Sentences with phrase «years of cutting public»

Indeed, they were plans that envisaged the Chancellor... standing here in 2014 presenting a spending review that still had years of cutting public spending ahead of it.»

«envisaged the Chancellor of the Exchequer standing here in 2014 and presenting a spending review that still had years of cutting public spending ahead of it.»

Not exact matches

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

Speaking at the first Prime Minister's Questions since the general election earlier this month, Corbyn said years of Conservative government cuts to local authority budgets had put public safety at jeopardy and had played a part in the fire that destroyed a tower block in Kensington, west London earlier this month, killing at least 79 people.

The results also showed that Uber cut its fourth - quarter net loss by 25 per cent from the third quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next year.

«Rather, growth in disposable income (and thus in consumption) has been sustained since last year by another $ 1.4 trillion in tax cuts and extended transfer payments, implying another $ 1.4 trillion of public debt.»

Sturm Ruger, another public company, cut its production levels by 24 percent last year and also laid off 28 percent of its employees, according to Wedbush analysts.

The Tax Cuts and Jobs Act approved expanded use of 529 plans to include tax - free distributions (after December 31, 2017) of up to $ 10,000 per year per student to pay for tuition at elementary or secondary public, private, or religious schools.

The deal will boost Aramco's downstream business ahead of a planned initial public offering next year and also bolsters Malaysia's state - controlled Petroliam Nasional Bhd - known as Petronas - after it cut spending because of the slump in oil prices.

Announcing this week that the government will increase funding to the Ministry of Energy and Mines is simply an admission that years of cuts to inspection and enforcement have hurt not only public safety but industrial development in B.C.,» said Horgan.

Malloy's proposed budget this year would bring more deep state cuts, either in staffing or pay and benefits to public employees, along with a shift of hundreds of millions of dollars in costs to cities and towns.

For the next few years, Mr. Kowalski languished in the Tory backbenches, emerging to criticize Premier Klein and his cabinet ministers ever so often (even once accusing them of ««misleading the public pretty dramatically about cuts to his former Ministry of Economic Development and Trade).

After interviewing some former Irish terrorists and seeing the carnage they wrought, Burleigh can not understand why so many clergymen came to their aid, why so many Irish Americans toasted and financed their activities for years, and why movie scriptwriters continue to mislead the public: «Hollywood contributes its quotient of surreal movies about nobly moody Irish terrorists allegedly facing agonizing moral dilemmas, rather than the reality of intimidating drunks cutting people's throats....

Two years after the creation of CPB, Nixon instructed his staff to see to it that «all funds for public broadcasting be cut immediately.»

The findings of the investigation, which began in March after Fairfax Media exposed wage fraud and a business model that pushed some franchisees to cut corners by underpaying workers, will be made public early next year.

It's precisely the sort of original cutting edge that may help the MISL to gain public awareness, then an identity and finally the success that no other new league or new sport has in recent years.

During a public hearing on the issue, district officials explained the staff cut was based in part on the current number of students registered for school next year.

Despite severe cost cutting, scores of layoffs and wholesale restructuring last year, Chicago Public Schools faces a budget deficit estimated at $ 600 million to $ 700 million in 2013, with the cost of a longer school day still unknown, officials said.

I'm very skeptical of most of the public voices who are loudly in favor of budget cuts now, because too many of them were the same people praising the Bush tax cuts that blew the deficit through the roof (nice work that, turning surplus into record - setting deficit in just a handful of years).

Ninety four per cent of public spending cuts are yet to hit the UK, and the public sector is due to come under more pressure in the next few years.

«It will be paid for by further years of austerity, public services brought to near collapse, public sector pay cuts and a welfare cap that bites into the safety net that any of us might need.

«Public sector spending cuts are now beginning to bite and with the exception of a steady recovery in the private housing market, where starts are forecast to increase by 5 % this year and 11 % next, the private sector is pretty subdued.

In those more recent fiscal squeezes, year - to - year cuts in public spending have been notably less deep than those imposed after both world wars or the «Geddes Axe» cuts initiated by the Conservative - Liberal coalition of the early 1920s.

The Institute for Fiscal Studies have warned that Brexit could cause at least two more years of cuts to public services.

According to the report, despite the convictions, Percoco is eligible to collect $ 36,000 a year in pension money, despite a new law that was passed in the fall that would authorize a judge to cut or reduce pension payments for public officials found guilty of a felony crime, but since Percoco's crimes were committed before Jan. 1, he will not be stripped of his payments.

The new head of New York City's cash - strapped public hospital network has cut $ 16 million in consulting costs since he started two months ago — but the system is losing up to $ 190 million a year for unbilled services to the insured.

Over the past week I've heard the following arguments - they want to lift the poor out of tax, actually the main beneficiaries of this policy won't be the poor because they don't pay tax, but will instead be the middle class, anyway, on a point of principle we need to simplify the tax system, and we need to cut public services by # 80 billion per year, or maybe we don't.

He also partially distanced himself from the policy of Alistair Darling, the previous Labour Chancellor, to make public spending cuts sufficient to halve the government deficit in four years, by calling it a starting point.

Last year the governor's budget called for the consolidation of 89 public health programs coupled with a cut in funding of 10 percent.

But increasing the amount of taxpayers» cash handed over to political parties by # 23 million a year can not be morally justified, especially in the current economic climate when the public are feeling the squeeze and facing some cuts.

When the Labour governments elected in those years squandered their political support by wave after wave of pay restraint and finally IMF - inspired cuts in public spending, Margaret Thatcher came to power in 1979 and made a last ditch attempt to stem the Tory decline.

«Over the last few years we have seen countless public sector IT contracts fail, such as the delivery of tax credits, and the level of services provided by departments reduced in the face of massive job cuts,» said general secretary Mark Serwotka.

The President of the state worker union the Public Employees Federation, Ken Brynien, says he's pleased that the governor seems to realize that state government can not continue in its current form, after years of budget cuts and staff attrition, and that it needs to be reorganized.

Environmental agencies have seen hefty funding cuts over the past two years, which forced hundreds of layoffs and temporarily closed several parks and historic sites (public outrage ultimately convinced the legislature to restore park funding).

With the reasonableness of the provincial lawyer that he is, Darling muses that if Brown had come clean with the British public about the depth of the economic crisis and the urgent need to cut spending in the coming years, this could have brought success at the 2010 general election.

This has been a welcome bounce back from the poor conditions experienced during the winter months, but there remains a great deal of concern regarding the year ahead given that we have not yet seen the full impact of the public sector cuts and the Association forecasts that construction output will fall in 2011 and 2012.

Bloomberg's budget cut funding for the public advocate's office by 11 percent, which comes on top of last year's 40 percent reduction.

Among the party's other policies: a # 50bn a year cut in spending, a 31 per cent flat rate of income tax, the abolition of national insurance, a five - year freeze on new immigrants settling in Britain, a ban on wearing the burka in public - and in some private — buildings, and boot camps for young offenders.

The Financial Times suggested that in order to find additional cuts of # 30 - 40bn, the incoming government might have to cut public sector pay by 5 per cent, freeze benefits for a year, means - test child benefit, abolish winter fuel payments, and cut free TV licences and bus passes.

«Throughout these years, because of the perilous public finances we inherited from the last Labour administration, difficult cuts have been necessary.

First, the economy: These last three years have been a success not only because the Conservative - led Coalition stabilised the economy and cut the deficit down to size, but because the Government started the process of rebalancing the economy away from the bloated public sector.

«We know they plan to get rid of a million public sector jobs and cut the value of public sector pay every year in the next parliament if they win the election.

It was a moment unimaginable in the governor's first term, or in his four years prior as state attorney general, when he forged a reputation as a cutting - edge social liberal and a cast - iron fiscal conservative, a triangulating centrist contemptuous of public sector unions and of the anti-Wall Street outrage that erupted after the 2008 financial collapse.

The sheer magnitude of continued «unspecified» spending cuts forced by the two percent spending cap — $ 1.7 billion in fiscal year 2017, $ 3.3 billion in 2018, and $ 4.8 billion in 2019 — will inevitably starve our schools and public universities and prevent our state from making the investments needed to expand opportunities for those struggling to lift themselves out of poverty.

Nick Clegg and the other Lib Dem negotiators called for a «a commitment not to raise the cap on tuition fees» (a watered - down version of their manifesto pledge to phase out tuition fees over six years), a cut in the number of government ministers, a four year fixed - term parliament and «a commitment to no public subsidy for nuclear power stations».

RFID provides the opportunity to use technology to improve public service and assist staff, whose numbers have been reduced by previous years» budget cuts, in meeting the demand from heavy patron usage of library services;

Instead of competing with the Tories over cuts, Labour should be demanding a major public sector investment programme of job creation in infrastructure, housing, and service provision funded, not by any increas in public borrowing, but by taxing the 0.1 % super-rich on their # 190bn gains since the crash 4 years ago.

At the current rates of inflation, he's committing to a four per cent real cut in public sector salaries each year for another two years.

However, in recent years, as both the ICE and NEF reports recognise, the six main forms of public support for bus services have all been cut or have shrunk in real terms.

The public spending cuts will wound a sector bolstered by injections of funding under Labour from the mid-90s when money was redirected away from universities to early years learning and further education.