Virtually any spending program can be transformed into a tax expenditure that directs money in the same way.
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The central government clearly engineered a multi-year upturn with its last centrally directed spending program, which was announced in November 2008.
Until then, piecemeal fixes by courts or legislatures would be like trying to fix a massive multiple generational government budget deficit by tweaking a little tax rate here, a spending program there.
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This week the Supreme Court rejected that equivalence, ruling that an Arizona tax credit differed enough from a comparable direct spending program to deny taxpayers the right to sue on the basis that the credit represented an unconstitutional government activity.
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His spending program, known locally as the Economic Transformation Plan, is a bid to drag Malaysia out of the so-called middle-income trap, which forces many emerging economies to compete with each other in producing cheap exports instead of developing more-sophisticated, value-added products.
First, can spending reductions or revenue increases in the program offset spending increases or revenue reductions in other programs?
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In our fiscal year 1986 budget, overall government program spending will be frozen at the current level.
Spending on the program is projected to grow by 6.3% each year through the end of the decade.
After 10 years, spending on the program was reduced by half as a result compared to prior trends.
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Grist declined to say how much money BMW is spending on the program.
The document is an honest and thoughtful effort to restore fiscal balance through the combination of reduced spending and entitlement program reforms, and increased economic growth.
The Boston attack renewed attention on federal budget cuts that reduced spending for a program called Urban Areas Security Initiative, which pays for equipment, training and salaries for counterterrorism efforts.
It is ironic that tying spending decisions to program performance is viewed by some as something new, that the Administration even had to establish an initiative for such a basic element of good government.
The Federal government sent its share of spending on that program in a block grant back to the states with the funds to be spent on a new program designed by each state based on required work for the able-bodied.
With personal accounts shifting so much of Medicare spending to the private sector, public spending on the program would fall by 50% from where it would be otherwise, while seniors would enjoy better health care than Medicare will be able to provide.
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But Congress passed a measure last December that prohibits spending to establish a program to lease oil shale on federal lands.
Federal officials are understandably looking for easy ways to cut spending in the entitlement program in hopes of shoring up its finances.
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For example, the BOP unilaterally abolished the shock incarceration program, spending unnecessary millions by replacing sentence reductions and increased home detention with prison time for nonviolent offenders with minimal criminal history.
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Kasparov had beaten the machine one year earlier, and for the second event, IBM pulled out all the stops, hiring top grandmasters to improve their program, spending millions on splashy print and TV advertising.
Before she joined the State Department, Smedinghoff served on the board of directors for the Ulman Cancer Fund for Young Adults' 4K for Cancer program, spending a summer cycling across the United States to raise money and awareness.
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Polling has consistently shown most Americans back the president, who insists wealthy Americans must pay more, rather than Boehner and his Republican colleagues, who have balked at tax rate hikes and demanded spending cuts and entitlement program reforms.
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The government, which has long played on its AAA rating as a sign of its economic might, has been pursuing a harsh program of spending cuts and tax increases to reduce the budget deficit, which at 7.4 percent of annual economic output is more than twice the EU's 3 percent limit.
Put simply, both Democrats and Republicans have an opportunity to drive bipartisan cooperation and reduce health care spending through a proven government program.
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Yet money velocity may pick up quickly when companies sell off the last of their inventories and Uncle Sam's massive stimulus program gets consumers spending again.
White House officials say Mr. Obama will pick other battles with Republicans, such as defending his health-care program or education spending, that will please his liberal base.
He is the architect of the House Republican plan to rein in federal spending and reshape the Medicare program, making him a leading representative of the most fiscally conservative lawmakers.
But with an aging population and rising health care costs, we are spending too fast to sustain the program.
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Customers who enrolled in the program, which reports spending data to alternate credit reporting agency PRBC, still receive this reporting service.
While many stimulus projects have come under fire as pork barrel spending, backers of the nets program say it is a model for helping those battered by the economic downturn while completing needed public works.
House Republicans passed legislation this month that would swap looming Pentagon spending cuts with a host of domestic program reductions opposed by congressional Democrats.
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