Gordon Brown has used the «c» word for the first time, admitting there will have to be
public spending reductions.
«What the chancellor said yesterday doesn't necessarily mean further
public spending reductions over and above what we've already announced,» he added.
For Jackson and McClymont, shifting the discourse away from «austerity» and
public spending reductions will mean Labour can fight the election on their terms.
Not exact matches
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall
reduction in
spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new
public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
Cutting government services — either temporarily in a shutdown, or permanently through
spending reductions — can disrupt a broad range of commerce and hit American workers and businesses tied to the
public sector.
The peak industry group, which represents more than 60,000 businesses across manufacturing, engineering, telecommunications, mining, airlines and related sectors, will caution the Turnbull government against large cuts but call for careful
spending reductions across aged care, health, the pension system and the
public service to fund a company tax cut as a key priority.
While Governor - elect Andrew Cuomo is a Democrat, he ran on a fiscally conservative platform that had more in keeping with the Senate Republicans» interests — property tax cap,
public employee wage freeze,
spending reductions — than the majority of Democrats (particularly those who hail from downstate) in the Senate and Assembly conferences.
For example, the
public votes for a significant
reduction to
public spending, then blames politicians for the lack of
public services.
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.
The deficit
reduction programme takes precedence over any of the other measures in this agreement, and the speed of implementation of any measures that have a cost to the
public finances will depend on decisions to be made in the Comprehensive
Spending Review.
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.
When we look back at the historical data summarised in Figure 1 below, we find the period since the mid-1980s has been one in which successive governments have opted for small, year - to - year
reductions in the growth of overall
public spending, rather than greater
reductions over a shorter period.
Specifically, the manifesto argues for an end to austerity: the SNP proposal is for a 0.5 % annual increase in
public spending over the course of the next parliament, rather than the
reductions in
spending which George Osborne laid out in his March 2015 budget.
The Democrat's administration says it will be up to state health officials to decide where to make the
reductions, which are intended to make
public health
spending more efficient.
(It seems likely that the main rise in
public spending and
reduction of tax revenue over the 2008 - present period has been due to economic contraction rather than policy change - unemployed people claim benefits, don't pay tax on wages and pay much less VAT on purchases.
«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.
If the effect of these is a fall in the volume of property transactions with a consequential
reduction in revenue, there is then less money to
spend on
public services and it is then hard to see the changes as especially progressive.
Such measures include: broad expansions of executive authority to redirect or reduce funding after the enactment of the Budget and the shifting of billions of dollars in
spending outside the Budget; the appropriation of significant amounts with little detail as to specific purposes or recipients; and
reduction of the independent oversight of
public resources.»
He added: «They have stuck at it but deficit
reduction has come at the cost of an unprecedented squeeze in
public spending.»
The
public is divided, split down the middle, on the merits of deficit
reduction if it means cuts to
spending on
public services.
«We need to let people know that
reductions in
public spending in Wales are lower than the average in the rest of the UK and a lot lower than England,» he said.
We have therefore agreed that there will need to be: - a significantly accelerated
reduction in the structural deficit over the course of a Parliament, with the main burden of deficit
reduction borne by reduced
spending rather than increased taxes; - arrangements that will protect those on low incomes from the effect of
public sector pay constraint and other
spending constraints; and - protection of jobs by stopping Labour's proposed jobs tax.
Miliband: yes, mansion tax and attacks on non-doms, energy companies and unscrupulous landlords, but also tougher immigration controls, continuing deficit
reduction and curbs on
public spending.
Yet in a recent column (#) on
public spending he included this thought on what the Labour Party (or I suppose the Government) could do to achieve further
reductions:
You don't have to like Tony Blair, or what he did to Iraq to concede that he achieved more for ordinary people — increased
spending on
public services, the minimum wage, a
reduction in child poverty, peace in Northern Ireland — than Foot, Kinnock, Miliband or Corbyn combined, by virtue of actually getting elected.
Furthermore, this level of growth will catalyse a steady
reduction in the
public spending - to - GDP ratio, from around 42.4 per cent next year to 42.0 per cent in 2010.
Under the deficit
reduction plans that Ed Miliband put in Labour's manifesto last year, the biggest
reductions in
public spending would come this year — so much for the «wrong time».
«Millions of
public sector workers would (in the short term) face redundancy and the dole queue or massive
reductions in real
spending at a time when their homes would be under threat.»
The Department of
Public Works took the biggest cut with a $ 7.2 million
reduction in contractual
spending.
As Labour starts its leadership contest, the opposition's stance on
public spending and deficit
reduction remains unclear.
Even during the 2010 campaign, some unions — including CSEA — withheld support from Cuomo, thanks all his talk of
public employee pay freezes, union givebacks and government
spending reductions.
On the central economic issues, the Conservatives have secured their red - line commitment to cut # 6bn from
public spending this year, as well as a greater emphasis on deficit
reduction through
spending cuts, as opposed to tax rises.
They are getting less because of the
reduction in
public spending.»
Mr Osborne used an interview with the BBC to confirm that further
reductions in benefits would form part of his package of severe cuts to
public spending to be unveiled on 20 October.
For example, no effort is made to show the increase in
public - school
spending in America during the past 30 (or 50) years, the uses to which that money has been put, the steady
reduction in class size, the huge increase in numbers of school employees, and the various trends in achievement that correlate almost not at all with any of these resource trends.
While we find only small effects for children from nonpoor families, for low - income children, a 10 percent increase in per - pupil
spending each year for all 12 years of
public school is associated with roughly 0.5 additional years of completed education, 9.6 percent higher wages, and a 6.1 - percentage - point
reduction in the annual incidence of adult poverty.
3) The
public thinks less money should be
spent on class - size
reduction relative to the amount
spent on teacher salaries or new books and technologies, if they are told the relative price of each intervention.
For poor children, a twenty percent increase in per - pupil
spending each year for all 12 years of
public school is associated with nearly a full additional year of completed education, 25 percent higher earnings, and a 20 percentage - point
reduction in the annual incidence of poverty in adulthood.
What would Americans in the 1960s reasonably have expected from their
public schools if they had been told that the future promised a tripling in real
spending for education; a major
reduction in class size; and increased job security, higher pay, and sizable new fringe benefits for teachers?
The state's recent $ 4 billion
reduction in
public education
spending has led to hiring freezes and layoffs in many districts.
WakeEd partnered with WCPSS and North Carolina State University to measure economic impact in four categories:
spending impact in local economy, economic value of degrees awarded, future
reduction in
public costs, and economic impact on local wealth.
A 20 % «increase in per - pupil
spending each year for all 12 years of
public school leads to 0.9 more completed years of education, 25 percent higher earnings, and a 20 percentage - point
reduction in the annual incidence of adult poverty.»
When the unified budget is not in surplus, these payments are made through some combination of increased taxation,
reductions in other government
spending, or additional borrowing from the
public.
Utilities are not there to
spend money on global
public goods, which is what CO2
reduction is.
The effectiveness of the national plan in creating jobs and private
spending has prompted these groups to propose a
public / private partnership to strategically focus stimulus dollars that will enable a full - scale building industry revival while simultaneously addressing energy and greenhouse gas emissions
reductions.
This would allow utilities to reclaim up to 100 % of the carbon tax paid by their customers if they
spend the revenue on a carbon
reduction plan approved by the Utilities and Transportation Commission (for private utilities) or the Department of Commerce (for
public utilities).
The first request sought information relating to any additional costs to the MOJ and wider
public sector that may have been created as a result of the
reduction in government
spending on civil and criminal legal aid.
Recently the scope of legal aid funding has shrunk substantially in line with
reductions in
public sector
spending.
Duncan also announced a commission that he said will review the
public service with an eye to speeding up deficit
reduction while protecting health care and education - which make up 70 percent of government
spending.