The budget challenges Mr. Duncan foresaw are now reality: States and districts face tough decisions about education spending as revenue declines and
federal stimulus spending dries up.
The new unit, headed by Sean Cenawood, the office's former affirmative civil enforcement coordinator, will target mortgage fraud, bank fraud, and fraud related to
federal stimulus spending, among other white collar crimes.
In the first year, with the economy imploding and New jersey's share of
the federal stimulus spent by former Gov. Jon Corzine, Christie cut more than $ 1 billion in aid to districts.
Not exact matches
Given the billions in
stimulus dollars that will be
spent in coming years on infrastructure projects, demand for planners is likely to grow in lockstep with the flow of
federal and provincial dollars to social housing, transit, public spaces and recreational amenities.
With the onset of the 2008 - 09 recession and the subsequent G20 agreement for countries to introduce temporary
stimulus spending equivalent to 2 percent of GDP, the
federal deficit ballooned to $ 55.6 billion in 2009 - 10; $ 33.0 billion in 2010 - 11; $ 26.3 in 2011 - 12; $ 18.4 billion in 2012 - 13 and $ 5.2 billion in 2013.14.
It has come to my attention that some economists claim that our sovereign
federal government is more or less powerless to kickstart the economy because of our great dependence on the United States and therefore should do next to nothing: «Mr. Orr and other economists urged Ottawa to ignore pleas to boost
stimulus spending further -LSB-...]
My priorities will be to slash wasteful
federal spending, set our nation on a path to a balanced budget, end bailouts for bad business decisions, take leftover money from the Obama
stimulus package to pay down the deficit, and repeal Obamacare.
In some instances, the
federal stimulus plan could make our financial problems worse, by providing temporary financial support for permanent increases in our base - line health care and education
spending, that eventually will need new, state - level sources of revenues to support.
Adding back temporary
federal stimulus funds used to supplement state funds in each of the last three years, state operating
spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.
There is, however, on the fact the state's
spending is projected to jump significantly next year when
federal stimulus funds for Medicaid and education run out.
Silver, however, said he saw no possibility that the
federal government would provide the states with a third round of
stimulus spending, especially since Republicans will control the House of Representatives next year.
State leaders lost a chance to make this transition less wrenching when they used
federal «
stimulus» money to sustain existing levels of
spending, rather than to ease the changes that must come now.
According to the mayor, the state budget reduced education
spending next year by $ 1.2 billion, while the city also lost $ 850 million in
federal stimulus money that's used to support teachers» salaries.
By Sean Ryan The president of a sewer construction company near Milwaukee wants the city to
spend more
federal stimulus money on sewer construction.
MADISON, Wis. (AP)-- Wisconsin
spent more than $ 1.5 billion in
federal stimulus funding in the budget year that ended June 30, according to an audit report released Thursday.
«As the 2nd most conservative member of the New York State Assembly in rankings by the New York State Conservative Party and the # 1 Legislator in scoring by Unshackle Upstate, a New York reform organization, I know we need to slash
federal spending, balance the budget, end the bailouts, take leftover money from the Obama
stimulus package to pay down the deficit and support repealing Obamacare.
The total 2010 budget for the department as a whole would grow to $ 26.3 billion from $ 24 billion in 2008; the projection for 2009 is $ 33.9 billion, plus a whopping $ 39 billion for energy programs under the
stimulus package recently passed and $ 1.6 billion for the Office of Science, which
federal bureaucrats plan to
spend primarily on building scientific facilities.
In its Pledge to America, the incoming Republican leadership of the House of Representatives has vowed to cut
federal spending to the levels it stood at before President Barack Obama's economic
stimulus measures and the bank bailout.
In its «pledge to America ``, the incoming Republican leadership of the House of Representatives has vowed to cut
federal spending to the levels it stood at before President Barack Obama's economic
stimulus measures and the bank bailout.
We know that the focus of the
stimulus package is on short - term
spending over 1 - 2 years, without long - term commitments of
federal money.
With the state still mired in the recession and the end of
federal stimulus funding, Corbett clearly had to cut state
spending to balance the budget.
In order to preserve jobs and maintain educational
spending, the
federal government in early 2009 initiated an economic
stimulus program.
which is now available at www.EducationNext.org and will appear in the Spring 2010 issue of Education Next, Smarick reviews the impact of the
federal government's education
stimulus spending to date.
Billions in
federal economic -
stimulus dollars are slated to be
spent to help improve public education, but Americans relying on traditional news outlets are likely to find out little, if anything, about what that effort might mean for the schools in their communities, a new report suggests.
Although temporarily propped up by
federal stimulus funds, average per - pupil
spending nationwide fell after 2010.
The association has a point: Within the past decade, more than $ 200 million in
federal stimulus funds, plus millions more from the U.S. Department of Agriculture, have been
spent in New Mexico alone on efforts to extend high - speed broadband networks to rural areas.
The State reduced its
spending, although the
federal stimulus funds offset this decrease.
Even stretched across the entire period from birth to age five, it would work out to about $ 8,000 per child per year, without touching the separate
federal child - care dollars, leveraging the Head Start appropriation, or tapping into other current public - sector
spending on needy children (including the additional «
stimulus» dollars that may or may not prove permanent).
Although
federal tax revenues are far short of anticipated
spending, the
federal government is not about to step in with still another
stimulus package.
When
federal stimulus dollars were added, overall real
spending per pupil still declined in 23 states.
Based on historic
spending trends and estimating that the
federal government's
stimulus contribution will grow to approximately $ 90 billion, Guthrie and Peng project that national per pupil revenues could increase at a rate of nearly 2.5 percent annually over the next ten years.
North Carolina had made significant gains in per pupil
spending levels up until 2010, thanks in part to
federal stimulus dollars that were designed to help mitigate the negative fiscal impact of the Great Recession.
Obama has also made an effort to devote more
spending to education, with $ 80 billion given to K - 12 districts in the
stimulus bill and his Race to the Top program offering states and addition $ 4.35 billion in
federal funds if they can come up with innovative reform plans.
the massive state budget cuts, despite the
federal stimulus, that have affected education
spending; and
History repeats but always not in the same fashion: we have had unprecedented
stimulus, a free
spending administration, record
federal debt level, etc..
Here in Australian, the
federal government is
spending tens of billions of dollars on
stimulus package after
stimulus package, and tiny fractions of that (mainly at the instigation of Greens senators who are using their balance of power for leverage) are going towards emissions reduction.
pdf) What if there was a way for states, cities, and counties to leverage each $ 1 of
federal stimulus money
spent to generate $ 14 of private
spending, create 14 times the number of jobs, reimburse the
federal government -LSB-...]
Chu gave a talk this afternoon on the science of climate change and the $ 70 billion
federal stimulus monies his department is
spending on alternative energy and conservation projects.
This speech in fact serves as a preview of an upcoming report by my colleagues and I that takes this three pillar approach to analyze the clean energy policies of Germany, Spain and China, and makes the case that these countries are taking a comprehensive approach towards developing their clean energy industries, whereas all the United States has is a series of patchy and heterogeneous state action (e.g. state renewable energy standards) or
federal action that is limited in duration (e.g. short - term renewable energy tax credits, or one - time green
stimulus spending).
Despite the fact that
federal stimulus money is almost
spent and securing project financing continues to be difficult, most analysts predict that the number of construction starts will only continue to grow as more time elapses between now and the previous economic crisis and mortgage meltdown.
A massive dose of fiscal
stimulus measures, including both deficit - financed tax cuts and
federal government
spending increases, has just begun to hit the economy.»
However, economic growth will remain constrained by various headwinds, such as a potential spike in oil prices due to tension in the Middle East; an expected decline in net exports from the global slowdown; and an expected increase in fiscal drag, including the fading of
federal spending from the
stimulus and a decline in defense
spending for operations in Iraq and Afghanistan.»