Sentences with phrase «for budget reduction»

For example, one might say «I was designated as the team leader for the budget reduction task force by my Division Vice President based on my previous record of accruing cost savings.»

The Buffalo police department is responding to calls for a budget reduction.

Bush's warning that research agencies should prepare for budget reductions reflects real economics.

Not exact matches

The budget would expand funding for the military but impose an $ 8.8 billion reduction for the State Department and the US Agency for International Development during the current and next fiscal years — the biggest reduction since the 1990s.

After some early, desultory efforts, Martin found his footing and reeled out a handful of budgets built around themes such as deficit fighting, education, innovation and tax reduction that set the country on sound fiscal footing and gave it political direction and policy focus for the better part of a decade.

Republican Presidents, including Trump, have promised to balance future budgets with gigantic reductions in discretionary spending, a category that includes both outlays for defense, and all other areas that are voted each year (as opposed to entitlements that provide benefits guided by a fixed formula).

The cap for 2014 is $ 967 billion, so lawmakers can either agree on spending reductions that would bring the federal budget under limit, or they can decide they need to spend more and take down the BCA.

If that $ 3.2 billion was significantly lower than what DoD normally gets for submarines, it would take seven years for the full effect of those budget reductions to show in the real economy.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

The House budget, on the other hand, paves the way for more responsible, revenue - neutral tax reform accompanied by at least some mandatory spending reductions that are a down payment on fiscal responsibility.

We're seeing a lot of proposals in Congress that aren't accompanied by a lot of thought or analysis of what impact a deep cut in travel budgets could have,» such as a reduction in services for taxpayers and for veterans, and fewer job - related conferences.

The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).

Lesson # 4: «What is clear and critical for understanding the current situation is that a balanced budget was (NOT) achieved almost entirely through reductions in spending» (NOT) added by authors.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

The Senate budget resolution calls for significant deficit reduction that would put debt as a share of GDP on a downward path, but the most likely part of the budget to be acted on would widen deficits even further.

* Speaking of autopay, it's a good idea to get it set up as soon as makes sense for your budget, as you'll receive a 0.25 percent interest rate reduction for any Direct Loans you're repaying.

The President of the Treasury Board indicated that, given that the Main Estimates are being tabled before the Budget, the Main Estimates for 2012 - 13 would not include the impact of any of the upcoming proposed spending reductions.

The only thing the 2011 budget will likely be remembered for is that it may trigger an excuse to call an election, because of a 1.5 percentage point reduction in the corporate tax rate; a trivial economic reason, but, for some, an important political reason.

Greece is already managing to beat some of its deficit - reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.

Opinion: The B.C. NDP's changes in the budget update still fall short of what is needed for the province to meet its emissions reduction targets

That $ 164 reduction could be a huge help for your monthly budget.

The budget calls for tax reform that largely mirrors the House GOP's «Better Way» plan, though it does not mention much of the aspects that would pay for the changes in «Better Way» or other ways to make up for the revenue loss from the rate reductions it calls for.

Then finally — as I say, I'm probably leaving something out — there was the decision, which wound up a presidential decision because the people under him were disagreeing, to use the CBO macroeconomic forecast, even after we had done all this work to do our own economic forecast, for one reason: it was more pessimistic than ours, and would therefore make the budget deficit reduction job harder rather than easier.

The 9 % budgeted deficit recorded for last year, while not what was projected at the beginning of the fiscal year, represents a significant reduction from the 11.8 % recorded in 2012 and is certainly much lower than the 15 % the NPP left in 2009 when exiting power.

And when you take into account the Office for Budget Responsibility's precept forecasts, the real terms reduction is fourteen per cent.

The final agreement not only burnishes Cuomo's liberal credentials by extending (though not expanding) the millionaire's tax, raising the age of criminal responsibility of New York and addressing the high cost of college tuition for members of the middle class, it also dramatically increases his (already considerable) budget powers, enabling him to single - handedly make spending cuts in the event of widely expected future federal funding reductions.

Significant reductions in public sector housing budgets, and the collapse in private house building, have resulted in the failure to create growth opportunities for the building industry — especially in rural areas.

Labour called for the Office of Budget Responsibility to check its manifesto and centred the launch event on deficit reduction.

The Climate Change Act 2008 sets legally binding emission reduction targets for 2020 (reduction of 34 % in greenhouse gas emissions) and for 2050 (reduction of at least 80 percent in greenhouse gas emissions); the Act also introduces five - yearly carbon budgets to help ensure these targets are met.

The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

Comparable to reductions for SUNY and CUNY, the Executive Budget reduces unrestricted financial assistance to New York's independent colleges and universities (Bundy Aid) by 10 percent, comparable to reductions proposed for SUNY and CUNY.

Specifically, the manifesto argues for an end to austerity: the SNP proposal is for a 0.5 % annual increase in public spending over the course of the next parliament, rather than the reductions in spending which George Osborne laid out in his March 2015 budget.

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

The Executive Budget proposes School Aid of $ 19.4 billion for the 2011 - 12 school year, a year - to - year reduction of $ 1.5 billion.

The team, which also includes State legislators, is conducting a comprehensive review of New York's Medicaid Program and is to report its findings and recommendations for cost reductions to the Governor by March 1, 2011 for consideration in the budget negotiation process.

The Executive Budget recommends a net decrease of 91 in DOT staff, an increase of 54 positions associated with the DOT takeover of maintenance and operation of Interstate 84; 15 new positions to replace consultant contracts for information technology and a decrease of 60 positions associated with the Department's workforce reduction plan and lower staffing for non-health and safety functions.

Cuomo in the past has called for reductions to state health care coverage for retirees but those plans haven't made it into the annual budget proposals.

Government plans set for April will cut # 220 million from the # 2 billion annual legal aid budget, predominantly through a 30 % reduction in fees for complex, high - cost cases and an 18 % cut in fees for other crown court work.

Gov. David Paterson has apparently included $ 775 million in cuts to state funding for health care services in his latest budget extender bill, making good on his pledge to try to force the Legislature's hand on some of his proposed spending reductions.

Governor Paterson's proposed 2009 - 2010 budget features reductions in state aid to CUNY and SUNY, despite a projected increase in enrollment for 2009 - 2010.

Yet when we look at the Executive Budget, we see that he as included over $ 800 million in new taxes and assessments on health care and health insurance, including $ 590 million within the Deficit Reduction Plan for the current fiscal year.

Gov. Andrew Cuomo will unveil his proposed 2016 - 2017 budget on Wednesday but he has already previewed the broad outlines of his agenda: a $ 15 minimum wage; investments in infrastructure, downtowns and the environment; a reduction in Thruway tolls; and tax cuts for small businesses.

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.

Brophy said previous budget proposals included a smaller reduction in eligibility for the Medicare Savings Program, but as the projected budget deficit expanded, so too did the reduction of the program.

While we are a strong advocate for spending constraint, we note with concern that while most major spending categories are subject to limited spending reductions, the Executive Budget proposes a significant contraction in the state's economic development resources.

«Your budget examination unit will contact you with revised targets, and with further details on the process for submitting your proposed reductions.»

The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.

In the autumn statement, usually a preview of what the next year's Budget will contain, the chancellor emphasised the need for rapid deficit reduction, as well as a focus on supply side economic policies like low interest rates and tax credits.

To hear Gov. Andrew Cuomo tell it this week, the proposed $ 152 billion budget includes a tax rate reduction for those who earn $ 40,000 and above.

He will also hit out at the expected reduction in growth forecasts from the Office for Budget Responsibility.