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But the budget is "always underestimated," and the government typically comes back to Parliament for supplementary financing.
The federal cuts would follow a decade of precipitous declines in supplementary financing of Head Start by some states.
But there are really no good alternatives here, given the continuing partisan standoff in Congress as well as lawmakers' unwillingness to provide the emergency supplementary financing the courts have asked for.
The Supplementary Financing Programme, under which Treasury issues excess debt and leaves the proceeds on deposit at the Fed, works but it is not failsafe because it's subject to the debt limit.7.
For example, the Treasury could resume its recent practice of issuing supplementary financing bills and placing the funds with the Federal Reserve; the issuance of these bills effectively drains reserves from the banking system, improving monetary control.
At first, the expansion on the asset side was matched by increased non-bank liabilities, mostly in the form of higher balances deposited by the U.S. Treasury into its regular and special supplementary financing accounts at the central bank, money the Treasury borrowed on the open market.
Similar(48)
Acknowledging and accounting for such is especially important as Hong Kong is at present undergoing a consultation exercise on supplementary health financing with particular emphasis on post-65 health care needs [ 35].
The state also pays an income-related supplementary pension financed through a payroll plan.
The fund will not substitute state-run pension systems (also known as first pillar pensions), but will provide supplementary benefits financed through employer contributions and private pension plans for individuals (so-called second and third pillar pensions).
In this context, user fees were introduced to provide an alternative and supplementary mode of financing public sector services.
The measure is sensitive to absolute and compositional changes in health systems financing (Supplementary Appendix p. 3) and was used instead of single indicators to avoid problems caused by multicollinearity.
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