«They look like government vouchers, redeemable for a debt settlement in association
with a federal stimulus program.
The school benefits from the assistance of community partners and a grant funded
with federal stimulus money.
Soon, the approximately 130 PSM programs will likely be joined by dozens more, as the U.S. National Science Foundation (NSF) prepares to issue an announcement — expected later this month — of grants for establishing PSM programs
with federal stimulus funds.
Speaking on «The Capitol Pressroom» recently, Comptroller Thomas DiNapoli said government jobs are suffering now because they were shielded from the recession in the beginning
with federal stimulus money.
In the wake of intense opposition from the town and Orient residents, the authority eventually dropped that project, which was to be financed largely
with federal stimulus funds.
Not exact matches
The shift downwards could be due to a number of factors,
with the most likely culprit being comments made recently by American
Federal Reserve chairman Ben Bernanke, indicating an upcoming pullback in the Fed's economic
stimulus program.
Given the billions in
stimulus dollars that will be spent in coming years on infrastructure projects, demand for planners is likely to grow in lockstep
with the flow of
federal and provincial dollars to social housing, transit, public spaces and recreational amenities.
Just as he did this week, he'll now regularly share headline space
with Bank of England Governor Mark Carney, and
Federal Reserve Chairman Ben Bernanke, as all three grapple
with the ongoing task of economic
stimulus in the wake of the 2008 - 09 financial crisis.
With the economy humming and the tax cuts adding further
stimulus this year, the
Federal Reserve has made it clear that its decade - long policy of extraordinary accommodation is over.
A rift has emerged in the Canadian economic community,
with Bay Street economists calling for fiscal
stimulus from the
federal government while academic economists are openly hostile to the idea.
Finance Minister Jim Flaherty, who ran a projected $ 56 - billion
federal deficit last year, recently softened his stance on
stimulus along
with his deadline to get back to balance, but even little trims hurt.
While no major advanced economy currently employing these measures is expected to begin withdrawing monetary
stimulus in the near future, mildly encouraging data from the United States, coupled
with recent statements from various
Federal Reserve officials, have definitely caught the market's attention.
Central banks are eyeing the
stimulus exit door,
with the
Federal Reserve planning to begin unwinding its $ 4.5 trillion balance sheet as early as next month.
With the onset of the 2008 - 09 recession and the subsequent G20 agreement for countries to introduce temporary
stimulus spending equivalent to 2 percent of GDP, the
federal deficit ballooned to $ 55.6 billion in 2009 - 10; $ 33.0 billion in 2010 - 11; $ 26.3 in 2011 - 12; $ 18.4 billion in 2012 - 13 and $ 5.2 billion in 2013.14.
With the ending of the
stimulus funding and the repayment of the principal on assets maturing under the Insured Mortgage Purchase Program, the
federal government's new borrowing requirements are falling dramatically.
However, by September 2013, the IMF had done a 360 - degree turn and had the U.S leading a global recovery (albeit not very strongly) and the emerging market economies struggling
with rising interest rates, capital flight and falling exchange rates, resulting from the possibility of a tapering of
Federal Reserve Board monetary
stimulus.
MILESTONES By Gordon Platt The emerging - markets currency crisis, spurred by the
Federal Reserve's plan to begin winding down its economic
stimulus, is prompting the BRICS countries — Brazil, Russia, India, China and South Africa — to move forward
with the creation of...
The latest tame reading on inflation may give the
Federal Reserve more wiggle room, if it is deemed necessary, to enact another round of
stimulus, especially
with recent economic data on the U.S. economy a bit disconcerting.
While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US
Federal Reserve, urged such action on the Japanese government a decade ago to deal
with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed
stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.
In this interview
with NBR, David Kelly, chief global strategist at JPMorgan Funds, talks about when the
Federal Reserve should start to taper its
stimulus program and whether the economy is getting better.
With so much monetary
stimulus currently on offer, it's no surprise that we have seen a recent surge in stock prices worldwide;
stimulus that was reaffirmed again today as US retail sales came in below expectations, easing concerns that the
Federal Reserve would begin tapering as early as September.
But
with interest rates low because of the
Federal Reserve's sustained
stimulus program, Verizon was finally compelled to act before rates began creeping up.
This stance could have the reverse effect and provide Congress
with the
stimulus to address the legal and moral mess that is the USA's
federal stance on cannabis.
In addition to cutting the Department of Education's budget by $ 350 million, the plan replaces $ 853 million of expiring
Federal stimulus funding
with city money.
Unlike most states, New York shares its portion of Medicaid costs
with the counties, and the trend lines should concern every taxpayer: With federal economic stimulus funds running out and federal health insurance changes, 16 million more Americans are expected join the 60 million now enrolled in Medicaid by 2
with the counties, and the trend lines should concern every taxpayer:
With federal economic stimulus funds running out and federal health insurance changes, 16 million more Americans are expected join the 60 million now enrolled in Medicaid by 2
With federal economic
stimulus funds running out and
federal health insurance changes, 16 million more Americans are expected join the 60 million now enrolled in Medicaid by 2014.
With the help of
federal stimulus money, the company has created more than 50 weatherization jobs.
CATO Institute Associate Director
with the Center for Education Freedom Neal McClusky says in order to understand the push for Common Core, you have to go back to 2009, when the
federal government created the Economic
Stimulus package.
Silver, however, said he saw no possibility that the
federal government would provide the states
with a third round of
stimulus spending, especially since Republicans will control the House of Representatives next year.
Economic
stimulus funding through the
federal Recovery Act will direct $ 19 million towards Oneida County over the next two years to help deal
with Medicaid costs.
In 2009, more than one in five New York City residents lived in poverty,
with experts saying the level would have been higher without the
federal economic
stimulus program.
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With Florida facing a shrinking population for the first time since World War II, Republican Gov. Charlie Crist and the GOP - controlled Legislature balanced a $ 5.9 billion shortfall with cuts, federal stimulus money and tax hikes, including a $ 1 - a-pack tax increase on cigaret
With Florida facing a shrinking population for the first time since World War II, Republican Gov. Charlie Crist and the GOP - controlled Legislature balanced a $ 5.9 billion shortfall
with cuts, federal stimulus money and tax hikes, including a $ 1 - a-pack tax increase on cigaret
with cuts,
federal stimulus money and tax hikes, including a $ 1 - a-pack tax increase on cigarettes.
«Without the funding that our region is receiving from the
federal stimulus package, along
with the funding Gov. Paterson and the Legislature approved for our youth, these young people would be left behind.
State Budget Director Robert Megna added that the state has gotten less funding from the
federal government during the past year and a half, especially
with the end of the
stimulus package instituted after the 2008 financial crash.
I know the «experts» at the
Federal Reserve
with their Keynesian economic approach to government «
stimulus» and bailouts have been completely wrong in their analysis and prescriptions for the financial crisis.
The South Carolina Supreme Court late last week ordered Gov. Mark Sanford, a Republican, to request $ 700 million in
federal stimulus money aimed primarily at struggling schools, ending months of wrangling
with legislators.
With the state still mired in the recession and the end of
federal stimulus funding, Corbett clearly had to cut state spending to balance the budget.
The school district could not know exactly what Corbett planned to do
with the education budget, but it recognized that a big increase in state funding to offset the elimination of
federal stimulus funding was unlikely.
Although the total number of education jobs is dropping at unprecedented levels, the
federal economic -
stimulus package approved last year by Congress can be credited
with paying for 342,000, or 5.5 percent, of all teaching jobs nationally this school year, according to a new report.
The latest example: Michael Fletcher, writing for the Washington Post on Tuesday, who misleads his readers
with the following: «The $ 4.35 billion effort was enacted last year as part of the $ 787 billion economic
stimulus plan, marking one of the largest
federal expenditures ever on the nation's public schools.»
In the last three months of 2009, the education portion of the
federal economic -
stimulus program paid for 329,551 school - related jobs, such as teachers, librarians, and counselors, according to the latest reports that states and school districts filed
with the U.S. Department of Education.
Two years ago this month, Congress passed the American Recovery and Reinvestment Act — the economic -
stimulus package —
with its one - time
federal investment of nearly $ 100 billion in education.
South Carolina educators use
federal stimulus dollars to work
with students in danger of failing to earn diplomas.
The poster child for this critique was Colorado's EAGLE - Net, funded in 2010
with $ 100 million in
federal stimulus support.
Although
federal tax revenues are far short of anticipated spending, the
federal government is not about to step in
with still another
stimulus package.
Programs serving the nation's economically disadvantaged students and those
with disabilities are receiving massive funding boosts through the
federal stimulus package — $ 13 billion for Title I aid and $ 11.3 billion for special education — but how school districts choose to use the money may set them up for problems when it dries up.
The money, which was part of the
federal stimulus package, is expected to be released in two phases,
with the first occurring early next year.
In the first year,
with the economy imploding and New jersey's share of the
federal stimulus spent by former Gov. Jon Corzine, Christie cut more than $ 1 billion in aid to districts.
The Race to the Top initiative, initially financed through the 2009
federal economic -
stimulus legislation, gave Democrats the political cover to push for priorities such as expansion of charter schools, alternative teacher training, and teacher performance evaluations tied in part to students» academic gains — issues that previously had been associated most closely
with Republicans.
Key state economists gathered at CEA today — along
with reporters — to discuss a variety of topics from the depth of the state recession to the wisdom of how
federal stimulus funds were applied by state policymakers.
Federal stimulus funds helped plug in gaps primarily by saving as many educators» jobs as possible — but it was still not enough money to keep pace
with the growing numbers of schoolchildren coming into North Carolina classrooms, in particular
with regard to classroom supplies.