The PQ has laid out plans to reduce that pesky deficit as well, stating the government
would balance the budget by the 2015 - 2016 fiscal year.
Would he have a moment to talk about the effect the proposed state shutdown settlement, which
would balance the budget by holding back 40 percent of education funding?
Not exact matches
While he
would have liked to
have seen more investor - specific changes — «it's always nice to
have more rather than less,» he says — he thinks it's unlikely we'll see any reductions in capital gain taxes or major increases in TFSA room until at least 2015, when the government says it can
balance the
budget by.
They elevate the importance of
balanced budgets by trying so hard to convince voters that they too
would run tight fiscal policy.
Canada's new Federal
Balanced Budget Act allows for budgetary deficits when a recession is «
has occurred, is occurring or is forecast» — a condition met
by TD's recession projections.
Now that conservatives complained about the $ 1.3 trillion catchall spending bill — which blew through previous
budget limits
by $ 300 billion over this year and next, House GOP leaders
have scheduled a vote this week on a proposed amendment to the Constitution to require a
balanced federal
budget.
Republican Presidents, including Trump,
have promised to
balance future
budgets with gigantic reductions in discretionary spending, a category that includes both outlays for defense, and all other areas that are voted each year (as opposed to entitlements that provide benefits guided
by a fixed formula).
Now that Puerto Rico's Governor Ricardo Rosselló
has introduced a fiscal proposal that will cope with the island's debt and
balance the
budget, and our decisions are being disciplined
by a federal fiscal control board, we need to start thinking about what it will take to create a sustainable economy where more companies like Señor Paleta can grow.
The economic landscape since then
has clouded over considerably, suggesting that the achievement of a
balanced budget by fiscal 2015 - 2016 could be too rosy an assumption.
A GfK Roper poll sponsored
by the Associated Press and conducted around the same time showed 69 % felt taxes
would have to be increased to
balance the
budget, compared to just 29 % of Americans who felt it could be
balanced without raising taxes.
Page 287 of the 2014
Budget has an estimate that a 1 - percentage point decrease in GDP growth
would reduce «the budgetary
balance by $ 3.7 billion in the first year, $ 4.5 billion in the second year and $ 6.0 billion
by the fifth year.»
Mulcair and Trudeau
have left themselves open to these attacks
by underestimating the potential of Harper's
balanced -
budget law.
The recommendation that Ottawa should delay its efforts to
balance the
budget and spend on infrastructure to create jobs
has been advocated
by left - wing economists, but Scarth's report is not so easily pigeon - holed.
[105] On January 8, 2008, to address ongoing structural
budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to
balance the
budget and a controversial plan to raise some $ 38 billion
by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured
by future tolls, which it
would be allowed to raise
by 50 % plus inflation every four years beginning in 2010.
The budgetary
balance has deteriorated significantly compared to that forecast in the March 2012
Budget,
by $ 5 to $ 7 billion per year.
Using the sensitivity analysis provided
by the Department of Finance in the April
Budget, a reduction in real economic growth of 0.6 percentage point would result in deterioration in the budget balance of approximately $ 2.5 billion in 2015
Budget, a reduction in real economic growth of 0.6 percentage point
would result in deterioration in the
budget balance of approximately $ 2.5 billion in 2015
budget balance of approximately $ 2.5 billion in 2015 - 16.
Given recent economic developments (which suggest there will be no surplus this year) and global uncertainties, together with a commitment
by all three major political parties to
balanced budgets and no tax increases (other than the NDP), it
would be fiscally imprudent for any political party to make new major election «promises» in the coming months without indicating how they
would be financed.
The Fraser Institute
has raised valid concerns about the Government's ability to achieve a
balanced budget in 2016 - 17 as forecast
by the Minister of Finance, or
by 2015 - 16 as forecast
by the Prime Minister..
Including Mr. Harper's vow in 2008 that a government led
by him
would «never» go into deficit, this is the second time in three years that the Conservatives
have made a
balanced -
budget promise during an election campaign only to abandon it after being reelected.
What's more, today's
budget also included a road map to deliver two more
balanced budgets, which
would bring the total to seven consecutive
balanced budgets by 2019 - 20.
This large difference leads to two conclusions: first, fiscal forecasting
by the Department of Finance
has lost all credibility, and second, the Government is on track to meet its
balanced budget commitment for 2015 - 16 if not sooner.
A credible initiative to support the elderly
would have some on - going funding but, given the projected fiscal track, offsets
would need to be found to claim a
balanced budget by 2015 - 16.
Based on our assessment of the proposed expenditure «savings», we believe that the Government will not
balance the
budget in 2015 - 16, and may
have difficulty in achieving a
balanced budget by 2016 - 17.
While I'm not persuaded
by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I
would consider worse: arbitrarily cutting spending in a weak economy to
balance the
budget in light of a revenue shortfall stemming from lower than expected nominal GDP.
Gramm - Rudman - Hollings law: A law enacted in 1985 requiring that
budget deficits be brought down to specified amounts and the
budget be
balanced by 1991; failure to meet those goals
would trigger automatic spending cuts.
And to top things off, the government
has declared that in the post-Afghanistan era, the Forces are to find significant savings to contribute to a promised
balanced budget by 2015.
Budget balance has been achieved despite a slowing economy and new tax cuts mainly
by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.
With the Alberta twist on LOL — lower for longer oil prices — the government
has cancelled its earlier promise of a
balanced budget by 2020.
On the other hand, they set a firm fiscal anchor
by saying that they
would balance the
budget in their fourth year, and reduce the federal debt to GDP ratio from 31 % in 2015 to 27 % in 2019.
Accompanying the
budget, the NDP government
has produced a plan to return to
balance by 2023, a plan built on a rickety foundation that assumes that the Kinder Morgan pipeline will be built and operate at capacity, that...
They stand alone in Canada as
having delivered five consecutive
balanced budgets and
have put our province in the unique position to pay off the government's operating debt
by 2021.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading)
has already been proven wrong. Since the money was already «written off»
by Ottawa as a loss (on grounds that they
had little confidence it
would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the
budget on the revenue side. Jim Flaherty
has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the
budget situation look worse than it is (even when the bottom
has fallen out of the
balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
Perhaps
by year 4, Trudeau will
have simply superseded the conventional conservative wisdom that a federal
balanced budget in itself
has any justification.
If
by chance a candidate arises that
has more experience and talent at
balancing budgets and cutting spending, I'll vote for him, but as there's not... GO MITT!!
wenger
has made the club profit this window i
would have though as well all incomings
have been covered out goings and other revenues coming in like c / l monies and squad releases wages being saved i bet we are in a +
balance if we went through it properly we do nt know what the
budget is so it could be worst there now way wenger
has spend # 100 not even # 70 million transfers ospina = covered
by the sales of miquel and monies made from cesc to chelsea so nothing really spend there debuchy = covered
by the vela money chambers = covered
by the vermalen sale # 11 million only goes up to # 16 if he does well in certain circumstances sanchez = covered
by the c / l monies and no doubt what we are owed on previous player sales i.e cesc to barca and song monies still outstanding welbeck = covered
by wages being freed up and the rest of outgoing transactions and previous player sales being owed so there we
have most likely recoup most if not all of our transfer monies back and shafted and lied to puma and the emirates about spending there monies in sponsorship on tranfers and pocketing in» profit» aprox # 60 - 70 million of the transfer funds to boot wenger hang your head in shame
Between admissions, concessions and restaurants, catering, retail stores, grants, donations and a modest operating grant graciously provided
by The City of Calgary, Heritage Park successfully ends each year with a
balanced budget — a tradition we
've maintained since we opened our gates on July 1, 1964.
According to a study published in April 2010
by the Pew Research Center, 75 percent of children ages 12 to 17 now
have a cell phone.2 That said, it can be a struggle for parents to
balance the family
budget in order to keep the whole family in touch while on the go.
For far too long, schools
have balanced their
budgets at the expense of student health
by selling some of the worst junk food out there, in competition with the healthier, nutritionally
balanced school meal.
He
has stressed that the Treasury — under his leadership — did loosen the grip, setting out new fiscal rules for a
balanced budget by the middle of the next decade.
Gov. Deal
has overseen three
balanced budgets without raising taxes, saved millions of taxpayer dollars
by maintaining Georgia's AAA bond rating, and increased our rainy day fund
by more than 500 %.
«
By removing vital revenue increases and relying on projections that are too aggressive, the
budget is no longer responsibly
balanced and NIFA will
have no choice but to reject the document if the amendments are adopted,» Barsky said.
On the economy, the Lib Dems
would balance the
budget through a mix of spending cuts and tax rises, while safeguarding capital spending
by re-incarnating Gordon Brown's «golden rule».
«While we are pleased that the Governor
has followed the Senate's lead in decoupling the state and federal tax codes to save New Yorkers $ 1.5 billion, it is also critical that we
balance this year's
budget without the $ 1 billion in new taxes and fees proposed
by the Governor.
The governor said that the deficit in the
budget would be financed
by a N10 billion loan facility from some development partners as a well as the 2018 opening
balance of N8.4 billion.
«Palin's message of fiscal conservatism, evidenced
by a
balanced state
budget and low taxes at a tough time, along with an appeal to the social conservatives to whom Sanford tried to appeal, seems now to
have one less direct competitor»
The entire
budget, which
has been shrinking in recent years, will be cut under the mayor's current proposed
budget, which is expected to be
balanced and passed
by the end of the month, a spokesperson for the group said.
He continued, «Instead of looking for a handout and attempting to
balance its
budget on the backs of the hard - working men and women who travel to work in New York City each day, the MTA
would be better served
by engaging in internal cost - cutting measures and proven budgetary practices that actually make fiscal sense.
The County Executive may at any time during the fiscal year transfer part or all of the unencumbered appropriation
balance between classifications of expenditures within the same administrative unit, provided that prior approval
by resolution of the County Legislature shall be required if the proposed transfer (1)
would result in an increase exceeding ten thousand dollars ($ 10,000), or such larger amount as may be prescribed
by local law, during the fiscal year in any one line item in the
budget as adopted, or (2)
would affect any salary rate or salary total.
Cut wasteful government spending and
balance the state
budget by implementing fiscally conservative strategies that
have a proven track record of success.
In his State of the State address this week, Malloy said, in order to
balance the
budget, there
would need to be a reduction of the state workforce
by more than 1,000 employees.