Sentences with phrase «which slashes spending»

The governor has repeatedly defended his budget plan, which slashes spending across the board, including major cuts to education aid.

The decline was due entirely to cutbacks by wealthy nations, which slashed spending by $ 72.6 million; poorer countries actually increased funding by $ 5.1 million.

Not exact matches

Both countries» economies are growing but under Trump, the U.S. slashed corporate taxes and passed a US$ 1.3 - trillion spending bill, which will juice the economy and make higher interest rates a given.

The results are expected to slash runaway health care spending, which now equals almost a fifth of America's GDP.

These «furloughs,» which resulted from the sudden need of the FAA to slash spending by 10 %, kicked in on Sunday.

Turner said that if it were up to him, he would cut federal spending by 35 percent — including gutting the U.S. Department of Agriculture and the U.S. Environmental Protection Agency and slashing the budget of the U.S. Department of Education — which he said would take about seven to 10 years to accomplish.

Chancellor George Osborne has ordered cabinet ministers to draw up plans for the 40 per cent spending cuts, which will include slashing services and axing hundreds of thousands of jobs.

During his recent testimony before the House Education Appropriations Subcommittee, U.S. Secretary of Education Arne Duncan blasted House Budget Committee Chairman Paul Ryan's (R - WI) FY13 budget proposal to slash federal spending, which the White House estimates would result in a more than 5 percent cut -LRB-- $ 784 million) to Title I grants (currently $ 14.5 billion) in FY13 and a 19 percent cut -LRB-- $ 2.7 billion) in FY14.

With Brexit representing merely the latest shock, economists warn the planet is at risk of sliding into a low - growth trap in which companies retrench, wages are slashed and consumers spend less — all at a time when central bankers seem powerless to do anything about it.

Fans of fast - paced hack and slash zombie killing games may get annoyed with the style of game but those looking for an experience which stays true to the brand, then this is the best 5 bucks you even spent.

Like the rest of its Puffleg brethern, it has «little cotton balls above [its] legs,» said Luis Mazariegos - Hurtado, who has spent 30 years documenting hummingbirds and founded the Colombian Hummingbird Conservancy, in an interview with the AP.The bird's tiny territory in the Cauca province is under siege, however, by the environmentally destructive drugs industry, which relies on slashing and burning vast swathes of land for growing illegal crops such as coca, otherwise known as the raw material in cocaine.