Sentences with phrase «significant federal cuts»

As part of the budget deal announced earlier this month, Governor Andrew Cuomo highlighted the inclusion of new power his administration now has to adjust the state spending plan mid-year given significant federal cuts to New York.

Not exact matches

Tax cuts have lifted business sentiment and the outlook for growth, with the Fed seeing a «significant boost to output over the next few years» from the tax law and a federal budget boost.

After inheriting a surplus the government immediately cut the GST by two points, and in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant spending cuts in the 2010, 2011 and 20012 budgets in order to put the federal finances back on a sustainable path.

Contrary to what the Prime Minister said, federal corporate tax cuts have led to a significant fall in corporate tax revenues.

Proposed federal law would salvage millions for 9/11 survivors Congressman Jerrold Nadler has introduced a bill that could salvage millions of dollars for the 9/11 health bill, which faces significant financial cuts amounting to approximately $ 300 million.

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.

We applaud Governor Paterson's argument that, should New York receive a significant cash infusion from the federal government for Fiscal 2010, the state should use those revenues to cut back on significant proposed tax and fee hikes, rather than restore or increase governmental spending.

New York City's public housing authority will see at least $ 35 million less in federal aid this year, in what appears to be the first significant funding cuts to the city under President Donald Trump.

The mechanism was put in place as the state learned of potential significant cuts in federal dollars.

The Massachusetts economy took a significant hit because of the federal budget cuts known as sequestration.

But the spending plan, like a preliminary version unveiled in January, retained a wait - and - see - approach toward the possibility that the Trump administration would make significant cuts in federal financing that could carve a wide hole in the city's spending plans.

He sought to cut the state's Medicaid budget by nearly 30 %, or $ 20 billion [47]($ 10 billion from the state's share, the other $ 10 billion coming from the county and federal shares)[48] by making significant cuts to benefits, reducing reimbursement rates, [49] requiring identification, fingerprints, and drug testing for individuals to receive benefits.

Fuleihan pointed out that this increased need was due to significant cuts in federal funding for emergency food programs and that the administration was open to discussing the funding with the Council.

It does seem likely that some kind of significant federal tax cuts are going to be passed.

Under the Trump administration, New York City's largest source of federal adult literacy dollars (WIOA) is at risk of significant cuts.

Strict air quality regulations set by federal, state and regional agencies protect residents» health, she said, and the company has made significant efforts to cut its emissions.

The president's budget proposes significant cuts to science - related programs across the federal government.

Promoting the power and consequence of science «is more important than ever right now,» particularly as critics question the role of evidence - based science in policymaking and as Congress considers significant proposed cuts to federal funding for scientific research that drives innovation, said Tobin Smith, vice president of policy at the Association of American Universities, during the March 27 S&T Policy Forum session «Advocating for Science: More Than a One - Day Activity.»

While NASA's $ 200 million funding reduction pales in comparison to cuts that would face some federal agencies under the proposed budget (which has to be reviewed and approved by Congress before becoming official), it would make significant changes to how those dollars are spent.

Education spending has still yet to recover from the Great Recession in many states.11 Because of state constitution balanced - budget provisions, when faced with significant federal funding cuts, states are forced to either further cut education programs or raise taxes.12 The idea of further raising taxes to backfill Trump's education funding cuts simply is not practical in states such as Maryland, 13 Illinois, 14 and New Jersey, 15 which are struggling to fund their current responsibilities.

Other federal programs would suffer significant cuts, including grants to states for career and technical education, which would lose $ 166 million, down 15 percent compared to current funding.

Although public schools may still feel the repercussions from the 2008 recession, federal data showed a significant upsurge in state and local education spending in the 2014 - 15 school year — an increase that, if it persists, could eventually restore four earlier years of deep budget cuts, according to an analysis by The Hechinger Report.

The news and its timing is all the more astounding given the department's months - long silence on the issue and the myriad education organizations and associations, including ASCD, that have filled the information vacuum by advising educators to prepare for the significant cuts that are to affect all federal agencies on January 2, 2013.

The grand question to ponder is what would ever happen to Maryland, Washington, DC and Virginia if significant cuts were made to Federal payrolls?

WASHINGTON — Today, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to Kentucky FHA's Streamline Refinance Program that could benefit millions of borrowers whose Kentucky mortgages are currently insured by FHA.

While his promise to cut taxes, mostly to the benefit of upper income earners, will probably lead to a short - term boost in U.S. GDP growth, it also threatens to leave a significant shortfall in federal tax revenue down the road — as much as $ 6.2 trillion over the next decade.

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.

If however the central focus of the administration and Congress is to make significant cuts in discretionary spending, there might be pressure to look at phasing out all federal energy subsidies (both fossil and renewable sources).

Just as more people are in need of civil legal services, particularly in the area of consumer credit and housing, federal and state funding for legal services has seen significant cuts over the past few years.

The Tax Cuts and Jobs Act, the sweeping new federal tax law enacted at the end of December 2017, contains a provision that will likely have a significant effect on how employers resolve claims involving sexual harassment.

With the big price tag attached to the federal government's omnibus crime bill C - 10 and budget cuts on the horizon, there were no significant spending commitments by the federal government.

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Mundine's main messages to the conference were around the coming Federal Budget, saying he was aiming to convince the government not to make any overall cuts to Indigenous spending in return for significant savings to come from an «infrastructure audit» and in cutting a swathe through red tape which he says is the «greatest challenge» to Indigenous health policy and services.

Government and Fed Policies: The Federal Reserve's second quarter program of purchasing $ 600 billion in long - term Treasuries and the extension of the Bush tax - cut program have, without a doubt, provided a significant short - term boost to business and consumer confidence.

Recently, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to FHA's Streamline Refinance Program that could benefit millions of borrowers whose mortgages are currently insured by FHA.

This would greatly speed processing of these loans, which have seen significant delays in recent years due to federal budget cuts.