Sentences with phrase «hiking budget spending»

He was also a liberal throwback completely unconcerned about, for example, the wisdom of hiking budget spending by 11 percent, as he did one year, or by enacting a package of tax increases so huge and costly it was called «The Big Ugly.»

Not exact matches

The February federal budget deal, meanwhile, hikes outlays in both of the two categories of «discretionary» spending, defense and federal programs from foreign aid to housing subsidies, by an unprecedented 12 %, or $ 150 billion a year in 2018 and 2019.

The non-partisan Congressional Budget Office predicts the combined impact of spending cuts and tax hikes will lead to a contraction in real GDP of 0.5 % between the fourth quarter of 2012 and the same period in 2013.

New Mexico's grinding budget crisis is taking a toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts.

FILE - In this Aug. 24, 2016, file photo, New Mexico Finance and Administration Secretary Duffy Rodriguez, from left, Taxation and Revenue Secretary Demesia Padilla and Legislative Finance Committee Director David Abbey give testimony to lawmakers about state budget shortfalls in Red River, N.M. New Mexico's grinding budget crisis is taking a visible toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts.

Instead, Ted Morton, the finance minister, presented a budget that veered toward the centre, hiking spending by 5.3 %, with most of the new money going to health care.

Kevin Page, the parliamentary budget officer, recently estimated that an aging population — which means a smaller tax haul and bigger health and other outlays — will leave Ottawa and the provinces with a $ 46 - billion - a-year fiscal gap to fix by cutting spending or hiking taxes.

On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.

Greek budgets include tax hikes and spending cuts by more than $ 4.5 billion, a debt increase to more than 200 percent of GDP, an economic contraction of 1.3 percent and a new rise in unemployment by almost one percentage point to 25.4 percent.

In other words, recent spending hikes and tax cuts are responsible for $ 540 billion — or 55 percent — of next year's budget deficit.

1) Repeal Obamacare; Pursue Patient - Centered Care 2) Stop the Tax Hikes 3) Reverse Obama's Spending Increases 4) Scrap the Code; Replace It with a Flat Tax 5) Pass a Balanced Budget Amendment 6) Reject Cap and Trade 7) Rein in the EPA 8) Unleash America's Vast Energy Potential 9) Eliminate the Department of Education 10) Reduce the Bloated Federal Workforce 11) Curtail Excessive Federal Regulation 12) Audit the Fed

Streamwood Park District commissioners Thursday night approved a budget of about $ 6.4 million for fiscal 1998 - 99 that shows a 14 percent hike in spending, an increase based primarily on building the $ 700,000 Sherwood Forest Park.

But Cuomo has pinned the preservation of the rates on boosting spending elsewhere in the budget, including a $ 961 million hike in education spending.

A $ 134 billion budget that hikes spending 4 percent — more than double inflation — and socks New Yorkers with even higher taxes?

Treasurer Joe Hockey's first budget, handed down last night, will tighten the belts of most Australians, with tax hikes, tighter welfare rules, new GP fees, and cuts to health and education spending.

Tell them we have a decent chance that spending cuts — not tax hikes — will balance our budget and there's a chance for a property tax cap that reigns in runaway State mandates.

The next round of budget extenders won't include education spending cuts, but will include spending reductions on mental health and human services — plus a tax hike on cigarettes.

Cuomo was endorsed earlier today by the business lobbying group, which cited his efforts to install a cap on local property tax increases, limits on spending hikes in state budgets and an uptick in the state's credit rating.

Cuomo has long insisted the state has been funding schools at record levels after initially seeking to scale back spending hikes in order to close yawning budget gaps he inherited during the first year of his first term.

WATERVLIET — The city is headed toward a 19.2 percent tax hike for 2018 and plans to cut spending because it can no longer can rely on cash reserves to cover its costs, according to the proposed $ 11.46 million budget presented to city residents.

Such permanent rate hikes and formulas ensure that spending in areas like education and Medicaid continue to explode despite annual budget cuts.

Pork barrel spending flourishes throughout the budget bills, and the final deal includes the creation of a commission intended to pave the way for a pay hike for legislators and top state officials.

ALBANY — A tense standoff, a three - hour delay and backroom wrangling marked an internal Republican struggle before GOP senators decided to vote in a bloc to support a steep minimum wage hike in exchange for a budget that increased school spending and cut income tax rates for many.

Obama himself recognized as much, proposing a defense - spending hike only 3 percent below Trump's in his final budget.

In March amid the budget negotiations, Cuomo suggested lawmakers may not receive a pay hike should ethics agreements measure not pass or the spending plan not be approved on time.

The budget negotiations will take on a more urgent dimension in the coming weeks and lawmakers could fight the governor on taxes (the Assembly wants to increase taxes on the rich; the Senate has stated opposition to a tax hike or extension of the current rates), as well as education spending.

From the Citizens Budget Commission: While Gov. Andrew Cuomo has claimed the budget keeps spending under a 2 percent increase, certain areas of spending have been reclassified, meaning the hike was actually 3.7 peBudget Commission: While Gov. Andrew Cuomo has claimed the budget keeps spending under a 2 percent increase, certain areas of spending have been reclassified, meaning the hike was actually 3.7 pebudget keeps spending under a 2 percent increase, certain areas of spending have been reclassified, meaning the hike was actually 3.7 percent.

Though in the budget, the hike in the minimum wage could wait until after the spending plan is ultimately adopted, giving lawmakers and Cuomo more time to reach a deal.

At the same time, DiNapoli's report takes issue with the spending proposal including language that would allow the executive branch to have control over the budget post-legislative approval such as the ability to hike or lower planned expenditures and re-allocate previously approved spending.

The supervisor's proposed budget includes a 1.37 percent hike in overall spending next year, and an estimated 1.45 percent tax levy increase for local taxpayers.

The spending cuts would reduce the budget to $ 68 million with a 6.3 percent property tax increase instead of the original 9.3 percent hike.

Based on current - law spending trends (including the $ 864 million 2015 - 16 aid hike the Conference Board regards as insufficient), the state financial plan currently incorporates budgets gaps for every year from 2016 through 2018.

It continues a trend of increased spending under de Blasio — and represents a 17 % spending hike over Mayor Michael Bloomberg's last budget in 2014, according to the Citizens Budget Commibudget in 2014, according to the Citizens Budget CommiBudget Commission.

He said he is considering possibly voting against the House Democratic budget proposal because it does not currently include tax hikes on the wealthy and instead offers spending cuts for programs for the poor and middle classes.

Cuomo's budget would hike spending by 3.9 percent or $ 961 million, according to the proposal.

As lawmakers and Gov. Andrew Cuomo hash out a budget agreement that potentially reconstitutes a legislative pay commission, it's worth noting how the governor in the past has linked a salary hike for the Legislature to a timely or on - time spending plan.

That was the same year that President Clinton proposed his plan to balance the budget, which called for a mix of spending cuts and income - tax hikes on the top 1.2 percent of earners.

Focused on delivering an on - time spending plan — which polls earlier this month showed 62 percent of voters wanted the timely budget, stronger ethics laws be damned — the governor and legislators jettisoned plans for a minimum wage hike, the Dream Act and changes to the criminal justice system from the spending plan.

He was given an opportunity by the state to come up with a budget solution, but was unable or unwilling to find the combination of spending cuts and, of course, tax hikes that would have alleviated what was at one point a $ 176 million deficit.

However, when explained to voters that Mayor Bloomberg says his proposal to hike the city's sales tax half a percent is not ideal but is a solution to avoid additional spending cuts in the city's budget and reduce the number of layoffs, slightly more — 46 % — support the idea.

In December, a month earlier than required, Paterson proposed a gap - closing budget balanced with a mix of spending cuts and revenue hikes.

In Albany, for instance, the board is proposing a budget with no property tax hike but a spending increase of 4.5 percent.

As new chancellor he is preparing to make deep spending cuts and tax hikes in next month's emergency Budget.

A compromise budget plan approved by Congress this month calls for a $ 3 billion spending hike for the Department of Education next fiscal year.

Sitting on a $ 1 billion surplus in an operating budget of $ 17.4 billion, the second - term Democrat last week proposed a politically popular 13 percent spending increase for K - 12 education, while also asking the legislature to block scheduled tax hikes.

Ontario can't afford such a «disingenuous» budget that hikes both taxes and spending, said interim Progressive Conservative Leader Jim Wilson.

If all of the scheduled tax hikes and spending cuts go into force, the Congressional Budget Office (CBO) estimates that the total 2013 fiscal drag on the economy will be $ 560 billion.