Speaking at a forum organised by the Nigerian Bar Association on Monday, the former Lagos State governor, said the legislature lacked the power to unilaterally
increase national budget.
Not exact matches
Because Congress has refused to either raise taxes or cut other spending to pay for the war, the necessary borrowing has substantially raised the
budget deficit and
increased the
national debt.
Her agenda also includes proposals to connect every US household to high - speed internet by 2020, train 50,000 new computer science teachers,
increase the research and development
budgets of the
National Science Foundation, and bolster cybersecurity, Reuters reported Tuesday.
Under Obama's proposal,
national security programs would see an
increase of $ 38 billion over current spending limits, raising the defense
budget to $ 561 billion.
According to Congressional
Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern b
Budget Office estimates, enacting the bill would shrink the federal
budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern b
budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years,
increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.
The amount of debt that is projected under the extended baseline would reduce
national saving and income in the long term;
increase the government's interest costs, putting more pressure on the rest of the
budget; limit lawmakers» ability to respond to unforeseen events; and
increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.
NDP promises include a two point cut in the small business tax rate (already implemented in the
budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund;
increased funding for social housing; a major child care initiative;
increasing ODA funding to 0.7 per cent of Gross
National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.
At last November's
Budget, the chancellor announced that the
National Living Wage would
increase 4.4 % for those aged 25 or over.
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.
The country's fiscal spending, according to the Congressional
Budget Office, may
increase the
national debt as a percent of GDP to a higher level than Italy in five years.
In my recent
National Post column, I make reference to some back - of - envelope calculations to the effect that replacing the fiscal anchor of balanced
budgets to one of a fixed debt - GDP ratio allows the federal government to
increase spending by 1.2 percentage points of GDP, or by about $ 25 billion.
Since it is unlikely they will have any important effect on growth, they will bloat the
budget deficit at a time when we should be preparing for the next downturn, for rising entitlement costs, and potentially for the need for
increased national security spending.
Yes we only want the type of Christians that send our young people into war,
increase our military
budget,
increase our
national debt & take money from poor.
Defence secretary Liam Fox «can not support» plans to
increase the aid
budget to 0.7 % of gross
national income, he has said.
Also included in the
budget is a plan to buy the city's streetlights from
National Grid and funds to
increase security and maintenance in the downtown area.
The second
Budget also increased funding for the National Health Service, more apprenticeships, efforts to increase productivity and cuts to the welfare b
Budget also
increased funding for the
National Health Service, more apprenticeships, efforts to
increase productivity and cuts to the welfare
budgetbudget.
And while the US
increased its aid
budget by 14 per cent, it remains one of the lowest donors, contributing just 0.19 per cent of its gross
national income, compared to 0.33 per cent in the UK and 0.38 per cent in France.
And today's
Budget, in which the Chancellor said he was going to «level with» Britain, acknowledges as much by adopting a version of Labour's plan on
National Insurance and by
increasing the spending on infrastructure too.
After Hammond's
Budget this spring descended into farce over a U-turn on
increasing National Insurance payments, a Treasury official told the Telegraph:
Andy Bagnall, director at KPMG, comments on the
increase in
national minimum wage and
national living wage at the
Budget by the Chancellor.
The ministers of
Budget and
National Planning, Mr Udoma Udoma, disclosed this to State House Correspondents at the end of the two - day
National Economic Council Retreat in Abuja, adding that the Federal Government was looking at immediate possible ways to
increase government's revenues.
The ratings from the
National Federation of Independent Business especially hit the Republican - led Senate, where the GOP conference out of solidarity approved a
budget bill containing the minimum wage
increase after a contentious internal debate.
Speaking at post
budget analysis programme organized by the Ghana
National Chamber of Commerce, Professor Bokpin warned that the instability of the cedi should tell government that the
increase for import goods must be reduced.
But in a sign of his
increasing concern about the future of the
national and global economy, de Blasio said he considering instituting some kind of forcible savings or PEG program in his executive
budget, which will be released in May.
The
National Chairman of Progressive Peoples Alliance (PPA), Chief Peter Ameh, said
National Assembly did no wrong in
increasing 2018
Budget from N8.61 trillion to N9.12 trillion.
«Thus, in a press statement credited to the
National Assembly last week, it was reported that «The Federal High Court has ruled that the
National Assembly has the power to
increase or review upward the
budget estimates laid before it by the executive».
He contended that nowhere in the judgment did the court say «that the
National Assembly has the power to
increase or insert new items, like constituency projects, into the
budget estimates contained in any Appropriation Bill or Supplementary Bill prepared and submitted to it by the President.»
Even so, the
increase for nondefense discretionary spending — a category that covers just about every research agency including NIH, NASA, and the
National Science Foundation — is the largest since the original caps were first put in place in 2011 through the
Budget Control Act.
A Senate spending panel today approved a tiny
budget increase next year for the
National Science Foundation (NSF) and flat funding for NASA — and congratulated themselves for doing so given a cap on overall domestic discretionary spending across the government.
Kerry backed the five - year doubling of the
National Institutes of Health
budget and recently supported a whopping 9.2 percent boost for the institutes when Bush proposed a 2.6 percent
increase.
Dollars for basic research have
increased 26 percent, and the
budget for the
National Institutes of Health completed a planned doubling — to $ 28 billion yearly — that began in the Clinton administration.
However, most science policy analysts are wringing their hands over the tiny
increase sought for the
National Institutes of Health (NIH), a small rebound for the
National Science Foundation (NSF) after a cut in 2005, and reductions in the science
budgets at NASA, the
National Oceanic and Atmospheric Administration, and the departments of energy and defense.
Observers agreed that Congress was likely to try hard to hold the line against
budget increases and to provide extra funding only for a small number of high
national priorities.
The
National Institutes of Health (NIH) will receive a
budget of $ 30 billion, an
increase of $ 150 million, losing ground after inflation.
► On Tuesday, David Malakoff and Jeffrey Mervis presented a first look at the
budget, noting that NASA and the
National Science Foundation (NSF) would receive small
increases, while the research
budget of the Department of Energy would remain flat.
• On Tuesday, Jeffrey Mervis reported that buried inside the White House's essentially flat
budget proposal for the
National Science Foundation (NSF) is a $ 2000 a year
increase in stipends for the agency's Graduate Research Fellowship Program (GRFP).
The biggest civilian science funders — the
National Institutes of Health, the
National Science Foundation, and the Department of Energy's Office of Science — would all get
budget increases that would not keep pace with inflation.
Increases for science and technology in the 2012 US
budget prioritize innovation over reductions in the
national deficit.
Senator Lamar Alexander (R - TX) opened the hearing by telling the panel to «finish the job» and
increase the
budgets for the
National Science Foundation (NSF), the Department of Energy's Office of Science, and the
National Institute of Standards and Technology.
Along with the news that a Senate spending subcommittee today approved a paltry $ 46 million
budget increase for the
National Science Foundation (NSF) for fiscal year 2017 came what appears to be a bright spot for ocean science.
Similarly, the President's mandatory spending proposal for 2017 would
increase the
National Science Foundation's R&D
budget by 6.7 %, but only by 1.3 % without mandated investments.
Leech, director of the Biomolecular Electronics Research Laboratory, at the
National University of Ireland, Galway, added: «Even if, as claimed, this
budget increases research funding, this does not bring us back to 2008 levels.»
President Barack Obama's
budget proposal calls for
increases in some fields of science, but in the wake of the stimulus bonanza, the
National Institutes of Health (NIH), by far the largest supplier of grants that support postdocs, essentially returns to pre-stimulus funding levels with
increases that cover only inflation.
Senator Arlen Specter of Pennsylvania (D) appeared at the briefing to give I - SPY 2 his blessing and remind people that he's pushing to
increase the annual
budget of the
National Institutes of Health from $ 30 billion to $ 40 billion.
Although Congress and the White House agreed in 2002 to double the
budget of the
National Science Foundation over five years, annual
budget increases so far are too small to meet that goal.
Since 1971, when President Richard Nixon declared a «war on cancer,» the annual
budget for the
National Cancer Institute has
increased from $ 250 million to $ 5 billion.
The $ 7.04 billion President Barack Obama has requested for the
National Science Foundation in 2010 is a 8.5 %
increase to the $ 6.5 billion it received for this year, and concurrent with the Administration's promise of a decade - long
budget doubling.
President Barack Obama's 2010
budget request would give the
National Institutes of Health an
increase of $ 443 million to $ 31.0 billion, a 1.4 % raise over 2009.
The Council of Scientific and Industrial Research, which runs a network of 38
national labs, will get a 4.6 %
increase, in line with orders it received last year to self - finance half its
budget within the next 2 to 3 years.
The
National Institutes of Health, for example, gets $ 30.3 billion for this year — a 3 %
increase from last year, an essentially flat
budget.