Sentences with phrase «state budget deficit»

Facing years of projected state budget deficits, could a move toward metropolitan regions help save money and spur economic development, as advocates claim?

We anticipate the upcoming legislative session will be dominated by discussions about state budget deficits and tax restructuring.

It's the culmination of tough legislative sessions in which state lawmakers have had to grapple with growing state budget deficits.

The budget closes a $ 10 billion state budget deficit by cutting the state workforce by 9,800 (mostly through attrition), closing several prisons, and significantly reducing aid to public schools, colleges and Medicaid programs.

Faced with a $ 1.3 billion projected state budget deficit next year, Malloy has promised no taxes, no cuts to vital services and no concessions from state employees.

Both Cuomo and state Comptroller Thomas DiNapoli have predicted financial troubles ahead, citing a looming state budget deficit and changes in federal tax law and health spending that are likely to exert more financial pressure.

The Trump Administration's tax law, looming federal budget cuts, multi-billion-dollar state budget deficits, glaring unmet human and physical infrastructure needs throughout the state... this year's New York State budget negotiations are taking shape against a worrisome and uncertain backdrop.

Cuomo says he had to cope with a $ 10 billion dollar state budget deficit, and an ongoing weak economy.

Majorities oppose cutting public employee benefits or pay in order to reduce state budget deficits or taking away some collective bargaining rights from public employee unions.

And that doesn't even begin to assess the damage that could be inflicted by the budget numbers crunchers who want to do away with a projected state budget deficit for next year of $ 1.7 billion while «finding» an extra $ 2 billion for a state - wide property tax freeze the governor wants as a re-election gimmick.

The term is applied to funding that was cut throughout New York in 2009 - 10 and 2010 - 11 to help close a massive state budget deficit.

Gov. Andrew Cuomo's plan to deal with a $ 4.4 billion state budget deficit includes a new windfall profit tax on health insurance companies in New York.

Enacted in 2009, under former Governor David Paterson and a Democratic - led Senate, the G.E.A. was supposed to be a temporary way of offsetting state budget deficits.

[See «Closing loophole could end state budget deficit.»]

«If they have their way and they make these federal cuts, it's going to take our [state budget deficit] and either double it or triple it.

We have a $ 14 billion state budget deficit due to them, and McCain will make the deficit even higher because he wants to give them amnesty!!

He then argues that unless the federal government is very careful, the forces and factors that led to these distressing spending patterns — like huge state budget deficits, local resistance to federal education guidance, and interest group focus on jobs — could similarly influence the Race to the Top, compromising its ultimate impact.

Though most education observers are sanguine about the RTT's potential, these same factors — enormous state budget deficits, local resistance to federal education directives, school - level preferences for existing jobs and programs, union opposition — are still in play and could lead to the same disappointing spending patterns.

Rhode Island has faced a number of regulatory and economic challenges, including a persistent state budget deficit, lower educational attainment of its workforce compared to neighboring states of MA and CT, declining household wealth (partially as a result of the housing crash that preceded the Great Recession), and declining investment in public postsecondary education, among other factors.

Their chances of passing have risen because of crushing state budget deficits that have put teachers» unions on the defensive.»

«We are not kicking anything down the road,» Malloy said, citing a phrase he and other gubernatorial candidates used in 2010 to describe the fiscal gimmicks that had weakened the pension system and created a record - setting state budget deficit at that time.

Here's the gist: «Public - sector pay is not the cause of state budget deficits because public - sector compensation did not significantly increase in recent years.»

Then, as millions of Americans prepared to head back to school, the impact of ballooning state budget deficits was evident in America's classrooms.

Gov. David Paterson last Thursday proposed $ 5 billion in cuts over the next two years to fill a growing state budget deficit, and the plan makes deep reductions in funding to education, health care and state agencies.

ESD CEO Howard Zemsky said recently the agency must alter its ad spending because of a looming state budget deficit and Cuomo's requirement that state expenditures increase by 2 percent or less each year.

The Trump Administration's tax law, looming federal budget cuts, multi-billion-dollar state budget deficits, glaring unmet human and physical infrastructure needs throughout the state... this year's New York State... Read more

Despite the multibillion - dollar state budget deficit, Paterson said New York is better off that some of the other states in the country.

With a $ 27 billion state budget deficit for existing services, there's no shortage of underfunded programs, and some of the programs to which the family planning funds were diverted are certainly worthy — one amendment moved funds to mental health care for children, for example, while another diverted funds to services for children with multiple disabilities.

HARTFORD — Democratic legislative leaders released a list of $ 350 million in «targeted» spending cuts Monday as their plan to close a projected state budget deficit.

Now one of her challenges as governor will be grappling with a state budget deficit that, by her calculation, will be much larger if the courts overturn those reforms after a long legal battle...

Citing reports that the state budget deficit could balloon to more than $ 2 billion in coming years, Cox said, «You've got to cut the budget or raise taxes.»

[51] On Tuesday, July 29, Governor Paterson gave a rare televised address that was broadcast on all of New York's major news networks, stating that the state budget deficit had gone up 1.4 billion dollars over the 90 days since his original budget submission, citing rising costs due to the poor economy and a struggling Wall Street, and calling the State Legislature back to Albany for an emergency session starting on August 19, 2008.

Schroeder, meanwhile, warned that other emerging conditions may create even more strain on Buffalo's finances: an estimated $ 4.4 billion state budget deficit, decreased tax collections and federal tax reform.

The governor says he had to cope with a $ 10 billion state budget deficit, and an ongoing weak economy.

With a $ 4.4 billion state budget deficit, Cuomo suggested erasing the gap with «revenue raisers» — new taxes and fees — including a surcharge on opioid manufacturers and a new tax on health insurance companies.

Fields, 64, who has been endorsed by the union in past elections, angered the organization earlier this year with her proposal that teachers across the state reopen their contracts and agree to a wage freeze to help close the state budget deficit.

Heastie said the only reason his house would return is if federal budget cuts later in the year lead to a state budget deficit that would need to be addressed.

While thousands of local candidates around the state were busy waving signs, making calls and shaking hands in the run up to Tuesday night's results, state officials were absorbing more sobering news about the growing state budget deficit.

Clinton said that Malloy raised taxes on the rich in order to close the state budget deficit.

Earlier this year, we were told that cuts in spending in some places and moderate increases elsewhere would eliminate what would have been a $ 1.3 billion 2013 - 14 state budget deficit.

A disconnect has developed over just how big the state budget deficit actually is.

Speaker of the House Brendan Sharkey offered some blunt talk on the state budget deficit Thursday.

Gov. Andrew Cuomo this week proposed a series of new taxes and fees that his budget experts say will raise more than $ 1.035 billion in the next fiscal year, helping to close a growing state budget deficit.

The proposed $ 132.5 billion spending plan, called the «New NY Transformation Plan,» includes plans to close a $ 2 billion state budget deficit.

Just this afternoon, Bronx state senator Gustavo Rivera sent Cuomo a letter, co-signed by nineteen of his colleagues, imploring the governor to help close the state budget deficit by continuing the «millionaire's tax,» which currently applies to New Yorkers with incomes over $ 200,000 but is scheduled to expire this year.

But Rep. Josh Elliott, a liberal Democrat from Hamden, said that raising taxes on millionaires is among the best ways to close the state budget deficit.

«I have a proven track record of working with both parties to pass legislation that makes Connecticut a better place for everyone,» says Gerratana, who acknowledges the state budget deficit will require «tough decisions in terms of spending cuts» next year.