Sentences with phrase «increased agency spending»

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

While the budget proposes large spending cuts to many government agencies — the Environmental Protection Agency and State Department budgets would be cut 31 % and 28 %, respectively — defense and military spending would increase substantially.

The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»

The Budget justifies the increase in the lapse due to the experience in 2011 - 12, where departments / agencies spent approximately $ 10 billion less than they were authorized by Parliament.

Other direct program spending, consisting of operating expenses for Crown corporation, defence and all other departments and agencies, increased $ 2.3 billion (4.2 %), primarily reflecting increases in federal government employee pension and other future benefit liabilities, reflecting the impact of lower interest rates.

This is an extremely large increase, given that the Economic Action Plan stimulus spending was not expected to have a major impact in 2011 - 12 (remember it was originally supposed to be a two - year program only - 2009 - 10 and 2010 - 11) and that departmental / agency budgets were to be frozen in 2011 - 12 at their 2010 - 11 levels.

If approved by the City of Crystal Lake, Lakewood and the Crystal Lake Park District, the measure could be a bellwether for an increase in spending on ecological studies needed to keep the lake healthy, according to members of Watershed Management and Lake Ecology Agency.

Two top aides to Scott Pruitt, the chief of the EPA who is facing an array of questions related to his spending and management of the agency, have resigned under increased scrutiny over their roles at the agency.

The Governor also proposes to shift $ 116 million in agency costs to capital funds, while moving $ 390 million in other expenses from capital to SOF, for a net impact of increasing SOF spending by $ 274 million.6 (See Table 2.)

«While total state spending has been held to 2 percent annual growth and most state agency budgets have remained flat, school aid has increased by 27 percent over the last five years, proving that it's already a funding priority,» Peters said.

While total state spending has been held to two percent annual growth and most state agency budgets have been held essentially flat, School Aid is increasing by 6.5 percent for the 2016 - 17 School Year and will have increased by nearly 27 percent since 2011 - 12.

The city's reliance on commercial hotels is «truly out of control,» Stringer said, noting that almost half of the increased spending on homelessness across all city agencies has come from an boost in spending on these types of shelters.

While the city's bond rating was downgraded to A +, the third - highest grade issued by S&P Global Ratings, last year, the agency improved the city's outlook to «stable» due to the city increasing non-property tax revenues, decreasing discretionary spending and securing $ 12.5 million from the state that wasn't an advance on payments the state owes the city for the Empire State Plaza.

All told, the MTA board backed a $ 2.9 billion increase for capital spending, though there were warnings of the agency's rising debt level.

Trump's first budget for the federal government is a blueprint that would make deep cuts in the Environmental Protection Agency and other domestic programs while significantly increasing spending on the military.

President Trump will instruct federal agencies today to assemble a budget for the coming fiscal year that includes sharp increases in Defense Department spending and drastic enough cuts to domestic agencies that he can keep his promise to leave Social Security and Medicare alone.

Governor Andrew Cuomo plans to piggyback on last year's success in closing a $ 10 billion budget deficit while holding the line on taxes by reducing estimated spending increases to state agencies and local municipalities, state officials said on Thursday.

Mr. Perales said this will be accomplished by eliminating «automatic inflators,» spending increases the state has granted to state agencies and local municipalities over the past few years.

While state agencies have been receiving a 13 percent increase in spending, Mr. Perales said their budget will remain flat this year in order to create a savings of $ 1.3 billion.

ESD CEO Howard Zemsky said recently the agency must alter its ad spending because of a looming state budget deficit and Cuomo's requirement that state expenditures increase by 2 percent or less each year.

While Mr. de Blasio has often touted his savings and the fiscal responsibility of his budgets, they have vastly increased city spending — and earlier this year Council members pushed him to require more savings from city agencies to protect against an economic downturn.

Since much of the allowed increase is eaten up by spending for education and Medicaid, agencies have been squeezed, losing workers to attrition and consolidating operations and processes to save money.

Paul Brennan, Director of Purchasing for Rockland County, advised that «the use of the SmartProcure Database allows county procurement staff to research price history on almost any product or service, discover new vendors and increase competition for our solicitations, analyze our own spending, and increase the opportunity for cooperative contracts among government agencies.»

Green Party candidate Howie Hawkins criticized Gov. Andrew Cuomo for a letter sent out by his budget chief this week that calls on agency heads to submit spending plans that show no increase in year - over-year spending.

But Cuomo, a Democrat, said during a Tuesday radio interview that his budgeters are now projecting the «essence» of a surplus, echoing earlier comments by aides that tax cuts could be accommodated if state agencies hold spending to a two percent increase.

«As the administration fleshes out their strategy, my office will continue to push agencies to increase their MWBE spending.»

Mayor Bill de Blasio unveiled the first executive budget of his tenure on Thursday, a $ 73.9 billion spending plan that manages to fund his political priorities without widespread agency cuts or tax increases, thanks to higher - than - expected revenues and spending from two reserve funds.

Metropolitan Transportation Authority board members warned of the danger posed by the agency's rising debt Wednesday, even as they approved a $ 2.9 billion capital spending increase funded with $ 1.6 billion of new bonds.

Cuomo, facing his third lean fiscal year as governor, closes a $ 1.3 billion budget gap by holding spending flat for state agencies, which he estimates will save $ 434 million, and putting off a cost of living increase for health care providers, worth $ 412 million.

Concerned about the city's increased spending and possible future budget deficits, a majority of City Council members have appealed to Mayor Bill de Blasio to have his agencies evaluate their priorities and find ways to reduce spending before he releases his next preliminary budget.

The property tax cap, which caps increases in the tax levy at 2 percent or the rate of inflation, is a bedrock of the governor's legacy, who has also touted his efforts to freeze spending at state agencies.

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.

Raising the spending caps does not automatically mean science agencies will now get a spending increase: Congress still needs to agree on a catch - all omnibus appropriations bill that reflects this new higher spending level, and lays out funding for individual agencies and programs.

Some agencies like the National Institutes of Health won increases in research funding, while other agency research spending accounts remained flat or decreased.

President Donald Trump today signed into law a $ 1.3 trillion spending package that largely rejects deep cuts to research agencies proposed by the White House and, in many cases, provides substantial increases.

The good news for the research community is that the 211 - to - 198 vote by the House largely rejects deep cuts to science programs proposed by President Donald Trump earlier this year — and even calls for spending increases at a few agencies, including $ 1.1 billion more for the National Institutes of Health (NIH).

Removing the across - the - board spending caps known as «sequestration» to achieve modest increases for federal science agencies is a «strategic imperative,» George Washington University President Steven Knapp and AAAS CEO Rush D. Holt wrote this week in Roll Call.

Under the President's proposal, Hourihan said, key science agencies would see large increases to their 2017 R&D budgets, but only if mandatory spending laws are approved.

At some agencies, the requested mandatory spending increase overrides a cut in discretionary spending.

Trump's draconian budget request — which suggested drastic cuts to the US Environmental Protection Agency (EPA) and the US Centers for Disease Control and Prevention (CDC), among others — was rejected by Congress, and a spending bill that increases funding for science at many federal agencies was signed into law.

At NSF, its 6.7 % increase, or $ 500 million, comes largely from mandatory spending — some $ 400 million that agency officials say will target young investigators launching their careers.

The 4 % increase for the National Science Foundation (NSF) in Alexandria, Virginia, in the 2018 omnibus spending bill hammered out by congressional leaders this week may be modest next to what its peer science agencies received.

House and Senate appropriators rejected the president's proposed discretionary spending cuts with the House Appropriations Committee approving a $ 1.3 billion increase for NIH, and the Senate panel approving a $ 2 billion increase for the health agency.

Climate change research also got a warm reception — a 6 % spending increase spread out over 13 agencies — and NASA was excited to find a plan to kidnap a small asteroid in its budget proposal.

Another is increasing the agency's budget, which has dwindled in the recent years and is spent mostly to staff salaries, leaving not enough to run experiments.

The coalition agreement promises an increase of 3 % per year for research agencies such as the Helmholtz Association of German Research Centres and the Max Planck Society as well as increasing research spending from 2.9 % of gross domestic product to 3.5 %.

Advocates for biomedical research note that the small increase won't allow agency spending to keep pace with inflation.

It calls for boosting discretionary defense spending in 2018 by $ 54 billion, and paying for that increase by cutting discretionary spending at civilian agencies such as EPA.

Although the agency's water resources programs would see the smallest funding increases under the proposed budget — just 5 % to $ 222 million — they would remain the agency's single largest spending area.

Legislators routinely urge agency officials to avoid «peanut buttering» their budgets — spreading cuts or increases relatively evenly across many programs instead of making the harder choice of boosting spending for the most deserving programs and shrinking or shuttering ineffective programs.