus to Canadians for balancing the federal budget, the Conservative Party is now touting the benefit cheques as tonic for a suddenly sputtering economy and as a job - creation plan The government is now touting their recently enhanced universal child - care benefit as tonic for a faltering economy and as a job - creation plan.
Initially sold as a bonus to Canadians for balancing the federal budget, the government is now touting the benefit cheques as tonic for a suddenly sputtering economy and as a job - creation plan.
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.
VICTORIA — Dan Woynillowicz, policy director at Clean Energy Canada, made the following statement in response to the federal government's 2018 budget: «Today's budget announced support for implementing key pieces of the government's climate change and clean growth plan, including putting a price on carbon pollution and extending tax support for clean energy.
As Canada strives to fulfill its obligations under the Paris Agreement, the 2017 federal budget outlined plans to double investments in clean energy innovation by 2020, with $ 2.2 billion earmarked to support cleantech R&D, commercialization and adoption.
Mr. Page never expected to be the Parliamentary Budget Officer, nor had he actively sought the position He had worked in several federal departments, including the Department of Finance in the Economic Analysis and Fiscal Forecasting Branch and in the Privy Council Office as Deputy Head of the Planning and Priorities Division.
OTTAWA — The federal government is announcing a slight change to its plan to streamline the spending - approval process into a single $ 7 - billion vote after complaints earlier this week from the parliamentary budget watchdog.
The bipartisan, Washington, D.C. - based Committee for a Responsible Federal Budget (CRFB) estimates that Trump's plan could add between $ 3 trillion and $ 7 trillion to the federal debt over the next decade, stating emphatically that «America can't afford&raqFederal Budget (CRFB) estimates that Trump's plan could add between $ 3 trillion and $ 7 trillion to the federal debt over the next decade, stating emphatically that «America can't afford&raqfederal debt over the next decade, stating emphatically that «America can't afford» it.
President Donald Trump unveiled a $ 4.4 trillion budget plan Monday that envisions steep cuts to America's social safety net but mounting spending on the military, formally retreating from last year's promises to balance the federal budget.
«Paying by the Installment Plan: Analysis of the February 26 Federal Budget,» C.D. Howe Institute Commentary 10, by Wendy Dobson and Edward A. Carmichael (March).
Both studies concluded that the federal finances were sustainable, with the budget in surplus in or before 2045, not a bad starting point for planning the 2018 budget.
The Trudeau government's fiscal plan as updated in the Fall Economic Statement meets a number of progressive commitments, but also raises a lot of questions about what can be expected of the federal Budget to be tabled next March.
The explanation provided was that as a «result of accounting changes due to the Jobs and Economic Action Plan, public debt charge forecasts from the Federal Budget are no longer a reasonable estimate of cash - basis expenditures for reporting in the Estimates» [5].
As Congress continues to consider hurricane relief funding, the Committee for a Responsible Federal Budget re-released its «A Mini-Bargain to Improve the Budget» proposal with a new plan to help finance disaster relief efforts.
The USA recently went through yet another political circus trying to come to a deal for the federal budget, and the plan that made it through will flood the markets with newly issued debt.
Yet Republican deficit hawks are balking at an increase in federal spending after the recent passage of the tax reform plan and 2019 fiscal year budget.
Given these budget constraints at the local, state and federal levels, we think the private sector will likely play a crucial role in Trump's infrastructure plan.
The congressional Joint Committee on Taxation analysis showed the Senate plan would add $ 1 trillion to the federal budget deficit.
Many Democrats say Trump's plan puts too much pressure on state and local government budgets and are calling for $ 1 trillion in federal spending.
would roll back the Republican plan after two years if promised economic growth does not materialize and the federal budget deficit continues to expand.
Assuming a budget of $ 3.8 trillion, cutting Planned Parenthood loose would reduce the federal budget by a whopping.0087 %.
This change — along with a proposal to end the Public Service Loan Forgiveness Program, cut federal work study in half and largely affect income - based student loan repayment plans — would need to be approved by Congress along with the rest of the proposed budget.
President Donald Trump's proposed 2018 budget would create the first federal plan for paid parental leave, including fathers, in the U.S. Dan Merica reports for CNN and Danielle Kurtzleben reports for NPR.
Addressing newsmen after the Federal Executive Council meeting held at the Aso villa, Abuja, Minister of Budget and National Planning, Senator Udo Udoma said that government has kicked off the process of reviving the ailing economy, saying that the banks would still need the staff later when the economy picks up.
Trump unveiled a $ 4.4 trillion budget for next year that heralds an era of $ 1 trillion - plus federal deficits and — unlike the plan he released last year — never comes close to promising a balanced ledger even after 10 years.
Regarding the change in the PIT outlook, the Enacted Budget Financial Plan says «taxpayers and employers appear to have been anticipating that the Federal government will lower personal income tax rates in 2017, prompting a shift of capital gains from 2016 to 2017» to an extent greater than DOB anticipated in the Executive Budget pPlan says «taxpayers and employers appear to have been anticipating that the Federal government will lower personal income tax rates in 2017, prompting a shift of capital gains from 2016 to 2017» to an extent greater than DOB anticipated in the Executive Budget planplan.
Schumer and Cuomo called their press conference to denounce a federal tax overhaul plan that also could affect the state's budget.
The footnote (calling to mind the «magic asterisk» in Ronald Reagan's first federal budget, which promised «future savings to be identified») first appeared under the financial plan tables in Cuomo's Executive Budget in Jabudget, which promised «future savings to be identified») first appeared under the financial plan tables in Cuomo's Executive Budget in JaBudget in January.
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