Sentences with phrase «multibillion dollar shortfall»

With the city facing a multibillion dollar shortfall — and the Bloomberg administration demanding further cuts, the United Federation of Teachers went on the offense today, with a study it says shows that fiscal constraints already have taken a toll on the city's more than 1.1 million students.

Not exact matches

Now Chicago schools are carrying the burden of a $ 1.1 billion budget shortfall — in addition to a multibillion - dollar shortfall in the pension fund.

California famously faced a $ 26 billion shortfall, but many other states, including Ohio and Illinois, confronted multibillion - dollar deficits as well.

TORONTO — The Liberal government's plan to switch some of the tax burden from middle - income earners to the top one per cent will likely lead to multibillion - dollar annual revenue shortfalls for Ottawa and the provinces, according to the C.D. Howe Institute.