Sentences with phrase «federal cuts in»

A combination of declining enrollment, federal cuts in special education and this year's Federal sequestration...
A combination of declining enrollment, federal cuts in special education and this year's Federal sequestration has put a big pinch on big plans.
Progressives believe the probability of federal cuts in social service funding to the states makes it more important that New York fills the coming gap, in part, by taxing the wealthiest residents, some of whom are seeing big cuts with the new federal cuts for sole proprietorships and corporations.
«As always, you have to make decisions about how much you can afford to do in school aid and how much money you have to put aside for the potential impact of federal cuts in Medicaid and in health care,» Assembly Majority Leader Joe Morelle (D - Irondequoit) said last week.

Not exact matches

Poloz indicated in his statement that the prospect of a big spending push by the federal government caused the committee to move away from its intention to cut interest rates.
The Trump administration already has relied on the House bill's healthcare spending cuts in its proposed federal budget.
In his first term, Bush won passage of tax cuts that helped swing the federal budget from surpluses to deficits.
Before NEA, Yanev was a Senor Investment Officer in the Bush and Obama Administrations, where he focused on investing in new cutting - edge technologies at the Federal Loan Program, a $ 150 billion investment vehicle.
In their rush to work around the federal law — called the Tax Cuts and Jobs Act — state lawmakers could make an already unfair and complicated tax system even more so.
TORONTO — The Liberal government will not «act in an impulsive way» in response to U.S. corporate tax cuts that economists say pose a threat to Canada's competitiveness, the federal finance minister said after a pre-budget meeting Friday.
Already this year, some local NPR affiliates went as far as to advertise the potential federal funding cuts in their annual pledge drives.
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.
In addition, $ 100 billion in automatic federal spending cuts will take effect unless Congress actIn addition, $ 100 billion in automatic federal spending cuts will take effect unless Congress actin automatic federal spending cuts will take effect unless Congress acts.
Restructuring state tax systems in a way that takes back some of these high - end federal tax cuts should be a no - brainer for cash - strapped states.
They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.
Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.
The report said fiscal stimulus and a series of cuts by the Federal Reserve to its policy rate will help the U.S. economy to bounce back in 2021 and grow by 2.1 percent, followed by growth of 2 percent in 2022.
Due to sequestration, the forced federal budget cuts that took effect Friday, the SBA is expected to lose the ability to guarantee 1,928 fewer loans totaling $ 902 million in capital in the hands of entrepreneurs.
Verizon, for example, told a federal court in 2013 that it believed in a no - blocking rule, so long as it could charge any online service whatever amount it wanted to get to Verizon's subscribers — and be able to cut off websites that didn't pay up.
But in a letter to Kerry and other State Department officials, Kristin Delkus, TransCanada's general counsel, pointed to new policies on carbon emissions in Canada, specifically a federal rule issued in May to cut emissions down to 70 percent of their 2005 levels within 15 years.
Under the Liberals, Canada started cutting corporate taxes (along with income taxes) in 2000, when the federal rate was 28 %.
Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say.
The Tax Foundation found that federal revenue would fall by $ 2 trillion if the corporate tax cuts are put in place.
In order to pay for this, Trump is also calling for a $ 54 billion cut in other parts of the federal budgeIn order to pay for this, Trump is also calling for a $ 54 billion cut in other parts of the federal budgein other parts of the federal budget.
Cuts in federal spending have created a fierce job market where every position is highly prized.
The tax cut and excess federal spending may boost some areas of the economy, but thus far, it has not produced anything more than a modest boost in capital spending (most of it from capital intensive technology companies) but a surge in stock buybacks and dividend increases, Apple being a case in point.
In Tuesday's federal budget, the government said more analysis was necessary before considering tax cuts to match the U.S., which announced in December it would drop its federal corporate tax rate to 21 per cent from 35 per cenIn Tuesday's federal budget, the government said more analysis was necessary before considering tax cuts to match the U.S., which announced in December it would drop its federal corporate tax rate to 21 per cent from 35 per cenin December it would drop its federal corporate tax rate to 21 per cent from 35 per cent.
WASHINGTON (AP)-- In his last major act as president, Barack Obama is cutting short the sentences of 330 federal inmates convicted of drug crimes.
Of course, many entrepreneurs argue that they need earmarks, especially to compete in the federal marketplace or to develop cutting - edge technologies that are too risky for the private capital markets.
The federal government will begin cutting the age pension in three years, reduce disability and other welfare payments immediately, and slash back family tax payments, while holding out the prospect of income tax cuts within five years, Tony Abbott has pledged.
Well, it would be just a drop in the bucket, but cutting off their tax - exempt status as a religious organization might mean a few more bucks in the federal coffers.
If Democrats and Republicans can't find a way to spend within those limits, the sequester kicks in, which brings federal spending under the statutory caps via automatic, across - the - board cuts.
Budget cuts, in other words, take a long time to work their way through the federal bureaucracy and into the real economy.
A number of sensible voices in Washington, though, are warning that American hasn't yet felt the brunt of the 2013 sequester because many of those cuts haven't even begun to affect federal agencies» actual outlays in many cases.
The White House has yet to spell out how much of a hole the tax cuts could create in the federal budget, maintaining that the resulting economic growth would reduce — if not eliminate — the risk of a soaring deficit.
What's more, the open enrollment period this year for the federal Healthcare.gov site was cut in half by the Trump administration compared with previous years, making the signup numbers even more impressive.
He would reduce the federal debt and deficit by cutting federal spending, nearly in half.
Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.
In the United States, the federal government has traditionally underwritten investment in early stage energy technology, but the White House has proposed cutting that spendinIn the United States, the federal government has traditionally underwritten investment in early stage energy technology, but the White House has proposed cutting that spendinin early stage energy technology, but the White House has proposed cutting that spending.
The Tax Cuts and Jobs Act went into effect at the beginning of the year, touting a reduction in federal income rates across the board.
Crucially it would also mean an estimated $ 4.2 billion in federal funding cuts to the states, where public - sector employment is just now recovering.
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 effecIn 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 effecin 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 effecin turn would make the budget deficit balloon to ruinous effect.
And they book in big savings from program cuts that are still working their way through the federal government.
Even if you believe the federal government will keep its promises and won't further shift costs to states (and they recently cut our match rate to its lowest point in 25 years), even advocates for Obamacare admit the federal subsidies are front - loaded and that expansion will eventually cost the states.
Growth expectations have been cut significantly since the start of the year: the Atlanta Federal Reserve cut its forecast to 2.0 percent from 4.2 percent in January.
During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secuFederal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed secufederal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.
But there's another tool in the pan-Canadian framework on clean growth and climate change that will cut far more carbon pollution than federal carbon pricing, and you probably haven't heard of it.
The bank's comments cemented the belief that Canada will not raise rates in the foreseeable future, and could even cut rates, even with the U.S. Federal Reserve expected to hike further.
Last year, the federal government announced it would develop a policy that aims to cut more carbon pollution than any other in the Pan-Canadian Framework on Clean Growth and Climate Change, by promoting the production and use of cleaner fuels in vehicles, buildings and industry.
«Each one percentage point cut to the corporate income tax rate costs the federal government about $ 2 billion in annual revenues,» wrote the authors, one of whom was CLC chief economist Andrew Jackson...
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