Sentences with phrase «reduce federal spending»

People do not appreciate how tough it is to reduce Federal spending when there are established intrests to protect them.
They believe that they can reduce federal spending by 50 % without any impact on unemployment, or cuts to the U.S. military or significant cuts to the social insurance program.
Federal incentives for vehicles such as the battery - powered Tesla Model S and Chevrolet Bolt — which are as much as $ 7,500 — could be cut or eliminated to help make good on Donald Trump's campaign pledge to reduce federal spending, says AutoPacific analyst Dave Sullivan.
But such big - ticket items clash with the demands of congressional Republicans to reduce federal spending.
U.S. has launched winners in the past Failures of high - profile government investments in clean energy technologies could give more weight to critics of federal intervention in the economy and Republican pressures to reduce federal spending.
But he says it was the culmination of a soul - sapping and ultimately unsuccessful battle with the Office of Management and Budget (OMB) on how to accommodate the rising cost of the James Webb Space Telescope within an overall agency budget being squeezed by efforts to reduce federal spending and shrink the deficit.
It can be argued that cutting Medicaid spending in Wisconsin could reduce federal spending.
The changes they're seeking are dramatic, and would reduce federal spending by $ 10.5 trillion over 10 years.
Such provisions, they argue, are intended to alter how the insurance market works, not to reduce federal spending or increase revenue.
«Eliminating these Obama - era pet programs will help us reduce federal spending in the energy sector and promote private - sector energy production and innovation,» the House budget document reads.
The SBA has estimated that the sequester will result in $ 4 billion less revenue for small - business contractors as a result of reduced federal spending.
The analysis does not include an additional cost of the legislation: its repeal of the individual mandate, which the Congressional Budget Office estimates could cause as many as 13 million fewer people to have health insurance, reducing federal spending for poor and middle - class Americans» health insurance by $ 338 billion over 10 years.
Reducing the GST by two percentage points created a structural deficit that the government has closed by gradually reducing federal spending expressed as a share of GDP.
While reducing federal spending during an economic slowdown was not the President's preference, he recognized the political realities and undertook a series of negotiations with the Republican Speaker of the House, John Boehner, aimed at achieving a compromise plan to reduce the deficit over time through a combination of spending cuts and revenue increases.
For those of you too young to remember the early 80s, President Reagan once caused a ruckus by attempting to lower school food nutrition standards as a means of reducing federal spending on the program.
But it did provide talking points for House Republican leaders who need conservatives support to pass the measure: lower deficits, reduced federal spending and tax cuts.
Romney, like most of the Republican candidates, has largely embraced positions held by party activists: committing to repeal the health - care law signed last year by Obama; calling for reduced federal spending, but no tax increases, to balance the budget; and opposing same - sex marriage and abortion.
The voluntary buyouts are intended to prepare the lab for a second round of automatic cuts that will occur in 2014 unless Congress agrees on another approach to reducing federal spending, say Oak Ridge Director Thom Mason.
These changes promise several hundred billion dollars in reduced federal spending and increased taxation.

Not exact matches

With the relentless pressure to cut federal spending, digital solutions like telemedicine — which expands access to care and reduces costs by up to 90 % — will become a key part of that equation.»
Trader Joe's agreed to spend $ 2 million to reduce refrigerator coolant leaks at 453 stores, to settle federal claims it failed to promptly repair leaks that deplete the ozone layer and contribute to global warming.
He would reduce the federal debt and deficit by cutting federal spending, nearly in half.
The commission recommended several reforms including reforming civilian and military retirement programs, reducing agricultural program spending, eliminating in - school subsidies in federal student loan programs, and giving the Pension Benefit Guarantee Corporation the authority to increase premiums.
Our refusal to expand Medicaid does in fact help to reduce the growth in federal spending, which is yet another reason why every state should do the same.
Long maturity (30 year) U.S. Treasuries sank on bets that President Trump will boost spending, while shorter - dated Treasury Notes rallied amid reduced bets on a Federal Reserve interest rate hike in December.
If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.
That would offset, in part, reduced spending by governments — federal, state and local.
The only variables he admits are structure - free: The federal government can indeed spend more and reduce interest rates (especially on mortgages) so that the higher mortgage debt, student debt, personal debt and corporate debt overhead can be afforded more easily.
All they have done is give the government an excuse to cut government spending and reduce the size of the federal government.
There were several possible catalysts suggested for this spike in concerns about a favorable outcome of the debt ceiling negotiation, which has to be concluded ahead of the Treasury's X Date, now expected as early as October 1: some cited Steven Mnuchin's interview on CNBC, in which the Treasury Secretary said that the additional spending needed to help Texas recover from Hurricane Harvey may reduce the amount of time Congress has to increase the federal debt limit; another possibility was month - end liquidity needs and relative positioning across the curve.
With regards to health care and other spending, they could work toward a deal with a mini-bargain to address paying for sequester and disaster relief, reducing mandatory spending, and improving the trajectories of federal health spending.
Fresh food — natural food — sham — The popular U.S. grocery chain Trader Joe's Co agreed to spend $ 2 million to reduce refrigerator coolant leaks at 453 stores, to settle federal claims it failed to promptly repair leaks that deplete the ozone layer and contribute to global warming.
The popular U.S. grocery chain Trader Joe's Co agreed to spend $ 2 million to reduce refrigerator coolant leaks at 453 stores, to settle federal claims it failed to promptly repair leaks that deplete the ozone layer and contribute to global warming.
But several conservative Republicans, including Harris, believe the debt ceiling should be raised only if it comes with spending controls to reduce federal budget deficits.
1) Repeal Obamacare; Pursue Patient - Centered Care 2) Stop the Tax Hikes 3) Reverse Obama's Spending Increases 4) Scrap the Code; Replace It with a Flat Tax 5) Pass a Balanced Budget Amendment 6) Reject Cap and Trade 7) Rein in the EPA 8) Unleash America's Vast Energy Potential 9) Eliminate the Department of Education 10) Reduce the Bloated Federal Workforce 11) Curtail Excessive Federal Regulation 12) Audit the Fed
If U.S. federal violence containment spending was reduced by 5 % each year for 5 years, the $ 326 billion saved funds would be sufficient to entirely update the energy grid, rebuild all levies, and renew the nation's school infrastructure.
There is no regulatory requirement that federal reimbursements for free and reduced price meals be spent only on those meals or that records differentiate between the costs and revenues of the various aspects of the school food program.
Stung by the expiration of federal aid intended to help states balance budgets as they seek to recover from the recession that began in 2008, the final budget is also expected to include another cut in local aid to cities and towns and to call for reduced growth in the rate of spending on education and health care, although special education is one of the few areas in which significant investments appear imminent.
Gov. Cuomo also proposes a healthcare redesign to enact the federal health exchange which would cover uninsured New Yorkers who can not afford coverage, reduce insurance costs to covered individuals, and reduce spending for small businesses.
The state could lose even more if a proposal is enacted to place caps on Medicaid spending and make it more a block grant program that would likely reduce federal health care spending to the state, he said.
Who: The Blue Dogs What They Want: This group of about 50 House Democrats is dedicated to lowering federal deficits and creating greater health - care cost controls (though not necessarily reducing spending in their districts).
«Reducing unnecessary spending allows the City to direct resources effectively and build larger reserves as New York City's economy shows signs of slowing and uncertainty remains around the future of federal funding,» wrote Riley Edwards, CBC research associate, in a blog post.
«Elise unfortunately voted to reduce future funding for Pell Grants,» said Derrick, who called for an increase in federal education spending.
As a Republican, how do you balance the need for spending cuts and reducing the deficit and the debt with the desire for constituents to get some federal dollars to this area that has been struggling so with the economy?
According to the mayor, the state budget reduced education spending next year by $ 1.2 billion, while the city also lost $ 850 million in federal stimulus money that's used to support teachers» salaries.
That is, Republicans may be hoping that without the break on federal taxes I was getting for my high property, city and state taxes, I may vote to reduce taxes — and thus spending — at all levels of government.
«No rational analysis says that we can begin to reduce the size of the federal deficit without a combination of cutting spending and raising revenue,» added Bloomberg.
Cuomo's aides said he needs the authority to hold back spending without legislative consent in case the federal government drastically reduces the aid due to New York.
Soon after President Richard Nixon took office in 1969, it was widely reported that his administration was considering a federal VAT with the revenue to be shared with state and local governments to reduce their reliance on property taxes and to fund education spending.
The radio ads criticize Buerkle, claiming she supports a Republican bill to cut federal education spending by 40 percent, as well as reduce science and technology research spending by 40 percent.
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