Sentences with phrase «further public spending cuts»

The country's austerity drive is now set to continue well beyond the next general election, and later this year the coalition is expected to unveil further public spending cuts.

Not exact matches

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.

In recognizing the catalysts behind the public's persistence to save and reluctance to spend, additional analysis by policymakers should focus on the efficacy of further rate cuts on spending and investment, as well as potential «roundabout» benefits of a more normal rates regime to affirm support toward the public's saving objectives, with the end goal of boosting public's risk sentiment and perceptions of future economic stability.

The government, it said, remained on course for a # 10 billion surplus in 2019 - 20, but only by delaying capital investment, promising further cuts in spending on public services, and bringing forward a one - off boost to corporation tax receipts into 2019 - 20.

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).

Howe argued that only further aggressive cuts in public spending could revive the economy.

«I think we should also have been looking far more at progressive taxation rather than the kinds of cuts we're talking about here to public spending.

With no new money committed to capital spending over that announced in March's Budget, however, the Social Liberal Forum is concerned that further cuts to current spending in the Chancellor's Spending Review are unlikely to repair public finances in the absence of robust economic rspending over that announced in March's Budget, however, the Social Liberal Forum is concerned that further cuts to current spending in the Chancellor's Spending Review are unlikely to repair public finances in the absence of robust economic rspending in the Chancellor's Spending Review are unlikely to repair public finances in the absence of robust economic rSpending Review are unlikely to repair public finances in the absence of robust economic recovery.

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.

«There is,» he continues, «a powerful argument for the UK getting on with cutting public spending more aggressively, now, in order to avoid the risk of being forced into far harsher spending cuts later.»

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.

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.

-LSB-...] over that announced in March's Budget, however, the Social Liberal Forum is concerned that further cuts to current spending in the Chancellor's Spending Review are unlikely to repair puspending in the Chancellor's Spending Review are unlikely to repair puSpending Review are unlikely to repair public....

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.

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.

But to cut total public spending further would suck demand out of the economy and harm growth.

The mayor has so far been muted in his criticism of the governor and his budget, declining to attack him in public, although he did issue a statement calling the zeroing out of NYC's revenue - sharing aid on top of the education spending cuts «unfair.»

The prime minister made no mention of chancellor George Osborne's pledge on Monday to freeze working age benefits for two years, but said the plan to eradicate the deficit by 2017 - 18 through a further # 25bn of public spending cuts was doable, adding it represents only 3 % of government annual spend.

Mr Osborne used an interview with the BBC to confirm that further reductions in benefits would form part of his package of severe cuts to public spending to be unveiled on 20 October.

Contending with sharp internal splits about how far to go in cutting spending and a reluctance to show their hand, Senate Democrats have not made public any specifics on their ideas for cuts, frustrating Republicans who see themselves as making hard, substantive proposals with no corresponding effort in the Senate.

Conservatives don't always agree about raising new wealth and property taxes, but tend to do so about cutting the rate at which public spending is rising further.