Sentences with phrase «with budgetary deficits»

Not exact matches

With the release of the June 2016 Fiscal Monitor, a new era of budgetary deficits is again upon us.

The legislation enforces limits on discretionary spending until 2021, establishes a procedure to increase the debt limit, creates a Congressional Joint Select Committee on Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such sDeficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such sdeficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such savings.

According to the statute's own language, it was designed with the «purpose of reducing the need for future tax increases, maintaining the highest possible bond rating, reducing the need for short term borrowing, providing available resources to meet State obligations whenever casual deficits or failures in revenue occur, and providing the means of addressing budgetary shortfalls.»

The Citizens» Budget Review Commission shall be established to assist and advise the Erie County Legislature in the oversight of the County's budget and to monitor county finances, ensure the long - term fiscal stability of Erie County, prevent the concealment of county deficits, and to help provide the Legislature with enough time and information to respond to budgetary problems.

He argued that while the control board projected the county would end both 2015 and 2016 with large deficits, Nassau concluded both years with budgetary surpluses.