Sentences with phrase «offset by cutting costs»

Indeed, Mr. Wagoner of G.M. said that the company was forced to spend $ 1 billion more than it expected on rebates and other discounts during 1997, a figure it has been scrambling to offset by cutting costs elsewhere in the company.

Not exact matches

More than half the cost will be offset by Price's pay cut.
Combined with pressures we observe on profit margins, my impression is that investors may be surprised at the number of companies that attempt to offset earnings disappointments in the coming weeks by pairing those reports with cost - cutting, in the form of layoff announcements.
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.
I suppose you could try to offset the cost of private accounts while maintaining benefits by cutting elsewhere, but let's look at some numbers.
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.
The decision to take funding away from food stamps was made after Republicans on the Senate Agriculture Committee opposed initial efforts to offset the costs of the legislation by cutting conservation subsidies to farmers.
Initially, the tax cut was supposed to cost $ 250 million in M.T.A. - dedicated revenue, to be offset by the state out of general funds, and it was to sunset in three years.
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.
Review Federal Regulations for Repeal — Vote Passed (240 - 185, 4 Not Voting) The measure would establish a commission to review existing federal regulations and identify those that should be repealed in order to reduce costs on the U.S. economy — including those that should be repealed immediately and those that should be repealed over time through a new regulatory «cut - go» system under which agencies could not issue new rules unless the cost of a new rule was offset by repealing existing rules identified by the commission.
The Trump administration reportedly is planning to offset the steep cost of a Mexico border wall by instructing the Department of Homeland Security to cut spending on surveillance technology and freeze the pay of federal officers in the 2019 fiscal year.
The tax cuts may well be more than offset by higher costs for eating or heating.
As industry giants lose patent rights on big - money drugs such as Lipitor and Plavix, they are looking to offset lost revenues by cutting costs and lowering exposure to the risks and expenses of drug discovery and development.
Besides trading carbon allowances among each other, companies included in Shenzhen and other Chinese carbon markets are also able to use offset credits generated by carbon - cutting projects to cover 5 to 10 percent of their emissions as a way of lowering emissions reduction costs.
The Trump budget's $ 5.8 billion cut to NIH in 2018 could be offset partly by lowering indirect cost rates.
The district wants to cut base salaries by 5 % to 13 % to offset the rising cost of pensions and for teachers to contribute to their health benefits.
«School payrolls were cut by almost $ 500 million last year, but mandated increases in costs like pensions offset some of the savings.»
You would hope this cost cutting is offset by a raw and idyllically Italian driving experience, but no.
Rewards card tips to cut the cost of a family trip to Disney World — Make your Disney World dreams come true by offsetting hotel and airfare costs through credit card rewards programs.
The cost of the plan will be offset by unspecified cuts and fundraising, The New York Times reported.
But the extra cost will be offset by an energy audit aimed at cutting power consumption.
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
The first fund dedicated to public health programs and efforts to prevent epidemics will be cut by $ 1.35 billion over 10 years to offset the cost of renewing the other health programs.
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