Sentences with phrase «meet budget deficit»

Meanwhile, Standard & Poor's, which last week downgraded Spain's sovereign rating by two notches, said the country is «very unlikely» to meet its budget deficit reduction targets.

Despite the stagnant growth of the economy, France will meet budget deficit reduction targets.

Not exact matches

Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.

If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.

As a result, in order to ensure that the deficit / surplus target can be met, most governments include «reserves «in their budget plans.

It appears that either the Department of Finance is unable to forecast direct program expenses, or the Minister of Finance has adopted the previous government's approach of ensuring that his deficit targets are met or bettered by «hiding» extra prudence in his budget forecasts — an approach he criticized the previous government for.

Gramm - Rudman - Hollings law: A law enacted in 1985 requiring that budget deficits be brought down to specified amounts and the budget be balanced by 1991; failure to meet those goals would trigger automatic spending cuts.

It also confirmed it would introduce a 3 per cent tax on company dividends, increase wealth and inheritance taxes and abolish a tax «shield» — or ceiling — for the wealthy in its effort to meet its targets of cutting the budget deficit to 4.5 per cent of gross domestic product this year and 3 per cent in 2013.

«There are worries about the ability of the Japanese policymakers to reduce sufficiently their budget deficit,» IMF economist Olivier Blanchard said at the Tokyo meetings.

11:21 a.m. Paterson pledges not to sign any budget that includes deficit spending, adding: «I don't want any borrowing, tobacco bonds, or any other means of meeting this end.

In particular, that's where you would find rules requiring that the budget meet certain requirements under CBO scoring (e.g. no increase in the deficit past ten years).

News of the latest downgrade came as legislative leaders and Gov. Dannel P. Malloy held another in a series of meetings to negotiate a budget agreement as the state faces a projected deficit of more than $ 2 billion in the fiscal year that starts on July 1.

Connecticut Governor Dannel Malloy and state legislative leaders are expected to meet again on Monday to continue negotiations on closing a projected $ 5 billion deficit in the state's next $ 40 billion two - year budget.

The meeting closed a $ 15 million budget deficit by making more than $ 5 million in recurring cuts.

And next week, when I go to the G7 meetings in Washington, I will represent the country with the single biggest structural budget deficit - indeed the largest deficit in the peacetime history of Britain.

The state is facing a budget deficit of as much as $ 4.4 billion next year amid falling tax collections that did not meet projections, the Division of Budget found in a report released Friday aftebudget deficit of as much as $ 4.4 billion next year amid falling tax collections that did not meet projections, the Division of Budget found in a report released Friday afteBudget found in a report released Friday afternoon.

Most councils are currently forecasting a deficit in 2016/17, forcing them to raid their reserves in order to meet the legal requirement to run a balanced budget at the end of the year.

The city's financial situation is troubling council members following Mayor Lou Rosamilia's and Council President Rodney Wiltshire's meeting Friday with state comptroller's office staff about a potential 1 percent deficit in the 2014 city budget.

With a potential $ 3.5 billion budget deficit looming for New York, Mulgrew emphasized the need to generate new revenue to ensure the state can meet its obligations to public school students.

Connecticut Democratic Governor Dannel Malloy might be meeting with state legislative leaders in the coming days to discuss Connecticut's budget deficit.

President Barack Obama met with Senate leaders yesterday to jumpstart stalled budget talks, but do voters nationwide agree with how the president is handling the federal budget deficit?

House Republican Leader Themis Klarides of Derby said, «The deficit was expected because the state's budget policies over the years have been built on false assumptions, that increasing taxes will be sufficient to meet spending levels.

There is an indication that the Upper Chamber of the National Assembly has in a closed door meeting approved $ 1 billion Eurobond requested by President Muhammadu Buhari to finance the 2016 Budget deficit.

Prior to the meeting The Journal News summarized Day's challenge in his first official budget as being the provision of «enough money for daily operations while also addressing ongoing issues, including repaying money borrowed to attack the deficit.

$ 15 million, 2012, budget and finance committee, CSEA, deficit, gallery, ilan schoenberger, in the hole, increased, july 24, layoffs, legislators, legislature, meeting, mid year report, more, multi year plan, p. t. thomas, politics, president, rockland county chapter of the csea, rockland county legislature, sara gilbert, taxes, thomas

Saudi Arabia has introduced new reforms to cut subsidies and perks to the royal family, as well as introducing VAT, to help cope with a huge budget deficit Meet elite men and women for dating millionaire singles and offers a pretty platform to help you find true love.

And almost immediately, Mr. Jones found himself representing the department in highly publicized Cabinet meetings last week devoted to discussions of the federal budget deficit and the need to trim federal spending.

At its May 8 board meeting, school director Ben Kleban told board members that the budget has a deficit from grants in previous years that are now expiring, and that the board's task will be to close that gap in the coming years without eating too deeply into reserve funds.

Faced with a $ 4 million budget deficit, school officials got a reminder of their financial troubles on Tuesday when a couple hundred teachers rallied outside the district offices before a board meeting demanding more than the 1 percent pay raise the district is offering.

For example, Bob Wise, a former governor of West Virginia who is now president of the Alliance for Excellent Education, said at a national leadership summit in February 2012 that online learning is an «imperative for meeting those challenges such as providing sufficient opportunities for students to gain the knowledge and skills they need to succeed in the global economy; dealing with budget deficits that are forcing program cuts; and ensuring students» access to high - quality teachers, curricula, and learning experiences.