Not exact matches
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
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates
of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the
balanced budget target is delayed
from 2014 - 15 to 2016 - 17, prior to the inclusion
of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).
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.
It is my view that the greatest weakness
of economics is the habit
of drawing, or encouraging politicians to draw, macroeconomic conclusions
from microeconomic reasoning («the government
budget, like a household
budget, must
balance»).
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out
of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to
balance the
budget in light
of a revenue shortfall stemming
from lower than expected nominal GDP.
«The question that flows
from that
of course is what taxes are going to be increased to accommodate that, or is the NDP simply not telling the truth when it says it's going to
balance the
budget?»
Specific policies include encouraging job creation and innovation in the new energy economy; improving the fairness
of employment standards (including re-establishing the National Minimum Wage; reversing «tax giveaways» to corporations; introducing and maintaining
balanced budgets; protecting Canadians
from «price gouging» by businesses; implementing income stabilization programs for farmers; promoting long - term economic and environmental sustainability
of marine and forestry resources; and re-investing in education, skills training and apprenticeships to help Canadians succeed in the economy.
The bottom line is that after the prolonged tax giveaway exacerbates the federal
budget deficit — along with the
balance -
of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country
from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.
The first panel
of Table 3 summarizes the changes in the budgetary
balance from the March 2010
Budget to the October 2010 Update as presented in the Update.
 The Harper government's decision last year to write off every penny
of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the
budget on the revenue side. Jim Flaherty has learned
from past Finance Ministers (especially Paul Martin) that it's always politically better to make the
budget situation look worse than it is (even when the bottom has fallen out
of the
balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth
of the public equity share).
A dramatic increase in debt differs starkly
from the rumored goal
of on -
budget balance for the overall Senate
budget resolution.
This tasty Mince and Pea dish, also known as Keema Matar is one
of my favourite
budget friendly Ayurvedic recipes
from my book Eat Right For Your Shape, and is ultra wholesome and
balancing for finance fearing Vatas who require affordable and grounding comfort food at the end
of their day.
wenger has made the club profit this window i would have though as well all incomings have been covered out goings and other revenues coming in like c / l monies and squad releases wages being saved i bet we are in a +
balance if we went through it properly we do nt know what the
budget is so it could be worst there now way wenger has spend # 100 not even # 70 million transfers ospina = covered by the sales
of miquel and monies made
from cesc to chelsea so nothing really spend there debuchy = covered by the vela money chambers = covered by the vermalen sale # 11 million only goes up to # 16 if he does well in certain circumstances sanchez = covered by the c / l monies and no doubt what we are owed on previous player sales i.e cesc to barca and song monies still outstanding welbeck = covered by wages being freed up and the rest
of outgoing transactions and previous player sales being owed so there we have most likely recoup most if not all
of our transfer monies back and shafted and lied to puma and the emirates about spending there monies in sponsorship on tranfers and pocketing in» profit» aprox # 60 - 70 million
of the transfer funds to boot wenger hang your head in shame
The Chicago Park District Board passed a
balanced budget for 2003
of $ 338 million Wednesday, despite an outcry
from city residents and union members about cuts in park employees» hours.
Just think about it: if you were trying to
balance a very tight
budget in an operation which lives or dies based on how well students accept your food, and if many (sometimes, the vast majority)
of those students came
from homes in which nutritionally
balanced, home cooked meals are far
from the norm, and if the food industry was bombarding those kids with almost $ 2 billion a year in advertising promoting junk food and fast food, and if you had no money
of your own for nutrition education to even begin to counter those messages, and if some
of those kids also had the option
of going off campus to a 7 - 11 or grabbing a donut and chips
from a PTA fundraising table set up down the hall, wouldn't you, too, be at least a tiny bit tempted to ramp up the white flour pasta, pizza and fries and ditch the tasteless, low - sodium green beans?
One
of DiNapoli's predecessors, former Comptroller H. Carl McCall, noted in my DN column that he had twice successfully sued two different governors — Mario Cuomo and George Pataki — to prevent the pension fund
from being raided to
balance the
budget.
Judging the amount
of money cut
from the
budget for those with physical / emotional disabilities to
balance his
budget I have absolutely no use for and don't believe Cuomo's comments.
Stung by the expiration
of federal aid intended to help states
balance budgets as they seek to recover
from the recession that began in 2008, the final
budget is also expected to include another cut in local aid to cities and towns and to call for reduced growth in the rate
of spending on education and health care, although special education is one
of the few areas in which significant investments appear imminent.
Liz Holtzman, who served in Congress
from 1973 to 1981, remarked: «We can never
balance the federal
budget on the backs
of our seniors.
But Mr Hammond insisted: «Criticism
from Labour rings equally hollow — they are the cause
of the problems we are now resolving, I am determined to get the defence
budget back into
balance so our armed forces have certainty and clarity about the future.»
Reviewing his performance in July 2016, The Guardian said that the UK still had a
budget deficit
of 4 %, a
balance -
of - payments (trade) deficit
of 7 %
of GDP, and (apart
from Italy) the worst productivity among the G7 nations.
The governor said that the deficit in the
budget would be financed by a N10 billion loan facility
from some development partners as a well as the 2018 opening
balance of N8.4 billion.
Cuomo pointed out that 24 percent
of Syracuse's
budget comes
from state revenue, but still Syracuse and other cities say they have a
balanced budget.
«A
balanced approach to
balancing the state
budget makes good economic sense, but is also important
from a societal perspective that the pain
of balancing the state
budget be spread more fairly and that counter-productive cuts in essential services,
from education to mental health, be avoided,» said Frank Mauro, Executive Director
of the Fiscal Policy Institute.
Roger Benson, President
of the New York State Public Employees Federation (PEF) underscored the need for greater
balance: «The
budget needs to have shared sacrifices but it does not require any sacrifices
from the wealthy and big business.»
«But I also think some
of these things are issues you have to look at
from the perspective
of good government, you know, are we keeping with our responsibilities in order to
balance a
budget for the city?»
The former two - term governor
from New Mexico claims he's been «shafted» by the GOP in spite
of his status as being a popular and successful governor
of a state and a resume that included
budget cuts, a
balanced budget and economic -LSB-...]
I joined my colleagues in the Legislature in approving the transfer
of $ 5 million
from fund
balance to the operating
budget to allow for additional road work this year.
According to Bob Salierno, assistant superintendent
of business, an $ 800,000 carry - over
from the current
budget, plus $ 200,000
from the employee retirement fund helped the school district
balance its
budget.
It's not clear what Paladino will discuss when he speaks at his removal hearing, but he will likely try to shine a light on the discussions surrounding the school board's
budget and contract talks last year, including the spending
of money
from a fund
balance.
Both houses
of the Legislature argue the MRT elements they oppose don't actually save taxpayers a thing, but to excise either
of them
from the final
budget could upset the delicate
balance carefully crafted by the Cuomo administration to neutralize 1199 and GNYHA in the traditional
budget air war.
Mayor Bloomberg is taking some heat for the full - color mailer he sent out to NYC residents that slams Albany for trying to
balance the state
budget for «cutting billions
of dollars»
from the city and touts his own efforts to hold the line on taxes, create jobs and protect «vital services.»
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.
Mr Osborne promised to
balance the deficit within the next five years, saying that 77 per cent
of the measures to do so outlined in the
budget are spending cuts, while 23 per cent would come
from tax rises.
Mr. Russell's proposal, which Town Board members will now review and amend, if they so choose, features the use
of $ 2.4 million in reserves to
balance the
budget, down
from $ 2.7 million in the current year.
In drafting that
budget, Madden cut out reliance on transfers
from the water fund and inclusion
of property sales in the spending plan in order to achieve a
balance budget.
Speaking
of the city's $ 39 million
budget (devised by Sottile and approved by the Common Council), Gallo deplored the «unfortunate impact
of a million - dollar deficit due to the prior administration's allocation
from the city fund
balance.»
They also want to set up a structure
of taxes and fees on the gas drilling industry to help
balance the state's
budget and pay for costs incurred
from the industrialization
of portions
of upstate New York.
Skelos then allegedly pushed through legislation favorable to PRI including a measure in the 2015
budget that prevented the state Department
of Financial Services
from liquidating medical malpractice insurers with a negative
balance through 2019.
Assembly Democrats made clear
from the beginning that any solution that
balances our
budget on the backs
of the hard - working men and women
of our community would be unacceptable.
The Executive
Budget health - related proposals are varied in nature
from the funding for the New York Health Benefit Exchange at an additional $ 54.3 million to $ 148.3 million in 2014 - 15, to legislating the composition
of out -
of - network health benefits and protecting consumers
from physician surprise billing and
balanced billing as well establishing capital finance programs meant to strengthen New York's health care infrastructure.
- GDP per capita is still lower than it was before the recession - Earnings and household incomes are far lower in real terms than they were in 2010 - Five million people earn less than the Living Wage - George Osborne has failed to
balance the
Budget by 2015, meaning 40 %
of the work must be done in the next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds
of poor children fail to achieve the basics
of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long - term youth unemployment
of over 12 months is nearly double pre-recession levels at around 200,000 - Pay
of young people took a severe hit over the recession and is yet to recover - The number
of students
from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a decade
We
balanced the
budget by taking a number
of resources away
from the MTA and we projected it out
of far as 2013 to keep the
budget balanced.»
The council can only meet the legal requirement to
balance its
budget by raiding # 3milion
from its reserves while carrying out a raft
of mid-year spending cuts, including cutting personal
budgets for adult care users by a fifth and targeting high - cost adult care packages for reductions (appendices 4 and 5, pages 12 - 13).
This funding will allow the Library to provide an additional 18 open hours
of service, fund outreach bookmobile operations, support existing and expanded services at multiple locations and reduce the
budgeted use
of unassigned fund
balance from $ 852,555 in the 2014 proposed
budget to $ 702,555.
«Instead
of balancing the
budget on the backs
of hard - working Wisconsinites, we need to come up with a
balanced approach that looks at shared sacrifice
from everyone.»
County funding
of $ 23,943,617, combined with funding
from New York State
of $ 2,227,239 in operating aid, use
of $ 485,186 in Library fund
balance, and $ 894,302 in other library revenue, brings the Library's 2017 proposed operating
budget to $ 27,550,344; a modest 1.1 % increase over the 2016 Adopted B
budget to $ 27,550,344; a modest 1.1 % increase over the 2016 Adopted
BudgetBudget.
In his State
of the State address in January, Cuomo proposed unloading a third
of CUNY's
budget, nearly $ 500 million,
from the state's
balance sheet and transferring it to the city's.
They also took issue with Cuomo's proposal to unload one - third
of CUNY's
budget, nearly $ 500 million,
from the state's
balance sheet and transfer it to the city's.
«We are urging the governor to look for ways to raise revenues to
balance the state
budget, instead
of slashing more funds
from the State University
of New York on top
of the $ 148 million already slashed this year.