Sentences with phrase «federal budget shortfall»

State and federal budget shortfalls can not help matters either, leading Morgan Stanley to predict more operator bankruptcies and greater earnings volatility for these REITs.

Not exact matches

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.

When the federal government tabled its March budget to Parliament, Canada's Earl Grey — sipping literati gasped at the hefty $ 115 - million funding shortfall for the CBC.

The parliamentary budget officer estimated the Liberals will post a $ 22.1 - billion shortfall this fiscal year, which would be $ 4 billion more than the projection of $ 18.1 billion in the federal government's February budget.

Meanwhile, the 2003 federal budget — thanks in part to Bush's war and his reckless tax cuts - is expected to approach a $ 500 billion shortfall this year.

For instance, during the recent stimulus bill, Billions of dollars in federal tax dollars were diverted to states to cover budget shortfalls, which had the indirect effect of preventing municipalities from declaring bankruptcy.

The governor and state Legislature laid out a plan as part of the budget package in April to cope with any potential shortfalls resulting from a dramatic decrease in federal funds.

Cuomo's budget bill also would allow the diversion of settlement cash into the general fund to «prepare for, prevent, deter or respond to» disasters and emergencies, man - made or natural, or to cover shortfalls in projected federal Medicare or Medicaid revenues.

There's also a dispute between Sampson and Silver on how to fund what is now expected to be as much as a $ 1 billion shortfall in anticipated federal Medicaid aid, an enormous loss at a time when politically nervous lawmakers are looking to add education funding to the final budget plan.

U.S. Senate Minority Leader Chuck Schumer and Rep. Peter King joined Long Island Teamsters in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.

The budget released last week comes when the state faces a $ 4.4 billion shortfall, a number largely expected to widen as changes to the federal tax code take effect.

Furthermore, the state faces a budget shortfall and an uncertain long - term prospects considering ongoing uncertainty at the federal level.

Mayor Bill de Blasio unveiled an $ 89.06 billion executive budget proposal for the 2019 fiscal year on Thursday, decrying new spending that the city must undertake to meet shortfalls and unfunded mandates imposed by the new state budget approved last month, and cautioning of federal actions that could affect the city's fiscal future.

«This budget also has the first ever Federal Funding Response Plan,» Cuomo said at a press conference at the state Capitol, explaining that if there are major federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.&budget also has the first ever Federal Funding Response Plan,» Cuomo said at a press conference at the state Capitol, explaining that if there are major federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.Federal Funding Response Plan,» Cuomo said at a press conference at the state Capitol, explaining that if there are major federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.&Budget «will come up with a plan that corrects the state budget for that shortfall.&budget for that shortfall.»

The state already has a projected a $ 4 billion budget shortfall in the coming year and is bracing for additional cuts in federal funds for health care and other services.

At a time when federal education policy is focused on getting all students to proficiency, and budget shortfalls have led to cutbacks in all sorts of special programs, the best and the brightest are mostly left to fend for themselves.

Emergency fiscal aid from the federal government helped prevent even deeper cuts but ran out before the economy recovered, and states chose to address their budget shortfalls disproportionately through spending cuts rather than a more balanced mix of service cuts and revenue increases.

«The continued commitment of the federal government to equal educational opportunity is more important than ever as states and LEAs face historic budget shortfalls for the foreseeable future,» the group wrote.

Head Start Programs Across the State Cut Services, Children As the federal sequestration budget cuts kick in, Head Start providers across California are struggling to decide how to absorb the shortfall without hurting children.

A story in the Federal Way Mirror on April 20 stated that the city of Federal Way has a $ 850,000 budget shortfall.

Local school districts will be forced to redirect more money from their general education budgets to cover the federal shortfall for special education.

A new study finds that when average Americans are presented the federal budget in some detail, most are able to dramatically reduce the budget deficit and resolve the Social Security shortfall.

Funding for the HTF expires May 31, and with the HTF facing a budget shortfall, some in Congress have proposed raising the federal -LSB-...]

And as our state legislators scramble to find the money to close the large K - 12 budget shortfall and best support Wyoming children and families, there is something that our federal legislators — especially Senators Mike Enzi and John Barrasso — can do now to make sure our families are healthy and strong: support home visiting.