Sentences with phrase «fiscal budget package»

Not exact matches

He oversaw the $ 40 - billion fiscal stimulus package that helped the Canadian economy weather the financial crisis, then guided the federal budget back toward balance.

It's not impossible to arrive at the conclusion that the federal government should use fiscal policy to increase aggregate demand: you can mount a strong case to support the stimulus package in the 2009 budget.

And although fiscal stimulus package «leaked» in the Nikkei Wednesday (JPY20trn, with JPY6trn of «real water») appears to have had a supportive impact upon stocks by weakening the yen, even at its most generous, the supplementary budget for this fiscal year is likely to total only JPY2trn, with additional stimulus spaced out over the coming years, and most of this dedicated to public works (which, many fear, runs the risk of turning into wasteful spending rather than a monetary - plus - fiscal stimulus powerhouse).

Fiscal policy has become more expansionary over the past year, with the recent fiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent inFiscal policy has become more expansionary over the past year, with the recent fiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent infiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent in 2002.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

This budget has a whole package of fiscal plans for the state including cities and towns and conuties throughout the state.»

Senate Democratic leaders have delayed consideration of the annual budget resolution until Congressional leaders and the White House agree to deficit reduction package, which is expected to set discretionary spending levels for fiscal 2012 and possibly for future years.

«Perhaps one worry for the chancellor as the dust settles on his third Budget is that on his attempt to achieve a fiscally neutral package he has created some risks,» Institute of Fiscal Studies (IFS) director Paul Johnson said.

Queens Borough President Melinda Katz announced today that the Borough Board has unanimously approved a package of expense and capital budget priorities that it wants to see included in the City's budget for Fiscal Year 2015.

With the pressure to get a new budget in place bearing down upon Troy, Mayor Patrick Madden has devised a new fiscal package that would raise taxes 14.6 percent — about half his initial proposal.

The apparent arrival of a package brought good news for Albany Mayor Kathy Sheehan: One of the budget bills introduced for voting on Tuesday evening included the $ 12.5 million in additional state aid that the Democrat had said was the only thing standing between the capital city and a fiscal cliff.

Governor Cuomo's FY 2015 Executive Budget continues the recent 2 % spending cap for the new fiscal year and begins implementing a $ 2 billion tax cut package.

The package, including $ 55 million in reductions to Medicaid services and $ 260 million in across - the - board cuts in state aid to local governments, was intended to cover shortfalls in tax revenue during this fiscal year that have emerged since the budget was passed.

The governor announced Tuesday during his annual budget address plans to allocate $ 100 million for pre-K next fiscal year as part of the phase - in package.

Lawmakers and Gov. Dannel P. Malloy are close to a deal to take $ 350 million out of the state's $ 20 billion spending plan for this fiscal year, a package that will include general cuts in the bureaucracy, maybe a few budget tricks and declining state employee rolls.

[S] ome GOP lawmakers were exploring whether the political stalemate over funding the government could best be resolved by crafting a broader fiscal package that would include an increase in the debt ceiling... The speaker expressed optimism at the lunch that he might be able to combine the two issues to embark on broader budget negotiations with the White House and Senate Democrats.»

Washington — The Education Department's fiscal 1985 budget, scheduled to be released by the Administration in its overall budget package this week, calls for expenditures totaling $ 15.5 billion — an increase of $ 100 million over current levels — and a realignment of budget priorities to reflect the recommendations of the National Commission on Excellence in Education.

The Obama economic stimulus package contains a huge windfall for education, approximately $ 115 billion — more than double the department's annual budget, a requested $ 46.7 billion for the coming fiscal year.

The school - aid veto was one of several that removed a total of almost $ 1 billion in spending proposals from the legislature's $ 52 - billion fiscal package, which the Governor said would have created a budget deficit.

The Democratic - dominated legislature's unanimous override of the Republican governor's veto, part of a $ 250 million package of cuts to the $ 20.8 billion state budget for fiscal 2000, touched off an intense debate about Mr. Cellucci's commitment to the 1993 Education Reform Act.

After a period of relative quiet, voucher proponents have been active, pushing variety of proposals that appear to have made it into the package of K - 12 education items agreed upon by the Senate and Assembly, as reflected in the Legislative Fiscal Bureau summary of the Senate Republican budget plan.

The initiatives are drawn from an $ 18.5 billion package of fiscal year 2000 smart growth budget proposals that Vice President Al Gore has been floating to industry groups since last fall.