«Anyone of them would be devastating, and we don't even know what they are,» said Cuomo, who said
the potential federal cuts could range from $ 2.6 b to $ 17b.
Meanwhile, bracing for
potential federal cuts, the new deal specifies that if Congress cuts funding to New York by at least $ 850 million, the governor's budget director will develop a plan to make spending cuts that will automatically go into effect unless the Legislature imposes its own reductions within 90 days.
Erie County Executive Poloncarz says the county is in pretty good shape, although
potential federal cuts could hit hard at a variety of local programs.
Not exact matches
Already this year, some local NPR affiliates went as far as to advertise the
potential federal funding
cuts in their annual pledge drives.
In FY 2014, executives benefited from an upward adjustment for the lost sales attributed to
cuts in the
federal food stamp program, even after executives had publicly downplayed any
potential impact.
Steve Eisman, who disclosed owning Fannie Mae prefs in smalls, implied on TV this week that the DTAs could prove to be a catalyst for action, implying the US Treasury would be called upon to make the GSEs whole on the
potential DTA value impairment due to the proposed
Federal corporate tax
cut.
Now that the government is planning for an $ 8 billion
cut, Â the
potential job losses could drive job losses to between 99,000 and 108,000 full time positions across Canada. At this much higher level, the
federal government could be single - handedly responsible for pushing national unemployment from its current 7.5 % to 8.0 %.
The Committee for a Responsible
Federal Budget estimates that expiring the individual tax
cuts in the bill hides between $ 570 billion and $ 725 billion of
potential costs.
How Trump Administration's Proposed USDA
Cuts Could Harm America's Multibillion - Dollar Wine Industry USDA budget cuts could impact U.S. wine exports Though grape growers aren't supported by federal subsidies, US wine makers could still be effected by potential cuts to the U
Cuts Could Harm America's Multibillion - Dollar Wine Industry USDA budget
cuts could impact U.S. wine exports Though grape growers aren't supported by federal subsidies, US wine makers could still be effected by potential cuts to the U
cuts could impact U.S. wine exports Though grape growers aren't supported by
federal subsidies, US wine makers could still be effected by
potential cuts to the U
cuts to the USDA.
Cuomo has said he wanted more insight into the
federal government's plans in terms of
potential cuts to state before setting the state's own spending priorities.
Cuomo last week blamed the
federal government and
potential cuts from the Republican - led Congress for uncertainty he said at the time could result in a temporary spending plan.
Thousands of upstate retired Teamsters have dodged a
potential pension
cut — at least for now — thanks to a recent decision by the
federal government.
In a TV interview on Sunday, Cuomo echoed Brown's letter, pointing to
potential budget
cuts from the
federal government impacting the state.
Gov. Andrew Cuomo this week has railed against the
potential for
federal government
cuts and their impact on New York's finances, suggesting it has complicated the budget picture.
Gov. Andrew Cuomo this week insisted he won't seek a broad - based tax hike in this year's budget, even as he sounds the alarm over
potential cuts from the
federal government.
NYC Mayor Bill de Blasio proposed an $ 84.86 billion executive budget that includes funding for the beginnings of a pre-K expansion, legal services for undocumented immigrants and more even as the city grapples with the
potential of
federal budget
cuts from Trump.
Comptroller Tom DiNapoli said Cuomo is right to draw attention to over a billion dollars in
potential health care
cuts to the state, now that Congress and President Donald Trump have postponed acting on a new
federal budget.
In addition to
potential changes to the Affordable Care Act, which could cost the state billions in
federal funding, Cuomo said there likely could be
cuts to housing programs and energy assistance for the poor.
DiNapoli said more information is needed to address concerns raised during the budget talks, such as
potential cuts to
federal aid, a premise that drove the governor to successfully receive power over making changes to the budget after it is approved.
With President - elect Donald Trump and a newly empowered, Republican - dominated Congress soon taking control of the
federal budget, the
potential for substantial
cuts in domestic spending poses gargantuan challenges for New York state and city budgets.
«As always, you have to make decisions about how much you can afford to do in school aid and how much money you have to put aside for the
potential impact of
federal cuts in Medicaid and in health care,» Assembly Majority Leader Joe Morelle (D - Irondequoit) said last week.
But the Christie robocall does help Hayworth shore up a
potential trouble spot for her when it comes to the Democratic push that she would support turning back
federal spending for disaster relief that isn't off set by
cuts, a position of top Republican lawmaker Eric Cantor.
As Gov. Andrew Cuomo raises the possibility of an «extender» budget blamed on
federal government - level uncertainty over
potential cuts in spending to the state, the Fiscal Policy Institute has released a report examining the impact of D.C. aid to New York state and local governments.
Cuomo aides have dismissed the notion, but the governor did raise the specter of possible tax increases to cover
potential serious
cuts in
federal funding.
Governor Andrew Cuomo says he may have to call a special session in December to deal with
potential funding
cuts from Washington that he calls part of a «
federal assault» on New York.
The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Governor Andrew Cuomo remains worried about another
potential cut in
federal funds to hospitals that he says will blow a hole in the state budget.
Cuomo won a provision in the budget to make unspecified changes later in the year if needed to react to
potential deep
federal funding
cuts, though the legislature will have 90 days to come up with their own plan first.
Mr. Johnson said he would approach land - use decisions by trying «to get to a place of yes»; that he wanted to take steps to «eradicate hunger in New York City»; and that he would deal with the prospect of tighter budgets — because of the new
federal tax law or a
potential economic downturn — by guarding funding for «programs and everyday things that affect the most New Yorkers and the poorest New Yorkers, to ensure that they don't get
cut.»
Gov. Andrew Cuomo said he may have to call a special session in December to deal with
potential funding
cuts from Washington that he calls part of a «
federal assault» on New York.
Whenever the next update comes out, it probably will show a worsening FY 2018 budget gap, and perhaps even a true
potential deficit for the current year — depending on whether Cuomo forces a post-election special session based on his power to
cut spending in the wake of big enough drops in
federal revenue.
The budget, the product of a long and heated slog at the Capitol, includes measures designed to react to
potential cuts in the
federal level.
Cuomo is worried about changes to the state and local deduction as well
potential cuts to Medicaid spending from the
federal government.
Ultimately, Cuomo received the power to make changes to the budget after its approved in order to have the «flexibility» in reacting to
potential cuts from the
federal government.
It is widely speculated that the councilman is eyeing a
potential run for Sen. Carl Kruger's seat in the event that the scandal - scarred lawmaker
cuts a deal / pleads / is found guilty of the
federal felony corruption charges he faces.
A sobering report to governors about the
potential consequences of repealing the Obama - era health care law warns that
federal spending
cuts probably would create funding gaps for states and threaten many people with the loss of insurance coverage.
The automatic
federal budget
cuts known as sequestration have begun and Vermont Senator Bernie Sanders is raising concerns about the
potential impact on Vermonters.
The mechanism was put in place as the state learned of
potential significant
cuts in
federal dollars.
Cuomo's announcement comes as Puerto Rico braces for
potential federal health care reimbursement
cuts starting next year that could add up to $ 3 billion through 2017.
The state's fiscal picture faces challenges from lower - than - expected revenue growth and the
potential for
federal cuts and tax changes, according to Comptroller Tom DiNapoli's office.
Cuomo says he may have to call a special session in December to deal with
potential funding
cuts from Washington that he deemed a «
federal assault» on New York, saying all hospitals will «need to find savings» and work with state and local governments to make ends meet due to the reductions.
New York City could face up to $ 700 million in
potential federal funding
cuts from the Trump administration, along with more than $ 750 million in
cuts from Albany.
A coalition of
federal lawmakers has spoken out against the new duties, including U.S. Reps. Brian Higgins and Elise Stefanik, who issued a joint statement on Thursday citing concerns over costs for consumers and
potential job
cuts for employees of newspaper and book publishers.
The latest version of a plan to repeal and replace the Affordable Care Act is now dead in Congress, but New York Gov. Andrew Cuomo remains worried about another
potential cut in
federal funds to hospitals that he said would blow a hole in the state budget.
CITY HALL — Mayor Bill de Blasio unveiled a $ 84.67 billion preliminary budget for fiscal year 2018 Tuesday that includes money to pave 1,300 miles of road, adds 40,000 new classroom seats and boosts financial reserves to record levels in case of
potential federal funding
cuts from the Trump administration.
Cuomo won a provision in the budget to make unspecified changes later in the year if needed to react to
potential deep
federal funding
cuts, though the legislature will have 90 days to come up with its own plan first.
Andrew Pallotta, president of the politically powerful New York State United Teachers union, took note of the state's deficit, the
potential impact of the
federal tax law and possibility for more
federal funding
cuts.
Plans for the 2020 mission eased fears about a
potential brain drain at JPL driven by
federal budget
cuts.
They cited such
potential problems as funding
cuts for preschool - age children if
federal aid fell below authorized levels, and a lack of money for children who are too old to qualify for infant - and - toddler programs but too young to be served in preschool...
Anyway, my point is, in all the letters on this topic there is not 1TOTALLY CLEAR
CUT reason (or excuse) to cash in retirement assets, pay the 10 % penalty (under 59 1/2 years old), the
federal and state tax, pay broker fees if applicable AND LOSE the long term growth
potential for the funds for 10... 20... 30 years!!!