Sentences with phrase «federal spending cuts»

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 automatic federal spending cuts supposedly triggered by the supercommittee's failure will cost NY $ 5 billion over the next 10 years, Cuomo said.

April 8, 2013 • It's only been about a month since across - the - board federal spending cuts kicked in, but real, tangible, quantifiable signs of the sequester are proving hard to find so far.

The spending measure, which requires legislative approval, also includes $ 1.1 billion in new school spending; $ 2.5 billion for water quality and water and sewer upgrades; expanded child care tax credits; and new powers for Cuomo, a Democrat, to adjust state spending in the face of federal spending cuts.

Think concerns over the coming federal spending cuts and tax increases are overblown?

Economists expect growth will stay at an annual rate of around 2.5 per cent in the second half of the year, helped by steady job gains and less drag from federal spending cuts.

Trump's proposed federal spending cuts, released Thursday, are just the opening salvo in the budget process and will need congressional approval to move forward.

Lydia Schmidt, a delegate from Vassar Brothers Medical Center in Poughkeepsie said, «We were all still shocked at the damage caused by Hurricane Irene when we read that our Congresswoman would support disaster relief funds, only if more federal spending cuts were made.

The mailer basically argues that by backing federal spending cuts and helping create jobs, Corwin will be «getting America's fiscal house in order... the best insurance for our seniors.»

Asked if House Speaker John Boehner (R - Ohio) told him in their meeting that the GOP House wouldn't require federal spending cuts to offset disaster aid — a major stumbling block — he said, «We did not have that specific conversation.»

On Monday, in a NY1 interview, Cuomo amended that somewhat, saying possible federal spending cuts have presented the state budget talks with «a new problem.»

In November, the congressional «Super Committee» failed to reach an agreement to identify federal spending cuts of at least $ 1.5 trillion over the next 10 years.

In addition, $ 100 billion in automatic federal spending cuts will take effect unless Congress acts.

The budget agreement between Murray and Republican House Budget Chairman Paul Ryan of Wisconsin eases spending caps for the next two fiscal years while softening the impact of across - the - board federal spending cuts, known as the sequester, on defense and non-defense programs and calling for more than $ 20 billion in deficit reduction.

For one, federal spending cuts are also likely weighing on state and local government hiring — as about 25 % of their funding comes from Washington.

About 39 % of respondents said fiscal policy, which has included tax increases and automatic federal spending cuts, was «too restrictive,» while 21 % thought it was «too stimulative.»

The Federal Reserve is pursuing an easy money policy, to offset the federal spending cuts that would otherwide become an economic drag (and might still be a drag — we don't know yet).

The «it» is sequestration — $ 85 billion worth of across - the - board federal spending cuts that are due to start kicking in at the end of Friday unless Republican and Democratic leaders somehow bridge their differences.

January 30, 2013 • Federal spending cuts may have hurt the U.S. economy's fourth - quarter growth.