There will also be a greater demand for part - time positions in public institutions due to local and state
government budget restraints.
Not exact matches
For the
government sector, large federal
budget deficits are a constraint and fiscal policy is slowly shifting from an expansive policy back toward
restraint.
The real issue that was not addressed in the
budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial
governments are in serious
restraint mode; and the export sector is weak and deteriorating.
The impact of these
restraint measures on departmental spending was requested by the Parliamentary
Budget Officer but refused by the
Government.
Fifth, to meet the commitment to balance the
budget over the medium term, the
Government implemented various spending
restraint measures.
They argue that, since 2009, the federal
government's plans to balance the
budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending
restraint», which have resulted in increases in the projected deficit with each successive
budget, and the pushing out of the date that the deficit would be eliminated.
During the Socred
government years of 1983 - 84, he was head of the BC Federation of Labour, fighting Bill Bennett's «
restraint»
budget while B.C. teetered on the edge of a general strike.
The current forecast of the deficit depends significantly on the
government achieving the full cost savings of the
restraint measures introduced in previous
budgets and Updates.
The joint letter noted that unions want the
government to restore pay levels to at least the levels that existed before the start of the pay
restraint in 2010; give teachers a pay rise of five per cent in 2019 as a first step towards restoration; make teacher pay a priority in discussions within the
government; and provide sufficient additional funding for this increase in teachers» pay in the chancellor's
budget statement this autumn.
Government funding is short duration by nature because of the annual appropriations process, and lack of any
restraint — little in the way of rainy day funds — a presumption of prosperity in
budgeting.