Sentences with phrase «make budget reductions»

He was forced to make budget reductions and, as a result, had to lay off more than fifty employees.

Not exact matches

* Speaking of autopay, it's a good idea to get it set up as soon as makes sense for your budget, as you'll receive a 0.25 percent interest rate reduction for any Direct Loans you're repaying.

This been accomplished in several ways: 85 % have scaled back on their exploration and development plans; 68 % have reduced their marketing and investor relations budget; 60 % have already begun laying off existing employees; 40 % have implemented organization - wide hiring restrictions; 34 % noted a reduction or elimination of incentive pay; and 32 % have made salary cuts.

The budget calls for tax reform that largely mirrors the House GOP's «Better Way» plan, though it does not mention much of the aspects that would pay for the changes in «Better Way» or other ways to make up for the revenue loss from the rate reductions it calls for.

Then finally — as I say, I'm probably leaving something out — there was the decision, which wound up a presidential decision because the people under him were disagreeing, to use the CBO macroeconomic forecast, even after we had done all this work to do our own economic forecast, for one reason: it was more pessimistic than ours, and would therefore make the budget deficit reduction job harder rather than easier.

The final agreement not only burnishes Cuomo's liberal credentials by extending (though not expanding) the millionaire's tax, raising the age of criminal responsibility of New York and addressing the high cost of college tuition for members of the middle class, it also dramatically increases his (already considerable) budget powers, enabling him to single - handedly make spending cuts in the event of widely expected future federal funding reductions.

The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

Further, Miner has made it clear that even with this temporary reduction in pension payments, the city still can not balance its budget and faces cuts that would compromise the gains made in the last decade.

Gov. David Paterson last Thursday proposed $ 5 billion in cuts over the next two years to fill a growing state budget deficit, and the plan makes deep reductions in funding to education, health care and state agencies.

Cuomo in the past has called for reductions to state health care coverage for retirees but those plans haven't made it into the annual budget proposals.

Gov. David Paterson has apparently included $ 775 million in cuts to state funding for health care services in his latest budget extender bill, making good on his pledge to try to force the Legislature's hand on some of his proposed spending reductions.

State Budget Director Bob Megna issued a statement yesterday rejecting the mayor's claim that the city stands to lose $ 2 billion if Cuomo's spending plan is enacted as - is by the Legislature and also insisting the mayor has more than enough stashed away to make up the difference of whatever the final aid reduction might be.

It should be noted that the austerity measures she justifies are not intended to contain budget deficit (as in Greece) but to reduce the growth of the prices via reduction of the demand, that is, by making the population poor intentionally.

When I reviewed the County Executive's proposed budget there were reductions made that I did not agree with.

Councilor Michael Kelly (Ward 2) said at the last Finance and Budget committee meeting that the Common Council will need to make at least $ 600,000 in permanent cuts and another $ 100,000 in temporary reductions this year to stave off a large tax increase in 2019.

The $ 3.5 billion budget gap identified in December is closed through $ 2 billion in spending reductions and $ 1.5 billion in revenues from the tax reforms enacted last year that maintained the millionaire tax, albeit only on multi-millionaires rather than anyone making over $ 250,000.

Here's the full text of Cuomo's e-mail, which was forwarded by a reader (interestingly, it speaks in very general terms about the budget and «realigning» spending, but makes no mention of the deep education and health care cuts, which opponents say will lead to service reductions):

We are agreed that a central part of any agreement that we make will be economic stability and the reduction of the budget deficit.»

To make up for the loss of potential tax revenues, Malloy's new plan also includes $ 150 million in reductions over the two - year budget cycle, bringing the total spending cuts to more than $ 144 million.

«We have spent many months working with the BBC World Service to make sure that the budget reductions are manageable and the BBC has been clear that the transfer of funds from to the Licence Fee in 2014/15 will not make the World Service's funding less secure.

White Plains, NY — The Republican members of the Westchester County Board of Legislators issued a report on 2011 County Budget announcing support for the 2 % property tax reduction, while citing reservations about the flawed and rushed budget process, and that they are prepared to support vetoes to the budget by the County Executive that will make it more fiscally responBudget announcing support for the 2 % property tax reduction, while citing reservations about the flawed and rushed budget process, and that they are prepared to support vetoes to the budget by the County Executive that will make it more fiscally responbudget process, and that they are prepared to support vetoes to the budget by the County Executive that will make it more fiscally responbudget by the County Executive that will make it more fiscally responsible.

A spokesman for the governor counters that Cuomo has a number of items in his budget aimed at helping businesses, including a cut in corporate taxes and elimination of upstate manufacturing taxes, as well as recent reductions in the personal income tax for businesses making under $ 1 million a year.

Another factor that makes the reductions in the 2017 budget so impressive includes the skyrocketing costs associated with the healthcare coverage of the Ulster County Government's employees.

George Osborne's declaration that he would make a further # 25bn of spending reductions in the next parliament, half of the cuts to come from non-pensioner elements of the welfare budget, was gratefully seized on by Mr Clegg as another opportunity to put distance between his party and the Tories.

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.

We are agreed that a central part of any agreement that we make will be economic stability and the reduction of the budget deficit, but each negotiating team is now going to report to our party leaders.»

«New York City Animal Care and Control has experienced budget cuts, she said, that have had an effect on staff and services and forced it to «make reductions in day to day care.»

The proposed FY 2018 budget would make reductions across VA's four intramural research accounts: (1) Biomedical Laboratory Science; (2) Rehabilitation; (3) Health Services; and (4) Clinical Science.

To make up for a federal deficit of more than $ 400 billion, the White House has ordered most civilian research agencies to prepare for major budget reductions in the 2006 budget, including cuts for the National Institutes of Health and the National Science Foundation.

While NASA's $ 200 million funding reduction pales in comparison to cuts that would face some federal agencies under the proposed budget (which has to be reviewed and approved by Congress before becoming official), it would make significant changes to how those dollars are spent.

If the $ 1.2 million surplus from prior growth is indeed being spent across the district, it will need to make general budget reductions or «cuts due to declining enrollment.»

Washington — In a session that stretched into the wee hours of Nov. 22, the Congress approved a budget - reconciliation package that would restore most of the automatic cuts made last month under the Gramm - Rudman - Hollings deficit - reduction law.

During the past year or so, the deteriorating condition of state budgets and the Bush administration's new emphasis on accountability have made class - size reduction less of a priority.

Because deeper and deeper annual budget cuts made it impossible for the district to pick up the costs of the program, the David Lynch Foundation, active proponents of TM and other scientifically - proven stress - reduction techniques, picked up the tab.

In his budget proposal for 2017 — 19 biennium, Superintendent of Public Instruction Chris Reykdal underscored the importance of investing in teachers, noting, «Student success from the state's increased investment in full - day kindergarten, K — 3 class size reduction, and other... basic education components depends on making significant changes in Washington's ability to attract and retain qualified teachers.»

Early approval will make it harder to include meaningful class size reduction, as well as other changes identified through community input, in the final budget.

McCrory signed the 260 - page budget deal on Thursday at the executive mansion, proudly noting that the spending plan includes raises for teachers and state employees, while not increasing taxes or making reductions in Medicaid eligibility.

The House budget proposal will reflect a «good balance of continuing tax reform and tax reduction with making sure that we're meeting the needs of our citizens,» said Rep. Nelson Dollar, a Cary Republican and the House's senior budget writer.

On the other hand this reduction in budget is made up with the need to hire an illustrator.

If paying a little more stretches out your budget, it is advisable to not make any changes on the EMI of your loan since the tenure of your loan will automatically reduce with the reduction in interest rate.

And I don't want to turn off the goals feature because it's really helpful staying on track of our debt reduction, and it makes complete sense for our goals to be a part of our budget.

If you have simply absorbed the regular monthly payment into your normal household budget with no savings or debt reduction to show for it, either you couldn't afford your mortgage payment to begin with, or you are going to have to make deep cuts to your standard of living to make both the mortgage payment and plan payment.

When the unified budget is not in surplus, these payments are made through some combination of increased taxation, reductions in other government spending, or additional borrowing from the public.

Before you stretch your budget for rapid student loan reduction, it might make more sense to shore up your finances with an emergency fund.

Getting out of debt with the Debt Reduction Spreadsheet is part of a financial planning series called How to Make a Budget — Easy Steps for Beginners.

-LSB-...] finally, Squawkfox posted another article in her «How to Make a Budget» series called: dig yourself out with the debt reduction spreadsheet.

There are a few steps you should take to make debt reduction a priority in your budget.

President Obama's bipartisan deficit - reduction commission is making recommendations for reducing the deficit, and here at The Humane Society of the United States and the Humane Society Legislative Fund we are proposing a few cost - cutting measures for lawmakers to consider in getting the country's budget back on track.

Above: the projected emissions gap in 2030 in the UNEP report shows that countries are not planning to make the necessary GHG emissions reductions to avoid overshooting our carbon «budget», meaning that large - scale CDR would be necessary to fill the gap and prevent climate change.

We conclude that this scenario offers three attractive characteristics: environmental security, because the global carbon budget is set at a level which keeps global warming below 2 degrees; economic efficiency, because carbon trading allows the reductions to be made for least overall cost; and global social justice, because emission rights are allocated equally to all people.