Sentences with phrase «mounting budget deficits»

There is probably nothing that is sacred anymore with the federal government and almost every state government facing mounting budget deficits, loss of tax revenue and so on.

In the face of mounting budget deficits, the James Prendergast Library in Jamestown is planning to sell 19th - and 20th - century paintings and tapestries valued at as much as $ 1 million from its art collection through two New York City auction houses.

As foreshadowed by the Post, Mayor Bloomberg has called for the layoff of thousands of public employees, saying the city «simply can not afford the size of our current workforce» in the face of a mounting budget deficit.

Financial challenges have been at the forefront of lawmakers» work this session as the state faced a mounting budget deficit that's now projected to be close to $ 1 billion for the next fiscal year that begins on July 1.

Not exact matches

LAGOS — As the pressure on federal revenue mounts following steady decline in oil revenue, the Federal Government would be resorting to a Sukuk Bond for funding the widening budget deficit.

Mounting pension costs, declining tax bases, crumbling infrastructure and a growing number of out - of - work citizens relying on social safety nets meant deep budget deficits and tides of red ink.

The pressure to find new ways to close New York's budget gap mounted Wednesday after Gov. David Paterson announced that the projected deficit for the upcoming fiscal year has grown...