Sentences with phrase «rise in public spending»

(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.

But the tax burden would remain the same, and the 62 - year - old ruled out any major rises in public spending, saying: «I am quite clear that we are in a new political environment in which the era of big increases in central government spending is over.

Not exact matches

Tang said the wealth gap was actually widening at a slower pace compared with a rise of 0.004 between 2006 and 2011, thanks to the government's increased efforts to help the impoverished, including an increase of over 40 per cent in welfare spending on public housing and medical benefits for the poor.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

When planning for the future, it's worth considering the following possible public policy risks that could affect your clients» ability to save for retirement and the money they have available to spend in retirement: Will income tax rates rise with current government deficit spending?

The flat reading for public construction spending was due in part to Federal construction spending rising by 2.2 % to the highest value seen since September 2011, which worked to offset the 0.3 % decline in state and local spending.

The coalition government is conscious of the fact that such an unpopular tax rise would be highly damaging to public support in an environment where public spending is being drastically cut back.

The data series in which we found serious discontinuities or complete breaks are not trivial or obscure, but are (or should be) of major importance to the evaluation of government of any political stripe, such as total public sector capital investment, local government spending (on which the Office for Budget Responsibility and the government differ whether it is rising or falling), how much the government costs to run, and how much the civil service costs to employ.

«Hard» fiscal squeezes (coloured grey) are defined as increases in tax revenue or falls in public spending both in absolute (constant price) terms and relative to GDP (above a defined threshold); «soft» squeezes (light yellow) are revenue rises or spending falls in only one of those ways.

In recent months we have seen Harriet Harman try to secure the right for MPs to spend our money on what they like and not tell us about it and government MPs continue to ask for over infl ation pay rises and huge increases in allowances, while at the same time tightening the screw on low paid public servants and jobless people on benefitIn recent months we have seen Harriet Harman try to secure the right for MPs to spend our money on what they like and not tell us about it and government MPs continue to ask for over infl ation pay rises and huge increases in allowances, while at the same time tightening the screw on low paid public servants and jobless people on benefitin allowances, while at the same time tightening the screw on low paid public servants and jobless people on benefits.

Speaking on the Today programme after the letter emerged, Osborne defended his warning of spending cuts and tax rises, saying Brexit would bring with it «chaos» in the UK's public finances.

The welfare budget is the bit of public spending that has risen the furthest and the fastest and if we are going to get control of public spending on a sustainable basis, we are going to have to do more to tackle the growth in the welfare budget.»

If, as for example happened in 2007 - 08, the economy suddenly crashes, public spending as a percentage of GDP suddenly rises even though actual spending hasn't really changed.

Continue reading «David Leighton and John Stevenson: We must challenge Labour's spurious narrative that public spending cuts always lead to worse public services - because that has been central to the rise in government waste»»

-- Once recovery is assured, the elimination of the structural deficit through a series of progressive tax rises and cuts in wasteful public spending

His claim that unemployment will fall rather than rise in the course of this Parliament is based on the OBR assessment, rapidly rushed out to give ammunition to contest the anticipated Harman attack (incidentally providing the first suspicions about the OBR's objectivity), that whilst 600,000 public sector jobs will be lost by 2015 - 6 and a similar figure (though unspecified) in the private sector as a result of the public spending cuts, some 2.5 m jobs will be created over the same period in the private sector.

State spending rose slightly and the cut to public school aid ranks as the steepest percentage drop in a generation.

Analysts expect unemployment to rise significantly when public spending cuts begin later in the year.

The reports follows the publication of data suggesting consumer morale is falling steadily as the public prepare for cuts to public spending, and seperate evidence that youth unemployment is still rising in much of the country.

The National Center for Education Statistics reported in January that local, state and federal public school spending for the 2014 — 15 school year had risen by 2.8 percent from the previous year after a 1.2 percent rise the year before.

During her press conference outside PS 13, Ms. Malliotakis unveiled her Albany reform agenda, including: Requiring a two - thirds legislative majority to pass new taxes and fees; capping the rise in spending at the rate of inflation or 2 percent, whichever is less; requiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Senate tie.

When we recall that public spending has risen by five percentage points of GDP since 1999, all this might be considered a tentative step in the right direction.

David Leighton and John Stevenson: We must challenge Labour's spurious narrative that public spending cuts always lead to worse public services - because that has been central to the rise in government waste

But it is increasingly clear that these traditions are being abandoned by Clegg as he goes along with damaging cuts in public spending undermining economic growth, tax rises hitting the poorest hardest, and a clear threat to the universal welfare state.

Their opposition to Coalition measures to reduce the deficit, including the rise in VAT and the freeze in public spending.

Turning rhetoric into reality will be a tough call — public spending cuts show no sign of letting up and the combination of rising demand for school places, lack of accountability and cuts to education budgets in real terms will need careful consideration if we are to improve standards and equity in education within the next administration.

People needed a bold speech that pledged serious, radical cuts in wasteful public spending, but all we got was political posturing about the rich and harmful tax rises for the middle and working classes.

Mr Osborne has given an interview to the FT (of which there is more inside the paper here) in which he asserts that Labour's projected 1.1 % annual increase in public spending between 2011 and 2014 is «unsustainable» and that it will be spending cuts rather than tax rises which account for reducing the the fiscal deficit:

The shadow chancellor, Alan Johnson, urges an 11th hour rethink of Tuesday's planned VAT rise in a letter to the government today, as theConfederation of British Industry (CBI) warned public spending cuts could lead to a dramatic slowdown in the pace of economic recovery.

The election in 2015 is shaping up to be a desperate scramble for cash to fund public spending after the Institute for Fiscal Studies warned that the next government would need to impose large tax rises or even bigger welfare cuts to protect health and education spending.

The rise in university tuition fees and the speed and depth of cuts to public spending are particular bones of contention.

«I believed that if we made a principled case for ruling out a VAT rise, as well as against premature cuts in public spending, it would change the course of the election,» said Mr Balls.

And 51 % of the public think that Cameron is either right to demand a real - terms freeze (41 %) or think he should accept a compromise with other countries that includes some rise in EU spending (10 %).

He gives a clear hint that tax rises — as well as spending cuts — will be a key part of dealing with the hole in public finances.

In addition, 80 per cent of those questioned said they were satisfied with their GP while the public perception of A&E and outpatient services in hospitals has risen over the past decade as spending tripled under LabouIn addition, 80 per cent of those questioned said they were satisfied with their GP while the public perception of A&E and outpatient services in hospitals has risen over the past decade as spending tripled under Labouin hospitals has risen over the past decade as spending tripled under Labour.

Gordon Brown and Tory leader David Cameron clashed on public spending week after week in prime minister's questions earlier this year, before parliament rose for the summer recess.

According to the Economist, it is in a «comfortable» fiscal situation, «aided by a strongly growing economy will help to reduce the deficit without tough public spending cuts or tax rises.»

Despite the squeeze on public spending, Major said he expected funding for the universities and the research councils to rise in real terms next year.

Ms Rayner pointed to an Office for Budget Responsibility (OBR) report from November last year which warned that public sector pay rises in the wake of the lifting of the cap would have to be met by «squeezing non-pay spending and by reducing the workforce».

William J. Mathis, for example, claims in a recent Phi Delta Kappan article that public K - 12 spending needs to rise by at least 20 to 35 percent to meet the goals of NCLB - an increase of $ 85 to $ 150 billion a year.

Since those words were written, real spending per pupil in U.S. public schools has risen by about 50 percent.

LA School Report covered the intense race like no other publication, with comprehensive profiles of the primary candidates, what was at stake for kids, what fueled the record spending, and the rising parent movement that swept in change for public education.

Prior to her work at Achievement First, Christina taught special education for six years, first as a teacher in Harlem and later helping to build a special education program at Rise Academy in Newark, N.J. Throughout this time, she spent her summers working as a school director at Teach For America's Summer Institute, while also earning a master's degree in public policy at the University of Chicago, where she received a Harris Fellowship.

Nevertheless, with a pro-voucher administration in Washington and more than 30 states with some kind of program allowing public dollars to be spent for private education, support for vouchers is likely to rise.

Overall spending on public education is rising modestly year to year, but not in a way that keeps pace with growing enrollment.

If anyone knew how much school districts are spending on technology and how much is sitting in the teachers» closet, not ever being used, the public would rise up in arms.

The reasons for the current spending orgy are several — an increase in the number of useless educrats, the rise of teachers unions, a public that has been way too trusting of those in power, etc..

With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels of performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster of a car I've had some brief track opportunities moving this morning to get used to the pace of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line of the hood it kind of dominates the center of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind of speaks to what makes this car special it's a monster of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150 mile - an - hour indicated we're going to ease up a little bit on it because I need to focus on talking rather than driving but like I was saying the attributes of the rest of the car the steering the braking capability the grip every system of this car is riding to the same level of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its performance potential there's a level of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet because the limits of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music] because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50 miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track performance package a lot of those changes happen underneath the sheet metal but one of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking for the track performance this thing delivers also giving you that performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front of the thing what really matters is what's under the hood that's right there's actually a hole in the hood of this thing and that's because this engine is so tall it's tall because it has a larger supercharger and a bunch of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top of the vehicle this all makes for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme performance machine deals with the sort of more civil minded stuff of street driving the track impressions remain this thing is unquestionably one of the most capable cars you can get from a dealer these days a lot of that's besides the point now because we're on the street we have speed limits they have the ever - present threat of law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little firmer but it's certainly livable on a day to day basis that's surprising for a vehicle of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort of a shrine to it the way it pops out of the hood the way it's covered with coolers around the sides it is the experience of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt for the manual although Chevy tells me about 80 % of its customers will go for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a strong value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track performance per dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]

To keep up with rising demand, library spending on ebooks grew at a compound annual growth rate of 38 % for the past four years, from $ 30 million in 2009 — according to a Public Libraries Survey conducted by the Institute of Museum and Library Services (IMLS)-- to more than $ 110 million in 2013 — according to a 2013 estimate from the Primary Research Group's report on library use of ebooks.

While overturning the 2014 sale — which will bring in much - needed revenue for a real estate rich, cash poor non-profit — is impossible, members are angry about the League's handling of the sale, rising administrative costs, not to mention the fact that leadership hasn't gone public with how they'll spend the money.