Revenue from taxes is shrinking, coming in
lower than budget officials expected.
Thereafter, he is forecasting deficits $ 4 to $ 5 billion
lower than the Budget forecast for each year to 2020 - 21.
This is 12.4 percent
lower than the budget estimate, but higher than the first two quarters of 2011 by 33.4 percent.
On balance, the final deficit outcome for 2012 - 13, which will not be known until the audited results are released in the fall of 2013, could be slightly
lower than the Budget 2013 estimate of $ 25.9 billion.
Not exact matches
In order to meet payroll for her 52 employees and eke out a profit that she admits is on the
low end for the industry, Antonetti says she
budgets no more
than $ 60,000 a year for advertising.
A small business will have a much
lower budget than a big one, and businesses in different niches will need SEO for different things (e.g., needing local SEO visibility vs. promoting specific ecommerce product pages).
Seasoned deal - maker Walsh was much quicker
than rival full - service airlines Air France - KLM and Lufthansa to embrace
budget flying, buying short - haul carrier Vueling in 2015 and setting up IAG's own long - haul
low - cost carrier Level last year.
Mint iPhone app Banks it works with: More
than 7,000 U.S.financial institutions What you'll like: Check your account balances and transactions; track investment accounts; set up
budgets and track spending; sends alerts if you're
low on cash or credit, or if it detects unusual spending What you won't like: Can't pay bills or transfer money
If oil prices do not escalate, the government's
budget outlook will deteriorate in the billions of dollars, through a combination of slow economic growth and
lower than anticipated inflation.
Brito brought to Anheuser - Busch the concept of «zero - based
budgeting,» wherein every expense must be newly justified every year, not just new ones, and the goal is to bring it
lower than the year prior.
The Algarve, Portugal, is the top retirement option in Western Europe for the retiree on a
budget — the cost of living in Portugal is on average 30 percent
lower than in any other country on the Continent.
Alpenglow pays sherpas eight to 10 times more
than some of the
lower -
budget tours now proliferating, he says.
After debuting successfully in three theaters last weekend, «Spring Breakers» opens in more
than 1,110 theaters bringing in $ 5 million The indie film with James Franco and Selena Gomez had a
low budget estimated at $ 2 million.
But four years after ending a bailout program, the Portuguese government is now forecasting a
budget surplus — when state expenditure is
lower than revenues.
If that $ 3.2 billion was significantly
lower than what DoD normally gets for submarines, it would take seven years for the full effect of those
budget reductions to show in the real economy.
You may find a great deal with competent but
budget - friendly professionals that only have
lower prices in hopes of building a stronger portfolio, but adversely, you may find that
low - cost options are a nightmare to work with — sometimes correcting their work takes more time
than doing it yourself.
If you're on a tight
budget and need someone who can hit the ground running, it may be more cost - effective to get along with an unfilled position
than to hire someone who not only won't be productive from Day One, but will also take up another employee's time to train,
lowering overall productivity.
While he suggests avoiding entities with big
budget shortfalls like Illinois, there are a number of other opportunities out there for investors trying to get better yields
than the still -
low returns that Treasurys provide.
«They could choose to spend a part of that, and still have a
lower deficit
than we have in the
budget, financed in part through higher revenues,» Perrault said.
While high - quality work is always expected of subcontractors, high - end projects with large
budgets demand more skill and detail
than low -
budget projects.
In particular, PIT and Sales Tax bases were both
lower than projected in the 2013
Budget.
These no -
budget,
low - quality postings — shot with his cell phone camera — have attracted more
than 30 million followers on all his platforms — more
than either Donald Trump or Hillary Clinton.
Revenues are
lower than projected in the 2013
Budget due to slower economic growth, a
lower tax base and
lower Government of Canada transfers.
In the more realistic case that growth is 1pc
lower than forecast, but is coupled with an ambitious
budget surplus of around 2.5 pc of GDP, Greece would still require a total write - off of its entire first bail - out package worth $ 53.1 bn.
Despite the fact that economic growth for this year is now forecast to be substantially
lower than that expected at the time of the April
Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
Falling tax revenues pushed government
budgets even further into deficit, and rising interest rates increased rather
than lowered prices.
These two factors, coupled with the improvement in the deficit to date, should ensure that the deficit for 2012 - 13 will be
lower than forecast in the March 2012
Budget.
It would set FY 2019 defense
budget authority at $ 716 billion, the total amount requested by President Trump (including OCO) and slightly
lower than CBO's baseline amount, but increase defense spending on net over the
budget window.
The
budget would lower nondefense discretionary funding in FY 2019 to under $ 355 billion, or about $ 242 billion less than the $ 597 billion cap established in the Bipartisan Budget Act of
budget would
lower nondefense discretionary funding in FY 2019 to under $ 355 billion, or about $ 242 billion less
than the $ 597 billion cap established in the Bipartisan
Budget Act of
Budget Act of 2018.
For example, if, as expected, the final audited deficit outcome for 2011 - 12 is
lower than that estimated in the March 2012
Budget, some, if not all, of this improvement could carry forward into 2012 - 13, thereby resulting in a
lower outcome that currently estimated.
With interest rates
lower than projected in the March 2012
Budget, public debt charges are correspondingly
lower.
The final outcome was $ 1.5 billion
lower than forecast in the March 2012
Budget, with most of the decline again attributable to
lower -
than - projected direct program expenses.
Results to date indicate that employment insurance benefits and «Other transfer payments» could come in significantly
lower than estimated in the June 2011
Budget.
The likelihood of a surplus for 2014 - 15 is further enhanced by our expectation that the final results for 2013 - 14, which will be released in late September / early October, will show a deficit of around $ 10 billion substantially
lower than the $ 16.6 billion forecast in the February 2014
Budget.
However, as noted below, we feel the deficit for 2011 - 12 could come in
lower than expected, despite the slowdown in the economy as program expenses were overstated in the June 2011
Budget.
The IMF added that if growth was
lower than expected or if the Greek government failed to meet targets for running a surplus on its
budget excluding interest payments, there would be «significant increases in debt and gross financing needs».
For example, if the final audited deficit outcome for 2010 - 11 is
lower than that estimated in the June 2011
Budget, some, if not all, of this improvement could carry forward into 2011 - 12, which would then explain part of the improvement ion 2011 - 12.
For example, if the final audited deficit outcome for 2010 - 11 is
lower than that estimated in the June 2011
Budget, some, if not all, of this improvement could carry forward into 2011 - 12.
There is a very high likelihood that the deficit will be eliminated in 2014 - 15 a year earlier
than your political commitment of 2015 - 16, You already have the final financial results for 2013 - 14, which, in our opinion, will show a deficit significantly
lower than what was estimated in the 2014
Budget.
However, the slower -
than - expected economic growth in 2013 and the accompanying
lower level of nominal income in 2013 - 14 results in a «status quo» (before
budget actions) deficit of $ 18.7 billion Subsequently, the status quo budgetary balance is actually
lower that forecast in the November 2012 November Update.
The $ 330 - billion spending plan says while several economic indicators such as employment numbers and tax revenues are up, and this year's deficit will likely be
lower than expected — there are risks ahead: oil prices are expected to remain
low; Canadian exports may remain flat; and «possible U.S. policy actions affecting trade could restrain exports to the U.S. even further,» the
budget says.
As noted above, the higher -
than - expected deficit outcome for 2011 - 12, compared to the March 2012
Budget forecast, was entirely due to
lower -
than - expected revenues.
The fiscal cost of «Reducing the Tax Burden» was somewhat
lower than estimated in the January 2009
Budget estimate, yet an additional 2,000 were created by the measure in the latest Report.
Program expenses were $ 1.5 billion
lower than forecast in the March 2012
Budget, with virtually all of the difference due to
lower direct program expenses.
Budget 2012 estimated that other transfer payments would be $ 2.8 billion
lower than in 2010 - 11.
Although the forecast for budgetary revenues appears to be on track, with higher -
than - expected personal income tax revenues more
than offsetting
lower -
than - expected Goods and Service Tax revenues, the
Budget 2012 estimate for other transfer payments appears to be significantly overstated.
But other living expenses are higher and take a bigger bite out of paychecks, leaving residents with less wiggle room in their
budgets than in states with a
lower cost of living.
Budgetary revenues were $ 1.9 billion higher, but the biggest difference was in program expenses, which were $ 5.2 billion
lower than forecast in the March 2013
Budget.
Given that direct program expenses came in much
lower than expected, why did the Government announce in the Speech that it intended to freeze departmental operating
budgets?
The current PBO has now requested more information from the Department of Finance as to why direct program expenses in 2012 - 13 were nearly $ 5 billion
lower than forecast in the March 2013
Budget.