Sentences with phrase «major economic development spending»

Sen. John DeFrancisco, a main sponsor of the procurement bill that would re-authorize Comptroller Tom DiNapoli to have oversight of major economic development spending efforts, seemed less - than - bullish on the bill's chances.
Government reform groups hope the bill would provide more transparency of opaque entities that have been used as pass - throughs for major economic development 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.
Flanagan indicated he wanted a broad - based review of economic development spending, including some areas that are potentially sensitive to Cuomo, such as the money his administration spends on advertising job - creating efforts and a review of the «lack of accountability for major deals and projects that fail miserably when it comes to creating jobs.»
Procurement reform in particular would have re-authorized Comptroller Tom DiNapoli to oversee spending for major economic development projects that use non-profit entities affiliated with SUNY as a pass through.
Lawyers representing six of the defendants have spent the past several weeks in a new letter - writing campaign to a federal judge seeking dismissal of the bid - rigging corruption charges leveled against individuals involved in several major upstate economic development programs, including the mega-construction project at Tesla's Riverbend site in South Buffalo.
While we are a strong advocate for spending constraint, we note with concern that while most major spending categories are subject to limited spending reductions, the Executive Budget proposes a significant contraction in the state's economic development resources.
The proposal largely mirrors what Gov. Andrew Cuomo had initially proposed and continues to back in the closing days of the legislative session, as state lawmakers have pushed legislation that would re-empower the state comptroller's office to review spending related to major economic development projects.
Lawmakers have already introduced three major budget bills: transportation and economic development, a merger bill and a measure that would allocate cash for general government and public protection spending.
Cuomo spent a week in January rolling out his ambitious budget agenda, which contained plans for a new criminal justice system for teens who commit serious crimes, and a major upstate economic development program.
But it did provide data showing the state receives less in taxes from Western New York than it spends in the region in major spending categories like education, economic development, roads and human services.
Decrying a state that has lost its ambition for transformative projects like the Erie Canal, the governor has spent the past week traveling the state and announcing major infrastructure, transportation, and economic development plans.
Infrastructure Notably slipped into the extender budget is an allowance for billions of dollars a year in spending for all of Cuomo's signature economic development and infrastructure projects, include major New York City projects — including an MTA subway expansion and transformations of Penn Station and Laguardia Airport — and the next phase of the Buffalo Billion.
The study aims, in part, to address the fact that the U.S. spends about 40 percent more on health care per capita than the next highest - spending country in the Organisation for Economic Co-operation and Development (OECD), a group of 35 major nations — a figure that leads many to wonder whether there are significant inefficiencies in U.S. health care spending.
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