Remaining federal stimulus funding and rainy - day reserves in many districts could absorb the education cuts, Cuomo said, as well as wage freezes or benefit contributions.
Not exact matches
They have
remained at or near historically low levels for many months, largely in response to the
Federal Reserve's
stimulus program.
The funding is from two
federal sources, including $ 1.75 million under the No Child Left Behind act and the
remaining $ 3.45 million from the American Recovery and Reinvestment Act, also known as
stimulus money.
They have
remained at or near historically low levels for many months, largely in response to the
Federal Reserve's
stimulus program.
However, economic growth will
remain constrained by various headwinds, such as a potential spike in oil prices due to tension in the Middle East; an expected decline in net exports from the global slowdown; and an expected increase in fiscal drag, including the fading of
federal spending from the
stimulus and a decline in defense spending for operations in Iraq and Afghanistan.»
While a truly «normal» market
remains a ways off, we expect to take more steps in that direction as appreciation moderates, negative equity recedes,
federal stimulus is withdrawn and foreclosures wane.»