«If this money is simply
plugging budget holes that's not something we are going to be interested in.»
Elsewhere, emerging market central banks and sovereign wealth funds have been selling reserves and risk assets to defend currencies and or
plug budget holes.
Factcheck Please: The money can't be used to
plug budget holes — it never would be $ 700 million for one state, and accepting it would cost districts more money.
(Back in the day, Gov. Mario Cuomo used it to
plug budget holes, too.)
We'll find out whether the new governor will continue Albany's practice of stealing dedicated transit funds to
plug budget holes elsewhere, try again to reduce the state's meager contribution to student MetroCards to nothing, or decide instead -LSB-...]
For some Democrats in Connecticut, the idea is simple: hedge funds have the money and they already get a tax break, so the state could
plug budget holes with a 19 percent surcharge on investment companies.
The new CES and accompanying legislation also propose ways to make the ratepayer funds destined for the Green Bank and for energy efficiency all or at least partially «raid - proof» so the legislature can't do what it did last session and swipe a hefty chunk of those funds to
plug budget holes.
Not exact matches
The letter goes on to say that Chancellor George's Osborne's proposed emergency
budget to
plug the» # 30 billion ($ 43 billion) black
hole» in the wake of a Brexit was «ludicrous,» and «scaremongering born of desperation.
With Albany looking at another $ 9 billion
budget gap to
plug next year, the cycle of transit raids blowing a
hole in the MTA
budget is primed to start all over again.
The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to
plug holes elsewhere in his
budget.
This isn't the first time a governor moved money from the RGGI fund to help
plug holes elsewhere in the
budget.
(Once those
budget holes are
plugged, however, additional money can be spent at the mayor's discretion.)
What started out as a small, off -
budget, temporary surcharge on insurance to help pay for charity care, hospital debt and graduate medical education as New York hospitals deregulated in the late 1990s, has ballooned over 19 years into a multibillion - dollar all - purpose revenue fund that supports dozens of public health programs, and
plugs billion - dollar
holes in the state's general
budget.
So when one line within that
budget is found to have a surplus of nearly $ 140 million — even though it's a fund reserved for county residents» most valuable resource — borrowing from it with the explicit agreement that it will be paid back beats
plugging a
hole with debt payments, plus interest.
New York trails other states in modernizing its 911 systems to handle greater cellphone use, in part because lawmakers routinely divert money intended for that purpose and use it to
plug holes in the state
budget.
Defence
budgets will always be under pressure, but the situation has been made worse by the recent revelations that despite Hammond's efforts to
plug the UK MoD's
budget «black
hole» — defence is still set to suffer deep cuts.
The Assembly approved it in November of that year in a special session to
plug a $ 315 million
budget hole.
Business groups are questioning the Wisconsin Department of Transportation's plan to
plug a looming $ 680 million
hole in the state's road
budget.
State Senator Neil Breslin appeared with Assembly members Pat Fahy and John McDonald, in a show of support for Mayor Sheehan, who implored all city residents, state workers and politicians to blitz state lawmakers in a fund drive of epic proportions to not only land the $ 12.5 million to
plug the
hole in Albany's
budget, but also fix funding formulas so the mayor never needs to pick the tin cup again.
ALBANY — If the state is going to kick in to
plug a
hole in the city of Albany's
budget, so too should the city's nonprofit institutions.
While the executive proposal includes $ 200 million in funding to address the opioid crisis, it does not prevent the state from using the existing funds designated for these programs to
plug other
holes in the
budget, according to Bill Hammond, health policy analyst at the Empire Center for Fiscal Policy, a conservative - leaning think tank.
The Welsh Liberal Democrats have reacted with concern to reports that money meant to support disadvantaged children is being used to
plug holes in school
budgets.
The
budget he delivered this week is chock full of accounting gimmicks and
plugging holes with one time funding sources.
The Minority Caucus's resolution states that the proposed bill acts as a «cash grab to
plug a
hole in the New York State
budget as an alternative to cutting spending.»
Suffolk County lawmakers are set to approve a $ 2.8 billion
budget tomorrow that, according to some, raids an environmental protection fund to
plug holes in the county
budget.
Gregory (D - Amityville) said that while Bellone has not yet proposed a way to
plug the
hole, he expects the issue to arise when
budget analysts update lawmakers on the county's finances in May.
«The
budget director is running amok, and midnight raids on our bank accounts are not responsible government,» said Manhattan Borough President Scott Stringer, whose office now has to
plug a $ 200,000
hole.
[needs update] The job losses would account for some of the cuts announced under the defence review — intended to help
plug the # 38 billion
hole in the defence
budget.
Walker argues he wants concessions to start immediately to help the state
plug an estimated $ 3.3 billion two - year
budget hole.
The cuts to education proposed by Gov. Arnold Schwarzenegger to help
plug a huge
hole in California's fiscal 2009
budget won't be as deep as the $ 4.8 billion originally projected for K - 12 schools, under a revised plan he announced May 14.
The moves Tuesday come as legislators seek ways to
plug a $ 563 million
budget hole.
Labour's shadow education secretary, Angela Rayner, said: «The Tories would take away infant free school meals in order to
plug the massive
holes left by their cuts in school
budgets.
First, the CTU and its backers are sure that the $ 665 million
hole in the
budget, that the school board intends to cover by draining its cash reserves, is easily
plugged and in fact may be manufactured by CPS: «my biggest worry», said one commenter, «is that you use all of these reserve funds and you hit zero next year so that you use that rationale to say «we don't have any more money»».
Use cash to
plug up the
holes I assume every family
budget has
holes in it.
Public museums struggle these days to
plug leaks and
budget holes.
In Washington state, Gov. Jay Inslee (D) has proposed a $ 25 - per - ton carbon tax to help
plug a
hole in the state
budget (Climatewire, Dec. 14, 2016).