While the government is still forecasting a balanced budget, all the elasticity (read: available money) in the current fiscal has now been used up with the new taxation and
spending measures announced today.
Not exact matches
It is filled with large
spending measures, many of them previously
announced, designed to entice voters to elect an unpopular government for another term in June.
Its European creditors decided on Wednesday to suspend the implementation of short - term debt relief
measures after the Greek government
announced additional
spending on pensions - an action that European partners deemed as «unilateral» and disrespecting the efforts agreed under the country's 86 billion euro ($ 89.75 billion) bailout program.
This
measure is described in a recent article in Caixin, which describes a meeting held by the CSRC involving the heads of China's 21 largest brokers: «The firms
announced in a joint statement that to stabilize the stock market they would
spend at least 120 billion yuan combined to buy exchange - traded funds linked to blue - chip stocks listed on the Shenzhen and Shanghai bourses.
Even if all of the
spending and tax - reduction
measures announced in the 2015 budget were cancelled — and no opposition party has yet gone so far as to promise that — that still would not be enough revenue to prevent a return to deficit.
For example, the
spending restraint
measures announced in the March 2012 Budget were never reflected in the 2012 - 13 appropriations.
A fiscal package
announced in April contained
measures equivalent to around 3 per cent of GDP, aimed at providing a significant boost to domestic demand through tax cuts and new
spending.
During this period, the Government significantly increased
spending, primarily through temporary stimulus
measures announced as part of their Economic Action Plan.
Overnight 1,145 Tory members took part in a ConservativeHome poll on the main
measures announced by George Osborne in his Comprehensive
Spending Review.
It all has the unmistakeable feel of a choreography building up to even more devolutionary
measures over
spending being
announced in the chancellor's Autumn Statement.
Why weren't the living wage and the defence
spending pledge in the Tory manifesto, like many of the Budget
measures announced by Mr Osborne?
Speaking at Fordham University Law School, Cuomo
announced he propose legislation incorporating
measures designed to limit independent expenditure campaign
spending as well as require the groups to disclose the identity of their owners, directors and executives exerting control.
Turnbull
announced new
measures and an independent agency to manage and monitor work expenses and adjudicate all claims by the lawmakers, as well as ministers, «to ensure taxpayer funds are properly
spent.»
Cuomo went on to attribute the state's $ 10 billion deficit to chronic overspending by the Legislature and
announced a number of fiscal austerity
measures, including a salary freeze on public workers and drastically cutting Medicaid
spending.
He said the extra money raised by the initiative, which was
announced alongside a package of other green
measures, would be
spent on «priorities such as public transport and the environment».
Mervyn King has intimated that the government may have to engage in more «emergency
measures» to lubricate the economy, on the day that the comprehensive
spending review is
announced.
At the last election the Lib Dems said they could raise large sums by closing tax loopholes and today Alexander
announced that the government would
spend an extra # 900m on anti-evasion and anti-avoidance
measures.
Cuts in corporation tax, higher infrastructure
spending and delay to fuel duty rise among
measures announced by chancellor
Mr Osborne said
measures he had previously
announced meant he did not have to bring in further tax rises or
spending cuts.
The coalition is set to tighten public finances by # 113bn by 2014/15, with # 30bn from tax
measures, # 11bn from welfare reforms
announced in the budget, # 10bn from lower debt interest costs and # 61bn in cuts to departmental
spending.
First, the
measures have been
announced but not yet implemented; second, we do not yet know which specific public services will feel the pain of
spending cuts; third, we don't yet know whether the economy will keep growing or slip back into recession.
Bolden
announced the new policy, which he called a temporary
measure pending an outside review of NASA security policies, at a 20 March hearing before a U.S. House of Representatives
spending panel that oversees NASA's budget.
Liberal Democrat leader Nick Clegg is also expected to
announce four other
measures concerning educational policy, including the protection of
spending per - pupil, a guarantee ensuring all teachers in state - funded schools will be qualified by September 2016, the establishing of a Royal College of Teachers and a National Leadership Institute to promote high quality leadership in schools in deprived areas.
Announcing the
measures, Clegg is expected to highlight his party's plans to protect education
spending for those aged between two and 19 in real terms until 2017 - 18, from which point the Lib Dems would increase
spending in line with economic growth.
The report draws on data from 2005 to 2012 to rate charter schools across multiple
measures of financial health and academic performance, including state test scores and classroom
spending, said the press release
announcing the findings.
CourseSmart, the world's largest provider of digital course materials, has
announced a pilot test of CourseSmart Analytics, a program that will evaluate how students use specific textbooks,
measuring page views, total time
spent reading, as well as notes and highlights made.
He says existing
measures announced in the government's spring budget, such as tax - bracket changes and infrastructure
spending, have begun to help the economy.
1530: China's cabinet has
announced it will
spend $ 372 billion on energy conservation projects and anti-pollution
measures over the next three and a half years.
In preparation for Mr. Zuckerberg's testimony, his first such appearance, Facebook has
spent the last couple of weeks trying to transform its public image from a defiant, secretive behemoth into a contrite paragon of openness,
announcing a string of new privacy and anti-abuse
measures and making company executives available for numerous interviews.