Exact(16)
However, he highlights pressure on spending in future months.
It could mean that any attempt to rein in spending in future might tighten policy dangerously fast.
The story in Canada and Sweden was that aggressive belt-tightening would release more spending in future.
If government engages in fiscal stimulus by spending more or by reducing taxes, people will realise that such a policy means higher taxes or lower spending in future.
His request for the 2010 fiscal year did not seek immediate cuts in Constellation but trimmed the projected spending in future years.
The central measure, Proposition 1A, would have increased the state's rainy-day fund but also restrict spending in future years, and extend several temporary taxes.
Similar(44)
This completely contradicts the approach described by the mayor's chief of staff, because the government and mayor are cutting investment today and will have to spend spend more in future years.
"Once you have it, it is currency you can spend in future elections.
This is the same discount rate used to compare money spent in 2005 with money spent in future years.
The White House did not provide additional specifics on how the money would be spent in future years.
Syria has certainly been an avid customer for Russian arms though whether it will have money to spend in future is another matter.
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