Sentences with phrase «offset by budget cuts»

Not exact matches

A senior Democratic aide said the party's position is that emergency spending need not be offset by cuts elsewhere in the federal budget, making Pelosi's statement a challenge to Republicans who have insisted that previous aid packages not add to the federal budget deficit.

In one illustrative example from the Congressional Budget Office (CBO), at best one - quarter of the cost of a broad - based cut in individual rates could be offset by economic growth over a decade, and even that assumes future tax increases will ultimately be enacted to stabilize the long - term fiscal picture.

Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.

That's thanks largely to House Majority Leader Eric Cantor, who was the first to suggest additional disaster aid — remember that FEMA only has about $ 800 million on hand, which is less than even New York's estimated storm bill of $ 1 billion — be offset by other budget cuts.

Washington (CNN)- In a sharp turnaround, House Republican leaders Monday dropped a key demand that the cost of extending the payroll tax cut be offset by spending cuts elsewhere in the budget.

Mr. Paterson, meeting publicly in Albany with leaders of the Legislature, also said he would not sign any budget that relied on borrowed money to close New York's $ 9 billion budget gap, a decision that would essentially kill a proposal crafted by his own lieutenant governor, Richard Ravitch, to use short - term borrowing to offset some cuts to government programs.

The president will lay out a budget plan with big increases in defense spending offset by large cuts in domestic programs — exactly, his budget director told reporters, what Trump promised to do on the campaign trail.

In passing a budget that set up the GOP tax - bill debate, Republicans agreed to a $ 1.5 trillion tax cut that would have to be offset by tax revenues at the end of a decade.

Ron Deutsch of the Fiscal Policy Institute said the tax cut is meant to offset the damage caused to small businesses by an upcoming minimum - wage hike that's also part of the budget.

Last week, Mr. Cantor, the majority leader, said that any money the federal government spends to assist storm - damaged areas should be offset by cuts elsewhere in the budget.

In addition to raising hackles among appropriators, such mandatory spending proposals also are subject to PAYGO rules requiring any new spending to be offset by revenue increases or spending cuts elsewhere in the budget.

But as a budget vice tightens on the US government, the administration has begun to rely on two other sources to offset cuts to CDC programmes that have historically been funded by Congress (see «Cut to the core»).

Under the agreement, reached at an intergovernmental meeting here on Tuesday, most program funders will increase their annual contribution by 2 % to 4 % to offset budget cuts by Japan, the country that has been HFSP's largest sponsor since its inception in 1989.

The Trump budget's $ 5.8 billion cut to NIH in 2018 could be offset partly by lowering indirect cost rates.

A growing number of schools are using pupil premium funding for disadvantaged pupils to offset budget cuts, according to polling published by the Sutton Trust and the Education Endowment Foundation.

A small but growing number of schools are using their funding for disadvantaged pupils to offset budget cuts elsewhere, according to new polling published by the Sutton Trust and the Education Endowment Foundation today.

The final budget bill cut state K - 12 spending by nearly $ 800 million, over7 percent — the largest amount in Wisconsin's history — and limited local governments» abilities to make up for these cuts through property taxes.14 That same year, Gov. Walker passed major tax cuts primarily targeted toward corporations and the wealthy that totaled $ 2.33 billion over 10 years.15 Gov. Walker and Act 10 proponents argued that the bill's reforms would allow schools to offset these cuts by reducing teachers» benefits and hiring lower - paid teachers, preventing budget cuts from affecting students.16 Gov. Walker also argued that eliminating requirements to bargain over salary structures, hiring, and working conditions would give schools additional flexibility needed to attract and retain higher - quality teachers.17

The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation