"Fiscal discipline" refers to the practice of managing money and budgets in a careful, responsible, and organized way. It involves making wise decisions regarding spending, saving, and borrowing, ensuring that financial resources are used efficiently and effectively.
Full definition
He said they should brace themselves for a governance style embedded in strict
fiscal discipline in view of the peculiar situations confronting each of their council areas.
While the government must restore
fiscal discipline as a matter of urgency, that alone will not be enough going forward.
You'll need even
greater fiscal discipline to make up the late payments along with the corresponding late fees and any other penalties.
It
forces fiscal discipline, and out of that can come conversations about government efficiency and ways to reduce costs.
One last point; most politicians would agree that government's need to
show fiscal discipline in managing their budgets.
To the extent that calls for a balanced budget amendment are a first step
toward fiscal discipline, we welcome that conversation.
With
fiscal discipline here to stay, welfare reform has the potential to empower individuals, families and communities.
The second hurdle has to do with the German establishment's obsession with
complete fiscal discipline, an obsession that resembles that regarding the gold standard in the 1920s.
The debt situation can be controlled and reversed if you put into
place fiscal discipline and strict debt restructuring.
Making your savings automatic is a good way to
instill fiscal discipline and force yourself to put a portion of your earnings aside for a rainy day.
Our choice may be either to maintain large annual deficits until our creditors refuse to finance them or tolerate another leg down in our economy by accepting some measure
of fiscal discipline.
The future of Spain will therefore depend not so much
on fiscal discipline as on how decidedly and effectively those underlying problems are tackled.
Council President Heather Briccetti said Cuomo was chosen for «the success of the last four years and the (governor's) ability to accomplish some very difficult challenges, including
maintaining fiscal discipline in New York, which is something we haven't seen in a very long time.»
The German voters are very much in favor of
more fiscal discipline, making it hard for the German government to openly consider any debt restructuring, which ultimately seems like the only way to go.
«Earlier this week, President Obama said that we need to get serious
about fiscal discipline by trimming waste in the federal budget,» says McCarthy.
In 2014, as a result of Mark's prudent budgeting and
strong fiscal discipline, Fitch Ratings raised Erie County's credit rating outlook from «stable» to «positive» and Standard & Poor's upgraded the county's credit rating three steps to «AA -.»
Will the policy proposals at the summit for a Eurozone fiscal union to
enforce fiscal discipline with punitive sanctions resolve the causes of the crisis or crises?
«I commend the MTA for
exercising fiscal discipline, but the fact is our borough's mobility and growth depends on more affordable, reliable and efficient mass transit.
The arrival of chief financial officer Ruth Porat in 2015, however, has meant
new fiscal discipline on the so - called «other» businesses.
Responding to her Ministry's decision not to reinstate special bonus and overtime payments paid to civil servants in 2013/2014, the Minister said it is part of the same clear goal in
ensuring fiscal discipline, adding that the Ministry recognises the value of its staff and have made sure salaries are paid and have worked hard to avoid redundancies.
And it's simple — we need Jane Corwin to be a part of the Majority in the House of Representatives to bring
fiscal discipline back to Washington, DC.»
Comparing his record as county executive to Cuomo's as governor, Astorino pledged to bring the
same fiscal discipline to Albany as he has to Westchester.
An independent central bank would
promote fiscal discipline by reducing the possibility of fiscal dominance and monetization of deficits.
The top priorities for 2012 now include: Continue
fiscal discipline by «working to reduce spending by $ 2 billion will help balance the budget and increase New York's competitive edge,» enacting pension reform, passing mandate relief and regulatory reform, and legalizing non-Indian casino gambling.
Left to their own devices, including the need to finance sovereign debt, the Greek people and their political leaders might be forced to make the needed economic reforms and to
implement fiscal discipline.
(Evidently not a dove, he nonetheless thinks that the Pentagon should be subject to as
much fiscal discipline as the rest of us.)
And on Tuesday the week got worse, with reports that Mr. Gingrich — who
urges fiscal discipline for the country — owed as much as $ 500,000 to Tiffany's.
Seriously, it's as if they all
found fiscal discipline religion again, but still want more tax cuts for Billionaires!
The inability for Canada's political class to abide by tax - and - spend ceilings, zero - based budgeting, or apply common
sense fiscal discipline is hollowing out the country.
«They promised
fiscal discipline only to massively expand their own staff, adding more than two - dozen employees and $ 1 million in new salaries.
«We gave the governor the best grade in
fiscal discipline because this would be the sixth year that total spending was held at 2 percent growth,» Gamerman said.
Rep. Pete Sessions (Texas), chairman of the National Republican Congressional Committee, said that although Tedisco came up short that his message of
fiscal discipline provided GOPers a blueprint on which to run next year.
Phrases with «fiscal discipline»