Sentences with phrase «federal cuts trickling»

When Gotham Gazette asked de Blasio about the new budget mechanism that gives Cuomo additional power and any concerns for New York City he may have, particularly about federal cuts trickling down to the city, the mayor said he wasn't completely familiar with the provision, but from what he did know, he wasn't sure why it was needed.

Not exact matches

If the Federal Reserve Bank, for instance, cuts the rates it charges to lend cash to financial institutions, then through a «trickle - down effect» the price those lenders charge to consumers will typically drop in tandem.
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