Sentences with phrase «on a deficit reduction plan»

There is much concern in Washington about the impending «fiscal cliff» of severe cuts to federal programs that will automatically result if Congress and the Obama administration can not agree on a deficit reduction plan by the end of this year.

Tories will have approved of Nick Clegg's tough line on the deficit reduction plan — he even praised the coalition schools policy that his conference rejected this morning, even if he was riding to the rescue a little after the event.

Washington (CNN)-- Republican Sen. Tom Coburn, R - Oklahoma, is pulling out of so - called «Gang of Six» bipartisan negotiations for now — dealing a potentially fatal blow to the group that has been working intensely for some five months to find agreement on a deficit reduction plan.

June 30, 2011 • During President Obama news conference Wednesday, he urged lawmakers to act quickly on a deficit reduction plan, and to approve an increase in the federal debt ceiling.

In a move that many of us in the life insurance business have been warning about for years, the President's National Commission on Fiscal Responsibility and Reform (nicknamed the Deficit Reduction Commission, or DRC), completed its work without a formal vote on the deficit reduction plan coauthored by the Commission's two co-chairs.

Not exact matches

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.

Where this government's failure on growth and jobs has led to their failure on the deficit, the next Labour government will rise to the challenge: action to strengthen the recovery and our economy for the long - term; alongside a tough deficit reduction plan.

He said the figures showed the British government was «on track in reducing the deficit» and added, referring to the situation in Greece: «On a day like this, in a week like this, for the other side to be saying we abandon our credible deficit reduction plan shows how out of touch they are with what is going on in the world today.&raquon track in reducing the deficit» and added, referring to the situation in Greece: «On a day like this, in a week like this, for the other side to be saying we abandon our credible deficit reduction plan shows how out of touch they are with what is going on in the world today.&raquOn a day like this, in a week like this, for the other side to be saying we abandon our credible deficit reduction plan shows how out of touch they are with what is going on in the world today.&raquon in the world today.»

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

The Business Council strongly opposes provisions in the 2009 - 10 Executive Budget that would impose almost $ 770 million in new or increased assessments and surcharges on health care and health insurance, including $ 590 million within the Deficit Reduction Plan.

Yet when we look at the Executive Budget, we see that he as included over $ 800 million in new taxes and assessments on health care and health insurance, including $ 590 million within the Deficit Reduction Plan for the current fiscal year.

He insisted on sticking to Darling's deficit reduction plan and argued that Labour should run for the next general election committed to leaving the current government's cuts to public services in place.

The report will increase the pressure on the chancellor to provide a Plan B to his deficit reduction strategy and reduce the pace of structural fiscal tightening.

After months of indicating he wouldn't run for president, Pataki now says his decision depends on whether the other GOP contenders propose a major deficit reduction plan.

In a joint press conference with Liberal Democrat Chris Huhne, the Tory chairman branded Labour's economic performance «criminal» and pinned the blame for the deficit reduction plan squarely on the shoulders of the opposition.

Alistair Darling's deficit reduction plan was based on decisions and commitments that allowed the recovery to take shape, but ensuring tax increases and spending cuts were fairly balanced, with, for example:

The government's deficit reduction plan is based on growth projections that will not come about without radical deregulation of business.

He continued in this «tough and tender» (his words again) vein when discussing the deficit reduction plan, landing the Lib Dems headlong into the government's strategy, rather than shying away and blaming all the unpopular cuts — as some Lib Dem politicians tend to do — on the Tories, resurrected as the «Nasty Party» by Vince Cable earlier today.

I think the decision to accelerate deficit reduction, compared to the plans they inherited — which was clearly not what Vince Cable wanted — I think that was a mistake... I can disagree with Nick Clegg on some of the things he did but I've no reason to doubt his integrity.»

WASHINGTON (CNN)- The U.S. House on Tuesday night passed the «cut, cap and balance» deficit reduction plan backed by tea party conservatives but dismissed by President Barack Obama, who offered strong praise for another proposal put together by a bipartisan group of senators.

Though voters in the constituency are on balance pessimistic about prospects for the economy over the next few years, they back the coalition's «Plan A» for deficit reduction by a wide margin.

George Osborne's plans amount to a significant attack on some of the most vulnerable people in Britain, and follow the rejection of a range of measures that would help the Coalition to deliver the deficit reduction to which it is committed without falling on the shoulders of the most vulnerable.

The original 2010 plan was based very heavily on growth — more than 60 % of the deficit reduction forecast by this point was supposed to have come from growth.

With a $ 348 million increase in taxes on health insurance already approved by lawmakers as part of the 2008 - 09 Deficit Reduction Plan (DRP), The Business Council strongly opposes an additional $ 481 million in health care and health insurance taxes that are proposed as part of the 2009 - 10 Executive Budget.

In the published extracts, Laws refers to a «policy paper» that Labour's negotiating team brought to the talks that «seemed to indicate tougher action on the deficit reduction than the party had previously planned».

Labour had brought with them a new policy paper that seemed to indicate tougher action on deficit reduction than the party had previously planned.

But New York's wish list comes as Congress and the White House face a Dec. 31 deadline to agree on a deficit - reduction plan and avoid the so - called «fiscal cliff.»

Washington (CNN)-- Sen. Judd Gregg, the senior Republican on the Senate Budget Committee, is expressing doubts about President Obama's plan to create a bipartisan deficit - reduction commission.

WASHINGTON — While most of the debate in Congress over President Clinton's deficit - reduction proposal focused on the plan's controversial tax increases and spending cuts, the omnibus package also contained a number of provisions affecting children, students, and schools.

WASHINGTON — The deficit - reduction package signed by President Clinton last month will put a squeeze on education programs due to caps that essentially freeze discretionary domestic spending over the five years covered by the plan.

The legislation, which had overwhelming bipartisan support in both the U.S. House of Representatives and the Senate, requires the president to detail how the administration will implement the $ 1.2 trillion in sequestration cuts to domestic and defense programs scheduled for the start of 2013 if Congress is unable to agree on another deficit - reduction plan before the end of the year.

Just days shy of its December 13 deadline, a bipartisan congressional committee charged with developing a long - term budget solution agreed on a two - year plan (PDF) that addresses sequestration cuts, establishes top - level budget amounts for FY14 and FY15, and allows both Democrats and Republicans to continue negotiating a deficit reduction plan.

And that will be on top of the 8 percent ($ 3.5 billion) cut that will take effect in the middle of the 2012 — 13 school year as a result of the congressional supercommittee's failure to achieve a national deficit reduction plan.

She got to work implementing a deficit - reduction plan the district had devised before her arrival and that relied heavily on attrition to achieve the savings.

On Dec. 1, 2010, the bipartisan deficit - reduction commission, appointed by President Obama, released its final plan for cutting the U.S. deficit — which included suggestions to pare back the mortgage interest deduction.