In November, the congressional «Super Committee» failed to reach an agreement to identify federal
spending cuts of at least $ 1.5 trillion over the next 10 years.
On average respondents made net
spending cuts of $ 145.7 billion.
The government's plans at the moment would see real - terms
spending cuts of around 6.5 per cent between 2015 - 2016, and 2019 - 2020.
The National Audit Office has also stated that schools could face significant
spending cuts of around # 3 billion by 2020.
Lib Dems are resigned to losing parliamentary seats in less prosperous parts of the country, where
the spending cuts of the past years have hit hardest, but had hoped to hold the line in wealthier places where their coalition with the Conservatives is less controversial.
This involves a renewed emphasis against antisocial behaviour and «keeping frontline police on the streets», despite
spending cuts of 20 % at the Home Office forcing police forces to reduce headcounts.
The Department for Culture, Media and Sport, like all other government departments, must submit its plans to the Treasury on how it proposes to make further
spending cuts of ten per cent by the end of the month.
It leaves out the very substantial contribution that 2 - 2.5 % annual growth would make to cutting the deficit, and indeed imposes
spending cuts of such a magnitude as would significantly ratchet down growth potential and risk a double - dip recession.
Osborne stated in his Budget that the Treasury papers he inherited showed that Labour were planning post-election
spending cuts of # 73bn — to which he promptly added a further # 40bn.
Alistair Darling himself planned departmental
spending cuts of # 50 bn.
The one - year comprehensive spending review for 2015/16 will now see the government aim to achieve
spending cuts of # 11.5 billion, not the # 10 billion previously slated.
Most state agencies are grappling with
spending cuts of 5.5 %, and they're bracing for more belt tightening as state economists prepare to release reduced revenue estimates for the current and coming fiscal year.
Not exact matches
MONTREAL — Watching television on the Internet is cheap and convenient, but so far only a small number
of Canadians have
cut the cord on traditional viewing as TV providers offer discount prices and
spend more on programs to keep customers who pay bigger monthly bills.
The Congressional Budget Office has estimated that the combination
of tax increases and
spending cuts could trim economic growth this year by about 1.5 percentage points.
The U.S. market could become too hot as tax
cuts and more government
spending stoke an already strong economy, says Sim Moh Siong
of the Bank
of Singapore.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax
Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24)
spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Much
of corporate America is likely to
spend the savings from the rate
cut by increasing dividends and share buybacks.
Having this option helps businesses
cut down on the amount
of time they would normally have to
spend on transferring everything from one device to another.
The Kentucky Republican said the current pace
of debt accumulation is unsustainable, arguing there should be significant
spending cuts to get the debt under control.
Poloz indicated in his statement that the prospect
of a big
spending push by the federal government caused the committee to move away from its intention to
cut interest rates.
WA outperformed most states in December's retail
spending results, and with an interest rate
cut and falling petrol prices, there are hopes
of a retail revival.
Tesla plans to
cut spending and be profitable in the second half
of 2018, but analysts still say cash remains a concern.
As would other key players, including former TD Bank chief economist Don Drummond (author
of a detailed report outlining cost -
cutting opportunities in Ontario) and former parliamentary budget officer Kevin Page, who has
spent decades uncovering wasteful
spending in the public service.
Our goal was to come up with
spending cuts and revenue increases that would keep the ratio
of debt to GDP at or below where it was at the end
of 2017, at 76 %.
There has been a common consensus that world governments have slightly taken a back seat on the issue
of sustainability and the environment (the sustainable development commission was axed in 2010 as part
of Uk government
spending cuts for example).
Future
spending cuts will include additional pension
cuts and tax increases for Greeks, already hit by seven years
of harsh
cuts.
The Anglo - Dutch oil major, whose acquisition
of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to
cut annual
spending to ensure it can maintain its dividend given the slow recovery in the oil prices.
The Bank
of Canada said nothing in public about the possible merits
of deficit
spending as it twice
cut its benchmark interest rate last year to offset the collapse
of oil prices.
The election
of Donald Trump as president sparked an exodus from the US Treasury market in the final months
of 2016 and early 2017 as investors prepared for the possibility that Trump's plans for a protectionist trade policy, tax
cuts, deregulation, and massive infrastructure
spending would bring inflation back to the US.
Abramowicz foresees another sort
of ripple effect in the event
of a market correction: As homeowners with those short - term private subprime mortgages struggle to figure out how to refinance in a much more constrained market, they may opt to default and
cut back on consumer
spending.
And Trump's policies to date — a combination
of deep tax
cuts and sharp
spending increases — are shortening the fuse on that fiscal time bomb, by dramatically widening the already unsustainable gap between revenues and outlays.
But a word
of warning here: it's probably no longer sufficient to
cut modest indulgences, such as a few restaurant meals, to bring
spending into line.
With the relentless pressure to
cut federal
spending, digital solutions like telemedicine — which expands access to care and reduces costs by up to 90 % — will become a key part
of that equation.»
The election
of Donald Trump as president sparked an exodus from the Treasury market in the final months
of 2016 as investors began to price in the possibility that Trump's plans for a protectionist trade policy, tax
cuts, and massive infrastructure
spending would bring back inflation to the US.
Best
of all, it
cuts down my time
spent both cooking and cleaning.
I, therefore, thought that the Netherland's finance minister — a country serving as the key enforcer
of German austerity - at - all - cost (as long as the costs are not theirs) policies — showed an incredible chutzpah when he lectured the U.S. Congress last Friday that it would be a real tragedy (sic) if mandated
spending cuts were to stifle American economic growth.
Kenney
spent most
of last year driving
cutting - edge brand marketing campaigns for Brooklyn, New York - based über - brand MakerBot, including the wildly successful #Robohand video that documented how MakerBot users developed prosthetic hands for disabled children.
Many state tax systems are also inadequate to address coming budget shortfalls or to finance the kind
of investment necessary to offset the drop in federal
spending that will inevitably follow Congress's $ 1.5 trillion tax
cut.
But the first lesson
of business school is to tap into your natural network, and veterans, who have often
spent years overseas
cut off from regular society, often don't have the contacts they need to make the transition into civilian business.
This spring, he
spent two weeks running the numbers and battling insomnia before making a dramatic announcement to his 120 - member staff on April 13, inviting NBC News and The New York Times to cover it: Over the next three years, he will phase in a minimum wage
of $ 70,000 at Gravity and immediately
cut his own salary from $ 1.1 million to $ 70,000 to help fund it.
«The tax
cuts I think are positive because I think the more money you have outside
of the
spending ability
of Washington the better.
Bourdon said the latest
cuts will help offset billions
of dollars
spent to develop the CSeries, Learjet 85, Global 7000 and 8000, along with plant improvements.
Clinton intervened in the Zika virus crisis in early August, joining many Republican and Democratic officials from Florida in demanding that Congress
cut short its summer recess and pass the $ 1.1 billion
spending bill to help combat the spread
of the dreaded disease in the continental United States.
Although P&G said it isn't
cutting back on its Facebook
spending overall, that was still a rather large wakeup call about the marketability
of Facebook's advertising model.
It wasn't immediately clear how much
of the change reflected confidence that the tax -
cut legislation moving through Congress will boost growth, or other factors such as pickups in business
spending and global growth.
Tax
cuts, infrastructure
spending and corporate cash repatriation should remain positive for U.S. markets over the next couple
of years, but Rogers sees better opportunities internationally.
But each
of our major parties are promising to move in the opposite direction, promising a combination
of tax
cuts and new
spending.
On the other hand, more
spending cuts could certainly stifle the economic rebound everyone expects to see in the second half
of the year after the flimsy performance
of this just - ended second quarter.
WASHINGTON (AP)-- The combined effects
of President Trump's tax
cuts and last month's budget - busting
spending bill is sending the government's budget deficit toward the $ 1 trillion mark next year, according to a new analysis by the Congressional Budget Office.
He quickly implemented a mix
of tax increases and
spending cuts in an effort to get the country back to good.