Sentences with phrase «fiscal crisis in state»

Benjamin Barnes, who heads the state's Office of Policy and Management, made a startling announcement Tuesday when he declared Connecticut has «entered into a period of permanent fiscal crisis in state and local government.»

Not exact matches

As the 2016 fiscal year comes to a close, first - term Governor John Bel Edwards and the state legislature have been in crisis mode, struggling to close a fiscal 2017 budget gap that could run as high $ 800 million — and that is after $ 485 million in emergency spending cuts this year.

As the 2016 fiscal year comes to a close, first - term Gov. John Bel Edwards and the state legislature have been in crisis mode, struggling to close a fiscal 2017 budget gap that could run as high $ 800 million.

The U.S. economic recovery and the California state recovery from a near catastrophic fiscal crisis, has led to greater business development and expansion in California and increased the wealth of many residents.

Some strategists believe the euro could reach $ 1.30 if the debt crisis is resolved in the Eurozone and the United States solves its $ 600 billion fiscal cliff.

Investors remain concerned about the ongoing fiscal cliff crisis in the United States.

AG Andrew Cuomo chose Labor Day weekend to call on state employee unions to make sacrifices «in the spirit of cooperation» like they did in the 1970s to help solve New York's fiscal crisis.

Can the fiscal travails of the early United States in the 1840s, when half of the states then in the Union had to default over their debts and new unpopular taxes had to be imposed in the middle of an international trade slump, help us draw lessons for the Eurozone debt crisis of the early States in the 1840s, when half of the states then in the Union had to default over their debts and new unpopular taxes had to be imposed in the middle of an international trade slump, help us draw lessons for the Eurozone debt crisis of the early states then in the Union had to default over their debts and new unpopular taxes had to be imposed in the middle of an international trade slump, help us draw lessons for the Eurozone debt crisis of the early 2010s?

This is no way to responsibly operate a state already mired in a fiscal crisis.

This furlough move is necessary, Paterson said, because the state workers unions have so far rejected his call for members to voluntarily give up their 4 percent contractually negotiated raises in the face of the state's fiscal crisis.

«New York State is in a fiscal crisis and Harry Wilson is the right person to help get our State's finances back on track,» LaValle said in a statement released by Wilson's campaign.

Labour might also prefer a pact to a coalition, fearing that having to square Clegg, Cable and Huhne (and perhaps others) to get their acquiescence in every Cabinet decision, as well as having to give them major departments of state, might make firm and decisive government, in the middle of a major economic and fiscal crisis, virtually impossible.

«While some of our members have differed in the past on some of the specific issues in the New NY Agenda, the Executive Committee unanimously takes this position because we understand and accept Andrew's point that this is a pivotal moment in the history of this state, similar to the 1975 New York City fiscal crisis, when leaders in the labor, civic, business and political arena must put aside their individual agendas for the good of the entire state.»

«We have a revenue shortfall in this state that has created a broader fiscal crisis.

In the meantime, HANYS President Dan Sisto is making his displeasure crystal clear, accusing the governor of continuing his «BP approach» to addressing the state's fiscal crisis, and insisting the cuts will result in lost health care jobs and some $ 1 billion worth of economic activitIn the meantime, HANYS President Dan Sisto is making his displeasure crystal clear, accusing the governor of continuing his «BP approach» to addressing the state's fiscal crisis, and insisting the cuts will result in lost health care jobs and some $ 1 billion worth of economic activitin lost health care jobs and some $ 1 billion worth of economic activity.

The report said Klein had «ridiculed» austerity measures sought by Paterson's office in 2009 and 2010 to address the state's fiscal crisis, and refused to yank any of the district vehicles provided to LaFave and others.

This is the largest cut to health care services in New York history, and, in Sisto's eyes, the magnitude of the reduction is «extreme» — even within the context of the state's fiscal crisis.

In July of 2008, Paterson warned state lawmakers and citizens of New York that the state faced its worst fiscal crisis since the 1970s.

His response will tell us how serious he is in addressing the fiscal crisis confronting the state and its public schools.

Former Gov. George Pataki weighed in this afternoon on the Paterson v. White House situation, saying that Obama's focus should be on the fiscal crisis, not state politics.

Carlucci said, «After lengthy discussions with Rockland County officials, representatives from the governor's office, the state comptroller's office, and the Finance Committees in the both the Senate and Assembly, I have decided not to support the sales tax increase at this time because there is little evidence that it would solve Rockland County's fiscal crisis.

That very same day, Skelos praised Cuomo's «leadership,» following Moody's announcement that it had raised New York's general obligation bond rating to its highest level since the fiscal crisis of the mid-1970s, lauding the governor for working with the Legislature to move the state «in the right direction.»

They reflect on his role in the outgoing Paterson administration, what he will do next, and whether the state can avoid an extended fiscal crisis.

New York City, she said, appoints 30 percent of CUNY's trustees, and the state stepped in to pay when the city was mired in a fiscal crisis.

«We really want to be sure that we avoid the kind of full fiscal crisis in localities in New York State that we see happening in other states,» he explained.

Even setting aside New York's general ungovernability, the state faces a fiscal crisis that many economists say is more dire than the one New York City experienced when it nearly went broke in the 1970s.

In almost all states, the fiscal crisis is creating a crisis in the public school systemIn almost all states, the fiscal crisis is creating a crisis in the public school systemin the public school systems.

Cuomo's argument relies on the university system's history: the state started funding CUNY back in the 1970s, when the city was going through a devastating fiscal crisis.

Former LG Richard Ravitch believes a fiscal crisis is coming for states in the US that may be severe enough to threaten the «social order.»

Senate Republicans look forward to working with Governor Cuomo, Speaker Silver and all of our colleagues in the Legislature to address New York's fiscal crisis, make the 2011 session a successful and productive one, and restore the people's faith in state government.»

Speaker Silver noted that with the state in fiscal crisis and with excitement over the incoming administration mounting, the overwhelming response for invitations now exceeds the limited seating capacity available in the Assembly Chamber, the traditional venue.

The New York State Democratic Committee recognizes the State's fiscal crisis and stands strongly in support of Governor Cuomo's budget.»

Starting a theme expected to be played heavily in next week's state Republican campaign, Cox also called Cuomo a «tax - and - spend liberal» who will only worsen New York's fiscal crisis.

Though I recognize that tough choices will need to be made and everyone will have to sacrifice, I agree with Governor Cuomo that we can turn this crisis in to an opportunity to reform our state government, put it on a sound fiscal footing and partner with the private sector to spur economic development and job creation.»

Faced with a $ 5 billion projected budget shortfall, Malloy and the Democratic and Republican caucuses in the State Senate and State House of Representatives recently offered up revised budget proposals aimed at addressing Connecticut's growing fiscal crisis.

Created by the state in 2000 in reaction to Nassau's 1999 fiscal crisis, in which the county's credit rating dropped to near junk levels.

As WFP leader Dan Cantor said at the time (fingers crossed, no doubt): «We understand and accept Andrew's point that this is a pivotal moment in the history of this state, similar to the 1975 New York City fiscal crisis, when leaders in the labor, civic, business and political arena must put aside their individual agendas for the good of the entire state.»

While the executive proposal includes $ 200 million in funding to address the opioid crisis, it does not prevent the state from using the existing funds designated for these programs to plug other holes in the budget, according to Bill Hammond, health policy analyst at the Empire Center for Fiscal Policy, a conservative - leaning think tank.

In Thursday night's State of the City Address, Miner announced plans to create a financial advisory board to guide Syracuse through its fiscal crisis.

Gov. Andrew Cuomo won nearly every element of his hard - times budget proposal in talk with the Senate and Assembly, whose leaders acknowledged the state's grave fiscal crisis early on.

Hospitals in New York also have gone into overdrive against the Republican measure, saying it «would threaten health coverage for millions of New Yorkers, create a fiscal crisis for the state, and burden hospitals and health systems with fewer resources and more uninsured or underinsured patients,» said Bea Grouse, president of the Rensselaer - based Hospital Association of New York State, which represents over 500 not - for - profit and public hospitals in the sstate, and burden hospitals and health systems with fewer resources and more uninsured or underinsured patients,» said Bea Grouse, president of the Rensselaer - based Hospital Association of New York State, which represents over 500 not - for - profit and public hospitals in the sState, which represents over 500 not - for - profit and public hospitals in the statestate.

During the great fiscal crisis of 1975, New York State and City were in even worse shape.

While Duane has pledged to stay focused on the state fiscal crisis right now, he still vows to bring gay marriage before the body in advance of David Paterson's 2010 reelection run.

«We have overcome many of the challenges — the worst national economic crisis since the Great Depression hit us, we have overcome many of the financial crises that the state has hit us with; in many ways Ulster County has become a model county from a fiscal perspective and from so many more,» Hein said.

Governor Cuomo says the state's fiscal crisis led to the longest delay in hiring new state police since the 1970's.

The advocates say as recently as seven years ago, just as the state's fiscal crisis was hitting, most parents were assured by the state there would be a place for their children, and spots in assisted living homes were found.

That is appropriate at a time when New York State is mired in both a fiscal and political crisis.

In 1977, Gov. Hugh Carey, a Democrat, encouraged Cuomo, then his secretary of state, to challenge incumbent Dem Mayor Abe Beame during the fiscal crisis.

Having governed through the worst state fiscal crisis in six decades, the governors attending this weekend's meeting of the National Governor's Association were more than willing to talk about it.

«If Senator Oppenheimer has any interest in reforming Albany and working toward lasting solutions to solve the state's fiscal crisis, the first thing she needs to do is reject the endorsement of the Working Families Party,» said Cohen, who noted that the Senator has consistently run with the WFP endorsement in the past.