Sentences with phrase «of balancing the state 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.

In fact, some speakers and attendees cited the governor's platform of balancing the state budget without new taxes and a bill introduced late last week to cap local property tax increases and offered grudging support.

They'll also talk about reforming Rockefeller Drug Laws, public financing of campaigns and the challenges of balancing the state budget.

Not exact matches

April 30 - A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014..

April 30 (Reuters)- A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

«How he gets to balanced budget is open to debate,» says Philip Romero, dean of the College of Business and Economics at California State in Los Angeles.

It took some painful cuts and some reorganization of state agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offistate agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offbudget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget OffiState Budget OffBudget Officers.

The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.

«Republican governors are cutting taxes, slashing spending, balancing budgets and transforming their states into engines of economic growth,» the group crowed.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus program.

Obamacare is not sustainable, but neither is the dismantling of our minimalist welfare state to achieve a balanced budget too soon and in the wrong way.

Then he has cancelled a host of domestic programs to balance the budget and compensate for revenue losses as a result of giving huge tax breaks to millionaires and billionaires in the state.

Obviously, the frugal Franciscan Friars who take a vow of poverty and who run the topic University need to balance the school budget, something our federal, state and local government obviously are not capable of regarding their own budgets.

That is why we are offering a realistic budget for 2018, which takes a balanced and pragmatic approach towards solving the developmental challenges of our State and take it to the next level of transformation.»

Maggie is committed to cutting the deficit and balancing the federal budget,» says Sandra B. Mortham, Chairman of Maggie's List and former Florida Secretary of State in a statement.

New York City's finances look to be on solid ground, with a strong economy, a balanced budget and out - year gaps that are manageable under current conditions, according to state Comptroller Tom DiNapoli's assessment of the mayor's proposed spending plan, though there are risks in the years ahead.

Cuomo's amended budget proposal didn't include the much - needed $ 12.5 million in state aid for the city of Albany on which Mayor Kathy Sheehan is relying to balance her own spending plan.

And their half baked schemes to bring a bloated budget into balance because of years of bad decisions that Davey sat on the side lines watching are setting the groundwork to ruin the state.

The lieutenant governor pointed out there are always challenges in trying to balance a $ 168 billion budget, but she said the state is very aware of the importance of historic tax credits — specifically to upstate cities like Buffalo, Rochester and Syracuse.

Previous ads cite Faso's record of results as an innovative leader, notably his efforts to enact balanced state budgets, push for a property tax cap and his role in creating New York's STAR program, which saves taxpayers millions of dollars each year.

He also referenced his time in the Assembly where he worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

In releasing his 2015 tax payments, Faso — who built a reputation in the state Assembly as a fiscal hawk because he cut spending and balanced budgets — wants residents to know that he understands the burden of property taxes and is committed to reform.

Faso has a long record of cutting taxes and closing budget deficits that go back to his tenure as Minority Leader in the Assembly, where he developed and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Earlier today, Jay Jacobs, the head of the New York Democratic Party, sent out a statement calling on the GOP challengers to Sen. Kirsten Gillibrand to state where they stand on Paul Ryan's plan to balance the federal budget.

«Given the prior impasse with the nation, the city should have reduced the amount of casino revenue used routinely for appropriations instead of increasing its reliance on it to balance the budget» state auditors concluded, further noting the city will lose its ability to even attempt to balance its budget with casino revenue if the current dispute is not resolved.

As a member of the New York Assembly, Faso developed and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

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.

The governor sounded the alarm a day after delivering a historic 6,681 spending vetoes that left the state's $ 134.4 billion budget at least $ 1 billion out of balance.

The State Comptroller's audit addressed the question of «Do the Mayor and City Council ensure budgets are realistic and balanced?»

John Faso worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

The effect of this is that the US states have nearly all laws that require them to have balanced budgets and it is well followed.

In releasing his plan, Faso — who as a member of the Assembly cut spending and championed proposals that led to real balanced budgets — called it a smart way to reduce costs, increase efficiencies and align New York with most other states in the nation that don't pass their Medicaid expenses down to county taxpayers.

The program also helps balance the state budget, thanks to the complexities of immigration policy.

«NIFA has disallowed over $ 60 million in contingency revenue sources that we proposed and that municipalities around the state routinely use to balance their budgets, creating a budget crisis that does not exist in reality, but allows NIFA to unfairly continue its control of county finances,» she said.

«This upgrade is based on our view of a strong state budget management framework as indicated by New York State's recent history of improved structural budget balance with a strong focus on spending restraint and on - time budgets,» wrote S&P analyst David Hitchstate budget management framework as indicated by New York State's recent history of improved structural budget balance with a strong focus on spending restraint and on - time budgets,» wrote S&P analyst David HitchState's recent history of improved structural budget balance with a strong focus on spending restraint and on - time budgets,» wrote S&P analyst David Hitchcock.

«The difference between us and other states is we did not balance our budget on the back of our local communities,» he said.

«Palin's message of fiscal conservatism, evidenced by a balanced state budget and low taxes at a tough time, along with an appeal to the social conservatives to whom Sanford tried to appeal, seems now to have one less direct competitor»

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.

In response to Lento's criticism, Cuomo spokesman Rich Azzopardi said that the governor's criminal justice reforms, which were introduced during his annual State of the State address but fell out of the budget, «represent a balanced approach» and were developed «in consultation with activists, criminal justice experts and prosecutors.»

Groups Propose More Balanced and Economically Sensible Approach to Balancing State Budget; Call on Federal Government to Address Revenue Aspects of Governor Pataki's $ 54 Billion Plan

FPI's February 4 Budget Briefing reviews the roots of New York State's current fiscal problems, Governor Pataki's strategy for balancing the 2003 - 2004 budget, and alternative approaches to meeting this chalBudget Briefing reviews the roots of New York State's current fiscal problems, Governor Pataki's strategy for balancing the 2003 - 2004 budget, and alternative approaches to meeting this chalbudget, and alternative approaches to meeting this challenge.

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.»

Lawmakers are also skeptical of Cuomo's promise to balance the budget — without big spending increases — while still funding many of the pricey proposals he laid out in his state of the state, which include upgrades to airports, big investments in economic development and increases in spending on education and workforce development.

The Fiscal Policy Institute's 13th annual budget briefing: analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2003 - 2004 bbudget briefing: analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2003 - 2004 bBudget and alternative approaches to balancing New York State's 2003 - 2004 budgetbudget.

If the state reimburses at a higher rate than budgeted, or a grant is found where now state money instead of budgeted town money is used, the fund balance increases.

Within hours, Mr. Paterson counterattacked, saying through a spokesman that he would call the Legislature into extraordinary session on Sunday evening to consider several measures, including an overhaul of the state university system that would allow individual campuses to set their own tuition rates and a requirement that the Legislature certify that budgets are in long - term balance.

The issue was, as it always is, the budget: a swollen $ 136 billion chimera that, $ 9.2 billion out of balance, would require massive cuts to education and health care spending and possible layoffs of state workers, to say nothing of some tax increases.

Cut wasteful government spending and balance the state budget by implementing fiscally conservative strategies that have a proven track record of success.