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The shortfall is in lower revenues rather than higher spending, since faster than planned growth in current expenditure looks set to be offset by lower than expected increases in investment.
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The proposed budget calls for flat spending that will require a $1.26 million cut in current expenditures to compensate for cuts in state aid, new mandates and other costs.
He said he would consolidate $4 billion in current expenditures on teacher quality across 10 federal agencies, and send the money to states as block grants.
Indeed, compared with the same period in 2006, current expenditure decreased in absolute value during the first ten months of 2007.Tommaso Padoa-SchioppaMinister of economy and financeRomeExtreme sportsSIR – I am guessing that those Norwegians who jump off cliffs for fun would not take such dire risks if they had to pay for hospital treatment ("Human lemmings", December 22nd).
Two complementary indicators of economic hardships capturing self-reported economic difficulties were included; (ii) inability to meet expenses (difficulties in managing current expenditure for food, rent, bills, etc. during the past 12 months) and (iii) lacking cash reserves (not being able to get hold of 15 000 SEK (about 1600 Euros) within a week if needed).
In 2009 total current expenditure derived from dependency care (not just for people with COPD but for all dependency cases) totaled 4,848 million EUR, and in 2010 the figure was 6,767 million EUR [ 30].
The education department (which does not cover university funding) will be cut by 11%, mainly through a hefty reduction in its capital spending; its current expenditure will fall in real terms by only 3.4%.
We make assumptions according to the asset in question about what proportion of current expenditure is employed in the current period [ 39].
Total current expenditure in the first half of the year was £330 billion, compared with £279 billion in H12009.
On average, current expenditure in developing countries is estimated to be 0.007% of total health care expenditure, 14 times below this recommended norm.
Government consumption on goods and services follows the same hypothesis in the way that, given current expenditure budget, quantity demand for each commodity is distributed in fixed shares and varies inversely related to its price.
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