Sentences with phrase «of budget reform»

These comments were based on his September 1, 2005, analysis of the budget reform constitutional amendments.

«Labour will argue against the proposed increase in EU spending and instead support a real - terms cut in the budget... When we speak of budget reform, some will want to focus only on cuts to «EU fat cats» in Brussels.

Skelos touted how the Legislature adhered to the provisions of the Budget Reform Act of 2007, which was «ignored» when the Democrats controlled the chamber, adding: «Now we've seen that the chaos that existed for two years is gone, and government is functioning as it should, and — right now — with a bipartisan basis.»

«We are proud of the budget reforms the Council has already implemented that increase transparency and accountability — including an online database that the Borough President has embraced today.

Not exact matches

While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.

President Emmanuel Macron of France proposed in a speech last September some deep reforms in this regard, including a common budget for the euro zone.

Only by paring the AHCA with market - liberating reforms can the plan avoid hammering the budgets of America's families.

Last week, the House narrowly approved a Senate version of the 2018 federal budget, clearing the path for the Republican - controlled Senate to pass its tax reform plan later this year.

«This should be coupled with maintaining the fiscal adjustment to reduce the level of budget deficit, reforming the banking system, especially banks who are facing difficulties, and allow the private sector to grow,» Azour said.

The defeat was the most serious setback for Prodi's nine - month - old coalition government, also deeply divided over a host of domestic issues ranging from the budget, pension reform and a bill giving legal recognition to gay and unwed couples.

If the Senate's immigration - reform bill passed the House, it would result in a directly related Gross Domestic Product increase of 3.3 percent by 2023 and 5.4 percent by 2033, the report says, based on Congressional Budget Office estimates.

Congress has been looking at possible reforms for years that could streamline the process without sacrificing the rigor necessary to nix fraudulent claims, said former Congressman Earl Pomeroy, a co-chair of the Committee for a Responsible Federal Budget's SSDI Solutions Initiative.

Reform is needed, said Villanova School of Business Economist David Fiorenza, if only to keep state budgets out of the red if the economy hits another rough patch.

A 2013 analysis of the Senate's immigration reform bill by the nonpartisan Congressional Budget Office estimates its passage would have resulted in nine million more people entering the U.S. work force in the next 20 years, with new immigrants participating at a higher rate, on average, than other U.S. residents.

OPINION: Labor will need to compromise if its budget plans are to pass the parliament, and a push for upper house reform may not be out of the question.

Well, he's going to unveil his total tax - reform plan on Thursday, and this is a component of that, so it will be included in his overall budget and economic vision.

Yes I realize the AFB and everyone else has a formula to balanced budgets, but with corporate taxes a mere shadow of what the were some 20 years ago, it will take a whole pile of growth or it will tax some major tax reform to keep the books out of the red and push into the black.

Europe needs a stronger banking union, including a cross-Continental guarantor of deposits; structural reforms to improve growth prospects; more monetary easing; and better plans for budget - cutting in the countries struggling to convince global investors of their financial stability, the fund said.

The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.

The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.

Among the Social Security Disability Insurance (SSDI) proposals, the budget recommends several of the reforms put forward by the McCrery - Pomeroy SSDI Solutions Initiative.

The budget repeals the ACA and replaces it with the RSC's American Health Care Reform Act, which provides a standard deduction for health insurance, allows the purchase of health insurance across state lines, and reforms the medical liability system among other changes.

Controversial reforms Greece promised to pass into law by Wednesday include reforming the VAT system, overhauling pensions and signing up to plans that ensure immediate spending cuts in the event of breaching creditor - mandated budget targets.

Have you considered this important possibility, since most of the budget cost of the reform comes from the corporate rate reduction?

It's also worth recalling that, even though he failed to reform health care during his eight years in office, President Bill Clinton still managed to tackle tax reform with the Omnibus Budget Reconciliation Act of 1993.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

The tax reform bill they are pushing through the Senate will live and die by a complicated rule — known as the «Byrd Rule,» a condition of the «budget reconciliation» process that allows Republicans to pass legislation with only 51 votes in the Senate.

In 1997, HD Deve Gowda, then head of a weak, eight - month - old coalition government, had assured the world of the reforms road that India had committed itself to — his speech was to be followed within a month by Finance Minister P Chidambaram's pathbreaking «Dream Budget», which set an enduring benchmark for economic reforms and liberalisation.

The new legislative package, agreed on late Sunday, consists of the pension reform and direct and indirect tax reforms, which will allow the government to achieve some 5.4 billion euro spending cuts and to ensure savings to meet a 3.5 percent budget surplus target by 2018.

The Congressional Budget Office recently said the healthcare reform law would cause some people to work less, reducing employment by the equivalent of 2 million full - time jobs over the next decade.

Since the historic federal budget of 1991 presented by then Finance Minister Dr. Manmohan Singh that launched India on a path of reform and market orientation, Budget Day in India has been high season for economic pbudget of 1991 presented by then Finance Minister Dr. Manmohan Singh that launched India on a path of reform and market orientation, Budget Day in India has been high season for economic pBudget Day in India has been high season for economic policy.

The spectre of a limited technical government looms once again - with a mission to seek a majority for the 2019 budget and to reform the electoral law.

Unfortunately, Budget 2018 - 19 did little to address this, or even to acknowledge risks posed by the external setting - including recent U.S. tax reforms and NAFTA renegotiations - and the effects of these uncertainties on the planning and decision making setting for Canadian businesses.

Sources: CRFB calculations and Joint Committee on Taxation on House Tax Cuts and Jobs Act, Chairman Camp's 2014 Tax Reform Act, and several of President Obama's budgets.

While the Better Government Association has claimed Illinois» budget contains no fat to trim, a deeper analysis reveals the state has many areas of expensive inefficiency to reform in state and local government costs, the Medicaid program and K - 12 education.

Since coming to power at the end of 2015, a minority socialist Portuguese government has overcome initial skepticism among market participants and successfully introduced measures to reduce its budget deficit and reform the country's banking system, providing greater stability for investors.

In fact, the upcoming budget is the perfect place to put the legislation with the rest of the permitting reform.

The two - year budget accord signed by President Trump earlier this month contains provisions from a House of Representatives disaster relief bill (H.R. 4460, the Disaster Recovery Reform Act) designed for states hit hard by hurricanes and wildfires in 2017.

New policy decisions announced in the Budget included personal income tax cuts, increased spending on defence and domestic security, and reform of higher education and Medicare.

We know enough to know that a tax reform plan along the lines of the administration's sketch will not substantially increase growth, will blow out the budget deficit and will make America an even more unequal place.

1Generally based on the 2017 tax reform act («An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,» Pub.

The budget calls for tax reform that largely mirrors the House GOP's «Better Way» plan, though it does not mention much of the aspects that would pay for the changes in «Better Way» or other ways to make up for the revenue loss from the rate reductions it calls for.

Yet Republican deficit hawks are balking at an increase in federal spending after the recent passage of the tax reform plan and 2019 fiscal year budget.

Both tax reform and «repeal and replace» appear to be high priorities for the incoming White House and Congress, but because both have tax and spending components they could not be passed through reconciliation instructions from one budget resolution unless they were part of the same legislation.

The main focus of budget 2016 should be on tax cuts (already announced), the CCB, EI reform, growth and jobs.

As an alternative, House Republicans have floated the possibility of adopting a Fiscal Year (FY) 2017 budget resolution early next year (since Congress failed to adopt a FY 2017 budget resolution last year) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacement).

«The Government is working with the FinTech Advisory Group on options to reform the current GST treatment of digital currencies and released a consultation paper for public consideration as part of the 2016 - 17 Budget.

He said Congress should use the reform to close tax loopholes and run budget surpluses while we are at some modicum of full employment.

The combination of Greece's government no longer being able to float the economy by vast borrowing (Greece's budget deficit was over 15 % of GDP in 2009), tax increases, spending cuts, and unimplemented market reforms has led to five straight years of recession.

Massachusetts is where the Obama / Romney model of health insurance reform made the most sense, and even there, Romneycare is eating the state budget.