Sentences with phrase «if federal cuts»
«If those federal cuts happen we couldn't even imagine how we could fill that hole in the budget.
http://www.nystateofpolitics.com/ Not exact matches
The company is continuing to look at alternatives but is making the cut because the proposal by the U.S. Federal Energy Regulatory Commission will have a «profound impact» if adopted, said Nathan Brown, president of TC PipeLines» general partner.
If you oppose a hike to the federal minimum wage, you'll find plenty to support the idea that wage increases will only add to your labor expenses and probably lead to job cuts.
The Tax Foundation found that federal revenue would fall by $ 2 trillion if the corporate tax cuts are put in place.
If Democrats and Republicans can't find a way to spend within those limits, the sequester kicks in, which brings federal spending under the statutory caps via automatic, across - the - board cuts.
This is what Federal Reserve Chairman Ben Bernanke called the fiscal cliff, and he and many other economists worry that if all of these tax increases and spending cuts take effect simultaneously, the U.S. will send itself into a self - inflicted recession.
The White House has yet to spell out how much of a hole the tax cuts could create in the federal budget, maintaining that the resulting economic growth would reduce — if not eliminate — the risk of a soaring deficit.
And that even if the President wanted to cut their nonexistent federal funding, he'd still have to go through Congress to do it.
Even if you believe the federal government will keep its promises and won't further shift costs to states (and they recently cut our match rate to its lowest point in 25 years), even advocates for Obamacare admit the federal subsidies are front - loaded and that expansion will eventually cost the states.
If you did this, the level of federal debt could be cut by almost $ 40 billion.
It's still likely to result in a bill that scales back federal support for insurance coverage and overhauls Medicaid while cutting taxes for the health care industry — but if any plan can pass the Senate, it's likely to look something like that.
And will the Federal Reserve's chairman, Jerome Powell, be ready to take action, such as by delaying interest rate increases or even cutting rates, if markets tumble further?
If asked what the federal government is doing to cut carbon pollution, most Canadians would likely point to the policy they've heard the most about: carbon pricing.
«If they were at the same 21 percent share of corporate profits as they had averaged in the two decades before these cuts, the federal government would have about $ 25 billion more in corporate tax revenues annually.
For instance, if the Federal Reserve decides to cut its benchmark rate, conventional loan rates could fall, too.
If you look at the history of the Federal Reserve, typically, when they react to a crisis or a recession on average they cut interest rates about five percent from their prior peak.
Dr. Lacy Hunt: Here's my attitude: the new federal initiatives, whether tax cuts or infrastructure or otherwise will not provide a boost to the economy if they are funded with increases in debt — that's where we're at.
I mean, he was aware that there were hazards here, that if we didn't get the bond market rally, if we didn't get cooperation from the Fed [Federal Reserve Board]-- and the Fed, remember, is very independent and Alan Greenspan was not known to be a Democrat — if that didn't happen, there was a hazard that you raise taxes and cut spending and the economy is not that strong anyway, and you wind up with a recession.
If and when the government attaches so many strings to federal aid that the requirements undermine the mission of an institution, I hope there will be someone waiting in the wings with a private endowment and a large pair of sharp scissors, ready to cut us free.
It is instructive to note, however, that in the debates of 1964, proponents and opponents of the proposed Civil Rights Act both listed all of the forms of federal financial assistance that would be cut off if the act passed, and neither side mentioned tax exemption.
«If the federal government really wanted to help workers — which is what they said all along; that they wanted to help workers, they wanted to help the middle class — if that's what they wanted to do, then the law they passed would have mandated that the corporations tax cut windfall go to pay workers higher wages or go to create jobs,» the governor saiIf the federal government really wanted to help workers — which is what they said all along; that they wanted to help workers, they wanted to help the middle class — if that's what they wanted to do, then the law they passed would have mandated that the corporations tax cut windfall go to pay workers higher wages or go to create jobs,» the governor saiif that's what they wanted to do, then the law they passed would have mandated that the corporations tax cut windfall go to pay workers higher wages or go to create jobs,» the governor said.
The group's Jeremy Saunders said the money is not just needed for New York's current needs, but also may be necessary if proposed federal budget cuts by President Donald Trump and the Republican - led Congress become law.
«If there's one thing we've seen out of the federal government recently, it's that executive orders and executive actions just don't cut it,» said Proulx.
Democrats say they would push to have New York make up the difference if federal funds are cut.
@TOOGAM I'd be surprised if the federal government could effectively cut somebody's private property off the rest of the country with a wall.
«If you want further proof of the harm caused by Kirsten Gillibrand's self - serving priorities, consider the recently passed federal tax cuts,» Farley says in the video.
Cuomo won a provision in the budget to make unspecified changes later in the year if needed to react to potential deep federal funding cuts, though the legislature will have 90 days to come up with their own plan first.
Heastie said the only reason his house would return is if federal budget cuts later in the year lead to a state budget deficit that would need to be addressed.
But, if they are to get more, who gets less in these difficult fiscal times, which is exacerbated by the federal cuts?
«What we came up with us, OK, we can't anticipate what the federal government is going to do is have a mechanism that kicks in if there's a cut,» he said.
So, to recap: The congresswoman is seeking more spending by the federal government here in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require additional cuts at a time when Washington is already polarized over reductions mandated by the debt ceiling deal passed early this month.
The Democratic governor repeated that recent actions by the Republican - controlled federal government have unsettled him, and that a fear of future cuts to federal aid — the federal budget, if it is adopted on time, takes effect on Oct. 1 — would have an «immediate» effect on New York, which relies on federal funds for roughly a third of its $ 150 - plus billion budget and could get «walloped.»
Turner said that if it were up to him, he would cut federal spending by 35 percent — including gutting the U.S. Department of Agriculture and the U.S. Environmental Protection Agency and slashing the budget of the U.S. Department of Education — which he said would take about seven to 10 years to accomplish.
A source close to the negotiations said that all three sides were close to agreement on a mechanism that would allow the state to respond to a drop in federal Medicaid funding by initially trying to find a legislative solution or, if one could not be reached, empowering the executive branch to make an across - the - board cut to service providers to make up the shortfall.
He pledged the city will ensure women get the healthcare and family planning assistance if there are cuts to federal funding for Planned Parenthood, and will provide any undocumented New Yorkers with lawyers to protect them and their families if the federal government attempts to round them up and remove them.
If enacted, the state would deposit the tax revenue in a proposed health care shortfall fund that would offset losses to New York from cuts in federal health care funding to the state.
If the Trump administration cuts off or limits federal funding for Medicaid, the state «won't be able to make up the gap,» Cuomo added.
But Republicans have insisted the bill, which adds nearly $ 1.5 trillion to the federal deficit, gives many if not most middle - class Americans a tax cut at the same level as the 21 percent corporate benefit, boosting investment, job creation, higher wages and offsetting tax revenues.
Gov. Andrew Cuomo said a special session of the state Legislature may be needed if more than $ 2 billion in federal health care cuts to New York are allowed to take effect on Oct. 1.
The authority still has another $ 8 billion to cut, and possibly even more if the federal government cuts transportation funding.
Weprin has attacked Turner, saying his plan to cut the federal budget by 35 percent is not feasible if Turner also wants to preserve Medicare and Social Security.
There is much concern in Washington about the impending «fiscal cliff» of severe cuts to federal programs that will automatically result if Congress and the Obama administration can not agree on a deficit reduction plan by the end of this year.
Meanwhile, bracing for potential federal cuts, the new deal specifies that if Congress cuts funding to New York by at least $ 850 million, the governor's budget director will develop a plan to make spending cuts that will automatically go into effect unless the Legislature imposes its own reductions within 90 days.
ALBANY - Gov. Cuomo said a special session of the state Legislature may be needed if more than $ 2 billion in federal health care cuts to New York are allowed to take effect on Oct. 1.
Despite the federal cuts to the D.S.H. payments on Oct. 1, Senator Chuck Schumer has expressed optimism that such reductions could be reversed before the end of the year; if not, Mr. Cuomo says, the state's public hospitals will lose $ 1.1 billion.
«This budget also has the first ever Federal Funding Response Plan,» Cuomo said at a press conference at the state Capitol, explaining that if there are major federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.Federal Funding Response Plan,» Cuomo said at a press conference at the state Capitol, explaining that if there are major federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.federal funding cuts, his Division of Budget «will come up with a plan that corrects the state budget for that shortfall.»
The regional airports in Ithaca and Binghamton would both lose their air traffic controllers if federal budget cuts known as sequestration take full effect.
Trump vowed last month to cut off federal funding to «sanctuary» cities like New York if local enforcement allow undocumented immigrants access to social services without having to reveal their status, or otherwise refuse to cooperate with federal immigration authorities.
State officials will also have to respond if Trump and Congress move to repeal the Affordable Care Act or cut federal funding for Medicaid or other big - ticket programs.
«When you add up the impact, if they would repeal or significantly amend the Affordable Care Act, Obamacare, and the federal budget cuts that are being proposed, that would directly impact New York state and local governments,» DiNapoli says.