Sentences with phrase «reduction in government spending»

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.
Although Trump succeeded in lowering taxes, the cuts weren't accompanied by an equal reduction in government spending.
The deceleration is likely to result from a reduction in government spending on infrastructure and social welfare to moderate the fiscal deficit, he explains.
The revolution - minded Republicans who fired the first shots more than a year ago achieved some reductions in government spending, but not the huge cuts they had envisioned.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In their November 2011 Update, PBO did not include the spending reductions proposed in the 2010 budget, associated with the two - year departmental operating budget freeze, claiming that the Government had not provided enough detaiIn their November 2011 Update, PBO did not include the spending reductions proposed in the 2010 budget, associated with the two - year departmental operating budget freeze, claiming that the Government had not provided enough detaiin the 2010 budget, associated with the two - year departmental operating budget freeze, claiming that the Government had not provided enough detail.
Those projected surpluses are a bit of a patch job, held together by baling wire and duct tape: they depend on some conveniently timed asset sales (e.g., the divestment of the federal government's GM holdings) a delayed reduction in EI contribution rates — and continued spending restraint.
Isn't the real problem the government's fear of intervening in the economy directly despite the crying need to crowd in emissions - reduction and climate - change - adaptation spending?
However, looking to the US, he predicted that President Trump's promise of an increase in spending and a reduction in taxes would lead to a surge in borrowing and an increase in government debt.
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 last hour has seen the political and constitutional reform committee issue a report complaining that the government's ignoring its recommendations about going to war; Labour have put out a line on the strikes, saying they're «usually a sign of failure»; and the Institute for Government is telling us that Whitehall is leading the way in headcount reductions, with an overall reduction of 8.4 % since the comprehensive spending review in October government's ignoring its recommendations about going to war; Labour have put out a line on the strikes, saying they're «usually a sign of failure»; and the Institute for Government is telling us that Whitehall is leading the way in headcount reductions, with an overall reduction of 8.4 % since the comprehensive spending review in October Government is telling us that Whitehall is leading the way in headcount reductions, with an overall reduction of 8.4 % since the comprehensive spending review in October last year.
The Osborne Treasury and the Government in toto remain wedded to «Plan A»: to eliminate the structural deficit at an accelerated pace with an unbalanced mixture of spending reductions (80 %) and tax increases (20 %).
Otherwise known as «expansionary austerity», EFC predicts that a major reduction in government expenditure will change the future expectations about taxes and government spending and will thus create the space for the expansion of private consumption, which, will in turn, revive the fortunes of the economy.
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.
The pros of this is that the government can spur economic activity in the short term simply by printing money for its spending and debt reductions.
Yesterday, the Local Government Association warned that councils would have to make up to 100,000 job reductions — equivalent to about one in ten local authority workers - in the wake of the spending cuts.
He also claimed the project had to be scrapped because of a reduction in the youth custody population, although both this trend and the need to cut spending were well known to the government when it was pressing ahead with the project last year.
As part of the Spending Review 2010, the Government announced a significant reduction in total funding for Warm Front to # 100m in 2012/13.
So, to recap: The congresswoman is seeking more spending by the federal government here in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require additional cuts at a time when Washington is already polarized over reductions mandated by the debt ceiling deal passed early this month.
25 hours of free childcare for working parents, paid for by increasing the bank levy by # 800m a year; having the OBR audit Labour's spending pledges in its next manifesto; repeating a pledge to reintroduce the 10p bottom tax rate and pay for it with a mansion tax; signing up to the government's post-election spending plans but with a «fairer approach to deficit reduction».
While the Department of Health (DoH) has been spared many of the cuts being implemented in other government departments, the rising costs of the NHS mean that a cap on income amounts to a real - terms spending reduction.
The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.
The average reduction in council spending power is 4.4 % 5, a Department for Communities and Local Government (DCLG) spokesperson said.
«In government at the time in 2009 I always accepted collective responsibility, but at the time in 2009 I thought the pace of deficit reduction through spending cuts was not deliverable, I didn't think it could have been done.&raquIn government at the time in 2009 I always accepted collective responsibility, but at the time in 2009 I thought the pace of deficit reduction through spending cuts was not deliverable, I didn't think it could have been done.&raquin 2009 I always accepted collective responsibility, but at the time in 2009 I thought the pace of deficit reduction through spending cuts was not deliverable, I didn't think it could have been done.&raquin 2009 I thought the pace of deficit reduction through spending cuts was not deliverable, I didn't think it could have been done.»
With the Welsh Government expecting major reductions to its spending budget, those working in education are concerned.
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:
They also propose a reduction in property taxes by encouraging local governments and schools to cut spending and consolidate.
Last autumn's Spending Review delivers a reduction in government consumption that is judged by the OBR to be the most sustained undertaken in the last hundred years of British history — barring the periods of demobilisation after the first and second world wars.
The government believes the bulk of debt reduction must come from cuts in spending rather than taxation rises.
In later years, Cuomo has tied the «freeze» check to a reduction in spending that he hopes will come from consolidation or sharing services between government entitieIn later years, Cuomo has tied the «freeze» check to a reduction in spending that he hopes will come from consolidation or sharing services between government entitiein spending that he hopes will come from consolidation or sharing services between government entities.
Labour is in an impossible position over spending plans: if they match them, they lose the ability to set out a robust criticism of the government's deficit reduction programme, but if they reject them David Cameron and George Osborne will attack them for planning to increase spending.
The publication of the data comes after last year's spending was released under the Freedom of Information Act, revealing # 25m of previously secret spending by Whitehall officials in the year that the government implemented its deficit reduction programme.
Holt pointed to the far - reaching implications of the proposed reductions in non-defense discretionary spending for science and engineering programs spread across the federal government.
There are other ways to try to create incentives for greater support of science by industry, by philanthropy; and those ought to be pursued too because I think the record shows that we simply can't depend entirely on the Federal government — especially in view of the kind of fluctuations that result from either depressions in the national treasury; that result from reductions and tax revenues; or the expenditures sometimes unexpected like Katrina; or unfortunate expenditures like the ones we are spending now in Iraq.
They say those cuts don't show up in the government's tally of science spending, however, because much of the reduction comes in spending on capital projects — such as new buildings and equipment — which the newly elected Conservative - Liberal Democrat coalition government last year moved outside of the science budget.
In October, NIH director Francis Collins suggested that government spending reductions that hit the NIH delayed the development of an effective Ebola vaccine, and his remarks have made the agency a target on Capitol Hill.
This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.
Schools will also have to face the knock - on effect of cuts to local government spending, which could mean reductions in support services and transport.
While a projected 25 % reduction in the budget deficit for fiscal 2010 - 11 may have given the federal government «wiggle room» to undertake new spending measures beneficial to families and individuals, investors were not so lucky.
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.
By comparison, the many spending reductions and job cuts introduced by the Harper Conservatives will result in about $ 12.5 billion in savings for the government in the current 2014 - 15 fiscal year.
Here in Australian, the federal government is spending tens of billions of dollars on stimulus package after stimulus package, and tiny fractions of that (mainly at the instigation of Greens senators who are using their balance of power for leverage) are going towards emissions reduction.
«It seems that the UK government is expecting to spend about # 32 billion, (~ 2.2 % of UK GDP), according to the Stern Review [1], every year for the foreseeable future in order to achieve by the year 2100 at the absolute maximum global temperature reduction of ~ 0.0019 °C, (less than 2 thousandths of a degree Centigrade).
Equally, it is inconceivable that government borrowings designed to accelerate a reduction in the overhang of private debt, recapitalise banks and forestall an immediate collapse in spending can not earn a return far above costs.
And to ensure revenues raised from such a tax are indeed directed to investment, and to assist those on lower incomes who spend a higher proportion of their income on energy, a carbon tax should be offset by tax reductions in other areas to become revenue neutral for government.
Provincial governments are urging Ottawa to focus its effort on spending in areas that achieve emissions reductions and on regulation, rather than intruding in the carbon - pricing field.
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