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The company will reallocate $100 million in current spending to finance some cost-cutting initiatives.
They responded by saying the earmarks in current spending bill were far more transparent — and so less wasteful — than those passed by Republican majorities during Mr. Bush's presidency.
Her budget overruns on an annual clothing allowance of about $3.6 million in current spending power were, in some years, more than double.
Another idea is to be more tolerant of public spending that can be classified as "investment", while cracking down on structural deficits in current spending.
That said, Mr. Cuomo's total budget of $132.9 billion is still a 2.7 percent reduction in current spending — one of the largest in recent history.
Instead, Osborne will make the best of a bad job with growth boosting infrastructure measures balanced by cuts in current spending, coupled with an embarrassing acceptance that it will take longer than expected to turn the public finances round.
Similar(42)
In Iraq, if current spending levels continue, the United States will spend roughly $46 billion a year on its postwar military mission.
The debt held by the public could keep rising, reaching 77percentt of GDP in 2021 if current spending and tax policies are unchanged, the CBO said.
Clarke is in no doubt that if current spending trends continue we will see clubs go bust and disappear.
Senate Republicans want to extend the debt ceiling for just a few weeks, but would fund government agencies for a longer period to lock in current low spending levels.
Second, progress in curbing current spending has been significant in the past two years thanks to the action of the present government.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com