Sentences with phrase «government budget accounts»

The impeachment case rests on accusations that Rousseff illegally manipulated government budget accounts, a relatively technical issue that Rousseff says has been politicised in order to mount a «coup» against her.
Unlike other tax credits, the refundable portion of a tax credit is scored as an outlay in government budget accounts — that is, it is treated the same as direct spending.

Not exact matches

There is no indication in the budget how these numbers are estimated, so I spoke to government officials, who indicated that these are «straight - line» estimates and do not take into account possible behavioural responses by these high income earners.
The CPB accounts for far less than 1 % of the federal government's annual budget (it was allocated $ 445 million in 2016).
I started a government - contracting consulting firm, Integrated Finance and Accounting Solutions, which services military and other government institutions and assists them in federal financial management in the areas of internal audits, internal controls, budgeting and accounting Accounting Solutions, which services military and other government institutions and assists them in federal financial management in the areas of internal audits, internal controls, budgeting and accounting accounting processes.
This chart shows the three broad factors accounting for the decline in the medium - term outlook of Government of Canada Transfers since the 2013 Budget.
Over the years, the Conservative government has thrown investors the occasional bone — the biggest being the introduction of the tax - free savings account in the 2008 budget — but since then it's done little more than tinker when it comes to helping the plight of Canadian savers.
Instead, we should have been financing our budget deficits by having our central banks (or the ECB) simply create the money and credit it to the various governments» spending accounts — that is, by using helicopter money..
Fixing the date of the budget is necessary, but far from sufficient to give Parliament the capacity to review government spending and hold the government to account.
According to the Government, efficiency gains are expected to account for most of the savings announced in the 2012 budget.
In 2003, the Government adopted full accrual accounting as its accounting standard for the Budget and the Public Accounts.
This led to budget deficits, and Wall Street banks helped the government conceal its public debt in «free enterprise» junk accounting.
If elected Prime Minister, Mr. Harper promised that would be no more inaccurate forecasts, because he would create an independent agency, «Ensuring truth in budgeting with a Parliamentary Budget Authority» to hold the government to account in its budget forecasting and its spending estiBudget Authority» to hold the government to account in its budget forecasting and its spending estibudget forecasting and its spending estimates.
The government, however, notes that more detailed spending plans and data are released later in the budget year, through department reports on plans and priorities, supplementary estimates and the annual public accounts.
For example, the Public Accounts / Budget / Updates includes employment insurance program costs, as the government has full control over this program, determining the premium rates and eligibility and the amount of the benefits, whereas the Estimates excludes them, on the basis that they are included as part of a specified purpose account.
In the second Budget Omnibus Bill related to the 2012 Budget, the Government proposed to suspend the operations of the CEIFB until such time the EI Operating Account returns to balance.
In the second Budget Omnibus Bill related to the 2012 Budget, the Government proposes to suspend the operations of the Canada Employment Insurance Financing Board (CEIFB) until such time the Employment Insurance (EI) Operating Account returns to balance.
We will ensure accounting consistency among the Estimates and the Public Accounts; provide costing analysis for each government bill; restore the requirement that government borrowing plans receive Parliamentary approval; end the inappropriate use of omnibus legislation; and we will ensure the Parliamentary Budget Officer (PBO) is truly independent, properly funded, and answerable only, and directly, to Parliament.
First, there would have to be additional major credible cuts to government programs; second, there would have to be some «creative budget accounting», including «one - time» savings initiatives in 2015 - 16; and third, there would have to be a significant recovery in global economic growth in 2014 and 2015.
For example, the Conservative government has, along with implementing a series of modest tax breaks, promised to introduce income - splitting for couples with children under age 18, and to double the annual savings limit in tax - free savings accounts — but only once the budget is balanced.
The government of Canada's budget is approximately $ 300 billion per year, totalling over $ 400 billion per year when tax expenditures are accounted for.
Off - budget: Federal government expenditures on certain programs, agencies, and government sponsored enterprises that are accounted for separately in the budget to prevent spending changes or avoid a conflict of interest.
This Roth IRA account would serve as an insurance towards government's propensity to tax hard - working citizens and beat the crap out of them Thanks to the ballooning budget deficit, I see miles long red ink over there and a small amount in these accounts is highly desirable, and what I call a responsible act to save our skin.
The NDP's Alexandre Boulerice has dispatched a letter to Tony Clement for the purposes of clarifying the government's accounting, specifically as it relates to a budget line for grants to
In the 2006 Budget, the Government introduced a number of accounting policy changes, one of which was to present budgetary revenues and expenses on a gross rather than a net basis.
People keep forgetting that most government spending is transfer payments, but it is only purchases of labor and goods that go directly into the GDP calculations, and it is these accounts that will get smacked by the sequester of discretionary defense and non-defense budgets.
The Budget includes all expenses related to the Employment Insurance Operating Account on the basis that the government sets the premium rate, the eligibility criteria and the amount of the benefit.
Currently, the federal government generally relies on the Consumer Price Index (CPI) to index provisions of the budget and tax code to account for cost - of - living changes.
Although governments are considered sovereign entities, which can set their own accounting standards, the Budget and Volume I of the Public Accounts primarily follow the accounting standards recommended by the Public Sector Accounting Board (PSAB), which recommends the adoption of accrual aaccounting standards, the Budget and Volume I of the Public Accounts primarily follow the accounting standards recommended by the Public Sector Accounting Board (PSAB), which recommends the adoption of accrual aaccounting standards recommended by the Public Sector Accounting Board (PSAB), which recommends the adoption of accrual aAccounting Board (PSAB), which recommends the adoption of accrual accountingaccounting.
The fact is that in 2007, 2008 and 2009 funds were drawn from government resources, just like we said in the budget, and then from subsequent public accounts.
She said long - term projections by the Congressional Budget Office that take account of rising government benefits as baby boomers retire «should keep people awake at night.»
From 1990 to 2005, he was Director Fiscal Policy Division Department of Finance, responsible for overall preparation of the federal budget; preparation and assessment of medium - and long - term projections of federal revenues and expenses and implications for fiscal policy; analysis of fiscal conditions at both the federal and provincial levels; evaluation of various budget proposals; preparation of monthly Fiscal Monitor; with the Office of the Comptroller General (OCG), assessing and evaluating accounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial saccounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial sAccounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial saccounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial saccounting for the federal budget and the government's financial statements.
Money deposited into this account is for general use by the federal government and can be available for budget needs.
The IFS noted that the independent Office for Budget Responsibility has taken government underspending into account for the first time.
In a statement on page 38 of the Budget Red Book the Government state that they recognise «the importance of such arrangements» and «will take this into account when considering potential changes following EU exit».
The Treasury Committee is suited to such a role and should hold government to account for its announcements on tax, some of which are announced at Budgets without any or very little prior public consultation.
However the committee will hold the government to account on its annual progress towards the five year carbon budget and the 2020 and 2050 targets.
To ensure irreversibility, we are implementing the following measures to tackle some of the long - term structural issues: a. capping of the statutory funds at 25 percent of government tax revenues b. operationalization of the Treasury Single Account (TSA) to consolidate all government funds at the Bank of Ghana c. tightening of expenditure controls in GIFMIS to minimize inefficiencies and budget overruns d. strict enforcement of the PFM Act, as well as the Public Procurement Act, to ensure efficiency in public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their money.
The opposition claims that the president, elected with more than fifty - four million votes, used accounting tricks to artificially lower the government's budget deficit.
Businesses will be faced with too many changes simultaneously and the Government should consider relaxing the MTD timetable to reduce the impact on businesses at this critical time; · Argues for a «light» regulatory touch to ease the many SMEs who have never prepared documents for a Customs exit or entry clearance; · Urges the Government to follow through on the Autumn Budget 2017 promise that it will recognise the importance of postponed accounting arrangements; 3 · Emphasises the need for HMRC to get the substantial extra resources they need to cope with Brexit.
The budget document itself is based on the State - mandated Uniform Accounting System for New York State Local Governments, and provides a line - by - line accounting of all County revenues and expAccounting System for New York State Local Governments, and provides a line - by - line accounting of all County revenues and expaccounting of all County revenues and expenditures.
He went on to claim that the new Government would adopt «a more credible approach», with economic and fiscal forecasts in future provided by the newly created independent Office for Budget Responsibility, taking into account the measures in the Budget.
She was recognised for her hard work in securing a # 223m budget deal from the Welsh Government, which includes extra support for the poorest school pupils in Wales, as well as tirelessly holding First Minister Carwyn Jones and the Welsh Labour Government to account.
On the subject of the perceived inability of the government to deliver large - scale IT projects, he pointed to the DWP's payment programme with 22.5 million accounts now paid directly, which he said was «delivered on time, under budget».
If I'm not mistaken, this is a reference to so - called «baseline» reporting or the «present law» budget; requirements (sometimes in law, sometimes in government accounting principles) stipulating the «base» for the next year's budget estimate is what costs would be absent change.
Government had to continously revive the national budget on account of oil revenue shortfalls.
These rate increases take effect in February and come as local governments prepare budgets that take into account Gov. Andrew Cuomo's 2 percent cap on local property taxes.
Concord Town Board members want the state government to return the cap on tax levy increases to 2 percent to let the town account for inflation in its budget.
Sunday: Tory Government would establish an Office of Budget Responsibility to publicly account for progress towards a balanced budget (this idea was first proposed by thBudget Responsibility to publicly account for progress towards a balanced budget (this idea was first proposed by thbudget (this idea was first proposed by the FT).
The two percent property tax cap, approved a year ago by lawmakers in New York state, is another thing that local governments and school districts have to take into account while they plan their budgets.
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