Sentences with phrase «of budget austerity»

It's pretty simple: a new era of budget austerity is upon us, and it won't be popular at all.

Not exact matches

History, and current pressures on the Pentagon to justify its budget in a time of austerity, suggest that the Pentagon is not really opposed to an attack on Iran, only very shrewdly letting someone else get the music started.

First: widespread layoffs, lower budgets, new levels of austerity, and a shift in the corporate culture.

Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a more conservative message of austerity, including cuts in unemployment and welfare benefits, to tame a record budget deficit widened by the biggest economic slowdown in 25 years.

He also sits on the Board of Directors, and in May 2015 he made a donation of $ 133,000 to the foundation to make up for funding it had lost as a part of the austerity measures put in place by Governor Bruce Rauner to address the state's $ 1.5 billion budget deficit.

Even with austerity programs in place, the eurozone's collective budget deficit this year will exceed 4.5 % of GDP.

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.

Europe is mired in a quagmire of financial bailouts, budget deficits and austerity measures, bleak circumstances that have already fostered social upheaval and are now ushering in political change.

The highly - anticipated report, which holds significant legal weight under the EU's newly - adopted budget rules, illustrates that despite the EU's newfound embrace of growth - oriented rhetoric, much of its new fiscal rules remain oriented towards «fiscal consolidation», the EU's parlance for austerity.

The budget makes it very clear that the government is rejecting an «austerity» fiscal strategy and instead is prepared do run relatively small deficits (1/2 of 1 % of GDP), resulting from investments in both physical and human capital.

Given also the need for an austerity budget to comply with European rules, growth is likely to weaken, meaning the protest parties will continue to strengthen and may well be strong enough to take over in a couple of years.

Research by GS economists indicated the following impact of fiscal austerity (budget sequester) on U.S. GDP growth into 2014.

I am certain that other Parliamentary Governments will fall as the austerity budgets begin to take a toll on voters of many Western nations.

In a mind - numbing thought, it appears that the implementation of austerity budgets actually had the effect of increasing deficits as economies slowed as austerity began to bite.

The NHS budget has actually been ring fenced (don't give them too much credit for this, it's a cynical way of seeming to «protect» more popular or «sexy» areas of spending while providing political cover for the overall austerity programme).

Research conducted by Ipsos Mori on behalf of the Family and Childcare Trust opens a window on to the lives of 11 families, providing a vivid illustration of the delicate balancing act necessary to sustain household budgets and keep family life on track in austerity.

The gloomy headlines about life in austerity have become all too familiar reading over recent years, but what have the pressures on household budgets really meant for family life, and could some of the long - term impacts have been hidden from view behind the front door?

The problem is that in the bleak landscape of austerity, where local councils have had their budgets halved since 2010 and are looking at losing another third of their funding over the next four years, a service which isn't even used by their own residents could start to look like an easy cut to make.

Councils and local government, in particular, have to determine how best to maintain effective services in a climate of austerity, accepting that rising demands and tighter budgets require new delivery tools and new models of provision.

Geoffrey Howe's 1981 Budget is oft - sighted as the acme of fiscal prudence and austerity, which was punitive and unpopular in 1981, but for Thatcherites it ensconced a taxation system and a restraint on public spending that ushered in the «age of prosperity» in the mid-to-late 1980s.

When Governor Cuomo faced a $ 10 billion budget deficit upon taking office in 2011, he pushed an austerity budget of cuts and caps to spending, taxes, and state workers, claiming, «I am a progressive who's broke.»

Specifically, the manifesto argues for an end to austerity: the SNP proposal is for a 0.5 % annual increase in public spending over the course of the next parliament, rather than the reductions in spending which George Osborne laid out in his March 2015 budget.

«Official forecasts will show George Osborne's emergency Budget hitting growth and costing jobs in the short term, government sources said last night, but the austerity measures will also create a brighter climate for the economy by the end of the parliament.

Manhattanville President Dr. Molly Easo Smith said, «The entire Manhattanville College community is proud and delighted to host Governor Cuomo and his budget message of fiscal austerity, responsibility and reform.

Voters accept the necessity for cuts to reduce the budget deficit, but Corbyn and his union backers made opposition to austerity a central plank of their campaign.

With notable arrogance Djankov compared Bulgaria's budget to a small vegetarian pizza and sketched a course of fiscal austerity and welfare cuts.

A faction of the Republican Party is pushing austerity budgets, including cuts to social programs that are popular with the middle class, such as Social Security (government - funded retirement pension) and Medicare (government - funded retirement health insurance).

The chancellor, George Osborne, certainly plans more austerity, hoping to achieve a budget surplus and a rapidly declining debt - to - GDP ratio by the end of the decade (four years later than he originally predicted).

After forcing Labour to endorse austerity, Osborne used his last budget speech of this parliament to suggest that he is not even that bothered about the deficit.

But the Office of Budget Responsibility estimate that austerity reduced GDP by 2 % between 2011 and 2013.

The 2012 Budget is critical to the UK's economic recovery, but its political emphasis will be focused firmly on mitigating the harsh effects of austerity on the poorest.

Britain needed a Budget for jobs and growth but we got cash for the rich and a dose of austerity for ordinary people who've worked and saved all their lives in the hope of enjoying a comfortable retirement.

But the Guido prediction last December did not say «but only if they leave the euro»; it said euro Ireland would bounce back quickly as a result of the austerity budget.

It should be noted that the austerity measures she justifies are not intended to contain budget deficit (as in Greece) but to reduce the growth of the prices via reduction of the demand, that is, by making the population poor intentionally.

My city has lost a quarter of its teaching staff, and Cuomo is about to go into his fifth consecutive austerity budget.

Prior to the legislature's proposal for increased taxes, Vanderhoef had presented an austerity budget that called for the immediate sale of Summit Park as well as massive cuts in many other programs.

The Shadow Chancellor will call for a Budget that deals with the growing emergency faced by working families and our vital public services, which have been left in crisis after seven years of Tory austerity.

Coalition spending cuts Smith has been highly critical of George Osbourne's austerity budget and came under fire for comparing it to «domestic violence».

Some small European states such as Latvia, Estonia and Ireland did manage to re-start their economic growth while imposing austerity budgets — but only by ratcheting down their wages and prices, via a big dose of unemployment, until their much - reduced costs sparked an export revival.

Its austerity policies inhibit growth and constantly pull down aggregate demand, and when as a result the budget deficit grows instead of falls, that is used as a pretext for another massive round of cuts (another # 9.8 bn in this year alone).

The Congressional tea partiers, the budget austerity adherents, should put a hold on the construction of the huge NSA data center in Utah.

A few minutes earlier at PMQs it emerged that the Prime Minister's own joke - writing department had already seen its budget badly slashed in the name of austerity.

Chris Keates, General Secretary of the NASUWT, said: «The NASUWT warned at the outset when the Pupil Premium was first introduced that, in the context of the Coalition's savage austerity measures and its failure to protect school budgets despite its claims to the contrary, this funding would inevitably end up being absorbed into school budgets as the cuts bit.

Not that they'll necessarily get it though; some hard line austerity hawks in cash strapped councils across the country are undoubtedly going to balk at the idea of being inundated with more calls for aid than they can possibly service after Westminster cut their budgets.

That decision means average departmental budget cuts have increased from 20 % to 25 %, but Mr Lansley insisted it would not mean that the NHS would escape pressure in the age of austerity.

On a final note: if this budget was one of such seriousness and one of austerity: one in which «we are all in this together... for the good of the nation», why exactly did the majority of Tories laugh, cheer and bay for more (cuts) when Osborne completed his statement?

Sir Paul Stephenson told the Today programme he was extremely concerned by budget cuts set against the backdrop of a surge in demand on policing caused by unrest over the coalition government's austerity agenda.

«Ahead of next week's Budget, today's unemployment figures serve as yet another reminder that the UK government's austerity plans are simply not working.

Commenting on the announcement of the draft Scottish budget for 2013/14, Chris Keates, General Secretary of the NASUWT, the fastest growing teachers» union in Scotland, said: «While the Scottish Government has been placed in a difficult position by the Westminster Government's imposition of its austerity measures, it is deeply disappointing that the Scottish Government has chosen to follow the Coalition's flawed economic policies by imposing another year of pay freeze on public sector workers.»

Cameron and Clegg appeared nervous of being portrayed as advocates of austerity budgets of the kind that have been rejected by many voters on mainland Europe.