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… You get credit for taking action to reduce outlays, without antagonizing all the people who get upset when you actually reduce outlays".
Some families are responding by adding more money, she said, but others see no choice but to reduce outlays.
In fact a decisive and credible plan to gradually reduce outlays would significantly reverse expectations of future tax liabilities, significantly shifting behavioural responses.
Under the Affordable Care Act of 2010 — "Obamacare" — the formula that governs payments to health-care providers was altered to reduce outlays significantly — about five hundred billion dollars over ten years.
By 2015, when the budget is supposed to come into balance, it plans to reduce outlays by C$5.2 billion a year just 1.9% of current spending compared with a 5% drop in Ontario.
What the speaker doesn't say is that recent measures, including the automatic spending cuts, would reduce outlays by more than $2 trillion over 10 years, or three times more than the higher taxes would generate.
Similar(50)
What is left, then, is $7 trillion in baseline spending for Medicaid and the social safety net — to which Mr. Ryan applies a meat cleaver, reducing outlays by $1.5 trillion, or 20 percent.
As reported previously, the GOL had initially pegged its 2009 national budget (now being debated at the session of the General People's Congress currently underway) to a price per barrel of USD 65; however, it recently re-calibrated the budget and significantly reduced outlays on some development projects to reflect sagging oil prices.
It is manipulatively reducing outlays for current interest charges by sharply shortening the average maturity of that debt.
However, the short term effect of their reduced outlays will put downward pressure on GDP growth.
The two largest, most important, and most active European military powers, France and the United Kingdom, reduced outlays in real terms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com