Sentences with phrase «than cut spending»

But even before the financial crisis, the reform movement was stalled by the need to stimulate the economy rather than cut spending.
«Rather than cutting spending on consultants and private contractors, they chose to cut schools,» complained Upper Manhattan City Councilman Robert Jackson, chair of the education committee.

Not exact matches

The impulse from this spending bill is likely to be even larger for the economy than the tax cuts because the multipliers are significantly larger,» he told CNBC.
Royal Dutch / Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its third year.
As tuition rates continue to rise and colleges suffer painful funding cuts, football Bowl Subdivision schools spend more than $ 91,000 per athlete.
«International research has found that highly indebted households cut back their spending to a greater degree in response to declining house prices than those with lower debt levels,» he said in a letter to the House finance committee this month.
Cut to 24 hours later, as she was entering expenses into the 60 or so designated categories in Google Sheets and bemoaning the fact that she had already spent more than planned this month, thanks to an annual renter's insurance payment.
The tax cut and excess federal spending may boost some areas of the economy, but thus far, it has not produced anything more than a modest boost in capital spending (most of it from capital intensive technology companies) but a surge in stock buybacks and dividend increases, Apple being a case in point.
They have more choices than ever before as to where to spend their advertising dollars and can cut through the noise to reach their exact target audience.
Within hours of the presidential election, Washington politicians turned to the most urgent issue facing them: the fiscal cliff looming on Jan. 1, when more than $ 100 billion in automatic spending cuts and $ 500 billion of tax increases will be triggered.
Though, she cautioned that the threat of a government shutdown and the fiscal restraint imposed by years of the 2013 sequester, which will cut more than $ 1 trillion in government spending through 2021, could be calamitous.
Republicans believe there are smarter ways to cut spending than the sequester and have passed legislation to replace it multiple times, only to see the president continue to demand tax hikes.
That's a bigger impact than most economists expect given the skewed nature of the tax cuts toward wealthier people, who are more likely to save than spend.
Tesla's capital expenditures declined in the quarter and the company cut its spending forecasts for 2018, saying it would spend less than $ 3 billion.
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.
That's why analysts expect the government to look for operating expenditure cuts — such as cutting remaining fuel subsidies — even as it tries to keep up development spending and target lower - income households, often called the B40, or bottom 40 percent with incomes of less than around 2,500 ringgit a month.
In addition, we have updated our 2016 CapEx guidance to cut more than $ 400 million in spending due to the improvement in our capital efficiency.
While many of its spending cuts are more aggressive than the political climate is likely to allow, the RSC deserves great credit for putting out a budget in a year where no official budget has yet been put forward by the House or Senate Budget Committees.
First, Canadian oil producers have lowered their long - term outlook for global oil prices, and have cut their plans for investment spending significantly more than previously announced.
The US export sector is getting the benefit of a lower dollar; there's a significant fiscal package in the pipeline, which will add more than 1 per cent of GDP to private spending power; and sharp cuts have been made in US official interest rates, with financial markets expecting more to come.
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...
In particular, Mr. Behravesh and other economists said, the economy has shown greater resilience than expected in the face of tax increases and spending cuts in Washington.
And, since the process began, companies have cut investment spending each quarter by more than we expected, so this has been framed as a downside risk.
The publication of these projections comes at a time when lawmakers in Congress are debating whether tax cuts and some spending increases should be added to the debt rather than paid for.
We also promote tax simplification; identify and fight the creep of specialized deductions; conduct, synthesize and curate research on the effect of globalization and technological trends on the US economy; and encourage growth advocates to focus more attention on cutting harmful regulations and increasing program efficiency than attempts to radically pare down social spending.
So rather than «cutting» spending by $ 44 billion, the rate of growth for future spending is reduced by $ 44 billion the first year.
Haircuts, restaurant meals, grass - cutting, dry cleaning, movie tickets, hotel stays, car repair — the list goes on, with services representing more than two - thirds of total spending.
And although Flaherty has hinted at the possibility of spending cuts to offset lower - than - expected revenues, it's far from clear that these measures are necessary: the deficit looks like it will come in below target for 2012 - 13.
Meanwhile, bond king Bill Gross found silliness on the trading floor, Larry Summers did not become the next Federal Reserve chairman, and U.K. Prime Minister David Cameron called for spending cuts in a gold - laden throne room — making a bigger fool of himself than millions of tweeters ever could.
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.
Further, eliminating waste, fraud and abuse is much better than cutting military and defense spending.
In response to these strains, state and local governments have cut infrastructure investment, slashed support for higher education, cut spending on K — 12 education, cut spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.
The White House budget director came to Capitol Hill on Tuesday to sell President Donald Trump's budget, but the administration's allies in the Senate preferred to talk about last year's tax cut rather than the trillion - dollar deficits contained in the new spending plan.
Greek budgets include tax hikes and spending cuts by more than $ 4.5 billion, a debt increase to more than 200 percent of GDP, an economic contraction of 1.3 percent and a new rise in unemployment by almost one percentage point to 25.4 percent.
Greeks» growing support for the far left and far right means governing the restless country and implementing the massive extra spending cuts that the European Union wants to see will be harder than ever.
Rather than removing offsets, policymakers should work together to add new base - broadening provisions; what can not be paid for with base - broadening should be offset with new revenue sources or spending cuts or by scaling back the tax cuts.
What if the tax cuts had been paid for by cutting spending rather than borrowing money?
After all, there's now a businessman in charge at the White House rather than a politician, and Trump has promised to cut taxes, boost infrastructure and defence spending and slash regulations.
Indeed, Mr. Wagoner of G.M. said that the company was forced to spend $ 1 billion more than it expected on rebates and other discounts during 1997, a figure it has been scrambling to offset by cutting costs elsewhere in the company.
If your revenue is less than your spending, then you can either cut your expenses or find other ways of obtaining the cash to make up the shortfall.
In this scenario, you'd be free of the debt in five years and spend $ 4,122 in interest, cutting your interest paid by more than half.
The blame then goes to Federal Reserve Chairman Volcker for slaying the inflation dragon much faster than anticipated so that the projected real spending cuts became real spending increases.
Carriers have spent billions of dollars acquiring spectrum and are beginning to develop and test 5G networks, which are expected to be at least 100 times faster than current 4G networks and cut latency, or delays, to less than one - thousandth of a second from one - hundredth of a second in 4G, the FCC has said.
It also includes cuts to non-defense spending designed to lower the federal budget deficit by more than $ 3 trillion over the next decade.
Many also spend carbon tax revenue, rather than recycling it through offsetting tax cuts elsewhere.
But the most important lesson is that no matter what's our profession, nor our salary if we live a frugal lifestyle, if we cut out the waste, if we spend less than we earn and then invest that money on low - cost index funds and ETFs, Anyone has the opportunity to become financially secure.
>>... TO NSAIDI:... 1 — the gop must devolve and halt their purpose as A ROADBLOCK to PROGRESS, MOVING FORWARD...... 2 — the republicans must act to diminish the power of the tea party (more than 80 % OF AMERICANS FEEL THAT THE tea party IS DESTRUCTIVE and UN-COMPROMISING due to their innate HATRED OF THE PRESIDENT...... 3 — sit down AND COMPROMISE ON TAXES FOR THE RICH and SPENDING CUTS THAT ARE NOT MEAN and MEAN - SPIRITED.....
Ron Paul cuts 2013 Medicaid spending to a level 30 % lower than the Ryan budget (and that is on top of the 13 billion dollar Medicaid cut in the Ryan budget.)
Ron Paul cuts 2013 Medicaid spending to a level 30 % lower than the Ryan budget (and....
Yeah, I know he has Washington experience, but he has spent the last four years cutting taxes, balancing the budget, and presiding over a state with a lower - than the - national - average unemployment rate.
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