Sentences with phrase «underfunded by billions»

But now, teacher pension plans are underfunded by billions of dollars, and states have been forced to cut benefits for future retirees.

Billy Easton, with Alliance for Quality Education, explains report showing schools are underfunded by billions of dollars.

Not exact matches

As of mid-2013, the crown corporation is unprofitable and has $ 1 billion in debt, a pension plan underfunded by $ 6 billion and negative net equity of nearly $ 3 billion.

Even worse, the cost of carrying these well organized groups is very much understated: nearly all the public - sector pension plans are underfunded by hundreds of billions of dollars and taxpayers are on the hook for the difference.

In addition to over $ 25 billion in debt, the company is saddled with a pension that is underfunded by over $ 7 billion according to the most recently published 10 - K.

ALBANY — New York state's public pension funds are underfunded by a staggering $ 120 billion — and taxpayers will have to shell out an additional $ 8.5 billion a year by 2015 to keep them in the black, according to a report released yesterday.

In 2003, the government maintained that HE was underfunded against its needs by around # 9 billion.

The governor proposes increasing education funding by $ 1.1 billion (only half of the $ 2.2 billion that nearly every education and student - focused organization in the state is demanding), but only if the legislature agrees to draconian education reforms that mistakenly blame teachers for poor student outcomes in underfunded, high need, low wealth districts.

The formula was set up to address a decade - old court order known as the Campaign for Fiscal Equity that said the state was underfunding schools by billions of dollars.

NYS schools are cumulatively underfunded by $ 9 billion.

«Elise Stefanik can't run away from the fact that she voted to underfund veteran programs by more than $ 1 billion — which would impact 70,000 veterans alone, as well as their families,» said Derrick.

That paved the way for a bizarre 2011 trial court decision holding that the state was underfunding education by billions of dollars each year.

In late 2011, a trial court judge, Sheila Rappaport, issued a bizarre and outrageous decision declaring that Colorado was underfunding education by billions of dollars.

APA's «continuation» of the School Funding Task Force's report estimated that $ 7.998 billion was required to realize educational adequacy for the 2003 — 04 school year, which implied that Minnesota's public school system was underfunded by approximately $ 953 million during that year.

States» teacher pension plans have been managed so poorly that they're now underfunded by $ 500 billion.

The Foundation Budget Review Commission said two decades of soaring costs for health care and special education services meant the state formula for aid to districts was underfunding schools by at least $ 1 billion a year.

When a state judge scolded the governor in 2011 for underfunding public schools by $ 1.6 billion, Christie's spokesman scoffed at «the failed assumption of the last three decades that more money equals better education.»

Unfortunately, Title I grants and related programs have been underfunded by tens of billions of dollars for decades.

The state has tried to improve its lowest - performing districts, but in the past six years Mississippi has underfunded schools by more than $ 1 billion and there is no extra money set aside to help conservatorship districts.

«Denver Court Decision in Education Suit Says Colorado is Underfunding Schools by Billions,» The Denver Post (12/9/11)

School budgets are already at breaking point and by 2019 - 20 will be underfunded by the tune of # 3 billion nationally.

The state law that dictates how funds are distributed to schools has left districts underfunded by more than $ 1 billion since 2008, according to the Mississippi Economic Policy Center.

For the last nine years, the state's schools have been underfunded by nearly $ 2 billion from the Mississippi Adequate Education Program, a reform passed in 1997 in response to vast education inequities between poor and not - poor districts.

Further, in the last year, Illinois school students were hit with a double whammy: the inequitable funding model and underfunding by more than $ 1 billion due to the budget impasse.

A cost study conducted in 2005 found that Connecticut was underfunding its schools by approximately $ 2 billion a year, leaving schools without the resources they need to close the achievement gap and help all students succeed.

Rather than address the fact that the State of Connecticut underfunds it public schools by almost $ 2 billion a year and the state should dramatically increase its level of support for public schools in the state, Governor Dannel Malloy went to New Britain today to announce a sham proposal that will further exacerbate Connecticut's failed school funding policies.

A study commissioned by Children's Voices and released in March by Augenblick, Palaich and Associates found that K - 12 education in Colorado is underfunded by $ 3.58 billion.

Manulife Financial's pension is underfunded by $ 1 billion, or 28 %.

Bombardier's pension is now underfunded by $ 1.6 billion, or 30 %.

Plus, the PBGC itself is underfunded by more than $ 20 billion.

According to Josh Barro, contributor at Forbes, «plans covering public school teachers, by their own admission, are underfunded by $ 332 billion.

The company's pension plan is also underfunded by a couple billion dollars.

We need road taxes that charge us by the mile for what it actually costs to build and maintain those roads (my state of Massachusetts is currently underfunded by $ 1 billion a year just to maintain the status quo, thats $ 155 / person / year).

... If energy research is underfunded by at least $ 11 billion according to the AEIC, what is a better approach to funding new energy technologies?

ARPA - E's $ 180 million budget allocation also leaves the agency critically underfunded compared to the $ 1.5 billion in eventual funding recommended by the American Enterprise Institute, Brookings Institution, and Breakthrough Institute in their report Post-Partisan Power or the $ 1 billion per year called for by the National Academies and originally envisioned in the bipartisan 2007 authorizing language that created the agency.

«In 2016 the European Commission assessed that European Union's nuclear decommissioning liabilities were seriously underfunded by about 118 billion euros, with only 150 billion euros of earmarked assets to cover 268 billion euros of expected decommissioning costs covering both dismantling of nuclear plants and storage of radioactive parts and waste.»

That decision held that Washington is underfunding public education by billions of dollars, according to The Seattle Times.