He gave warning that the current system of budget accounting seriously underestimated the government's future liabilities.
Without naming the UK, he also said it was time the system of budget rebates was reconsidered.
In particular, he gave warning that the current system of budget accounting seriously underestimated the government's future liabilities.
"There are a lot of question marks about the banking system and the budget, " Mr. Fransolet said.
Once we have a working budget system, we can focus on methods to pay off the deficit.
There are some Republicans who say you could mitigate these effects by doing other things in your budget system.
Even though we are building what could be considered a budget system we didn't want to make sacrifices just to hit a target cost.
It is hard to imagine the air traffic control system functioning with its budget cut by 15 percent.
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We must get closer to a system that assumes the budget starts at zero, and that every dollar spent must be justified.
It is necessary that the EU introduce a budget discipline system that involves the possible imposition of sanctions on countries that fail to adhere to the rules.
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Any violation of the single-payer system and a limited budget has the potential of escalating both cost and the utilisation of services to the point of financial disaster.
The court system's translation budget had trebled in five years.
The Ministry of Finance has been able to persuade the national government to agree to relatively small increases in the health care budget because the system has performed well, with a very high level of public satisfaction.
The document for submission to the Memory of the World Register is the Deed of Endowment of the Rab' i-Rashidi, and details the justification for the complex, the management system, administration and the budget of the endowed properties, which included land in present-day Afghanistan, Asia Minor, Azerbaijan, Georgia, the Islamic Republic of Iran, Iraq and Syria.
Before becoming chief of the Chicago system in 1995, he was budget director for Mayor Richard Daley, and before that was Illinois' top budget analyst.
"From the track bed to the budget to modernizing our system for the 21st century, I can't imagine anyone having a better understanding of how the region's vast system operates and the challenges that it faces, " Mr. Cuomo said.
Under the old system, hospitals were paid a block budget, so every patient represented a cost.
Would an increase in the "progressivity" of the tax system be the way out of our budget woes?
However, USPS is running behind the Office of Management and Budget's schedule for system renovation, according to Jack Brock Jr.
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He would simply use projected budget surpluses to keep the system going until 2050, by paying down national debt and allocating the equivalent of the interest saved to the Social Security system.
The IMF recommended Beijing consider a new round of stimulus through the budget rather than the financial system, since the large credit stimulus in 2009 and 2010 has increased risks to the banking system.
The senator proposes that the Social Security system be counted separately from the main budget, since workers' current contributions are not meant to be used on regular spending programmes, but are supposed to fund future pensions.
But campaigners and council chiefs told ministers budget cuts were already putting the system at risk.
Though the Brazilian government offers health-care services, budget constraints have left the public system strained.
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This at a time when the prison system in New York is overcrowded and over budget.
Deputy Storey said without a change to the healthcare system in Guernsey, the department's budget would see increases of hundreds of millions of pounds over the coming decades.
The purpose of this document is to provide users of IT Web with screenshots and instructions for common activities when preparing their IT budget submissions on the IT Web system.
WHITEHOUSE: Office of E-Government & Information Technology: Strategies and Guides | The White House
The cost of providing pensions for those with nothing to pay in is borne by the central budget, not the new pension system, so the hidden debt in the system is no longer growing.
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