Sentences with phrase «spending by the national government»

Not exact matches

Furthermore, the spending requirements placed on a national government are far more extensive than those faced by a state legislature.

The ECB makes governments unable to finance their spending by central banks of their own Introduction of the euro in 1999 explicitly prevented the ECB or any national central bank from financing government deficits.

In my recent National Post column, I make reference to some back - of - envelope calculations to the effect that replacing the fiscal anchor of balanced budgets to one of a fixed debt - GDP ratio allows the federal government to increase spending by 1.2 percentage points of GDP, or by about $ 25 billion.

The Liberal government spends only five per cent of the province's GDP on agri - food (far below the national average of 14 per cent), cut thesuccessful Buy B.C. program, and in 2009 cut theAgriculture and Lands budget by 25.4 per cent.

The national debt is the total amount owed by the government and should not be confused with the federal budget deficit, the annual amount by which federal spending exceeds revenue.

Government is also by far business's biggest customer; it now spends one out of every three or three and a half dollars of the gross national product.

However, we rarely hear an ethical critique of the whole principle of an all - embracing welfare state controlled by a government that spends nearly half of national income on it.

As shown in Figure 3, for more than two decades Medicaid spending in New York and nationwide rose at a pace well above the general cost indicator for state and local governments; the near doubling of the price index between 1991 and 2011 was more than matched by the greater than quadrupling of national Medicaid costs and an approximately 350 percent increase in New York's Medicaid expenses.7 (The more rapid growth in other states likely reflected their expansion of eligibility, which New York had already implemented.)

With millions of pounds being spent by large parties looking to form national governments, a fine of # 20,000 is no longer a strong enough deterrent to ensure the rules are properly followed.»

The Senate President condemned the practice where agencies of government spend money without statutory approval by the National Assembly and ruled that the issue be debated and resolution taken by the Senate on Wednesday.

The other key area is the post hoc scrutiny of government spending achieved by the Public Accounts Committee (PAC), acting on the reports of the independent National Audit Office, the UK's «supreme audit institution» (or SAI).

After all, Labour have spent the past five years criticising a whole series of cuts by the coalition government at both a national and local level.

The figures released by the Office of National Statistics (ONS) cast doubt on the government's claims that private sector job creation will spark into life despite the impact of the spending review.

Rather than the top - down approach of the previous government, with government spending limits set by the Treasury, Osborne told MPs the coalition would bring together all parts of society for what he called the «greatest national challenge of our generation».

If they revise down the Treasury's growth forecasts by 1 per cent of national income, the gap between tax revenues and spending increases by around # 10bn, meaning the government has to find more money from somewhere.

The Lisbon Agenda, a plan laid out in the Portuguese capital in 2000 to boost Europe's economy by 2010, makes research a key driver for growth, calling on member countries to spend 3 % of their gross national products on research and development — half from industry and half from government sources.

Lawyer Philip Cooney, a CEQ chief of staff and a 15 - year veteran of the American Petroleum Institute, spent the first term of the administration editing science reports from various agencies on climate change to downplay the role of greenhouse gas emissions — emphasizing elements of uncertainty from a 2001 National Research Council report on climate change, according to an investigation by the U.S. House of Representatives Committee on Oversight and Government Reform.

Approved in 2007, the original COMPETES legislation committed the government to providing healthy funding for the National Science Foundation (NSF), the National Institute of Standards and Technology, and the Department of Energy's Office of Science, while also setting government - wide spending priorities to be coordinated by the White House Office of Science and Technology Policy.

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.

The next day the federal government nudged the high - energy physics community into the winners» circle by announcing plans to spend roughly $ 136 million over 5 years on operations and upgrades at the national laboratory for particle and nuclear physics.

Discretionary spending, which is the only part of the budget that Congress and the White House can control from year to year, accounted for just 29 % of the nearly $ 4 trillion the government will spend this year (the green slice in this pie chart, prepared by the nonprofit National Priorities Project).

It places a binding cap on discretionary spending, which accounts for roughly one - third of the $ 3.5 trillion that the federal government spends annually (the other two - thirds goes to entitlement programs such as Medicare and Social Security, other kinds spending required by law, and paying interest on the national debt).

Washington — Compared with what they would have received if fiscal 1981 federal spending policies had remained in effect, state and local governments have lost $ 42 billion in federal assistance since President Reagan assumed office, according to a new analysis by a national public employees» union.

Maybe his time, given his varying roles, would be better spent a. Getting his Trust to produce a detailed case - study with a breakdown of all the cost - savings made, for other schools to scrutinise and benchmark against... and b. actually making sure that the folk setting up his much trumpeted «national deals brokered by the government to help schools save money on energy bills and hardware like printers and photocopiers» do a better job.

The National Audit Office also warned in 2016 that the government would have spent almost # 1 billion on bursaries for new teachers by this year, without their effectiveness being properly evaluated.

Angela Rayner, the shadow education secretary, pressed Gibb on the government's spending plans and Carol Monaghan, the Scottish National Party's education spokesperson, demanded «urgent confirmation» on how ministers will stand by their manifesto pledge to make sure no school has its budget cut.

Focuses on the performance of the economy as a whole by analyzing such important issues as unemployment, inflation, recessions, government spending and taxation, poverty and inequality, budget deficits and national debts.

Although sovereign debt will always involve default risk, lending money to a national government in the country's own currency is referred to as a risk - free investment because with limits, the debt can be repaid by the borrowing government by raising their taxes, reducing spending, or simply printing more money.

If even Bjorn Lomborg sees the merits of the world spending $ 100 billion a year to address global warming, is there anyone who can find a downside to raising a grand total of $ 35 million a year (beyond money already committed by national governments) to protect 42 «source sites» — areas of tiger territory with populations that are sufficiently healthy to repopulate neighboring regions with suitable, but tiger-less, habitat?

-- Energy Future Coalition, Letter to Pres. Bush by 31 former national security advisors; report did not address PHEVs, but newly - aware speakers at press conference supported «plug power» PHEVs and a government commitment to spend $ 1B on lighter, fuel - efficient vehicles.

Between 1978 and 2000, the federal government spent about $ 1.5 billion on oil and gas production research, much of it on extracting fuel from shale, according to a 2001 report by the National Academy of Sciences.

With the world economy in shambles, and nearly all national governments awash in debt, there is diminishing incentive for politicians to spend scarce public funds on the much - hyped hypothetical future «threats» posed by global warming — especially when there are very real, tangible issues demanding immediate attention and funding.

The approval of the defense spending bill called the National Defense Authorization Act (NDAA) may lead to the mainstream adoption of Blockchain technology by government agencies in the US.

The Congressional Budget Office (CBO) says that the measure before the U.S. House to reform and reauthorize the National Flood Insurance Program (NFIP) would not change the amount spent by the government over the next 10 years.