Sentences with phrase «permanent cuts in»

The way the mandated $ 10 million payment to reduce the deficit in this budget was covered was by raising the County property taxes by 2 % and $ 8 million was achieved by permanent cuts in the operations of the County.

And those changes enable the bill to pay for a permanent cut in the corporate tax rate, from 35 to 20 percent.

Not exact matches

The positions being cut involve contractual, permanent, unionized and management positions in assembly, engineering, sales, service, after - sales and other support functions.

Since the major tax cuts in the bill are proposed to be permanent, the provisions would likely continue to add to the deficit outside of the 10 - year window.

In the past, temporary solutions such as tax holidays or a one - time check have not been nearly as effective as permanent tax cuts.

Moreover, if those U.S. tax cuts are deficit - financed with hundreds of billions in new debt, it is worth wondering if any tax cuts will really be permanent.

Other non-performers include making the Bush tax cuts permanent (29 cents in added GDP for every dollar it costs the government) and cutting the corporate tax rate (Republican front - runner Sen. John McCain's favorite, but worth only 30 cents).

And they have an interest in making the cut permanent.

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So Senate Republicans decided to comply with the rule by simply having all the most expensive individual cuts in the bill expire, and paying for permanent corporate tax cuts by reducing access to subsidized health insurance and using chained CPI to raise individual taxes over time.

Republicans argue that 2018 is a better year to look at than 2027, as they argue that, despite writing the bill so that individual cuts expire, they hope to make them permanent in the future.

Further catalysts for capital spending could come from the push in Washington DC to reduce regulations and the proposed US corporate tax changes laid out in the Tax Cuts and Jobs Act bill, particularly a permanent reduction in the corporate tax rate and a one - time tax break for repatriated overseas corporate earnings.

Faced with the scheduled sunset of all provisions of the 2001 and 2003 Bush tax cuts and the 2009 stimulus act (as well as a number of other tax laws), and unable to agree on permanent changes, Congress temporarily extended many provisions in the (unpunctuated) Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 2010.

Under CBO's Alternative Fiscal Scenario — which assumes many of the 2017 tax law's expiring provisions and other temporary tax cuts are made permanent, the recent spending deal is extended so that most discretionary spending grows with inflation, and emergency funding for disasters is kept in line with its historical average — deficits will exceed the two - trillion dollar mark by 2028.

In 2006, the Pension Protection Act made the retirement savings provisions of EGTRRA permanent and In 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act extended the Bush tax cuts through 2012 (along with several new tax cuts created by the American Recovery and Reinvestment Tax Act of 2009).

However, all of this changes after a few years, due to official budget rules that limit the cost of the bill to $ 1.5 trillion in total — which therefore means that in order to make the corporate tax cuts permanent, the individual tax relief will completely expire by 2025.

Republicans decided to sunset nearly all the individual tax cuts in order to make the corporate tax cuts permanent.

On Friday, Donald Trump signed the Tax Cuts and Jobs Act into law, a $ 1.5 trillion proposal that gives corporations a massive permanent tax break, temporarily cuts rates for individuals, and repeals the Affordable Care Act's individual mandate — a move that is estimated to leave 13 million fewer insured in the next 10 yeCuts and Jobs Act into law, a $ 1.5 trillion proposal that gives corporations a massive permanent tax break, temporarily cuts rates for individuals, and repeals the Affordable Care Act's individual mandate — a move that is estimated to leave 13 million fewer insured in the next 10 yecuts rates for individuals, and repeals the Affordable Care Act's individual mandate — a move that is estimated to leave 13 million fewer insured in the next 10 years.

To meet this requirement, Republicans end almost all the individual tax cuts in 2025, and make the corporate tax cuts permanent.

Cuts in personal rates would also be temporary while corporate breaks would be permanent.

In honor of our undaunted Speaker, let me give you two more ways in which the Democrats didn't win the showdown at the cliff: 99 % of the Bush tax cuts are now permanent, including the family - friendly features we Porchers keep forgetting to be grateful foIn honor of our undaunted Speaker, let me give you two more ways in which the Democrats didn't win the showdown at the cliff: 99 % of the Bush tax cuts are now permanent, including the family - friendly features we Porchers keep forgetting to be grateful foin which the Democrats didn't win the showdown at the cliff: 99 % of the Bush tax cuts are now permanent, including the family - friendly features we Porchers keep forgetting to be grateful for.

Biblical or Nonbiblical: I was surprised to see that in the whole of the Paulsons» book only a half - dozen signs were composed of Bible verses — including one church in Corinth, Kentucky, which cut the Gordian knot of ever - changing signage by erecting a permanent red - brick diptych with the Ten Commandments engraved on it.

those EU citizens who arrived in the UK before a specified cut - off point (yet to be confirmed) and who have been continuously resident in the UK for five years will be allowed to stay indefinitely by obtaining «settled status», which will be akin to permanent residence or indefinite leave to remain;

Roberto Mancini is keen to cut costs at Eastlands and he will is looking to get rid of some of his unused players and whilst the Magpies would prefer to bring in the former Chelsea man on loan it appears that Man City want a permanent deal so that they can remove the 29 year old from their wage bill entirely.

Bookmakers William Hill have cut their odds on Frank Rijkaard becoming the next permanent boss to just 8/15 and Liverpool owner John W Henry will know that handing January transfer funds to embattled boss Hodgson makes little sense if he is then removed from his post shortly after so therefore the club will look to swing the axe in the very near future.

The rumour that quickly gathered pace was that the supermarket had deliberately replaced permanent South African employees with «scab» foreign labour in order to cut the wage bill.

If the Tories do rear their «true» head & claim that the cuts will (& should) be permanent, then the debate will be between amputation vs cure in how to deal with the deficit, breaking what patina of consensus still remains between political parties over the necessity of the welfare state.

Republicans in the State Senate say, despite the over $ 4 billion structural deficit, taxes need to be cut further and a property tax cap must be made permanent.

Republicans in the State Senate say that, despite the over $ 4 billion structural deficit, taxes need to be cut further and a property tax cap must be made permanent.

There's a chance more GOP challengers join Ward, including Reps. David SchweikertDavid SchweikertRepublican candidate favored in Arizona special House election Ryan leaves legacy of tax cuts and deficits Paul Ryan's successor must embrace the House Freedom Caucus MORE and Paul GosarPaul Anthony GosarOvernight Defense: Over 500 amendments proposed for defense bill Measures address transgender troops, Yemen war Trump taps acting VA chief as permanent secretary Arizona GOP tinkers with election rules with an eye on McCain's seat Some doubt McCarthy or Scalise will ever lead House GOP MORE, or state Treasurer Jeff DeWit, a Trump ally who served as his campaign's operating officer.

Towns voted for the fiscal cliff compromise bill, which made permanent most of the Bush tax cuts originally passed in 2001 and 2003 while also raising tax rates on the highest income levels.

«When you have a # 70 billion permanent hole in the Government's finances, you simply can't propose cutting tax revenue unless you spell out exactly how you are going to pay for it,» he said.

Club for Growth PAC: $ 2,000 The conservative PAC supports candidates in favor of repealing the estate tax and making tax cuts permanent.

While no senators have done so, communications director Adam SmithDavid (Adam) Adam SmithOvernight Defense: Over 500 amendments proposed for defense bill Measures address transgender troops, Yemen war Trump taps acting VA chief as permanent secretary Congress, Trump eye new agency to invest in projects overseas Overnight Defense: House panel passes 6B defense bill What's in the bill and what didn't make the cut Pentagon details «failures» in Niger operation Trump, Kim meeting set MORE said the group's effort helped highlight the role DeVos's money has played in politics.

Councilor Michael Kelly (Ward 2) said at the last Finance and Budget committee meeting that the Common Council will need to make at least $ 600,000 in permanent cuts and another $ 100,000 in temporary reductions this year to stave off a large tax increase in 2019.

If he believes that the state's tax structure is a job - killer and one of the chief reasons why upstate New York remains mired in a permanent recession, he ought to ask for broader tax cuts, including a decrease in the state's personal income tax rate, which tops out at nearly 9 percent (that does not include the additional tax burden placed on city residents, who pay up to 3.8 percent in personal income taxes.)

Such permanent rate hikes and formulas ensure that spending in areas like education and Medicaid continue to explode despite annual budget cuts.

Vince Cable, the Liberal Democrats» Treasury spokesman, said: «What we really need is permanent, fully funded tax cuts targeted at those on low and average incomes, through reductions in income tax, rather than giving a temporary VAT cut, which will primarily reward the big spenders who have loads of money.»

Yes, a subsequent bill with 60 votes in the Senate could make the currently temporary tax cuts permanent.

«The damage from Hurricanes Harvey, Irma and Maria alone are responsible for approximately $ 265.0 billion of the $ 306.2 billion,» Adam SmithDavid (Adam) Adam SmithOvernight Defense: Over 500 amendments proposed for defense bill Measures address transgender troops, Yemen war Trump taps acting VA chief as permanent secretary Congress, Trump eye new agency to invest in projects overseas Overnight Defense: House panel passes 6B defense bill What's in the bill and what didn't make the cut Pentagon details «failures» in Niger operation Trump, Kim meeting set MORE, an economist at NOAA, wrote in a blog post.

Tax cuts for corporations would be permanent while the cuts for individuals would expire in 2026 in order to comply with Senate budget rules.

Cenedella has mostly avoided specific policy prescriptions in his public comments and blog posts, but he currently sits on the leadership council of the Club for Growth, a conservative group that supports a variety of «pro-growth» fiscal policies, pushing to make the Bush tax cuts permanent, repeal the death tax, and overhaul Social Security to allow for personal retirement accounts for younger workers.

Tax cuts for corporations would be permanent while the cuts for individuals would expire in 2026 to comply with Senate budget rules.

In an interview, Zeder, who has collaborated with Miller, sympathized with the museum's plight but argued that while the museum has presented the cuts as a solution to a short - term budget shortfall, «it seems to me counterintuitive to take measures that have a permanent impact on just the thing you're trying to save.»

«Cuts won't touch salaries of permanent people, but will have dramatic consequence in hiring new people and in the financial resources for research,» he said at the conference.

Cutting out carbs results in the rapid shedding of water, but of course, this isn't permanent.

Permanent Pain Cure is a cutting edge research facility developing the newest in medical technology and innovative methods to cure pain.

After 34 years of vagabonding, heavyweight company Theatre for a New Audience cut the ribbon on what will be its first permanent home in October.

The budget - cutting dismissal of 2,100 permanent teachers last year disproportionately affected three schools in low - income and minority areas, violating the state constitutional right of students to an equal and proper education, according to the lawsuit.

With the latest tax bill in place, the Bush tax cuts became permanent, no longer subject to return to the higher levels of the past.