Sentences with phrase «reductions in public spending»

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».

«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.

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.

They are getting less because of the reduction in public spending.»

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.

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.

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.

(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.»

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.

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.

«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.

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.

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.

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.

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.