Its budget deficit is running at an estimated 8% of GDP (including off-budget items).
The LOBO administration inherited a difficult fiscal position with off-budget debts accrued in previous administrations and government salaries nearly equivalent to tax collections.
In 1953 total federal tax receipts were just 18.7% of Gross Domestic Product (GDP) (17.6% On-Budget and 1.1% Off-Budget) while federal outlays were 20.4% of GDP.
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It is difficult enough for policymakers to agree on the benefits of on-budget, spending activities whose costs are fully known (Amtrak, highways, welfare), let alone off-budget regulations.
The deteriorating state of public debt as off-budget spending swelled combined with institutional weaknesses and the rigidities imposed by the pegging of the peso to the US dollar, it found.
Cloud projects often occur as tactical arrangements, either prompted by IT for greater access to tools and platforms, or by lines of business to acquire services or capabilities as needed, and often off-budget.
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Later, a senior Treasury official said that Labour should have "no time for off-Budget gimmicks" and said it was "foolish and regrettable" that both sides were briefing against each other at the party conference.
Even while Governor Brown brags of a balanced budget, he ignores the off-budget pension fund deficit which threatens loss of government services and closure of parks and libraries, prompts municipal bankruptcies, and keeps the state deeply in debt.
The bipartisan trade-off: implement a budget-neutral carbon tax off-set by lowering income or corporate taxes elsewhere.
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The two sides have been locked in on-again, off-again budget talks since 2011, and the negotiations have routinely broken down or led to piecemeal deals.
Second, it puts more people back to work, including up to 280, 000 teachers laid off by state-budget cuts, first responders and veterans coming back from Iraq and Afghanistan, and construction workers repairing crumbling bridges, roads and more than 35, 000 public schools, with projects chosen by need and impact, not earmarks and politics.
Shared computing, it is said, will knock 20% off your data-processing budget.
Yet, the numbers put in front of us through this budget proposal do not lie -- this budget takes us off that path and puts us into new and dangerous territory.
CNN: Commentary: Budget a 'clear and present danger' to our kids
This is a perfect example of what I wrote yesterday about why the big studios really need to focus on blockbusters with lots of spin-off potential even if it means no more mid-budget movies.
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It is thought likely that in the coming months the government will make clear that the April 2013 cut-off for GPs to take on the budget is not an absolute deadline.
So even if Mr Greenspan is right, and the public debt is paid off sooner rather than later, the long-term budget position, properly conceived, still does not require a tax cut now.
Worse trouble has been staved off by seven years of budget restraint, large foreign-exchange reserves and a hefty overseas investment portfolio.
Most pundits and the non-partisan Congressional Budget Office have noted that the shock of tumbling over the fiscal cliff could kill off a still-fragile recovery and possibly tip the U.S. economy back into recession.
Surrey are set to make 20 of their off-field staff redundant in an attempt to plug a budget deficit, while Kent have had to deny rumours that they are in danger of going into administration.
Unveiled on the NAB show floor, the 35, 000-lumen and 25, 000-lumen models display extremely crisp and bright images -- big-budget car commercials and surfing footage basically pop off the screen.
The bigger worry for the zombie world is that well-meaning budget cutters might actually succeed in cutting zombies off from their food supplies.
And, since they did not have vast deficits to swallow up the early windfalls of the boom (all but Vermont have balanced-budget requirements), the governors have been pulling off an impressive feat for years: cutting taxes while increasing both spending and surpluses.
Historically only 9% of laid-off workers have opted for Cobra (named for the Consolidated Omnibus Budget Reconciliation Act of 1986).
To finish off the night I wandered over to a couple tables pouring the big-bottle budget Gruners.
Budget-minded travelers with more free time would be better off using a local phone card or VoIP services.
But the idea was rejected by other more hard-line Republicans, including Rep. Dick Armey, R-Texas, who said workers should stay off the job until a balanced budget is passed and signed by the president.
CNN: Budget impasse continues amid mix of pessimism and hope
The count would change if the low-budget Minnesota Twins, two games out of first place, knock off the Detroit Tigers (fifth-highest payroll) in the American League Central.
And because it operates with few empty seats, common in the budget-conscious industry, "one late flight will throw off the rest of the day, " says spokeswoman Kristen Loughman.
To manage this risk, Menezes four years ago began installing trip wires that are set off when a country has a problem--like a spike in inflation or a budget deficit.
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