Sentences with phrase «growth in federal spending»

Our refusal to expand Medicaid does in fact help to reduce the growth in federal spending, which is yet another reason why every state should do the same.

Not exact matches

Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say.

Consumption growth was robust in the third quarter, supported by the new Canada Child Benefit, while the effects of federal infrastructure spending are not yet evident in the GDP data.

The harsh winter weather and port delays that damped growth at the start of the year have given way to increases in consumer spending and housing, bolstering Federal Reserve projections that the setback was temporary.

[The above figure] shows the growth in per capita spending by federal, state, and local governments following the troughs of the four recessions.

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.

But I would argue that nothing has really changed in policymakers» attitudes towards spending, that the federal fisc has been rescued by the happy accident of aggressive revenue collection and decent economic growth.

The commitment in Budget 2011 to undertake a Strategic Operating Review to find $ 4 billion in annual savings followed the Budget 2010 initiatives which restrained growth in national defence spending, capped funding of the International Assistance Envelope, forced departments to absorb the increase in annual federal employees» wages for 2011 - 12, and froze their operating budgets for 2011 - 12 and 2012 - 13 at their 2010 - 11 levels.

And to make matters worse, it's not really a cut, as a reduction in spending, but just a cut in the rate of growth of federal spending.

Breaking the GDP report down, we see that in addition to overall modest strength in the economy (growth was still off from the fourth quarter's 2.9 %), the upturn was helped individually by positive contributions from nonresidential fixed investment, exports, private inventory investment, federal government spending, and state and local government spending.

Stung by the expiration of federal aid intended to help states balance budgets as they seek to recover from the recession that began in 2008, the final budget is also expected to include another cut in local aid to cities and towns and to call for reduced growth in the rate of spending on education and health care, although special education is one of the few areas in which significant investments appear imminent.

In the past he has advocated for federal spending as a means of promoting economic growth and he believes in providing tax incentives to businesses for the purpose of job creatioIn the past he has advocated for federal spending as a means of promoting economic growth and he believes in providing tax incentives to businesses for the purpose of job creatioin providing tax incentives to businesses for the purpose of job creation.

It will slightly cut overall spending for the second year in a row while limiting growth in state spending — sans federal funds — to just under 2 %, Skelos said.

Meanwhile, the state expects massive growth in total Medicaid spending, largely for costs associated with the Affordable Care Act, which will be paid for with federal funds.

This suggests that the expansion in federal investment in R&D over the past several decades has resulted not only from a commitment to the «endless frontier» of science and technology, but perhaps as importantly from the general growth of discretionary spending which allowed greater government investments to be made in a variety of areas including S&T.

Drawing increasingly on support from foundations and federal agencies, the Association has built pioneering programs for bringing underrepresented groups into science; applying science to human rights; supporting the growth of science in the developing world; exploring issues of science, ethics, and law; tracking federal spending for R&D; and in bringing scientists and engineers to work in Congress and executive agencies of government.

Meanwhile, virtually all growth in federal research spending has been consigned to bioterrorism, homeland security, and defense, leaving civilian research at a standstill.

But even if the Senate, as expected, approves the agreement next week, the scientific community will still be a long way from achieving its long - term goal of sustained growth in federal research spending.

With the rate of growth in federal research spending essentially stagnant, universities hoping to profit from some of the bright ideas of their faculty must pay more attention than ever to developing partnerships with industry, a top University of Virginia official said recently at AAAS.

Given that many states have been slow to implement the statewide assessment and accountability systems required by NCLB, one might even argue that in some instances federal spending growth has overshot the target.

Both Barack Obama and Mitt Romney favour charter schools, but at a time of probable cuts in federal education spending their growth may slow.

Texas spending on prisons and jails is the highest in the nation, a new federal study concludes, and has grown about five times faster than the state's rate of spending growth on elementary and secondary education over the past three decades.

However, the majority of growth in Medicaid spending results from increased federal dollars passed through to state budgets and not increased spending from state revenue sources.7

In general, the budget renews the federal government's commitment to return to a balanced budget by 2015 - 16 by continuing to restrain the growth in direct program spendinIn general, the budget renews the federal government's commitment to return to a balanced budget by 2015 - 16 by continuing to restrain the growth in direct program spendinin direct program spending.

The Federal Reserve policy of quantitative easing along with deficit spending by Congress has resulted in trillions of US Dollars being created without the corresponding economic growth.

Fed: Card balances fell in July — Credit card balances fell in July, a time of sluggish consumer spending and languid job growth, the Federal Reserve reported.

Despite robust growth and recent improvements in price and performance, a boom in US clean energy technology («clean tech») sectors could now falter as federal clean energy spending declines sharply, according to a new report published today by some of the country's top energy analysts.

However, economic growth will remain constrained by various headwinds, such as a potential spike in oil prices due to tension in the Middle East; an expected decline in net exports from the global slowdown; and an expected increase in fiscal drag, including the fading of federal spending from the stimulus and a decline in defense spending for operations in Iraq and Afghanistan.»

GDP growth was reduced by higher levels of imports and weakness in federal government spending, particularly for defense spending.