Not balancing your budget could also generate credit card debt, said McBride.
However, whether or
not a balance budget will be recorded for 2015 - 16 will not be known until the fall of 2016 — a full year from now.
The reality is that you will
not balance the budget in 2019 - 20 without cutting spending and / or raising taxes.
To be «realistic», you need to acknowledge that you will
not balance the budget by 2019 - 20.
Based on our assessment of the proposed expenditure «savings», we believe that the Government will
not balance the budget in 2015 - 16, and may have difficulty in achieving a balanced budget by 2016 - 17.
«If spending is out of whack, if he can't balance the budget, then he did the right thing as governor.»
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.
Pelosi told the president that House Democrats still support his push for a «grand bargain» that doesn't balance the budget on the backs of seniors with cuts to Social Security, Medicare and Medicaid, a Democratic aide said.
«The difference between us and other states is we did
not balance our budget on the back of our local communities,» he said.
Something's very wrong when the gov can't balance a budget and live within his means.
«We should
not balance budgets on the backs of the poor.
Bearing signs saying «Don't balance the budget on the backs of the poor» and shouting «Hey hey, ho ho, the funding cuts have got to go,» the roughly 150 demonstrators, largely from New York City, represented progressive activist groups pushing for rent reductions for people with HIV, homeless services, low - income housing, health care and other issues.
The other stuff you post hear is great but its meaningless if you can't balance the budget without further taxing us to death.
Cuomo should
not balance his budget on the backs of State workers.
«Jack's plan won't balance the budget on the back of the county workforce,» Laricchiuta said.
Or why a state government slow to fund major regional transportation needs would commit $ 100,000 to build a skateboard park anywhere — much less in Albany, a city so broke it couldn't balance its budget without a bailout from the governor this year.
No wonder the cities and towns of Ulster County can't balance their budgets when people like this developer don't pay their taxes.
«We shouldn't balance the budget by cutting funding for schools.
Also in anticipation of the Senate Democratic budget being laid out Wednesday by Sen. Patty Murray — the first Senate budget introduced in four years — Republicans are going after Democrats for what's expected to be a plan that doesn't balance the budget in 10 years, as proposed in Ryan's budget.
«We need to pay our bills, but
not balance the budget on the backs of our seniors,» U.S. Rep. Carolyn Maloney (D - Astoria) said.
We will
not balance our budget on the backs of children,» she explains.
If you are currently only making minimum payments on your credit cards, and your credit card bills are increasing each month, then even a debt consolidation loan may
not balance your budget.
Not exact matches
Ask
not whether PM - hopefuls plan to
balance the
budget, but how they will deal with revenue shortfalls
Simply put,
balancing the
budget through spending cuts alone will
not work.
When asked to rate how important it was to run a
balanced budget, May said: «In the scheme of things,
not very.»
Mint iPhone app Banks it works with: More than 7,000 U.S.financial institutions What you'll like: Check your account
balances and transactions; track investment accounts; set up
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While a
balanced budget in 2013 - 14 is
not assured, in the medium run revenues do
not appear to raise serious challenges.
The legislation, called PROMESA, would create a federal oversight board to help Puerto Rico governments
balance their
budgets, improve financial reporting and facilitate debt restructuring when voluntary agreements between creditors and borrowers can
not be reached.
But like many would - be entrepreneurs, I don't know much about
balance sheets, cash flow, marketing
budgets, ad sales, or other essentials for running a company.
There is plenty of time to introduce these commitments in future
budgets: they came with the proviso they would
not be implemented until the
budget was
balanced, which the Department of Finance forecasts will occur in fiscal 2015 - 2016.
By doing these things, we will
not only
balance the
budget in 2015, we will achieve a surplus.
The slump has left the province facing a
budget deficit and Prentice in the tough position of
balancing the books while maintaining his commitment
not to hike taxes.
While
budget 2013 didn't feature many goodies for the personal finances and portfolios of Canadians, there was good news in the commitment to
balance the
budget by 2015.
While Frankel may
not have much experience with philanthropy, she says she excels at organizing large events and
balancing budgets.
Last year, when asked about
balanced budget legislation he told the House of Commons Standing Committee on Finance «I don't think writing something into law, and then expecting that future governments will be held by that, is realistic.»
In Mr. Cross» defense, he does
not appear to be a fan of
balanced budget legislation in the first place.
«
Balancing the
budget is a political imperative
not an economic one,» he said.
New Democratic Party chief Thomas Mulcair says he doesn't need a statute to force him to run a
balanced budget.
«It's like
balancing the family
budget and
not feeding the kids.»
«It is thus important to realize that in the current environment of low long - term interest rates, fiscal prudence does
not require bringing the annual
budget balance to zero almost immediately,» he wrote in a paper for the Bennett Jones law firm.
The recommendation that Ottawa should delay its efforts to
balance the
budget and spend on infrastructure to create jobs has been advocated by left - wing economists, but Scarth's report is
not so easily pigeon - holed.
More from the New York Times: Charles Zwick, who
balanced budget under Johnson, dies at 91 The era of very low inflation and interest rates may be near an end Trump says Cohen's legal troubles do
not involve him
Ultimately, people shouldn't get too hopeful for any major
budget announcements, at least until the government's
balance sheet improves.
Fiscal sustainability depends on the debt - GDP ratio,
not the annual
budget balance.
But under accrual accounting rules this borrowing does
not appear on the
budget balance.
Tommy Douglas was a
balanced -
budgets kind of guy — didn't believe in owing money to bankers.
With the current political discourse of anti tax and now the blowing winds of austerity, I really really really do
not see a negotiated settlement towards
balanced budgets unless somebody makes some dramatic changes.
The structure that is currently in place should ensure a
balanced budget and growing surpluses over time, provided the significant downside risks in the U.S. and the EURO area do
not materialize..
At any rate, one can't really say it's
not in the NDP tradition to
balance the
budget.
Even when announcing in November that the federal deficit would come in at $ 26 billion, $ 5 billion higher than predicted in the 2012
budget, the minister couldn't resist gloating: «Unlike many of Canada's counterparts in the G7, we remain on track to return to
balanced budgets over the medium term.»