Sentences with phrase «own budget balanced»

Keep the budget balanced or run a small surplus, then have a «rainy day» fund for emergencies.

«This will cause significant strain to that budget balance problem in the long term.»

«The improvements in Portugal's general budget balance have been rather remarkable,» she said.

«The strong improvement of the budget balance in 2017 was to a large extent the result of the improving economic environment,» Maartje Wijffelaars, an economist at Rabobank, told CNBC via email.

«Going forward it's important that the government does more to also improve the structural budget balance.

«It is thus important to realize that in the current environment of low long - term interest rates, fiscal prudence does not require bringing the annual budget balance to zero almost immediately,» he wrote in a paper for the Bennett Jones law firm.

Well then, Stephen Harper will need to cut billions from spending to meet the 2015 deadline for budget balance that Flaherty reaffirmed today.

The Liberals have argued the asset sale plan is a one - time measure to keep the budget balanced until the economy improves.

Fiscal sustainability depends on the debt - GDP ratio, not the annual budget balance.

Interestingly, though, the Department of Finance just came up with a new feature for the 2012 edition of the Fiscal Reference Tables, which were made public on Friday: estimates for the «cyclically - adjusted budget balance.»

But under accrual accounting rules this borrowing does not appear on the budget balance.

Estimating the CABB requires breaking down the budget balance into two components: the «structural balance» we would observe if the economy was operating at capacity and the cyclical factor.

Secondly, the revenue losses are too small to explain the movements in the budget balance.

Using the sensitivity analysis provided by the Department of Finance in the April Budget, a reduction in real economic growth of 0.6 percentage point would result in deterioration in the budget balance of approximately $ 2.5 billion in 2015 - 16.

These include publishing: • Historical estimates and medium - term projections of the economy's potential GDP, as well as the methodology and assumptions used; • Medium - term projections of the Government's structural, or cyclically - adjusted budget balance as well as the methodology and assumptions used; • The assumptions, projections and methods to translate the private sector economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses of the provincial - territorial government sector that it prepared.

As we said above the budget balance is the difference between two very large numbers.

Panel 3 provides an estimate of the net impact of the proposed spending and revenue increases on any future budget balance.

It would then directly affect the federal government's budget balance.

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.

The separation of a current services budget and capital budget should result in a better understanding of the overall budget balance.

You can be sure that the 2015 budget will forecast a budget balance in 2015 - 16.

On - budget balance, which excludes Social Security and the Postal Service, is a less ambitious fiscal goal than the House budget's goal of balancing the unified budget.

[5] Department of Finance Press Release: Ensuring a Strong Retirement System, Support for Provinces and Territories while Moving Towards Budget Balance: December 20, 2010

Budget balance has been achieved despite a slowing economy and new tax cuts mainly by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.

The numeric average of different forecasts can be argued to provide a sense of confidence that the government is not providing upward bias to its projections that would facilitate hitting its 2015 budget balance targets.

As a result of both lower revenues and higher program expenses, the primary budget balance (revenues minus program expenses) is projected to be $ 98 billion lower in 2050 - 51.

All three are now talking about budget balances, or near misses and a short delay in getting there if revenues fall short.

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A dramatic increase in debt differs starkly from the rumored goal of on - budget balance for the overall Senate budget resolution.

He has never come up with a vivid, fact - based narrative for his spending cutting, budget balancing record as governor.

Melissa Busse is a freelance writer covering a variety of topics, including natural health and beauty, budget balancing and parenting.

«The deficit needs to be reduced and the budget balanced, but not on the backs of middle - income families and not at the expense of Social Security and Medicare.

Under Labour's plans, budget balance would not be achieved until the end of 2017/18.

The Coalition plan is for structural budget balance by the end of 2015/16.

The Osborne plan (and the Coalition Agreement) called on Conservative and Liberal Democrat ministers to achieve a cyclically - adjusted target to reduce government debt as a share of national income between 2014 - 15 and 2015 - 16 and, politically and economically most significant, to do so by achieving a budget balance by the end of the Parliament.

«This upgrade is based on our view of a strong state budget management framework as indicated by New York State's recent history of improved structural budget balance with a strong focus on spending restraint and on - time budgets,» wrote S&P analyst David Hitchcock.

In its own ratings upgrade, S&P cited the state's improving budget balance and spending plans that limit increases at 2 percent.

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.

The increase puts an extra $ 2.6 million in county coffers, which rely more and more on sales tax dollars to keep the budget balanced.

«Since 1978 this process has been an efficient and successful management tool to keep current year and future budgets balanced,» Sommer said.

A summary schedule of recommended budget balancing changes by account is presented as part of Resolution 2010 - 40.

Osborne has gone a step further than the Liberal Democrats and Labour by swapping his aim of a current budget surplus, which excludes investment spending, to an overall budget balance.

«The enacted budget avoided much of the fiscal gimmickry of the past to attain budget balance, and it starts to address the long - term implications of the structural imbalance in the state's finances,» DiNapoli said.

At a time of deep cuts to school and local authority budgets it was inevitable that schools would simply absorb this grant to try to make their budgets balance.

Generally speaking, local leaders seemed miffed at the very idea that state lawmakers, who aren't exactly known for their fiscal discipline, would seek to limit spending at the municipal level when they can barely keep their own budget balanced.

In 2011 the CPC introduced what it called the People's Budget, which reached budget balance in 10 years according to an assessment by the Economic Policy Institute based on nonpartisan government data.

Instead, at the first glimmer of budget balance since 2000, the Governor is proposing to create a series of projected budget gaps for future years.

We balanced the budget by taking a number of resources away from the MTA and we projected it out of far as 2013 to keep the budget balanced.»

A summary schedule of recommended budget balancing changes by account is presented, followed by resolution 2009 - 51 and related budget charts and schedules in the document at the link below.

The budget document includes a summary schedule of recommended budget balancing changes by account followed by resolution 2008 - 57 and related budget charts and schedules.