Sentences with phrase «from public spending cuts»

Not exact matches

And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to impose fiscal austerity on their labor force, cut back public spending and even sell off public enterprises.

The Spanish government outlined an austere 2014 budget that includes further cuts in spending by its ministries and a salary freeze for public employees despite the country's emergence from recession.

A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).

Despite our tough plans for cuts in public spending, we have stuck to the previous Government's commitments on capital investment, apart from some small savings made in May.

Critics of the idea have claimed it is a cover for the coalition's spending cuts agenda, by transferring responsibility from the state to unprepared members of the public.

He also partially distanced himself from the policy of Alistair Darling, the previous Labour Chancellor, to make public spending cuts sufficient to halve the government deficit in four years, by calling it a starting point.

This is about the richest Tory front bench in living memory pledging to introduce an «age of austerity» — involving public spending cuts and pay freezes — from which their own estates will be conveniently exempt.

The chancellor today signalled a change of focus away from the government's programme of public spending cuts, promising to restructure the economy and promote a «new model» of economic growth.

Mr Morgan argued that the cuts package unveiled in the emergency Budget in June, far from drastically trimming the state, will only bring public spending back down to 2009 levels, while the spending review was described as «modest».

Still, it's hoped, stripping more power from central government will enable improvements in public services which far outstrip the downsides of cutting departmental spending.

The last week has seen frenzied activity from the party, with Treasury spokesman Vince Cable publishing the cuts the party would make to public spending if they attained power and leader Nick Clegg trying to reclaim the mantle of «progressives» from the Tories.

Liberal Democrat insiders point to the fact that Kennedy and his supporters emerged from the SDP, the old Social Democratic breakaway party, but that in seeking to «break the mould» of British politics and merging with the Liberal to become the Liberal Democrats in the 1980s, never in their wildest dreams expected to end up supporting a minority Conservative Government intent on the most swingeing cuts in public spending since the Second World War.

The IFS says the fact that all three parties have ringfenced certain public services from cuts, notably the NHS, will pile the pressure for savings onto other areas of government spending.

And from Europe to public spending cuts, they are all issues close to the heart of many Liberal Democrats.

[172] Other unions have also faced calls from members to reduce financial support for the Party [173] and seek more effective political representation for their views on privatisation, public spending cuts and the anti-trade union laws.

The sheer magnitude of continued «unspecified» spending cuts forced by the two percent spending cap — $ 1.7 billion in fiscal year 2017, $ 3.3 billion in 2018, and $ 4.8 billion in 2019 — will inevitably starve our schools and public universities and prevent our state from making the investments needed to expand opportunities for those struggling to lift themselves out of poverty.

It was a vision far removed from the massive cuts Osborne once proposed for after the election, all of which were due to take place without any tax rises to offset the impact on public spending.

The public spending cuts will wound a sector bolstered by injections of funding under Labour from the mid-90s when money was redirected away from universities to early years learning and further education.

The BRC's warning will make uncomfortable reading for ministers, as the coalition has staked its economic policy of cutting spending on the projection that the private sector will be able to soak up a great deal of the job losses from public services, which will result from the spending review revealed on October 20th.

During his Labour leadership campaign, Jeremy Corbyn claimed # 120bn could be recovered from tax avoidance and evasion - enough to eliminate the UK's budget deficit without cutting welfare or public spending.

The opposition wants to spend the cash from the City on tax credits, cutting the deficit, spending on public services, the bits of the regional growth fund Miliband likes, and even turning empty shops into cultural community centres.

Have things reached the perverse situation where in order to get elected Labour have to cut public spending for their first term although they want to increase it and the Conservatives have to increase public spending in order to get elected, usually when people vote for a different party it is because they expect something to be different from the way it was, such plans leave it wide open for the Liberal Democrats to come out and propose a series of economy measures and be the one of the 3 parties proposing the lowest levels of public spending and tax cuts targeted at the poor.

He had the determination to push through undoubtedly necessary public spending cuts in the face of opposition from within his own party (and, indeed, our own).

The Chancellor has embarked on a programme to slash # 81bn from public spending to bring «stability to the economy» and Mr Cameron has made clear he believes the cuts should be permanent.

Dems will be working hard to prevent Mitt Romney from achieving separation from the House GOP, arguing that the Dem emphasis on a mix of tax hikes and spending cuts, along with more public investment to keep the recovery going, is far more balanced than the Romney / House Tea Party emphasis on gutting government at all costs.

More than 200,000 public sector jobs have already been axed or are now on the line since the massive spending cuts began, research from GMB union showed today.

He insisted Labour's plans for extra spending on police and other public services, to be funded by an estimated # 2.7 bn in savings from reversing capital gains tax cuts, were «fully costed».

However, given the recent rhetoric and phoney public service spending / tax cut promises (that undermine the defence of the nation) from the Libdems my view is simple.

NEW YORK (WCBS 880)-- In addition to cutting more than 6,000 teaching jobs from New York City's public schools, Mayor Bloomberg's proposed $ 67 billion spending plan could force 20 fire companies to close.

Even if - and it is far from likely - Orbán obtains permission for such a deficit increase, economic realities will leave his government with no option other than to renege on their manifesto commitment not to implement savage public spending cuts.

The sheer magnitude of continued spending cuts forced by the two percent spending cap — $ 1.7 billion in FY2017, $ 3.3 in FY2018, and $ 4.8 in FY2019 — although particular program areas are unspecified today, will inevitably starve our schools and public universities and prevent our state from making the investments needed to expand opportunities for those struggling to lift themselves out of poverty.

in December 2009, the Institute for Fiscal Studies (IFS) estimated that there would be a public spending shortfall of # 36 billion in the three years from 2011 — with # 15 billion of the cuts needed yet to be identified.

Far from endorsing the tax cap, most speakers at the sparsely attended public hearing urged the board to forgo proposed budget cuts or, in certain cases, even increase spending.

The backlash from the student fees debacle will still do him harm, as will the impact of local spending cuts and public sector job losses.

At the same time, Mr. Cuomo has signaled that he is ready to fight, and has vowed to avoid the fate of his predecessors, who have endured millions of dollars in withering television advertisements from public - sector unions seeking to forestall cuts to state spending.

From tax increases, to public sector spending cuts, to an increase in VAT, this is a budget that will be felt by all: rich and poor, individuals and businesses.

Chancellor Osborne says it is the only road to recovery - but the coalition wants to shave # 66bn off public spending with a raft of measures from spending cuts to a hike in VAT.

Following pressure from Cabinet ministers led by Alistair Darling and Lord Mandelson, Mr Brown also seems to have accepted that Labour would have to cut public spending from next year in order to meet its pledge to halve the deficit in four years.

On the central economic issues, the Conservatives have secured their red - line commitment to cut # 6bn from public spending this year, as well as a greater emphasis on deficit reduction through spending cuts, as opposed to tax rises.

More than 200,000 public sector jobs have already been axed or are now on the line since the massive spending cuts began, research from GMB union showed on Sunday.

It follows the backlash from voters across Europe against plans to cut public spending.

It's interesting to note they reacted somewhat favourably to overtures two days ago from Gordon Brown, who promised to maintain the size of this year's block grant to Northern Ireland - and they accused the Tories of planning to make savage cuts to the province's public spending.

The Conservative plans to cut # 6bn from public spending this year will be subject to advice of the Treasury and the Bank of England, but are widely expected to go ahead.

The coalition is set to tighten public finances by # 113bn by 2014/15, with # 30bn from tax measures, # 11bn from welfare reforms announced in the budget, # 10bn from lower debt interest costs and # 61bn in cuts to departmental spending.

Thatcher sought to cut public spending, privatise nationalised industries and liberate the City from capital controls.

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Privately, the OST says the wording signifies that funding for the research councils will be «protected» from this year's round of public spending cuts.

At a time when pressure on school places and buildings is increasing, and the public sector is being asked to make more cuts on spending, it is critical that school providers understand current issues on planning if they are to make best use of their built assets, according to Karen Cooksley and Lindsay Garratt from law firm Winckworth Sherwood

To isolate the effect of the recessionary spending cuts from that of the general ill - effects of the recession, Cora Wigger, Heyu Xiong and I rely on the fact that states that relied heavily on state taxes to fund public schools experienced the deepest education revenue cuts during the recession, on average.

As always, there are competing calls for the Chancellor to commit to new spending or tax cuts — including from public services which have already been squeezed; speculated costs associated with leaving the EU; delivering on ambitions for housing; and taxpayers feeling the pinch of inflation.