Sentences with phrase «out of balance budget»

The Legislature as an institution and the members individually are not blameless, to be sure, but the Governor, who offered the first ever out of balance budget to the Legislature, is hardly the appropriate person to be shooting darts.

Not exact matches

The CAQ has come out swinging with the promise of balancing the province's budget within a year of being elected.
«If you look out into the medium term, the effect is okay so that we can balance the budget in the medium term — and that is around 2014 - 2015 or so, depending on the degree of economic growth,» Flaherty said.
Instead of front - loading austere budgetary measures and cruising to a balanced budget, the government has chosen to stay the course on the plan mapped out in Budgetbudget, the government has chosen to stay the course on the plan mapped out in BudgetBudget 2014.
«Being of Irish heritage, I know that what he must be thinking is that there's a pot of gold at the end of the rainbow and over St. Patrick's Day I'm sure he'll search out a leprechaun to lead him to that pot of gold so that he can balance the budget,» Flaherty said.
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.
Perhaps we will see what they mean when they finally come out with the specifics of their «Balanced Budget Legislation», which they announced in their 2011 election campaign.
The 2018 budget largely evades both options in a chapter entitled Path to Balance: it's 15 pages thick with handy - dandy charts, economic assumptions of modest growth, and holds out the expectation that the Trans Mountain pipeline expansion will go ahead and bring further prosperity to Alberta.
The budget projections underlying these «alternative» budgets are out - of - date, with the result that their policy prescriptions will not achieve a balanced budget by the dates specified.
As a result, the impact of capital spending on the budgetary balance is spread out over its economic life, thereby minimizing its impact on the budget balance.
They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.
«If you look out into the medium term, the effect is okay so that we can balance the budget in the medium term — and that is around 2014 - 2015 or so, depending on the degree of economic growth,» Flaherty explained.
In his first budget last April, Finance Magician Joe Oliver pulled a handful of rabbits out of his hat to achieve the long - promised balanced budget in 2015 - 16.
On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.
In order for this form of passive income to work out, you need to properly balance all the budgets and make sure money is properly allocated.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
The GOP forgot their roots of a balanced budget and getting the government out of our bedroom and life.
In this week setting out the cooperative's annual budget for 2009, Arla chief executive officer Peder Tuborgh said that expected difficulties as a result of the financial climate require a balancing act between producing added - value goods and cost efficiency.
lets all thank arsene for finally doing the right thing only time will tell but have we finally signed the DM we need STRONG MINDED NO HOLD BAR MIDFIELDER WE HAVE ALL CRAVED, but lets take it back we all know it will take 2 or 3 more like minded players to make us great again, he has tricked us all buy buying one superstar in the last 3 windows ALEXIS, OZIL and CHEC great players but can't do it all on their own, spending huge amount of money and saying we can buy the best players, on the surface this looks great we are buying top top players big prices but instead of spending his usual 50 mill on 2, 3, 4, 0r 5 players he has pulled the wool over are eyes with 1 superstar thinking the fans are that dumb enough to believe it, infact he has never spent his budget only balanced on sales too purchases, i love arsenal but this summer i hope for more he needs to do that consistently through out the team spend the same amount on the team stop balancing the american owners, grow a pair say yes we will buy a top defender and a world class striker, stan we love arsenal please be one of us do whats needed then you will fell proud as we are and we will adore you for it.
wenger has made the club profit this window i would have though as well all incomings have been covered out goings and other revenues coming in like c / l monies and squad releases wages being saved i bet we are in a + balance if we went through it properly we do nt know what the budget is so it could be worst there now way wenger has spend # 100 not even # 70 million transfers ospina = covered by the sales of miquel and monies made from cesc to chelsea so nothing really spend there debuchy = covered by the vela money chambers = covered by the vermalen sale # 11 million only goes up to # 16 if he does well in certain circumstances sanchez = covered by the c / l monies and no doubt what we are owed on previous player sales i.e cesc to barca and song monies still outstanding welbeck = covered by wages being freed up and the rest of outgoing transactions and previous player sales being owed so there we have most likely recoup most if not all of our transfer monies back and shafted and lied to puma and the emirates about spending there monies in sponsorship on tranfers and pocketing in» profit» aprox # 60 - 70 million of the transfer funds to boot wenger hang your head in shame
For far too long, schools have balanced their budgets at the expense of student health by selling some of the worst junk food out there, in competition with the healthier, nutritionally balanced school meal.
He has stressed that the Treasury — under his leadership — did loosen the grip, setting out new fiscal rules for a balanced budget by the middle of the next decade.
The governor questioned whether the legislative budget deal will be balanced (we have yet to see the revenue bill, although there's supposed to be one out today), saying he doesn't want to see a repeat of last year, when the Legislature was forced to enact mid-year cuts to address a post-deal deficit.
coumo has no conpassion for the peaple pf ny, he cares more about balancing the budget then he does about the peaple, he has huet the elderly bad and he has gone really overboard on the education system, i can't wait till the next election so i can help the opponent get him out of office
«If spending is out of whack, if he can't balance the budget, then he did the right thing as governor.»
New York City's finances look to be on solid ground, with a strong economy, a balanced budget and out - year gaps that are manageable under current conditions, according to state Comptroller Tom DiNapoli's assessment of the mayor's proposed spending plan, though there are risks in the years ahead.
He pledged to veto all unfunded mandates on local governments if he's elected, and also nix any bill — be it Democrat or Republican — that increases spending and throws the budget out of balance.
The lieutenant governor pointed out there are always challenges in trying to balance a $ 168 billion budget, but she said the state is very aware of the importance of historic tax credits — specifically to upstate cities like Buffalo, Rochester and Syracuse.
Earlier today, Jay Jacobs, the head of the New York Democratic Party, sent out a statement calling on the GOP challengers to Sen. Kirsten Gillibrand to state where they stand on Paul Ryan's plan to balance the federal budget.
Critics, even some who agreed the balance of budget power was out of whack, said this plan would provide too strong an incentive for the Legislature to ignore the executive spending plan altogether.
The governor sounded the alarm a day after delivering a historic 6,681 spending vetoes that left the state's $ 134.4 billion budget at least $ 1 billion out of balance.
«I'm comfortable with the budget that's passed because even now if the budget slips out of balance, we can use the same contingency formula to cover that hole,» Paterson told WOR's John Gambling.
«We've always said that the Budget moves have to be balanced and fair and we're all really proud of taking Britain's poorest workers out of tax altogether and we have to always have a balancing act on this and I think, frankly, most of the party understands that and should be very proud of what we've achieved amongst a tough economic backdrop.
But he continues to warn that the current budget, minus the revenue plan, could easily fall out of balance if some money streams lawmakers are counting on don't come to fruition.
Remember that there was a shortfall that former Gov. David Paterson asked the Legislature to deal with and it did not, leaving this year's budget more than $ 315 million out of balance.
«I've made a career out of finding ways to create growth opportunities, turn troubled companies around, balance budgets and protect American jobs,» added the Watertown businessman.
Cuomo pointed out that 24 percent of Syracuse's budget comes from state revenue, but still Syracuse and other cities say they have a balanced budget.
She said at the end of the day, the county budget balances out and road repair can not be ignored, especially given the effects of a long winter.
In response to Lento's criticism, Cuomo spokesman Rich Azzopardi said that the governor's criminal justice reforms, which were introduced during his annual State of the State address but fell out of the budget, «represent a balanced approach» and were developed «in consultation with activists, criminal justice experts and prosecutors.»
Paterson says the items, as well as a failure to address a potential $ 1 billion shortfall in Medicaid, left the budget between $ 400 million and $ 1.5 billion out of balance.
The current 2011 - 12 budget is falling out of balance by about $ 350 million.
And while he finds it to be fiscally sound and applauds the plan for closing the out year budget gaps, he takes issue with the Governor's Tier VI pension proposal, saying it «does not provide for cost of implementation» while also suggesting Cuomo's budget would «would reduce long - established checks and balances
Lawmakers are also skeptical of Cuomo's promise to balance the budget — without big spending increases — while still funding many of the pricey proposals he laid out in his state of the state, which include upgrades to airports, big investments in economic development and increases in spending on education and workforce development.
Thanks largely to tax refund costs, and to generous compensation for police officers, the county's budget is badly out of balance.
«This same Legislature that claims the budget is out of balance has now added 80 officers they can't pay for.»
The issue was, as it always is, the budget: a swollen $ 136 billion chimera that, $ 9.2 billion out of balance, would require massive cuts to education and health care spending and possible layoffs of state workers, to say nothing of some tax increases.
A year later, NIFA froze the wages of 6,000 county employees and took control of Nassau's finances, saying the county's $ 2.6 billion budget was out of balance by $ 176 million.
The budget, almost three months late and precariously out of balance, relying on revenue that will never be collected, should not be used to advance a social agenda that the majority of New Yorkers do not support.»
Balancing high - flown ambition and ethical housecleaning, Gov. Andrew Cuomo laid out his agenda for 2016 in a speech that did double duty as his State of the State address and a $ 145 billion executive budget proposal.
a b c d e f g h i j k l m n o p q r s t u v w x y z