Sentences with phrase «years of balanced budgets»

Suozzi reflected on eight years of balanced budgets during his time in office.

Not exact matches

The CAQ has come out swinging with the promise of balancing the province's budget within a year of being elected.

After eight consecutive years of deficits the goal of a balanced budget remains elusive.

The authors said Trudeau's fiscal stimulus would add 0.5 % to economic growth this year and next, allowing the economy to reach its non-inflationary level of potential output faster than if former prime minister Stephen Harper's obsession with a balanced budget had remained Ottawa's priority.

Together, these revenue increases are projected to be sufficient to balance the budget in each of the next three years.

Glen Hodgson, senior vice-president and chief economist, Conference Board of Canada It's good that the government is still shooting to balance the budget by 2015 and gives itself room to do it at least a year earlier.

The boom years for employment and balanced federal budgets in the 1990s had everything to do with the emergence of the Internet rather than with any enlightened economic policies.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

While Congress generally found a way around the most unpleasant aspects of 1980s - era cliffs, their presence imposed a parsimonious mood on Washington that eventually resulted in the balanced budgets of the Clinton years.

It took some painful cuts and some reorganization of state agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offbudget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget OffBudget Officers.

The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet by reducing planned deficits in one year at the expense of deeper spending in future years.

Page 287 of the 2014 Budget has an estimate that a 1 - percentage point decrease in GDP growth would reduce «the budgetary balance by $ 3.7 billion in the first year, $ 4.5 billion in the second year and $ 6.0 billion by the fifth year.»

Last year, when asked about balanced budget legislation he told the House of Commons Standing Committee on Finance «I don't think writing something into law, and then expecting that future governments will be held by that, is realistic.»

The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.

The best fiscal rules are more flexible, promising to keep the structural deficit in check, for example, or pledging to balance the budget over a number of years.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

Finance Minister Mike de Jong may have called this year's provincial budget a «triple B» effort (a «boring balanced budget»), but The Vancouver Board of Trade thinks today's budget deserved a B +.

Yes I realize the AFB and everyone else has a formula to balanced budgets, but with corporate taxes a mere shadow of what the were some 20 years ago, it will take a whole pile of growth or it will tax some major tax reform to keep the books out of the red and push into the black.

For all the years of GOP lawmakers calling for balanced budgets, at least on paper, the House budget would reach balance, while the Senate budget would not.

It has recently been reported that the University of Alberta wants to «reopen two - year collective agreements» with faculty and staff «to help the university balance its budget...» This appears to be in direct response to Alberta's provincial government announcing in its March budget that there would be a «7 % cut to operating grants to universities, -LSB-...]

Even with this adjustment, we believe that the outlook for direct program expenses in the outer years is understated, putting the achievement of a balanced budget over the medium term at even greater risk.

The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.

If the deficit was due to «extraordinary developments», the budget could be in balance the following year, especially if the government maintains its practice of including a risk adjustment factor or Contingency Reserve (normally $ 3 billion) in its budget projections.

«Balancing the budget for a fourth year in a row --- while other provinces grapple with debt, deficits, and economic uncertainty — is an accomplishment that gives the business community reassurance that B.C. is on the correct course,» said Iain Black, President and CEO of The Vancouver Board of Trade.

Under Bill C - 59, if the Minister of Finance tables a budget that projects a deficit or if a deficit is reported at the end of the fiscal year, the Minister must appear before the House of Commons Finance Committee within the first 30 days of the House of Commons sitting to explain the reasons for the deficit and present a plan for a return to balanced budgets.

I think we will get some version of the so - called penny plan to reduce spending as well (penny plan = hold flat nominal discretionary spending, or reduce it or 1 % each year until the budget is balanced).

However, whether or not a balance budget will be recorded for 2015 - 16 will not be known until the fall of 2016 — a full year from now.

The Budget also noted that once the EI Operating Account returns to balance, the CEIFB is to set a rate for each year that would generate enough premium revenue over the next seven years equal to the forecast cost of the EI program during that period.

The PBO forecast, including a contingency reserve, shows a balanced budget in 2015 - 16, followed by deficits of $ 16.5 billion, $ 19.4 billion, $ 17.1 billion, and $ 14.2 billion in each of the following years.

In light of recent developments, too bad Harper didn't stick to his 2011 commitment — to balance the budget over the medium term, without specifying a specific year.

We estimate that balancing the budget in ten years would require savings of between $ 7 trillion and $ 10 trillion, while just stabilizing the debt at its already high level would require $ 5.4 trillion to $ 8 trillion.

In 2015 - 16, the year in which the Conservatives promised a balanced budget or better, PBO is forecasting a surplus of $ 3.7 billion, compared to the Budget 2013 forecast of only $ 0.8 bibudget or better, PBO is forecasting a surplus of $ 3.7 billion, compared to the Budget 2013 forecast of only $ 0.8 biBudget 2013 forecast of only $ 0.8 billion.

Mr. Flaherty also said Canada remains on track to balance its budget for the 2015 - 2016 fiscal year — and Canadians are due to go to the polls in the fall of 2015.

This means that over the balance of the current fiscal year, the government only needs to post a surplus of $ 3.3 billion in order to balance the budget in 2014 - 15.

On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.

Budget balance has been achieved despite a slowing economy and new tax cuts mainly by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.

With the federal budget coming soon, it is also worth recalling that the Liberals promised to run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budget.

While the Liberal recruits spoke of worrying long - term trends of aging and lagging growth and the PQ prepared for events to tout the party's integrity, the Coalition Avenir Quebec made a bold promise to balance the budget within a year.

The Federal budget released in late March provides modest fiscal stimulus to the Canadian economy during the balance of the year.

To balance the budget in that year, assuming interest costs of $ 42 billion, will mean holding program spending to $ 234 billion.

Budget 2018 - 19 expects a deficit of $ 19.4 billion for 2017 - 18 and forecasts deficits for the next five years, without any timeline to balance the bBudget 2018 - 19 expects a deficit of $ 19.4 billion for 2017 - 18 and forecasts deficits for the next five years, without any timeline to balance the budgetbudget.

The government's 2015 election platform originally proposed three years of deficit spending followed by a balanced budget in 2019 - 20.

Using the change in the underlying cash balance between financial years as an approximate indicator of the fiscal impact, the Commonwealth Budget is expected to add to growth by around 1/4 per cent of GDP this financial year, compared with a contractionary effect of around 3/4 per cent in 2002/03 (Graph 32).

The government continues to predict balanced budgets over the three - year term, though there is a significant change in the debt profile of B.C., notably our taxpayer - supported debt, which is scheduled to increase more than 17 % over the next three years.

Inflation wasn't a problem during the Eisenhower years; but it might have been had Eisenhower himself not been both a proponent of balanced budgets and an inflation hawk.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

Furthermore, Ryan's death check list AKA the Ryan Plan is actually a 28 year projection not the 10 year projection they are using in the discussions... The reason they are using a 10 year projection is because Obama's plan is a 10 year projection that would balance the budget, Romney / Ryan plan is a 28 year projection that would double the deficit in 10 years, and as people die off between years 10 and 28, and we have a theoretical unprecedented growth of the economy it would break even at the end of year 28... Go look it up for yourself... Then

«I have had to set priorities and budget my time between water polo, school, and a social life,» he said of balancing studies and sports with enjoying his senior year of high school.

We need a balance of the whole thing... the football governing bodies have to enforce financial fair - play, clubs have to respect it, coaches have to have the right performance and strategies while operating within budgets, players have to deliver, fans have to be realistic on expectatiins (no football club can win everything every year..

And, having now worked closely with Houston ISD's Food Services department for the last four years, I feel only sympathy for school districts trying to balance their budgets while meeting the HHFKA's healthier school food mandates, all in the face of insufficient funding and negative student reactions to the food.