Sentence examples for future spending reduction from inspiring English sources
That's why both Obama and Ryan included $716 billion in future spending reduction in their budget proposals — although they would have made the cuts in very different ways (Obama via bureaucratic cost-cutting; Ryan through the voucher plan).
According to Kevin Logan, chief US Economist at HSBC securities, that would take future spending reductions or revenue gains somewhere else in the longer-term budget projections.
Going forward, the challenge for the ERG will be to continue to report future spending reductions accurately and explain any impact on services.
In the Senate, however, a number of Republicans are known to support higher tax revenues if Mr. Obama and Democrats agree to significant long-term reductions in future spending for the fast-growing entitlement programs, chiefly Medicare and Medicaid but also Social Security – just the trade-off Mr. Obama supports.
Now is the time to liberate further wealth creation by focusing on investment in infrastructure, so that real growth can support future spending of all types and the necessary debt reduction.
This Budget, he said, should set a clear timetable for deficit reduction and give more details of future spending cuts.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending.
Ford's prospective savings of $50 million or more -- 17 to 20percentt of current spending on retiree drugs -- might be augmented by a reduction of $40 million more in its annual accounting estimate of future spending for retirees if the changes in Medicare are enacted.
Deficit reduction will require creative thinking about additional revenue sources and judicious decisions about future spending.
Yet led by the White House, Democrats appear open to some future cost-cutting -- if it is balanced with tax increases to minimize the pain of the spending reduction.
Now, future spending is in doubt.
