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The ballot initiative process — in which legislators or independent groups ask voters to mandate how the state's money is spent or not spent — has become at times an exercise in fiscal self defeat, with voters moving to earmark money for one special program one year, only to contemplate undoing their own will a few elections later.
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He said the package "weakens the foundation for a currency union based on fiscal self-responsibility".
The bill would also remove a provision from existing law that requires Amtrak to work toward fiscal self-sufficiency.
"We will strengthen the government pension fund, build schools, fix and construct roads, and continue to move the U.S. Virgin Islands toward fiscal self-reliance," he said.
The incentive structure created by democratic political competition in an internet-era media society may actually be driving countries towards fiscal self-destruction.
For all the welcome focus on tax, domestic resources and fiscal self-reliance, this conference should not squander the opportunity to ring in this historically significant procedural change.
This oligarchy remains afloat on huge sums of Treasury cash, enough to make Greece seem a model of fiscal self-reliance.
I thoroughly enjoyed "Alan Greenspan Fanfic," by Rob Dubbin Greenspann flipped through the pages of his formidable intellect, focusing on the topic he'd been asked to discuss and marshaling such time-tested phrases as "market exuberance" and "fiscal self-regulation".
FOR the most concise description of how fiscal self-restraint has changed in the last decade, look no further than the bill adopted last week by the House Budget Committee.
Yet prime minister Mariano Rajoy's new (and conservative) government's pleas to give Madrid some leeway on spending cuts fell on deaf ears at Friday's EU summit of fiscal self-flagellists in Brussels.
The July , 2012 Tokyo International Conference on Afghanistan issued a declaration on a "Partnership for Self-Reliance in Afghanistan" between the Afghan government and its donors, who committed themselves to working toward "a peaceful, stable and self-sustaining Afghanistan" based on "sustainable economic growth and development and fiscal self-reliance".
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Justyna Jupowicz-Kozak
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