Not exact matches
The Congress faces an array of
policy choices as it confronts the challenges posed by the amount of federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt
over the coming decades if the large annual
budget deficits projected under current law come to pass.
Large and growing federal debt
over the coming decades would hurt the economy and constrain future
budget policy.
A «real
budget «would put aside optics and ideology and undertake a review the government's fiscal
policy and ask how it could be adjusted to strengthen economic growth and job creation, while maintaining a sustainable fiscal structure
over the medium term.
The
budget proposes $ 3.3 trillion in net
policy savings
over ten years, the result of $ 4.9 trillion of largely unspecified spending cuts and $ 1.6 trillion of tax cuts, in addition to $ 1.4 trillion of claimed savings due to increased economic growth.
Finally, the PBO expresses concerns
over the lack of detailed costing information for new
policy initiatives and a plan to secure the spending restraint savings announced in the 2010
Budget.
It is a
budget that demonstrates the government's inability, or unwillingness, to engage in public discussion and debate
over ideas and
policy.
Likewise, recent estimates by the Tax
Policy Center and the Penn Wharton
Budget Model show that dynamic effects would marginally reduce the revenue loss in the first decade but significantly increase it
over the long run because of the economic consequences of higher debt.
Fiscal
policy has become more expansionary
over the past year, with the recent fiscal package contributing to an estimated federal
budget deficit of just
over 4 per cent of GDP this year, up from around 1 1/2 per cent in 2002.
The Minister claimed that the «International Monetary Fund's annual review of Canada's economic developments and
policies, which strongly supports the Government's plan to return to balanced
budgets over the medium term».
According to the Congressional
Budget Office (CBO), recent changes to tax policy and the budget will increase the U.S. Treasury debt burden by a combined $ 1.8 trillion over 10 years ($ 1.46 trillion from tax policy and $ 320 billion related to the recent federal budget increase, on a «gross» b
Budget Office (CBO), recent changes to tax
policy and the
budget will increase the U.S. Treasury debt burden by a combined $ 1.8 trillion over 10 years ($ 1.46 trillion from tax policy and $ 320 billion related to the recent federal budget increase, on a «gross» b
budget will increase the U.S. Treasury debt burden by a combined $ 1.8 trillion
over 10 years ($ 1.46 trillion from tax
policy and $ 320 billion related to the recent federal
budget increase, on a «gross» b
budget increase, on a «gross» basis).
Talks extended in the weekend to negotiate an agreement
over the provision, one of the more contentious
policy measures included by Gov. Andrew Cuomo in his $ 152 billion
budget proposal.
He'd even struggle to control his own government ministers as they fought
over policy and
budgets.
The onus should be on the EU to justify their intended
policy of taking
over control of national
budgets, not on the Conservatives to defend their belief - a belief shared by a majority in the UK - in national economic control, rather than control by an outside agency.
Since becoming speaker 12 months ago, Heastie has had few public
policy disagreements with Cuomo, save for the tug - of - war
over education reform measures in last year's
budget.
Heastie, in the interview, sounded a note of alarm
over the governor tying
policy such as income disclosure proposals to spending in the
budget.
But it's clear now that Cuomo is not willing to let hangups
over education
policy be the cause of a late
budget.
With time running out, Congress today easily approved a short - term spending bill that would prevent a partial federal government shutdown
over the weekend, but departed in advance of the president's first 100 day milestone (tomorrow) with addressing two of his top
policy priorities: health care and a year - long
budget deal.
In that instance, the Legislature went to court
over Pataki's initial executive
budget submission, saying it inappropriately contained significant changes to education and health care
policy in appropriations bills.
New York is short $ 4.4 billion, and there's uncertainty
over federal
policies, including the overhaul of the tax code, that could leave the state with even a bigger
budget hole in the future.
The governor can insert
policy into the
budget, granting him a degree
over leverage in the process.
The state faces an
over $ 4.4 billion
budget gap, as well as funding cuts and
policy changes from Washington that could cost New York and some of its taxpayers billions of dollars.
The Chancellor's commitment to protect the Science
Budget in real terms
over the life of this Parliament is a positive first step but sadly does not go far enough to compensate for the # 1 billion lost to the research base
over the past five years due to the Government's flat - cash
policy.»
Obviously, there has been much talk about the political fight that Cuomo and Silver are likely to have
over budget cuts, and controversial fiscal
policies like a property tax cap.
Cuomo also said he's standing firm on ethics reform, and called debate
over the inclusion of
policy proposals in the
budget a «red herring.»
Cuomo's linkage of
policy to spending in his $ 142 billion
budget plan hinges on a court ruling that sided with Republican Gov. George Pataki that granted the governor broader latitude
over the
budget and emergency extender process.
As Gov. Andrew Cuomo raises the possibility of an «extender»
budget blamed on federal government - level uncertainty
over potential cuts in spending to the state, the Fiscal
Policy Institute has released a report examining the impact of D.C. aid to New York state and local governments.
Governor Andrew Cuomo has repeatedly threatened to hold up the state
budget over ethics reform and other issues, like education
policy.
Though Mayor Michael Bloomberg had warned of great chaos if the law was not renewed, his allies on the Board of Education kept his
policies in place and the law was eventually renewed, with tweaks like giving the Independent
Budget Office more oversight
over spending.
ALBANY — Several Democratic Assembly members and a top Republican state senator say they still want to see new
policies to address sexual harassment in the state
budget, even though there are concerns about the negotiation process and disagreements
over how best to tackle the issue.
With reports trickling out of Albany that Gov. Andrew Cuomo has reached a tentative deal with lawmakers
over the state
budget and education reforms, local educators are calling for an independent commission to help develop
policy moving forward.
The New York State Assembly and Senate have released
budget positions that focus on taxes and spending
policies, but very little on ethics reform, even though both former leaders of the legislature face prison sentences
over corruption convictions.
E.J. McMahon, research director of the Empire Center for Public
Policy, said that for the first time since Cuomo took office in 2011 — when he reached a wide - ranging pact
over Medicaid spending with various interest groups — such spending could be a major issue in the 2018
budget.
Additionally, my committee has jurisdiction
over the city's Banking Commission, Department of Design and Construction, Department of Finance, Independent
Budget Office, and Office of the Comptroller, as well as reviewing and modifying the City
Budget and municipal fiscal
policy and revenue from any additional sources.
Stay loyal
over policies like cuts to local school
budgets and they risk losing next time around.
Leading climate economist says radical
policies needed as IPCC calculations show planet has used up
over half emissions
budget
The congressman said Cuomo is attempting to use the
budget to sneak in legislation on
policy and give himself unilateral authority
over economic development dollars.
He seemed to almost dare legislators who are balking
over education and health care cuts and key
policy issues like prison closures and the med - mal cap to challenge him to a game of
budget chicken.
The battle has potential consequences for New Yorkers as discussions will begin soon
over a $ 150 billion - plus state
budget and an array of
policy issues, from immigration and funding for legal services for the poor to whether to legalize ride - hailing upstate or permit physicians to assist terminal patients end their lives.
Also not included are other contentious
policy issues that the governor has insisted upon including in the
budget talks — a tactic of his that he has employed with increasing frequency
over the years.
ENDS Notes to Editors UK Alcohol duty context For a short video summary of the issues around alcohol pricing, please visit: https://vimeo.com/191959217 Following heavy lobbying from the alcohol industry, the last four
Budgets have seen real terms cuts in alcohol duty Alcohol is 60 % more affordable than it was in 1980 — the alcohol duty escalator, introduced in 2008, which ensured that duty rose above inflation, helped mitigate this trend, but this progress has reversed since the duty escalator was scrapped in 2013 In real terms, spirits duty has halved, and wine duty fallen by a quarter since 1978 - 9 The Government estimates suggest that the duty cuts since 2013 will cost the Exchequer # 2.9 billion
over four years The University of Sheffield estimated that an additional 6,500 people would be hospitalised each year as a result of the alcohol duty cuts in 2015 The report The report was peer reviewed by academic experts the fields of economics, public health and public
policy prior to publication.
As
budget negotiations — which are conducted behind closed doors among the governor and three top legislative leaders, out of sight of even other lawmakers — unfolded
over the past week, it became increasingly clear that the Legislature would punt
policy issues such as gun control or bail reform to after the
budget's April 1 deadline, in favor of financial considerations.
Gov. Andrew Cuomo signaled today that the contentious issue of mayoral control
over New York City public schools — along with several other major
policy debates — will «more likely» be decided during the regular legislative session, after the state
budget deadline of April 1.
The Committee to Save New York has made public, under state lobbying disclosure rules, that they've spent
over $ 12 million dollars on advertising and other promotions of Governor Cuomo's
policy agenda, including a property tax cap and
budget cuts.
Lori Pelletier, who as president of the Connecticut AFL - CIO has battled with Malloy
over budget cuts and tax
policy, said she does not expect the governor to change in the second half of his second term.
Cuomo is tying much of the increase to approval of his education
policy changes in this year's
budget, including a new teacher evaluation system, addressing failing schools by having them taken
over by a state monitory and a strengthening of charter schools.
Christie and Malloy have clashed repeatedly — and quite publicly —
over both personality and
policy, particularly when it comes to negotiating with public employee unions, pension reform and
budgeting.
«The data that we have collected
over the past three years shows that participatory
budgeting is a gateway to civic engagement for New Yorkers that are often left out of politics and government such as youth, immigrants, and low - income people,» said Alexa Kasdan, Director of Research and
Policy at the Community Development Project at the Urban Justice Center.
E.J. McMahon, research director for Empire Center for Public
Policy, said he believes the debate
over the millionaires» tax has gained the most attention out of the executive
budget.
The board would have the power
over every aspect of the sprawling school system, from
budgets to
policies to appointments.
Governor Cuomo has repeatedly threatened to hold up the state
budget over ethics reform and other issues, like education
policy.