Sentences with phrase «spending cuts over»

In December of 2012, the Bush tax cuts are set to expire, and $ 1.2 trillion of spending cuts over 10 - years will be automatically activated.
The budget calls for $ 3.6 trillion in spending cuts over the next decade, leaves Medicare and Social Security untouched, and modestly boosts military spending.
In a highly political speech lasting just over an hour, the chancellor said the # 83bn public spending cuts over the next four years in the government's most severe financial retrenchment in decades were based on reform, fairness and growth.
Gov. David Paterson, who perhaps has the most to gain from the ongoing state budget stalemate, sent an e-mail today to supporters that slams lawmakers for wanting to fund property tax relief with borrowing and continues his tough talk about the need for spending cuts over «fiscal tricks.»
Commentators have pointed out a number of factors could undermine Mr Osborne's bid to foster a recovery through # 81 billion of spending cuts over the next four years.
That means that either Gingrich would have to find huge new spending cuts over and above those in the Ryan budget (which he has shown no inclination to do) or else borrow more money that we don't have.
The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the debt ceiling, includes around $ 2.1 trillion in spending cuts over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.

Not exact matches

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.
If you spread the spending impact over your entire retirement, you would need to cut your spending back by about $ 520 per year in today's dollars.
Analyze your spending over the last month to see where your money is going and where you might be able to cut back to add more to your savings.
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.
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.
Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say.
But given Trump's unwillingness to stake out clear positions on taxes and spending, and his enthusiasm for threatening trade wars with China and Mexico, supporting Trump could risk elevating the populist, protectionist wing of the Republican party over the significant chunk of Republicans who believe in cutting spending and promoting free trade.
Think concerns over the coming federal spending cuts and tax increases are overblown?
So the pre-election Republican position, backed by allies such as the Chamber of Commerce, to extend all of the tax cuts and postpone all of the spending cuts until the leaders work out a deal is not likely to win over many Democrats, who seem more inclined to let the tax cuts expire and start from scratch next year, presumably making it harder for Republicans to resist.
Reis argued that helicopter drops might be ineffective because the Fed already turns over its profits to the government and might reduce these transfers after such a move, leading the government to cut spending in the future.
For a host of reasons, governments the world over have chosen to cut spending, not as a virtue, but as what they believe to be the less severe of two painful options.
If you're considering spending outside of that budget or prioritizing something material over a bill coming due, it may mean you need to cut back in some other way, according to Tom Corley, an accountant, financial planner and author of «Rich Kids: How to Raise Our Children to Be Happy and Successful in Life.»
The balance of opinion for investment was 24, meaning the number of executives who intend to spend more on operations over the next 12 months is significantly higher than the number who intend to cut investment.
She pledged to restore marketing spending on soda and chips, buy back stock, and cut costs by $ 3 billion over three years.
Major drivers of the increase over that last decade according to the PEW Center were: recession related revenue declines (28 %), defence spending (13 %; cost of the wars on terror alone were over $ 2.4 trillion to the end of 2009 according to Homeland Security Research), Bush tax cuts (13 %), increases in net interest (11 %), and other non-defence spending (10 %).
While a temporary compromise over the country's debt ceiling pushed that deadline back to at least August, the sequester — sweeping automatic spending cuts mandated by cliff legislation — could kick in as soon as March 1.
With the government's strategy over the past few months apparently focused on undermining the Wildrose Alliance by stealing from its agenda, many had expected the Tories would further woo disaffected right - wing voters with deep spending cuts in this year's budget, which was unveiled on Feb. 9.
The yield curve may also be narrowing over concerns that a boost to fiscal policy through tax cuts and an increase to spending caps may foreshorten the U.S.'s second - longest economic expansion.
By finding ways to cut back on your spending, you'll have money left over each month to increase your savings and add to your investments.
Well a more likely scenario is the one I laid out on this blog 4 days ago, where Trump doesn't get everything he asks for, and there are some spending cuts made, so the plan costs $ 25 trillion not $ 35, but I thought it was just over the course of 10 years.
Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...
The money is being provided by other governments (mainly the German Treasury, cutting back its domestic spending) into a kind of escrow account for the Greek government to pay foreign bondholders who bought up these securities at plunging prices over the past few weeks.
Saying they've been pushed to their limit and are fed up, Oklahoma teachers are walking out over school spending cuts.
The budget proposes $ 3.3 trillion in net policy savings over ten years, the result of $ 4.9 trillion of largely unspecified spending cuts and $ 1.6 trillion of tax cuts, in addition to $ 1.4 trillion of claimed savings due to increased economic growth.
President Donald Trump on Monday will offer a budget plan that falls far short of eliminating the government's deficit over 10 years, conceding that huge tax cuts and new spending increases make this goal unattainable, three people familiar with the...
In your 2010 and 2012 budgets you introduced cuts in spending designed to eliminate the deficit over the «medium - term».
After assessing the three studies, he concludes we must cut spending or raise taxes by 11 % of GDP, «rather quickly over the next five to 10 years.
It also must commit to cutting back pensions and public spending by enough to step up its NATO spending to finance the bombing and destabilization of Syria and the Near East, and over and above this, to accept the cost of supporting all the refugees caused by US policy and its foreign legion in the form of ISIS, Al quaeda and Al Nusra.
Many Democrats claim the plan — which includes both corporate and income tax reform — favors only the top earners, while fiscal conservatives worry the tax cuts could dig the U.S. deeper into deficit spending and add to the already - mountainous national debt, requiring another showdown over raising the debt ceiling.
While reducing federal spending during an economic slowdown was not the President's preference, he recognized the political realities and undertook a series of negotiations with the Republican Speaker of the House, John Boehner, aimed at achieving a compromise plan to reduce the deficit over time through a combination of spending cuts and revenue increases.
But the more libertarian, limited - government wing of the party generally prioritizes cutting domestic spending over boosting defense spending, and has pushed back against the February deal as allowing profligacy on all fronts.
-- Member of Parliament David Yurdiga «The federal government thinks that it is acceptable to run a $ 30 billion deficit and spending billions on foreign aid and international climate change projects, as well as on newcomer settlement programs all the while cutting over $ 100 million from the three northern territories over the course of the next five years.
This thesis will be verified (or not) over the coming months: Regular increases in hiring and IT spending, consumer confidence spikes, a tax cut goes through, and the GDP ticks up — these will vindicate the Bulls.
Latvia's GDP has plunged by over 22 % during 2008 - 09, unemployment is rising, and the government has cut back spending on hospitals and health care, schools and other basic social integument.
The statement did not mention the extra government stimulus that has been added since the Fed's most recent economic forecast in the form of a $ 1.5 trillion tax cut and a budget agreement that will add $ 300 billion in government spending over two years.
It also includes cuts to non-defense spending designed to lower the federal budget deficit by more than $ 3 trillion over the next decade.
Having said that, particularly throughout Europe and the United States, slow economic growth, continued volatility and uncertainty over sovereign debt are major overhangs and social unrest will only be exacerbated where spending cuts and tax increases are the only option.
The combination of Greece's government no longer being able to float the economy by vast borrowing (Greece's budget deficit was over 15 % of GDP in 2009), tax increases, spending cuts, and unimplemented market reforms has led to five straight years of recession.
He had made a deal to spend money to bail the US out of a recession as long as Congress agreed to cut spending back to normal levels as soon as the recession was over (Keynesian ideal).
My biggest regret is that my crazy schedule, the one Richard chided me about, cut the opportunities to see him and to spend time with him over the past few years.
When food has doubled in price over the last few years, this cuts their spending power in half, and decimates their ability to pay their way out of debt they were forced to seek to survive.
The revenue neutral Ryan budget cuts federal spending by over 5 trillion dollars over the next ten years.
Even with all those spending cuts, the Ryan budget still includes deficits of over 5 trillion dollars over the same period.
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