Sentences with phrase «fiscal emergency»

He said a «true fiscal emergency» would be the proper time to call lawmakers back.

Permits government employers to reduce employee benefits and increase employee contributions for future work if retirement plans are substantially underfunded or government employer declares fiscal emergency.

The General Assembly passes a bill by a three - fifths vote of the members elected to each house that declares a state of fiscal emergency requiring an in - term decrease in compensation and decreases the compensation amount for every elected public office by the same percentage.

They'll discuss the state's ongoing fiscal emergency and Lopez's rise from a working - class background to state government.

First, Cuomo should propose a bill declaring a statewide fiscal emergency and suspending salary increases for all state and local government employees for at least the next two years.

Levy also took issue with Paterson's recent claim that the governor can't declare a state of fiscal emergency, which is a cornerstone of the county executive's proposal to fix New York's fiscal mess.

In a fiscal emergency, especially under fiat money systems, formerly independent central banks tend to lose their independence and begin printing money to pay the government's bills, more money than is consistent with low inflation.

But I don't know how robust the «monetary constitution» will prove itself to be when a fiscal emergency arises.

If the traditional ad hoc response to fiscal emergencies won't suffice, what's the alternative?

Councilwoman Erin King Sweeney, a Republican, said she would challenge several of the moves during Tuesday's meeting, and challenge a proposed amendment to the collective bargaining agreement that would prevent the new administration from imposing layoffs in a fiscal emergency for any reason other than misconduct.

Memo to David Paterson: If you're going to declare a fiscal emergency and draw a symbolic line in the sand, don't be the one to erase it — if you hope to be taken seriously.

I have called for a repeal of the Triborough Amendment and NYCOM has recommended a change in the Taylor Law to allow a wage freeze in fiscal emergencies.

Bellone declared a fiscal emergency and ordered an immediate 10 - percent spending freeze.

The projected gap is historic, and a fiscal emergency has been declared, with layoffs possible in June, reports CBS 2's Carolyn Gusoff.

County Comptroller Jack Schnirman, a Democrat, said «we have to take seriously the fact that during the course of this next year we might move from a fiscal crisis to a fiscal emergency.

«We can not continue to hire people and create titles in a time when we are facing a fiscal emergency,» McCaffrey said.

Following the presentation, Mr. Bellone declared a «fiscal emergency» in order to embargo 10 percent of each county department's budget.

The county has a budget deficit of $ 95 million and the Suffolk County executive declared a fiscal emergency in January.

Suffolk County has recently declared a fiscal emergency after County Executive Steve Bellone took over.

topo, I understand where you're coming from and until this fiscal emergency got worse and worse, I was prepared to indulge the Assembly's occasional excesses in favor of the greater good.

«I'll probably give him a ring and ask for more detail,» Paterson said when asked about a column that Faso penned for Sunday's Times Union in which he suggested that Paterson seek legislative approval to declare a «fiscal emergency.»

As to the declaration of fiscal emergency, Faso said it could entail holding off public employee raises until the economy improves.

«Setting the mood that there is a fiscal emergency will make it abundantly clear that extraordinary times call for extraordinary measures.

This has led to systematic attempts to dismantle collective bargaining rights, seniority, pensions, health insurance and civil service rights under the guise of «the fiscal emergency.»»

Only half a chance — because of the overwhelming priority of the fiscal emergency and the realities of coalition.

The county executive slammed NIFA for creating what he called «a media circus» and declining to make «hard decisions» by taking a pass on declaring a fiscal emergency to freeze wages.

He wants: * Cuomo to declare a fiscal emergency and suspend public employee salary increases for 2 years.

After pulling out of a fiscal emergency and a scandal that cost the last CEO his job, the New York Racing Association will return from state control as a private non-profit.

The rainy - day fund, which is designed for fiscal emergencies, suddenly grew to about $ 875 million under the expiration of a federal law that prompted major hedge funds in Fairfield County to pour tax money into state coffers before the end of 2017.

Indeed, every year since Mr. Bellone took office in 2012 he's declared a «state of fiscal emergency.»

-- The County has failed to declare a fiscal emergency and to implement a plan of shared sacrifice, and

«The bottom line for Assembly Democrats is that we are committed to ensuring that the state's fiscal emergency isn't allowed to be misused to eliminate the safety net in California or to eviscerate our public education system.

In the last few weeks, Republicans have sought to use the affair to paint the opposing party as self - interested and out of touch with citizens in a time of fiscal emergency.

The years of fiscal emergency and bankruptcy have left their mark, including a skyrocketing crime rate, which city officials and many residents attribute to staffing and service cuts in the Police Department.

It didn't help Emanuel's relationship with CTU that nearly the first thing he did was to declare that the district was in a «fiscal emergency» and to rescind the teachers» 4 percent raise for 2011 — 12, the last year of the final Daley contract.

The «fiscal emergency» escape hatch was removed.

Ohio declared a fiscal emergency in the Cleveland public schools late last month, just days before a citywide vote on a measure aimed at helping bail out the beleaguered district.

Always remember that Tom Foley was going to try to declare a fiscal emergency and bust all of out contracts.

That same year, Carstarphen pushed the district to declare financial exigency — a state of fiscal emergency that would give the district greater leeway in terminating employees, including those with current contracts.

The Ohio Senate yesterday approved a plan (SJR 1) to create a Public Office Compensation Commission with the power to reduce judicial salaries mid-term in cases of fiscal emergency, a departure from a 2014 proposal which would have allowed them to be diminished for any reason.

Fiscal emergencies can arise aat squander in day - to - day.