Sentences with phrase «own deficit reduction plan»

The deficit reduction plan in 2010 was the right thing at the time, but the UK is now entering a «new phase», which will be judged by «a different set of parameters», new Chancellor Philip Hammond tells the Today programme.

David Cameron and George Osborne should apply their U-turning logic to their deficit reduction plans, Ed Balls has said.

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.

«The first priority should be an agreed deficit reduction plan to support economic growth and a return to full employment.

«The data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing economic growth to be weaker than expected.»

Concerns about George Osborne's deficit reduction plan are continuing, despite improved borrowing figures.

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.»

This is the real background to this summer's Spending Review - living standards falling, growth flatlining, a deficit reduction plan wildly off track and a coalition forced to extend cuts to public services into the next parliament.

This is a tough and difficult situation that the economy is in, but the one thing we mustn't do is abandon public spending and deficit reduction plans because the solution to a debt crisis can not be more debt.

Mervyn King may have said, re the deficit reduction plan, that «The right course has been set and it is important to maintain it» but the Shadow Chancellor told Andrew Marr that the Governor of the Bank of England didn't really believe it.

The SFY 2009 - 10 enacted budget, including the SFY 2008 - 09 Deficit Reduction Plan, will include $ 2.3 billion in Medicaid and other health - care «savings» and reimbursement and other reform initiatives.

Public confidence in the coalition is collapsing to such an extent that they are going to adopt a new strategy of claiming their deficit reduction plan is the same as Labour's.

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.

Clegg wanted Cable to speak in favour of the call not to break from the coalition's agreed deficit reduction plan, with his aides pointing out that the deputy prime minister expected all Lib Dem MPs to turn up for the vote.

The deficit reduction plan should largely be explained in moral terms.

The central pillar of the UK Chancellor George Osborne's deficit reduction plan has collapsed.

S. 249 / A. 162 (Parts D, G), A. 158 / S.58 (Part C), A. 160 / S.60 (Part D), Oppose, Deficit Reduction Plan & Executive Budget — Health Insurance Taxes

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.

Gov. David Paterson proposes a $ 5 billion deficit reduction plan to address this year's budget gap, including a $ 223.2 million cut to New York City schools.

«This is a tough and difficult situation that the economy is in, but the one thing we mustn't do is abandon public spending and deficit reduction plans because the solution to a debt crisis can not be more debt,» he added.

He said his party was getting the «brunt of the blame» for «real anxieties about the deficit reduction plans» in Scotland, Wales and the «great cities of the north».

Balls said the autumn statement would show the «full impact» of Osborne's deficit reduction plan: «How that's going to hit the economy, how it's hitting borrowing and the deficit, how it's hitting families, and who's going to pay the price.»

The speech was met with anger by Labour sources, who still feel Mr Clegg sold out his principles when he agreed to the Tories» deficit reduction plan.

The coalition's deficit reduction plan has received a strong endorsement from the International Monetary Fund (IMF).

George Osborne offered up a spirited defence of his deficit reduction plan today, referring to it as a «rock of stability» that will protect Britain from the global financial crisis.

The deficit reduction plan is a Conservative one.

Yesterday's figures could not be worse timed from the point of view of the Government's aggressive deficit reduction plan.

«I am disappointed that none of our state leaders will move forward with our deficit reduction plan except Ellen Jaffe and for that I commend her courage.

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.

That would be because Lipsky, who became acting managing director of the IMF after the resignation of Dominique Strauss - Kahn, recently stood next to Osborne at the Treasury to endorse the chancellor's deficit reduction plan.

His call for a temporary cut in the rate of VAT represents, to his mind, a halfway house between Osborne's deficit reduction plan and Alistair Darling's proposal to halve the deficit over four years.

Business groups are demanding a raft of new anti-strike laws to deal with worker unrest, as the deficit reduction plan takes place.

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.

«Our deficit reduction plan includes major changes in the way the government operates,» Brown said scathingly in reply, mocking Cameron's preoccupation with expenses and the utterly irrelevant state of the Commons.

This morning's ComRes poll for the Independent shows majority concern even among Tory voters for a pause in the deficit reduction plan.

The deficit reduction plan that Fiscal Commission co-chairs Erskine Bowles and Alan Simpson issued in late 2010 established as a basic principle that deficit reduction should not increase poverty or widen inequality.

That's why our deficit reduction plan is not an alternative to a growth plan: it's the very foundation of our growth plan.

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 sight of generous bonus payments as the deficit reduction plan bites and students face crippling university fees would do further damage to Mr Clegg's liberal credentials and play into the Labour account of his role as a «human shield» for the Tories.

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

George Osborne found himself increasingly isolated today as a small army of economists demanded he back down over his deficit reduction plan.

Mr Lipsky acknowledged that the deficit reduction plan would «create some headwinds for near - term growth» but added it would «also assist disinflation and thus it can be countered if necessary by looser monetary policy than would necessarily be the case».

Senator Kirsten Gillibrand wants to see the Bush - era tax cuts ended as part of a deficit reduction plan.

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.

George Osborne faced serious questions about his deficit reduction plan after unexpectedly bad figures for July showed public finances plunging into the red.

Alistair Darling and his deficit reduction plan have not impressed the public.

But as Britain slips back into recession, and as voters in Europe tire of austerity, Labour is uniting around a message that the coalition's deficit reduction plan is fast becoming a liability.

Speaking at Bloomberg, he insisted that the Government's deficit reduction plan is «economically unsafe» and accompanied his forecast with vivid imagery: