Sentences with phrase «own fiscal house»

Licensed insolvency trustees regularly see people who manage to meet their mortgage payments for months, even years, while the rest of their fiscal house falls down around them.
That logic applies to fiscal houses as well as traditional ones, which is why JFK used the line in 1962.
And as budget officer Kevin Page has repeatedly warned, the government lacks a credible plan to put our fiscal house back in order.
But, as Jacob Kierkegaard of the Peterson Institute writes in «The ECB: Using a Crisis to Maximize Leverage,» the ECB wants peripheral members of the EU to first convincingly demonstrate they are undertaking the austerity measures needed to put their fiscal houses in order.
And we said it makes sense to have a smoke alarm in our fiscal house.
Not that other leaders would disagree with the need to keep the recovery going, but debt - burdened European governments are on the cutback trail, with harsh austerity measures aimed at putting their fiscal houses in order.
Obama says that he will «lay out a series of bipartisan proposals that the Congress can take immediately to continue to rebuild the American economy by strengthening small businesses, helping Americans get back to work, and putting more money in the paychecks of the Middle Class and working Americans, while still reducing our deficit and getting our fiscal house in order.»
«We do need to cut the deficit and get our fiscal house in order, but not on the backs of the poor and hungry.
«We've kept our own fiscal house in order, preparing responsibly for the downturn with eight different belt tightenings over the last three years, while spending in Albany has continued to spiral out of control.
Governor Cuomo wants to fundamentally transform New York State's government and economy by getting the state's fiscal house in order, radically redesigning our governmental structures and operations, and restoring integrity and performance to state government.
Latimer, whose first budget will not be voted on until November, said: «To move the State of our County forward together — we must understand where our fiscal house stands.
Regardless of the final shape or size of federal stimulus legislation, unless New York puts its fiscal house in order, increased federal assistance will only mask our current structural problems, not provide a permanent fix.
Reforms adopted in recent budgets, and carried forward in the current proposal, are important not only for bringing the state's fiscal house into order, but for improving New York's economic climate as well.
Not only can we simply not afford to continue the reckless spending that has ballooned our debt to unsustainable levels, but we also have a moral obligation to future generations to get our fiscal house in order,» Donovan said.
«Republicans burned down our fiscal house, and now you show up with a so - called balanced budget amendment and act like the volunteer fire department.
ALBANY, NY (01/05/2011)(readMedia)-- Declaring New York State at a crucial crossroads, Governor Andrew M. Cuomo today outlined during his first State of the State Address an action plan to fundamentally transform New York State's government and economy by getting the state's fiscal house in order, radically redesigning our governmental structures and operations, and restoring integrity and performance to state government.
This has all been distilled into Cuomo's five - point, single - page pledge: clean up Albany; get the state's «fiscal house in order»; «rightsize» its government; and restart its stalled - out economy.
«Cuomo's property tax cap will be a central part of his economic plan because he knows we can not get New York's fiscal house in order without holding the line on the spending and tax hikes that squeeze New York families and stifle economic growth.»
As the fiscal house for Erie County, I was happy to support an audit of the Legislature to ensure we were operating as efficiently as possible.
The mailer basically argues that by backing federal spending cuts and helping create jobs, Corwin will be «getting America's fiscal house in order... the best insurance for our seniors.»
Molinaro also said the state should have some responsibility in getting its own fiscal house in order.
Assemblymember Mark Schroeder said, «Governor Cuomo has laid out a bold agenda for reform that not only gets our state's fiscal house in order but puts New York on a path for future economic growth and job creation.
«Putting our fiscal house in order has been one of my top priorities as County Executive, and these ratings are a reflection of the hard work we have done to solidify our... Read more
Rep. Chris Collins wasn't one of them, saying the state needs to get its own fiscal house in order.
«I commend the union and its leadership for making a significant contribution to help get the state's fiscal house in order and making the shared sacrifices these difficult times require.
It calls for painful but necessary measures to get our fiscal house in order.
«First, we need to get our fiscal house in order by controlling taxes and spending and appropriately addressing our long - term unfunded liabilities so that companies have the confidence to invest in our state,» he said.
«Putting our fiscal house in order has been one of my top priorities as County Executive, and these ratings are a reflection of the hard work we have done to solidify our financial position and put County Government on a stable fiscal footing,» Picente said.
But, if we can put the state's fiscal house in order, we can create an environment that will lead to economic development and create jobs for all New Yorkers.»
The amendment, which would take effect in the 2020 fiscal year, will squeeze Cuomo's fiscal house.
The borough president warned that the MTA, which is $ 30 billion in debt, is «a fiscal house of cards,» which threatens to sends the city's economy «to a screeching halt.»
Therefore, Slemrod says, one farsighted action may plausibly help the economy: convincing the general public that the federal government is committed to getting its fiscal house in order.
It hired the New York City consulting agency of Alvarez & Marsal, which specializes in turning around failing businesses, to get its fiscal house in order.
Here we go again, our fiscal house is in crisis from Chicago to Springfield, and the future of Illinois» students and teachers is on the line.
«People tell me that they appreciate our efforts to get the state's fiscal house in order and that now is the time to use savings to help our students prepare for the future.»
Unlike in Europe, North America and Japan, where governments are burdened with budget deficits, the governments of leading emerging countries have put their fiscal houses perfectly in order.
Freddie Mac has released the results of its second quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house.
Not only would a debt default destroy the U.S. finances, but it would also damage the fiscal houses of governments and banks around the world.
Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house.
«Given the significant role that housing plays in the economy, policymakers need to take a long - term, holistic approach to housing finance reform and carefully gauge how it affects other efforts under way to get the nation's fiscal house in order and achieve long - term economic growth.»

Not exact matches

The White House released its fiscal year 2014 budget proposal today.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
On the other hand, fiscal belt - tightening seems to have offset the housing stimulus effect on employment, with the sequester leading to decline in the commercial sector despite a pick - up in residential projects.
A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.
For months, Republican and Democratic leaders in the House and Senate have been working behind the scenes to broker a deal on overall spending levels for the current fiscal year, which already is two months old.
That will likely stir opposition from Tea Party members and fiscal conservatives in the House.
«We think this deal more than meets investors» expectations for fiscal year 2018 but the details will matter as appropriators get to conferencing respective House - Senate positions on major programs.»
«[We] feel strongly about Congress and the White House getting the fiscal and budget process in order to refuel economic recovery.»
But the Fed also knows that the apparent inability of the Congress and the White House to agree on taxes and spending will leave the U.S. fiscal policy on an arbitrary path of substantial restraint.
Fitch Ratings said on Monday that the House bill could add to the fiscal strain in some states and local jurisdictions by limiting their tax - raising flexibility.
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