| 单词 | unfunded |
| 例句 | The bus jolts over the broken, unfunded roads. Landscape with Invisible Hand 2017-09-12T00:00:00Z Redecking work for parts of Interstate 5 and Interstate 90 remains unfunded as gas-tax income drops, while what's left is leveraged to deliver projects such as Seattle's Highway 99 and the north Spokane freeway. 'Too Big to Fall:' the hazardous health of America's roads and bridges 2011-08-22T21:26:08Z Next month the venue will celebrate its 20th anniversary, which is quite a milestone for a venture, unfunded and non-charitable, that doesn't turn a profit. Powered by pure passion: the music venue that runs on love alone 2012-11-25T00:05:30Z Orchestra officials say they are struggling with declining ticket revenues, reduced endowment income, higher costs, decreased donations and unfunded pension liabilities totaling about $45 million. Judge: Philly orchestra can keep paying musicians 2011-04-20T20:49:08Z The reorganization plan would call for unfunded pension liabilities to be transferred to the federally backed Pension Benefit Guaranty Corporation, which has assumed responsibility for two of the orchestra’s defined-benefit pension plans. Philadelphia Orchestra Submits Plan to Bankruptcy Court 2012-05-24T22:29:59Z The museum, which among other things maintains a costly fleet of old ships, was established during the 1960s with an unfunded mandate to sustain the legacy of the waterfront. A Billion-Dollar Battle Over a Parking Lot at the Seaport 2021-04-27T04:00:00Z In the export-shrinking aftermath of the country’s 2016 shock decision to leave the European Union, and with the Truss government’s more recent poorly received announcement of unfunded tax cuts, many Britons are inclining toward pessimism. 25 Years After ‘Sensation,’ Has London’s Art Scene Kept Its Cool? 2022-10-10T04:00:00Z That law established Medicare’s prescription-drug benefit plan without offsetting spending cuts or tax increases, adding $16 trillion to our unfunded liabilities. Why Closing Medicare's 'Donut Hole' is a Terrible Idea 2012-05-23T19:38:46Z The biggest issue not addressed in the budget is unfunded pension liabilities, which will expand the city budget hole by more than $500 million a year during the mayor’s first term if nothing is done. $6.3 billion budget expected to pass today 2011-11-16T15:31:00Z I don’t recall her exact words, but the gist was “if you are a stay-at-home parent and you have let your retirement account go unfunded, you are a FOOL!” Motherlode: The Doubts of a Stay-at-Home Dad 2011-06-29T15:20:02Z The population is recovering, but New Orleans still wrestles with a deteriorating housing stock, widespread poverty and a $400 million unfunded pension liability. Cities on the Brink 2011-01-26T23:00:00Z Billions of dollars in unfunded capital needs exist throughout the city. Council backs Emanuel's rebuilding plan 2012-04-24T18:19:00Z Today, the combined unfunded liabilities of Chicago's four pension funds have grown to nearly $20 billion, which doesn't include the $6.8 billion shortfall at the teachers fund. How Daley beefed up his pension payouts 2012-05-02T02:00:00Z It’s the domestic equivalent of an unfunded mandate. Perspective | Carolyn Hax: A wife is stewing over her husband’s meal requests 2020-08-06T04:00:00Z As for the unfunded gap of about $140,000, well, that’ll have to be covered by America’s taxpayers, today’s and tomorrow’s. Bill Clinton vs. Lena Dunham: The Shakespearean battle of boomers and millennials 2014-03-01T21:00:00Z Municipal and state police were compromised, unfunded and incompetent. 'A Narco History' explores Mexico's drug violence — and U.S. culpability 2015-06-04T04:00:00Z "It's simply not viable to continue doing them unfunded … We have tried to commit to single-author collections by funding them ourselves, but as they have become increasingly unprofitable, we can't sustain it." Salt abandons single-author collections amid poetry market slump 2013-05-24T11:12:18Z But even after that gift, the Champagne wasn’t popped right away: in 2011 the players agreed to delay a promised raise to help the orchestra address its large unfunded pension liability. A New Labor Contract at the Expanding Cincinnati Orchestra 2015-05-07T04:00:00Z The pension debt will continue to grow unless something is done to stem the tide and pay down the unfunded liabilities. Politics wreaked havoc on retirement code 2011-12-16T03:20:00Z The loose offer of a role in an as yet unfunded film is the impetus he needed to end his on-off love affair with Martín, the married producer of the television series he stars in. My streaming gem: why you should watch Nobody's Watching 2020-05-11T04:00:00Z Today, the municipal pension plan's massive unfunded liabilities are creating a burden for current and future taxpayers as well as city employees. Aldermen to reap generous pensions 2012-05-01T02:03:00Z Moore focused on two proposed CTA projects that “are the hallmarks of a great city, but they are hugely expensive and, as of now, unfunded.” Council backs Emanuel's rebuilding plan 2012-04-24T18:19:00Z The inflated benefits for aldermen represent a small fraction of the municipal pension plan's $6.7 billion in unfunded liabilities. Aldermen to reap generous pensions 2012-05-01T02:03:00Z "Once it is spent there is nothing to offset government sovereign debt, unfunded pension and unfunded military claims. Once it is spent the pressure to raise taxes and borrow more will accelerate." Australia sovereign wealth fund should be preserved, not spent, outgoing chair says 2023-11-13T05:00:00Z At 5 p.m. markets closed with positions unfunded and trades incomplete. Exclusive: China's clashing priorities behind rare money market distress 2023-11-07T05:00:00Z Was that just because of the “unfunded mandate” he cited? Column: Like Reagan, Schwarzenegger and Brown, Newsom uses veto pen to rein in spending by California lawmakers 2023-10-23T04:00:00Z He replaced Liz Truss, who announced her resignation a year ago Friday after her plan for unfunded tax cuts sent financial markets into turmoil and rocked the economy. Britain’s Labour opposition has won 2 big prizes in momentum-building special elections 2023-10-19T04:00:00Z He replaced Liz Truss, who quit in October 2022 after her plan for unfunded tax cuts sent financial markets into turmoil and rocked the economy. 2 special elections could bring more bad news for Britain’s governing Conservatives 2023-10-19T04:00:00Z “This bill would create an unfunded mandate to public schools that should be considered in the annual budget process,” Newsom wrote in a message explaining why he vetoed the bill, known as Senate bill 541. Newsom vetoes bill to make free condoms available for high school students 2023-10-08T04:00:00Z Sunak took office just under a year ago after his predecessor Liz Truss alarmed financial markets and roiled the economy with a plan for unfunded tax cuts. UK Prime Minister Rishi Sunak rallies his Conservatives by saying he’s ready to take tough decisions 2023-10-04T04:00:00Z She will also argue that her tax cuts were not unfunded as they would have increased revenue in the long term. Liz Truss urges PM to cut taxes and benefit increases 2023-09-17T04:00:00Z The unfunded proposal drew angry rebukes from mayors in California and Hawaii and skepticism from many in Anchorage’s own unsheltered community. Anchorage scrambles to find enough housing for the homeless before the Alaska winter sets in 2023-09-16T04:00:00Z "We will not make unfunded spending commitments, because Liz Truss did that and she crashed the economy," she told BBC Breakfast. Angela Rayner stalls on triple lock pensions commitment 2023-09-12T04:00:00Z "We will have to see where we are when we get to a general election and see the finances. We will not make unfunded spending commitments," she said. Triple lock means state pension set to rise by 8.5% in April 2023-09-12T04:00:00Z Meanwhile, industry representatives complained the new requirements are unfunded, even as low wages make it difficult to recruit and keep employees. Column: Increased staffing for nursing homes? Sure, but the lack of oversight is deplorable 2023-09-02T04:00:00Z It seemed destined to draw ire from the nursing home industry as well, which opposes staffing minimums as unfunded mandates. US will regulate nursing home staffing for first time, but proposal lower than many advocates hoped 2023-09-01T04:00:00Z “The biggest challenge for all superintendents is that this is yet again an unfunded mandate.” Texas wanted armed officers at every school after Uvalde. Many can’t meet that standard 2023-08-31T04:00:00Z That's because this would then clash with the one thing that is a cast-iron commitment from the opposition: not making unfunded spending commitments. Angela Rayner stalls on triple lock pensions commitment 2023-09-12T04:00:00Z The building buyout comes on top of national church requirements for exiting congregations to contribute two years of annual apportionments — $200,000 in Oakland’s case — and money for unfunded pension liabilities, Mr. Baker said. United Methodist Church demands $4 million from Maryland congregation as ‘exit fee,’ pastor says 2023-08-30T04:00:00Z The party's leadership has been insisting for some time that it will not make unfunded spending commitments. Labour rules out wealth tax if party wins next election 2023-08-27T04:00:00Z Understandably, given the turmoil of the preceding years, expectation was not particularly high for the hotchpotch group of Britain's unfunded female sprinters at the 2013 World Championships in Moscow. 'What the hell do we do?' - Moscow misfits who started an era 2023-08-16T04:00:00Z Mr Sarwar said that he accepted the party could not go into elections with unfunded commitments but that Scottish Labour MPs would "expect" UK Labour to fight poverty. Sir Keir Starmer and Anas Sarwar deny divisions ahead of by-election 2023-08-15T04:00:00Z So the Conservative-supporting papers that would denounce unfunded spending commitments will now also happily denounce Labour for putting a question mark over the future income of pensioners. Angela Rayner stalls on triple lock pensions commitment 2023-09-12T04:00:00Z It was also deemed by critics as not in line with U.N. conventions around consent and imposed an unfunded administrative burden. Explainer: Western Australia ditches Aboriginal heritage protection act 2023-08-09T04:00:00Z One big obstacle to this aspiration is that cleaning up space debris is an almost entirely unfunded effort. Space Debris Will Block Space Exploration Unless We Start Acting Sustainably 2023-08-01T04:00:00Z Although he did not give a reason during the interview, members of his shadow cabinet said it was because this would constitute an unfunded spending commitment. Two-child benefit cap: Keir Starmer to face challenge from Labour policy body 2023-07-18T04:00:00Z The surge in gilt yields last September as investors took fright at the scale of unfunded tax cuts planned by former Prime Minister Liz Truss has been another challenge. Analysis: For markets, BoE communication is bottom of the class 2023-07-17T04:00:00Z She went on to warn the government there remains an unfunded pay pressure of £571m, and a further £437m of pressures requiring decisions. Stormont budget: Top civil servant says departments have reached cuts limit 2023-07-11T04:00:00Z The city’s conditioning financial support on his replacement, he said, was akin to holding trust residents hostage while critical security services and emergency repairs went unfunded. Skid Row receiver resigns, prolonging formerly homeless tenants' turmoil 2023-06-29T04:00:00Z Earlier this year, the military suggested, in an “unfunded priority list” - representing spending above the Defense Department’s proposed budget - adding still another 19 F-35 aircraft to the 61 it planned to purchase. Defense industry dollars flowed to a Democratic senator after he gained a key role on spending 2023-06-23T04:00:00Z Earlier this year, the military suggested, in an “unfunded priority list” — representing spending above the Defense Department’s proposed budget — adding still another 19 F-35 aircraft to the 61 it planned to purchase. Defense industry dollars flowed to a Democratic senator after he gained a key role on spending 2023-06-23T04:00:00Z The most recently announced calculation set the the district’s unfunded liability for retiree health benefits at about $10.2 billion. LAUSD's $12.9-billion budget is flush with COVID-19 funds for one more year, but then what? 2023-06-21T04:00:00Z Last but not least, steps could be taken to prevent the military services from giving Congress their annual wish lists — officially known as "unfunded priorities lists" — of items they want added to the Pentagon budget. Ultimate all-American slush fund: Budget loophole could send Pentagon spending soaring even higher 2023-06-21T04:00:00Z She said last year's Conservative mini-budget of "unfunded commitments" had crashed the markets and caused people's mortgages to increase. Reeves: Labour's green plan will have slower start 2023-06-09T04:00:00Z Former PM Liz Truss's mini-budget last year, which included billions of pounds of unfunded tax cuts, also prompted turmoil in the financial markets and led to interest rates rising further. Labour to delay £28bn green investment pledge 2023-06-09T04:00:00Z Ordinarily, some of the $16 billion worth of unfunded priorities would get tacked on, as well as billions worth of lawmaker initiatives. US debt ceiling deal strands $16 bln of defense side-projects 2023-06-02T04:00:00Z That mini-budget led to a sharp increase in borrowing costs and fears about the viability of some pension funds as financial markets questioned the government’s unfunded tax cuts. U.K. economy to avoid recession, but inflation still a worry, IMF says 2023-05-23T04:00:00Z However, Defra cannot deliver all its goals with the funding it has available and as a result the aim to digitise 20 of its most used services is unfunded, according to the committee's report. Defra too reliant on outdated computers, MPs warn 2023-05-12T04:00:00Z Experts said the commission has created a sizable unfunded liability and — perhaps more concerning — a disincentive to find boxers who are owed benefits. California created the nation's only pension for aging boxers. But it's failing to deliver 2023-05-11T04:00:00Z The tax credit was actually created in 2008, but was unfunded and didn’t pay out a cent until this year. This WA tax credit could give you free money. If you sign up. 2023-04-19T04:00:00Z “Some parts are funded, some parts are unfunded, and I do think it’s disproportionate based on your district,” said Breanna Sommers, a policy analyst with The Education Trust in Tennessee. Tenn. law could hold back third-graders in bid to boost performance 2023-04-07T04:00:00Z “This is an unfunded mandate, pure and simple, and the federal government needs to rethink their funding mechanism,” said Raven Harrison, a Texas-based Republican political strategist. Check your phone bill — a tax for the new 988 suicide hotline may be coming soon 2023-04-11T04:00:00Z Several counties across the state are dealing with antiquated jails and unfunded mandates for special housing and services, said Juliana Roe, lobbyist for the Washington State Association of Counties. Violence and financial concerns has Yakima County consider jail’s future 2023-04-08T04:00:00Z Britain's economy has recovered after the "mini-budget" crisis triggered by former Prime Minister Liz Truss's unfunded tax cut plans, which caused borrowing costs in financial markets to surge and hit confidence among consumers and businesses. UK service firms report second month of growth as prospects improve -PMI 2023-04-05T04:00:00Z Labour has enjoyed a double-digit lead in opinion polls over the governing Conservatives since last year when short-lived Prime Minister Liz Truss triggered market turmoil and sent mortgage rates soaring by announcing unfunded tax cuts. UK Labour bars ex-leader Corbyn from standing as its candidate at next election 2023-03-28T04:00:00Z Markets had been unnerved by a government announcement of unfunded tax cuts. New York holds top spot, London second in Z/Yen financial centre survey 2023-03-23T04:00:00Z At issue are demands by the conference — the equivalent of a diocese in other denominations — that the churches pay “unfunded pension liabilities” in addition to the property-value payment. Maryland, West Virginia Methodist congregations sue denomination over departure payments 2023-03-19T04:00:00Z Still unfunded, the report said, are initiatives to speed the installation of crosswalks and bike lanes, and improve public outreach and traffic control at intersections. D.C.’s traffic safety strategy lacked funding, oversight, audit finds 2023-03-16T04:00:00Z The extent of the unfunded tax cuts in their "mini budget" - which also included changes to National Insurance and the top rate of income tax - caused problems on financial markets. What is corporation tax and who pays it? 2023-03-15T04:00:00Z Her plans for sweeping, unfunded tax cuts triggered a bond market meltdown, leading to her replacement in Downing Street by Rishi Sunak. UK's Hunt to keep tight budget with eye on 2024 election 2023-03-08T05:00:00Z Opponents also have said they’re concerned that the legislation could create unfunded mandates for districts in the long run. Sanders’ school voucher plan gets Arkansas lawmakers’ OK 2023-03-07T05:00:00Z Those wary of a return to pensions note the billions in unfunded liabilities for the prior plans the state is paying off. Alaska lawmakers propose pension plan for state workers 2023-03-02T05:00:00Z Truss's tenure was cut short last year after her largely unfunded mini budget and tax cuts pushed up borrowing costs and mortgage rates, sent the pound tumbling and shattered Britain's reputation for financial stability. UK's shortest-serving PM Liz Truss blames economic 'orthodoxy' for downfall 2023-02-05T05:00:00Z Ian Walters, a geography teacher for 19 years, said an unfunded pay rise meant what they could provide for young people in schools "is being reduced year on year". School pay branded prehistoric by striking East Midlands teachers 2023-02-01T05:00:00Z The chancellor of the Duchy of Lancaster accused Labour of making unfunded spending promises and failing to "stand up to their union paymasters" amid widespread strike action. Ex-leadership let hate spread within Labour - Starmer 2023-01-28T05:00:00Z She resigned in October after her plan for billions in unfunded tax cuts spooked financial markets, drove up the cost of borrowing and sent the pound plunging to a record low against the dollar. UK Treasury chief: Tax cuts must wait for inflation to fall 2023-01-27T05:00:00Z Although universities have long tapped their own revenues to help cover the indirect costs of research, some worry data sharing will become another “unfunded mandate” from the federal government. Ready, set, share: Researchers brace for new data-sharing rules 2023-01-24T05:00:00Z Over time, he voted for countless unfunded tax cuts and more spending than he’d admit to. Column: Republicans being the party of fiscal conservatism? Don't believe it for a minute. 2023-01-12T05:00:00Z Instead, they passed an unfunded tax cut that added nearly $2 trillion to the deficit. Opinion | The GOP is wrongly trying to blame Democrats for a debt ceiling blowup 2023-01-10T05:00:00Z Sunak’s predecessor, Liz Truss, unveiled a disastrous package of unfunded tax cuts in September and was forced to quit after less than two months in the job. UK’s Sunak vows to halve inflation, tackle illegal migration 2023-01-04T05:00:00Z No war, no matter how disastrous, goes unfunded. How the Democrats became the party of endless war 2022-12-29T05:00:00Z Some policymakers see lessons for Japan from Britain's market rout in September, when then premier Liz Truss's plan for unfunded tax cuts triggered a bond sell-off that forced her to resign. As Kuroda bows out, Bank of Japan's rising hawks eye end to unloved yield cap 2022-12-16T05:00:00Z The report even made vague reference to the turmoil unleashed on financial markets when former British Prime Minister Liz Truss announced unfunded tax cuts in September that were hastily withdrawn and led to her resignation. Analysis: Japan's Kishida walks tightrope to redemption with planned defence splurge 2022-12-13T05:00:00Z Her chaotic tenure was fatally damaged when her fiscal plan for unfunded tax cuts lost the confidence of markets. British PM Sunak faces new demands from his fractious party 2022-12-11T05:00:00Z Insurance companies have complained that the Colorado Option creates unfunded mandates, such as the requirement to collect demographic data on providers, which is a step toward creating culturally competent provider networks. Colorado Option’s big test: Open enrollment 2022-12-07T05:00:00Z The final version eliminates 80 of those unfunded positions permanently. Seattle City Council approves budget. Here are 3 things to know 2022-11-30T05:00:00Z Some states were critical of the law when it passed, calling it an unfunded mandate, but their pleas to DHS and Congress for modifications were unsuccessful. States begin final push for compliance as Real ID deadline nears 2022-11-23T05:00:00Z Kwasi Kwarteng promised major tax cuts to boost growth, but the unfunded plans spooked investors and caused government borrowing costs to spike. Jeremy Hunt has no plan for growth, says CBI boss 2022-11-20T05:00:00Z British defined benefit pension funds were caught up in market turmoil in September caused by UK government plans for unfunded tax cuts, forcing them to sell assets quickly to raise cash. From Apollo to DZ Bank, funds snap up bargains in UK pension scramble 2022-11-18T05:00:00Z Today’s governance road map contrasts starkly with the one issued just eight weeks ago by the previous government, which had proposed billions of pounds of unfunded tax cuts. Rishi Sunak budget seeks to stabilize U.K. economy rattled by Liz Truss 2022-11-17T05:00:00Z The moves, he said, were aimed at shoring up Britain’s finances amid rising inflation and market turmoil exacerbated by the previous government’s plans for unfunded tax cuts. Investor Losses From FTX’s Implosion Are Growing 2022-11-17T05:00:00Z The so-called mini-budget included about £45bn of unfunded tax cuts and was followed by days of market turbulence, a fall in the value of the pound and rising UK government borrowing costs. Autumn Statement: Tax rises and spending cuts are fair, chancellor says 2022-11-17T05:00:00Z The government also is paying the price for the unfunded tax cuts announced by Truss, which damaged Britain’s reputation for financial discipline and boosted government borrowing costs. UK to unveil spending plan amid big demands but little cash 2022-11-17T05:00:00Z A Sept. 23 plan for around 45 billion pounds of unfunded tax cuts and a plan to cap energy tariffs for household and businesses sent sterling and bond markets into a tailspin. UK external deficit a worry, Italy fiscal plan 'realistic' - S&P 2022-11-11T05:00:00Z She said her authority had raised £174,000 in the past two years by putting up council tax by the maximum allowed, and unfunded inflation was currently costing it about £1.6m. Bus and adult care services face cuts, English councils warn 2022-11-11T05:00:00Z Britain’s economy, already under pressure from Russia’s invasion of Ukraine, the pandemic and the fallout from Brexit, took a nosedive when Truss announced a huge package of unfunded tax cuts on Sept. 23. Rishi Sunak seeks thawed relations at UK-Ireland summit 2022-11-10T05:00:00Z In his statement, Mr Hunt said: "I understand the motivation of my predecessor's mini-budget and he was correct to identify growth as a priority. But unfunded tax cuts are as risky as unfunded spending." Autumn Statement: Tax rises and spending cuts are fair, chancellor says 2022-11-17T05:00:00Z Rep. Dusty Johnson faced an unknown and unfunded Libertarian candidate on Tuesday as he sought a third term in South Dakota’s only House seat. South Dakota’s Johnson heavy favorite for 3rd term in House 2022-11-08T05:00:00Z As a first step, the space agency on September 22 signed an unfunded Space Act Agreement with SpaceX to launch a six-month feasibility study. NASA Is Studying a Private Mission to Boost Hubble’s Orbit. Is It Worth the Risk? 2022-11-03T04:00:00Z And today, 10 years after Sandy and with billions of dollars already spent, the most ambitious and comprehensive protections are years away from completion, with some still in early stages or even unfunded. Will post-Sandy repairs be enough for the next big storm? 2022-10-27T04:00:00Z The uncertainty around borrowing and QT has increased volatility in euro zone bond markets, already rocked by the knock-on effects from Britain's now-scrapped plans for large unfunded tax cuts. Germany needs billions to solve its energy crisis, but buyers are shunning its bonds 2022-10-27T04:00:00Z Her plan for massive, unfunded tax cuts sent the pound plunging and interest rates soaring, and she ended up with a 6 percent approval rating. Opinion | Democracies correct their mistakes. Dictatorships double down. 2022-10-26T04:00:00Z “While I support our heroic first responders, I can’t in good conscience vote for legislation which to my dismay remains unfunded,” Paul explained. Kentucky’s Rand Paul relishes outsider role in 3rd term run 2022-10-26T04:00:00Z Truss's programme of unfunded tax cuts to fuel growth triggered a crisis of investor confidence that led to a spike in mortgage prices, piling pressure on borrowers. Barclays tops profit forecast on trading boom 2022-10-26T04:00:00Z But her government was destabilised by political and economic turmoil, exacerbated by her mini-budget, whose package of unfunded tax cuts has mostly been ditched. Rishi Sunak warns of difficult decisions ahead in first speech as PM 2022-10-25T04:00:00Z Her finance minister Kwasi Kwarteng's plans for huge unfunded tax cuts caused a jump in gilt yields that rocked the country's pension system, forcing the Bank of England to intervene. Britain's new PM Sunak will get little leeway from markets, investors say 2022-10-24T04:00:00Z But when the financial markets reacted badly to government's mini-budget last month, which promised billions of pounds of unfunded tax cuts, UK rates rose even higher. First-time buyers hit by drop in mortgage deals 2022-10-24T04:00:00Z He added that Mr Sunak had been "proved right" over his "unfunded tax cut" warnings during the summer's Tory leadership campaign. Rishi Sunak ahead of Penny Mordaunt as PM race enters final hours 2022-10-24T04:00:00Z Tory voters backed Truss over Sunak, but he was proved right when Truss’ unfunded tax-cutting package triggered chaos in the markets in September. Boris Johnson out of race to be next U.K. prime minister 2022-10-23T04:00:00Z Her package of unfunded tax cuts roiled financial markets, drove up the cost of government borrowing and home mortgages, and forced emergency Bank of England intervention. Boris Johnson eyes comeback as UK Conservatives pick new PM 2022-10-21T04:00:00Z Truss not only ruled out spending cuts and tax increases but also proposed an unfunded energy subsidy, which would have increased government spending. Liz Truss’s Downfall 2022-10-21T04:00:00Z Her resignation came after currency and bond markets crashed in response to her economic plan, which risked higher inflation with unfunded tax cuts. Opinion | How Britain can right itself after Truss 2022-10-20T04:00:00Z But Mr. Chadha argues that it’s clear what needs to happen next: a complete elimination of unfunded tax cuts and careful planning on how to support vulnerable households. After a Storm, Britain’s Economy Finds Itself Rudderless 2022-10-21T04:00:00Z By then, though, her mandate had already been shredded: her proposals for sweeping, unfunded tax cuts rattled financial markets because of fears they would blow a hole in Britain’s finances. Liz Truss Resigns After 6 Chaotic Weeks, Igniting New Leadership Fight 2022-10-20T04:00:00Z Background: Truss’s political viability became tenuous after her proposals for broad unfunded tax cuts caused market turmoil and sent the pound’s value plunging. Your Thursday Briefing: Liz Truss Quits 2022-10-20T04:00:00Z Sunak was proved right when Truss’ unfunded tax-cutting economic stimulus package tanked the British pound and triggered chaos in the markets in September. Sunak, Mordaunt, Johnson? Contenders who could replace Truss 2022-10-20T04:00:00Z However, UK mortgage rates rose particularly sharply after financial markets reacted badly to government's mini-budget last month, which promised billions of pounds of unfunded tax cuts. Mortgage rates hit fresh 14-year highs 2022-10-20T04:00:00Z The immediate answer is that financial markets hated Truss’ fiscal plan, unveiled Sept. 23, which called for unfunded tax cuts for the affluent. How did it go so wrong, so fast for Liz Truss? 2022-10-19T04:00:00Z But her government's mini-budget of 23 September - with its £45bn of unfunded tax cuts - also had a significant impact on the UK. Fact-checking Liz Truss at PMQs 2022-10-19T04:00:00Z The package of unfunded tax cuts announced Sept. 23 sparked turmoil on financial markets, hammered the value of the pound and increased the cost of U.K. government borrowing. UK leader Liz Truss faces test in Parliament, seeks lifeline 2022-10-19T04:00:00Z Britain's latest crisis started on Sept. 23 when new prime minister Truss and then-finance minister Kwasi Kwarteng announced 45 billion pounds of unfunded tax cuts to snap the economy out of stagnation. Analysis: UK crisis forces 'off kilter' businesses to halt investment 2022-10-18T04:00:00Z The British pound and government bonds remained stable on Tuesday after the country’s new finance minister, Jeremy Hunt, reversed a package of unfunded tax cuts and promised to shore up Britain’s public finances. Yellen, Zelensky and Zuckerberg Will Speak at DealBook Summit 2022-10-18T04:00:00Z When Reagan pushed through unfunded tax cuts, they also raised interest rates — but they drove the dollar up, not down. How did it go so wrong, so fast for Liz Truss? 2022-10-19T04:00:00Z U.K. government bonds have rallied on news the country’s new Treasury chief was abandoning nearly all of a series of unfunded tax cuts that had upset markets. World shares mostly gain after rally on Wall Street 2022-10-18T04:00:00Z Truss and Kwarteng attempted to upend British fiscal policy by unveiling 45 billion pounds of unfunded tax cuts last month to snap the economy out of stagnation. UK Prime Minister Truss says 'sorry' for mistakes, but 'I'm sticking around' 2022-10-17T04:00:00Z U.K. government bonds rallied following news that the country’s new Treasury chief was abandoning nearly all of a series of unfunded tax cuts that had upset markets. How major US stock indexes fared Monday 10/17/2022 2022-10-17T04:00:00Z Europe's shares, bonds and major currencies rallied on Monday, helped by relief that's Britain new finance minister had quickly shredded virtually all of the unfunded tax cuts that triggered UK market turmoil this month. Norway police say 6 Russians suspected of surveillance arrested last week 2022-10-17T04:00:00Z Officials in Washington last week for International Monetary Fund meetings said the upheaval in London could prove a salutary lesson for high-debt Italy, which has just elected a right-wing coalition also promising unfunded tax cuts. 'How's Brexit going?' British politics mocked at home and abroad 2022-10-17T04:00:00Z The unfunded tax cuts fueled investor concern about unsustainable levels of government borrowing, which pushed up government borrowing costs, raised home mortgage costs and sent the pound plummeting to an all-time low against the dollar. U.K. Treasury chief scraps nearly all government tax cut plans 2022-10-17T04:00:00Z Mr. Biden said it was “predictable” that the new prime minister’s program of unfunded tax cuts would rattle financial markets, an unusually blunt intrusion by a U.S. president in an ally’s domestic policies. British PM Truss totters as Conservatives meet this week on possible ouster 2022-10-16T04:00:00Z Investors have sold British government bonds heavily since Sept. 23 when Hunt's predecessor as finance minister, Kwasi Kwarteng, announced a string of unfunded tax cuts. New UK finance minister vows to show markets he can fix budget 2022-10-16T04:00:00Z Truss appointed Hunt on Friday to replace Kwasi Kwarteng, and said she was scrapping parts of their controversial economic package announced only three weeks earlier, which included billions of pounds of unfunded tax cuts. Growth push went 'too far, too fast', says UK finance minister Hunt 2022-10-15T04:00:00Z Kwarteng lost his job just three weeks after he announced unfunded tax cuts that triggered financial turmoil. Moment Liz Truss announces tax U-turn 2022-10-14T04:00:00Z Mr Kwarteng lost his job just three weeks after he announced unfunded tax cuts that triggered financial turmoil. In full: Liz Truss takes questions from journalists 2022-10-14T04:00:00Z The extent of the unfunded tax cuts announced in the mini-budget - which also included changes to National Insurance and the top rate of tax - caused problems on financial markets. What is corporation tax and who has to pay it? 2022-10-14T04:00:00Z That comes as markets have increasingly bet on a withdrawal of the package’s unfunded tax cuts, one that could be announced on Friday. A “Roller Coaster” Day Whipsaws Markets 2022-10-14T04:00:00Z Truss appointed Jeremy Hunt to replace Kwasi Kwarteng, and said she was scrapping parts of their controversial economic package announced only three weeks earlier, which included billions of pounds of unfunded tax cuts. Growth push went 'too far, too fast', says UK finance minister Hunt 2022-10-15T04:00:00Z The promise of huge, unfunded tax cuts led to expectations that the Bank will have to raise interest rates more aggressively than previously thought, and mortgage providers are pricing their loans accordingly. Housing slowdown warning after mortgage rates rise 2022-10-13T04:00:00Z The package of tax cuts announced in the mini-budget totalled £45bn and were unfunded in that the government did not set out what savings it might make. Did the mini-budget cause market turmoil? 2022-10-12T04:00:00Z Of the issue of unfunded liability for pensions, she is confident in the state’s investments in private equity, real estate and foreign investments and expects to fully fund the programs by 2040. Your guide to the California treasurer election: Jack Guerrero vs. Fiona Ma 2022-10-12T04:00:00Z The Bank first stepped in last month after promises of huge, unfunded tax cuts in the chancellor's "mini-budget" sparked a dramatic reaction on financial markets. Investor fears mount as market sell-off intensifies 2022-10-12T04:00:00Z That was when the BoE moved to quell bond market turmoil triggered by the plans of the new government of Prime Minister Liz Truss for big, unfunded tax cuts. UK borrowing costs rise again as BoE sticks to bond plan deadline 2022-10-12T04:00:00Z Pension funds have scrambled to raise cash since finance minister Kwasi Kwarteng sparked a bond rout on Sept. 23 when he announced the government's plans for 45 billion pounds of unfunded tax cuts. 'Get this done!' BoE's Bailey gives UK funds 3-day deadline to fix problems 2022-10-11T04:00:00Z Currently churches may leave after paying two years’ worth of “apportionments” - essentially denominational dues - plus their share of unfunded pension liabilities. United Methodists are breaking up in a slow-motion schism 2022-10-10T04:00:00Z Currently churches may leave after paying two years’ worth of “apportionments” — essentially denominational dues — plus their share of unfunded pension liabilities. United Methodists are breaking up in a slow-motion schism 2022-10-10T04:00:00Z The government’s unfunded tax-slashing plan has sparked widespread concern that the Bank of England will soon hike interest rates significantly to tame inflation. UK Treasury chief to bring forward fiscal plan publication 2022-10-10T04:00:00Z “You could say it’s an unfunded mandate that we have to work overtime now,” said Mark J. Coakley, general registrar and director of elections for Henrico County, just outside Richmond. IT issues stall voter-records processing for 107,000 in Virginia 2022-10-05T04:00:00Z Michael Gove, a senior Conservative, said that unfunded tax cuts are “not Conservative.” Pound rebounds after U.K. government reverses part of tax policy that sent it plunging 2022-10-03T04:00:00Z It makes up only 2 billion out of a planned 45 billion pounds of unfunded tax cuts that had sent the gilt market into a tailspin last week. Britain's tax backdown bounces stocks and sterling 2022-10-04T04:00:00Z The cut to top-rate tax for high earners sparked anger among opposition and Tory MPs and spooked markets amid concerns the unfunded cuts were unaffordable. Tax U-turn lifts pound as borrowing costs fall 2022-10-03T04:00:00Z Michael Gove, an influential former Tory cabinet minister, criticized the government on Sunday, saying it was “not Conservative” to pass unfunded tax cuts, meaning they would necessitate substantial new borrowing. Truss, in Reversal, Drops Plan to Cut U.K. Tax Rate on High Earners 2022-10-03T04:00:00Z A few weeks later, Kwarteng’s own job is on the line after his surprise announcement of unfunded tax cuts sent markets into a tailspin. Your Monday Briefing 2022-10-03T04:00:00Z Foreign watchdogs from the International Monetary Fund to the rating agency Standard & Poor’s have condemned Truss’s unfunded tax cuts, which triggered the rout. Opinion | Britain’s financial meltdown carries a global warning 2022-10-02T04:00:00Z That fed fears that the tax cuts were “unfunded,” meaning that they would not be matched with cuts in spending and so would require massive borrowing. Truss Tried to Reassure Britons With Media Blitz. Her Woes Multiplied. 2022-09-30T04:00:00Z Britain is at the centre of an economic firestorm, triggered by Kwarteng's Sept. 23 fiscal plan that spooked markets with its unfunded tax cuts. Take Five: A bumpy home straight 2022-09-30T04:00:00Z Meanwhile, UK gilt yields resumed their rise after British Minister Liz Truss defended her controversial economic growth plan including unfunded tax cuts that unleashed havoc on financial markets after it was introduced last week. European shares tumble on recession angst, grim German inflation data 2022-09-29T04:00:00Z A lower ratio signifies a greater sum of unfunded retirement benefits. Are California's public pension funds headed for another crisis? 2022-09-29T04:00:00Z But nursing homes and hospitals have expressed concern over such requirements, citing that this “unfunded mandate” adds to their financial burdens. Opinion | How to address our nursing shortage? Start by valuing nurses more. 2022-09-28T04:00:00Z The fallout from unfunded tax cuts announced in Britain last week has reverberated across financial markets after setting off a collapse in British asset prices. Stocks bounce but sterling slippery after BoE buys bonds 2022-09-29T04:00:00Z The move came after the International Monetary Fund has urged the U.K. government to “reevaluate” a package of unfunded tax cuts that it says may fuel inflation and are likely to increase economic inequality. Bank of England to buy U.K. bonds to avert financial risk 2022-09-28T04:00:00Z In a blunt release, Moody's said large unfunded tax cuts were "credit negative" for the United Kingdom. IMF and Moody's censure UK policy, Bank of England says will act big 2022-09-28T04:00:00Z In addition to setting up a mechanism to pay for past unfunded benefits, it attempted to reduce statewide pension costs by up to $55 billion going forward. Are California's public pension funds headed for another crisis? 2022-09-29T04:00:00Z Investors have baulked at Truss' plans for unfunded tax cuts, while the U.S. New UK trade minister visits United States in first trip overseas 2022-09-27T04:00:00Z On Friday, in a Reaganesque bid for higher growth, the Truss team announced a ruinous package of unfunded tax cuts. Opinion | Britain has replaced Italy as Europe’s problem economy 2022-09-26T04:00:00Z On Friday and again on Monday the pound plunged, finding a record low of $1.0327 as investors question Britain's economic gambit of unfunded tax cuts to spur growth. Plunging pound pauses as investors await policy response 2022-09-27T04:00:00Z Should the government stick to its guns for more unfunded tax cuts, faith in the UK is unlikely to recover soon. Analysis: Pummelled pound faces long road back as investor confidence shredded 2022-09-26T04:00:00Z Citibank called the move a “huge, unfunded gamble for the U.K. economy.” Why a Weak British Pound Matters 2022-09-26T04:00:00Z But Mr Goddard, head of Passmores Cooperative Learning Community, said the time limit meant continuing uncertainty for schools, which have also been hit by an unfunded pay award for staff. School energy support is not enough to solve crisis, Essex head warns 2022-09-23T04:00:00Z It derides the repository as “an unfunded zombie-like federal project that has staggered around the halls of Congress begging for appropriations support for more than a decade with no success.” Nevada wants feds to declare mothballed nuke dump plan dead 2022-09-21T04:00:00Z The report by the nonpartisan Office of the Legislative Auditor says the rail line connecting downtown Minneapolis and Eden Prairie has been delayed by nine years and that 20% of the project remains unfunded. Audit: Cost of delayed Minnesota light rail doubles to $2.7B 2022-09-02T04:00:00Z The UMRA’s main objective has been to restrain the national government’s use of mandates by subjecting rules that impose unfunded requirements on state and local governments to greater procedural scrutiny. American Government 2021-07-28T00:00:00Z The lawsuit contends the new law violates the Missouri Constitution, which includes a provision known as the Hancock Amendment that bans unfunded state mandates for cities. Kansas City mayor sues Missouri over police funding law 2022-08-17T04:00:00Z But the service that each year provides about 67,700 taxi trips to seniors and those with disabilities has been unfunded for five months, and operators are struggling to keep it running. Funding problems threaten L.A. Cityride program that helps pay seniors' cab fare 2022-08-15T04:00:00Z Deputy Prime Minister Dominic Raab, a supporter of Mr Sunak, said unfunded tax cuts would push up inflation and could lead to people paying thousands more on their mortgages. Tory leadership: Liz Truss still favours tax cuts to ease economic crisis 2022-08-09T04:00:00Z Mr Sunak said Ms Truss's "unfunded" tax cuts would pour "fuel on the fire" of inflation. Rishi Sunak and Liz Truss row over recession warning in latest TV clash 2022-08-04T04:00:00Z The Unfunded Mandates Reform Act has prevented Congress from using unfunded mandates. American Government 2021-07-28T00:00:00Z Citing disproportionate allocation of resources and “unfunded mandates,” a San Bernardino County developer proposed this week that the Board of Supervisors explore seceding from California to form a new state that would be called “Empire.” 'Empire' state? San Bernardino County developer pushes idea of seceding from California 2022-07-28T04:00:00Z Sunak has criticized her for promoting “the fantasy economics of unfunded promises.” Boris Johnson idolized Churchill. U.K.’s next leader may look to Thatcher. 2022-07-26T04:00:00Z Lawmaker Robert Jenrick, a Sunak supporter, said “it is the antithesis of Thatcherism to be going around making unfunded tax pledges merely to win a leadership contest.” 2 contenders battle for Conservative votes in UK leader race 2022-07-21T04:00:00Z Wells Fargo said on Friday its investment banking fees declined, reflecting lower market activity and the $107 million writedown on "unfunded leveraged finance commitments" due to the market spread widening. U.S. banks take hit on leveraged loans as deals slump, rates rise 2022-07-18T04:00:00Z New federalism promotes the use of unfunded mandates. American Government 2021-07-28T00:00:00Z "Even among high income countries, funding for sexual health globally is decreasing or remains unfunded," she said. Analysis: Years of neglect leaves sexual health clinics ill-prepared for monkeypox 2022-07-18T04:00:00Z But there was concern the move would run afoul of a state constitutional ban on unfunded state mandates for cities. Kansas City struggles with Missouri over police funding 2022-07-15T04:00:00Z At his speech on Monday, he attempted to get his retaliation in first by belittling the promises of unfunded tax cuts from some of the Conservative contenders. Keir Starmer's search for a vision goes on 2022-07-11T04:00:00Z Labour leader Sir Keir Starmer criticised some of the Tory contenders over what he called "unfunded spending commitments" and an "arms race of fantasy economics". I'm not backing any Tory leadership contender, says Boris Johnson 2022-07-11T04:00:00Z These requests from the federal government are referred to as unfunded mandates and are a source of dissatisfaction to political actors at the state and local level. American Government 2021-07-28T00:00:00Z One of his backers, Conservative lawmaker Robert Jenrick, warned against promising unfunded tax cuts in the heat of a leadership election. Factbox: The views of the frontrunners to succeed Boris Johnson 2022-07-11T04:00:00Z "I don't believe in unfunded tax cuts. This is a funded proposal", he added. Tory leadership race: Rivals battle over tax cutting pledges 2022-07-10T04:00:00Z Hunt said that no Conservative should either raise taxes or offer unfunded tax cuts. Candidates to replace UK PM Johnson jostle in packed race 2022-07-10T04:00:00Z University administrators see the Senate language as an unfunded mandate—more work without additional resources. U.S. universities fight Senate innovation bill targeting foreign gifts to faculty 2022-06-22T04:00:00Z On the other hand, unfunded mandates impose federal requirements on state and local authorities. American Government 2021-07-28T00:00:00Z Richard said the missile is one of his unfunded priorities as part of the multi-billion dollar nuclear forces modernization now underway. Congress to restore nuclear cruise missile funds 2022-06-22T04:00:00Z Under the programme, Pakistan has committed to fiscal consolidation, and would require the removal of large unfunded subsidies on fuel and power, which are costing the cash-strapped country billions as global oil prices rise. Pakistan foreign minister says $6 billion IMF deal is 'outdated' 2022-05-25T04:00:00Z Bosses' organisation Medef say his policies are better for growth and jobs, while warning that Ms Le Pen's are unfunded and would lead France into a dead end. French elections: Macron v Le Pen and two visions for France 2022-04-18T04:00:00Z "It's not just unfunded mandates, it's a reduction in budget," Becker said, noting that some states are threatening to impose fines on election workers who don't abide by new restrictions. "Based on a lie": GOP's Zuckerberg obsession threatens to starve local election offices of funding 2022-04-14T04:00:00Z The continued use of unfunded mandates clearly contradicts new federalism’s call for giving states and local governments more flexibility in carrying out national goals. American Government 2021-07-28T00:00:00Z The nationwide, but mostly Democratic, incontinence regarding pension promises for government employees has driven state and local governments’ unfunded commitments to almost $5 trillion. Opinion | Unlikely, but here’s how Illinois could escape its fiscal abyss 2022-04-08T04:00:00Z “You’re essentially wanting to create multiple unfunded mandates and at the same time, cut off election boards’ ability to to obtain funding,” said Carly Swift, a DeKalb County election board member. Election officials blast Georgia bill as ‘security theater’ 2022-03-28T04:00:00Z The legislation also includes a number of unfunded chain-of-custody rules and ballot seal requirements that could cut into local election budgets as well. Georgia Republicans speed through another massive “anti-voter bill” inspired by Trump’s “Big Lie” 2022-03-17T04:00:00Z Congress voted to give the Treasury Department the authority to crack open shell companies but left that power unfunded for years. Oligarchs Got Richer Despite Sanctions. Will This Time Be Different? 2022-03-16T04:00:00Z Pumping even more money that we don’t actually have into the economy and adding more unfunded government entitlements — as called for in the Build Back Better Act — would only exacerbate inflation and the labor shortage. Why has employment been so slow to recover? 2022-03-09T05:00:00Z “This bill doesn’t reduce costs — it just shifts them from one unfunded government program to another unfunded government program,” said Senator Rick Scott, Republican of Florida. Congress Approves Legislation to Return the Postal Service to Solvency 2022-03-08T05:00:00Z “It just shifts them from one unfunded government program to another underfunded government program.” Senate passes $107 billion overhaul of USPS, lauding mail agency’s role in pandemic response 2022-03-08T05:00:00Z However, the chancellor will also argue that taxes should not be cut if spending plans are unfunded. Sunak 'firmly believes in lower taxes' ahead of tax rise 2022-02-23T05:00:00Z Departing churches often have to pay for unfunded pension obligations for clergy retirees, as well as repay any loans received from the local conference, which is equivalent to a diocese. Scores of congregations quit United Methodist Church over gay clergy, same-sex marriage 2022-02-11T05:00:00Z The signing marks Bryan’s fourth and final attempt to save the pension system, which has nearly $6 billion in unfunded liabilities. USVI to refinance bonds to save public pension system 2022-02-08T05:00:00Z It hasn’t been enough: A recent budget enumerated nearly $77 million in unfunded projects, including protecting an industrial site from hurricane damage and paving with materials that better absorb water. ‘The mother lode’: Cities and counties across America clamor for slice of new infrastructure funds 2022-02-01T05:00:00Z The measure, however, was left unfunded following concerns about how it would affect federal support for DCTAG. District bill could expand college access for undocumented students 2022-01-27T05:00:00Z This debt stems from unfunded pension benefit promises in both its teachers and regular state employees’ pension systems. Opinion | Maryland should lease out BWI to pay off its pension debt 2022-01-07T05:00:00Z Our state is now facing the consequences of this inaction with a backlog of more than $1 billion a year in unfunded transportation needs. How to pay for better roads and ferry service without raising the gas tax 2021-12-14T05:00:00Z It raised the bar for investors evaluating companies and some tech start-up ideas went unfunded, ultimately delaying research in the field, Blauwkamp said. Theranos failed, but other blood-tech companies are still trying to make testing faster and easier 2021-11-16T05:00:00Z “Most states did not receive these funds and so were tasked with carrying out unfunded mandates,” she said. Perspective | U.S. teachers pummeled by a hailstorm of conflicting instructions 2021-11-06T04:00:00Z At the same time that companies avoid taxes, important public priorities go unfunded. Opinion | A triumph for Detroit over Davos 2021-10-31T04:00:00Z "We on this side of the House are clear that reckless, unfunded promises to abolish a tax which raises £25bn every year are completely irresponsible." Budget 2021: Business rates cut in retail and leisure 2021-10-27T04:00:00Z Mark Santow, who serves on the Providence School Board and joined the lawsuit on behalf of his son, described the new law as an unfunded mandate without much direction. Clamorous students participate in government — by suing it 2021-10-26T04:00:00Z Opponents call it an unfunded mandate pushed by business associations and real estate titans who secretly want to get homeless people out of sight. Compassion Seattle will not appear on November ballot, court of appeals rules 2021-09-03T04:00:00Z It would disillusion a public in love with “amateurism,” poison team chemistry, tank smaller schools and leave obscure athletes and minor sports unfunded while a handful of NFL-bound stars in power conferences commandeered megadeals. Perspective | Those NCAA doomsday scenarios about NIL? Instead, it’s proven to be a cleanser. 2021-09-03T04:00:00Z Cases keep cropping up as the Postal Service struggles to pay off $188 billion in debt and unfunded liabilities, accrued largely because federal law requires it to prepay retiree healthcare and pension benefits. USPS has shorted some workers’ pay for years, CPI finds 2021-08-31T04:00:00Z In the meeting, city leaders discussed unfunded and yet-to-be designed plans for flood protection infrastructure and said they are seeking federal funding. Historic Arizona flooding damages homes, leaves trail of debris 2021-08-19T04:00:00Z Most notably, the Congressional Budget Office has found that more than half of the package’s $550 billion in new spending is unfunded. ‘Infrastructure day’: Senate approves Biden’s $1.2 trillion roads and highways bill 2021-08-10T04:00:00Z An analysis by the Congressional Budget Office estimates that more than half of the package’s $550 billion in new spending is unfunded. Infrastructure vote barrels towards passage, pitting Biden against Trump 2021-08-08T04:00:00Z The Congressional Budget Office determined late last week that more than half of the $550 billion in new spending in the package is unfunded. ‘True intention’: Dems block bipartisan amendments from infrastructure bill 2021-08-08T04:00:00Z The nonpartisan agency estimates that more than half of the $550 billion the package proposes in new spending is unfunded. EXCLUSIVE: GOP’s Hagerty demands Schumer stop blocking debate on $1.2T infrastructure bill 2021-08-07T04:00:00Z Apart from legislation being unfunded, Mr. Trump said the package was flawed and would adversely impact rural and suburban communities. Trump to GOP legislators: ‘Think twice’ about ‘terrible’ infrastructure deal 2021-08-07T04:00:00Z He argued that it would be unfair to advance the infrastructure bill, especially since the Congressional Budget Office had only hours before deemed it as improperly unfunded. GOP Sen. Hagerty blocks Democrats from expediting $1.2T infrastructure bill in late-night session 2021-08-06T04:00:00Z Landlords groups reacted to the new order as they did the old one, criticizing it as an unfunded government mandate. EXPLAINER: Will new CDC moratorium keep tenants housed? 2021-08-04T04:00:00Z Nelson also supports Compassion Seattle, an unfunded charter amendment that would mandate more shelters or permanent housing, though critics fear the measure would also codify encampment removals in the city charter. Teresa Mosqueda, Nikkita Oliver and Sara Nelson lead for two Seattle City Council seats 2021-08-03T04:00:00Z An agreement signed last year between California and the federal government to do more maintenance work remains unfunded on the federal side, Newsom said last week. California says federal 'let it burn' policy is reckless as wildfires rage out of control 2021-08-01T04:00:00Z Critics call it an unfunded mandate and worry it would enshrine encampment sweeps in the charter. Former Washington state lawmaker Jessyn Farrell takes another shot at Seattle mayor’s race 2021-07-07T04:00:00Z Vision Zero law that was designed to reduce traffic fatalities remain unfunded. Opinion | D.C. has a history of not following through on promised transit improvements 2021-06-24T04:00:00Z The state-run program paid generous benefits to workers injured in the state’s dangerous industries — coal, natural gas and timber — but it had $3 billion in unfunded liabilities. What Drives Joe Manchin? Frustrated Democrats Can Look to West Virginia. 2021-06-11T04:00:00Z That liability, plus other unfunded retiree benefits, makes up $136.1 billion, or nearly 72 percent of its debt. Senators reach bipartisan deal to overhaul USPS finances, tighten accountability requirements 2021-05-19T04:00:00Z State officials estimate that approximately 180,000 applications will remain unfunded under the money already approved. Newsom proposes $1.5 billion in new small business COVID-19 grants 2021-05-13T04:00:00Z Local and federal funding has helped complete much of the work, but about 16 miles of unfinished, unfunded highway remain in the project known as Corridor H. West Virginia’s Capito emerges as central figure as Democrats, Republicans seek infrastructure deal 2021-05-10T04:00:00Z “Oftentimes, you see well-intentioned state laws that are passed that are basically unfunded mandates for the localities, and that’s a real burden.” Virginia lieutenant governor’s race attracts a dozen candidates who want to lift role out of obscurity 2021-05-03T04:00:00Z He said the entire process needs a cost estimate to avoid creating an “unfunded mandate.” Augusta leaders unsure about local antidiscrimination law 2021-05-02T04:00:00Z The Senate version also fully funds the state’s annual pension obligation and post-employment benefits, and allocates $150 million to invest in the state’s unfunded pension liability, the newspaper reported. Senate gives preliminary approval to $7.1 billion budget 2021-04-30T04:00:00Z At the start of the session, Simpson noted that in 2012, when he was first elected, the unfunded liability of the state’s pension plan was $21.6 billion. Florida lawmakers await revenue data as they consider budget 2021-04-04T04:00:00Z It says that changes to accounting calculations in the new interest rates scenario are expected to lead to an increase in unfunded pension liabilities. Agency: New Mexico teachers pension fund still lacks money 2021-03-24T04:00:00Z Supporters said the measure would relieve some pressure on the state’s troubled public pension plan for teachers without solving its massive unfunded liability. Kentucky lawmakers pass pension bill aimed at new teachers 2021-03-16T04:00:00Z That sweetens the taxpayer contributions for teacher retirements to 15.2% of salary in efforts to pay down multi-billion unfunded pension obligations. New Mexico legislators close in on budget agreement 2021-03-15T04:00:00Z Simpson noted that in 2012, when he was first elected, the unfunded liability of the state’s pension plan was $21.6 billion. Florida lawmakers gavel into session with key bills looming 2021-03-02T05:00:00Z It’s difficult, he said, to absorb numbers such as “$141 billion in unfunded pension liabilities” and to understand how it affects actual pocketbooks. Editorial Roundup: Illinois 2021-03-02T05:00:00Z Loren Patterson with the ranchers group said the bill would amount to an unfunded mandate for the agency to broaden its mission at a time when the state budget is stretched. Proposed overhaul of New Mexico wildlife agency stalls 2021-02-23T05:00:00Z A similar measure cleared both the House and Senate last year, but was vetoed by Little amid concerns it contained unfunded mandates in the form of education and medical expenses. Bill to compensate wrongly convicted heads to Idaho governor 2021-02-23T05:00:00Z Since then, both the failure of the often-predicted fiscal crisis to materialize and the way the GOP rammed through a huge, unfunded tax cut under Trump have made it hard to take such posturing seriously. Biden is the big spender America wants 2021-02-15T05:00:00Z Ram through unfunded mandate on business with zero input. Seattle’s sudden move on hazard pay shows how absent government has been for frontline workers 2021-02-06T05:00:00Z The report showed that most of the city’s financial problems stem from unfunded retirement obligations, including $8.5 billion in pension, and $2.7 billion in retiree health care benefits. LA city councilors each employ 22 to 36 aides, many making $100K-plus 2021-01-27T05:00:00Z There are several ways to finance future Social Security unfunded liabilities. Opinion | Social Security is not broken, but plans to ‘fix’ it are 2021-01-01T05:00:00Z And “then in about ten years, the unfunded Social Security, Medicare, and pension promises kick in to really blow up the deficit.” Opinion | Lindsey Graham finally wants to begin a dialogue about the debt 2020-12-23T05:00:00Z Almost exactly three years ago, when Congress passed Trump’s unfunded $2 trillion tax cuts, Republicans billed that, too, as a “middle-class” tax cut. Opinion | Republicans claim to be the party of the working class. They have a funny way of showing it. 2020-12-21T05:00:00Z It’s true that some big Democratic states, most notably Illinois and New Jersey, have massive unfunded pension liabilities for public-sector workers. Budget toll from virus hits both Democratic, GOP-led states 2020-12-13T05:00:00Z They fear a wave of students who left the public school system this year will be back next year leading to an unfunded increase in enrollment. New Mexico education spending plan focuses on student equity 2020-12-09T05:00:00Z Even if conservatives claim to prioritize economic growth above all else — as when they argued for unfunded tax cuts, for instance — this priority is best met through generous, immediate, well-crafted fiscal relief. Opinion | A massive stimulus now can save money later 2020-12-07T05:00:00Z The unfunded liability is almost double the national debt. Opinion | Lindsey Graham finally wants to begin a dialogue about the debt 2020-12-23T05:00:00Z The US’s unfunded entitlements liabilities have grown to several times the already high national debt. Which aspect of US economic inequality is most worrying? 2020-10-22T04:00:00Z Although she voiced concern that parts of the legislation are unfunded and that finding money will be challenging in the current economic environment, the mayor said she supports it. D.C. Council approves new e-scooter regulations 2020-10-19T04:00:00Z “When the council unfunded the Navigation Team, there wasn’t a plan over what to do next and we need a plan,” Blakeney said. As Seattle officials war over future of homeless encampments, frustration grows over lack of answers 2020-10-03T04:00:00Z “As far as I’m concerned, this is an unfunded mandate that is not giving us the data we need fast enough to improve either care or protection,” Mr. Unkle said. ‘Testing Hell’: Gift of Devices to Nursing Homes Brings New Problems 2020-09-29T04:00:00Z USPS, however, countered that “unfunded government mandates,” such as its retirement obligations, are driving its budget woes — not Amazon. Newly revealed USPS documents show an agency struggling to manage Trump, Amazon and the pandemic 2020-09-17T04:00:00Z That control plan is part of an unfunded mandate by the U.S. Sewer tunnel project in Fort Wayne reaches halfway point 2020-08-22T04:00:00Z But further justification for the huge weapons procurement package - drawn in part from a Pentagon “unfunded priorities” wish list of items excluded from the official $740 billion or so defense budget - has been lacking. GOP tucks $8 billion for military weaponry in virus bill 2020-07-28T04:00:00Z Currently, the public pension system faces more than $50 billion in unfunded liabilities and the territory’s government has been resisting efforts by the board to impose pension cuts and other austerity measures. Puerto Rico announces referendum to protect public pensions 2020-07-20T04:00:00Z “If we are unable to play sports this fall, the athletics department would incur approximately $40M in unfunded expenses in the next six months,” Pollard wrote. Patriot League punts on fall football as SEC leaders meet 2020-07-13T04:00:00Z A recent federal court decision in Boston also tipped the field against the school in its pursuit of dissuading students from joining off-campus, unfunded, single-gender social organizations. Harvard drops restrictions on single-sex fraternities, clubs 2020-06-30T04:00:00Z This was despite the fact that Trump’s economic record benefited from massive fiscal stimulus, through trillions of dollars of unfunded tax cuts and expanded federal spending. Opinion | Trump is running on the economy without a plan to rebuild it 2020-06-08T04:00:00Z It is also a rare bright spot for cities and states that are facing enormous revenue shortfalls, which may require still unfunded infrastructure projects to be put on hold or shelved altogether. With Fewer People in the Way, Transportation Projects Speed Ahead 2020-06-05T04:00:00Z At one point, Puerto Rico faced more than $100 billion in debt and unfunded pension obligations. Supreme Court upholds Puerto Rico financial oversight board 2020-06-01T04:00:00Z “I’ll be honest with you, it may turn out to be an unfunded mandate. Nobody knows yet.” Nursing home coronavirus testing remains scattershot, despite being a Newsom priority 2020-05-31T04:00:00Z Analysts there calculated the unfunded local and state pension liabilities based on per-family dollar amounts. Editorial Roundup: 2020-05-04T04:00:00Z Democrats have pushed for more money for states and local governments, while GOP lawmakers have expressed concerns that more aid could be used for other things, like tackling unfunded pension systems. Coronavirus aid can't be used as 'piggybank' for unrelated spending, GOP senators say 2020-04-30T04:00:00Z “They asked for $10 billion just to bail out our unfunded pension obligations. Those existed, of course, well before the virus ever hit in the United States, including Illinois.” America First spokesperson: Illinois Senate Dems' request for $41.6B federal bailout 'shameless' 2020-04-26T04:00:00Z A big one is, indeed, the massive debts and unfunded liabilities among states and localities. You can’t disinfect the politicians either 2020-04-24T04:00:00Z States with some of the highest unfunded liabilities include California, Illinois, New Jersey, Connecticut, Kentucky and Alaska. ‘Pause button’: Skeptical Republicans reject ‘blank check’ for governors 2020-04-22T04:00:00Z Even before the health crisis Illinois, the lowest-rated U.S. state, was on shaky financial ground with a huge unfunded pension liability and chronic structural budget deficits. Illinois projects sharp revenue drop due to coronavirus fallout 2020-04-15T04:00:00Z Science reporter Brian Resnick finds solace in a paper, based on a decade of unfunded work, about the resilience of flowers. Daily briefing: Water might be so unusual because it’s actually two liquids in one 2020-04-07T04:00:00Z At the same time, Congress and the administration added $9 trillion in unfunded obligations by expanding prescription drug benefits under Medicare. Coronavirus pandemic, rescue bills lead to deepening federal deficit 2020-04-12T04:00:00Z The accords require banks to hold capital against the funded and unfunded revolving credit lines they provide to their corporate clients. Banks wary of liquidity extend expensive, shorter-dated credit to GE 2020-04-01T04:00:00Z Republicans on the property-tax task force came up with their own set of proposals to ease spending pressure on local taxing bodies, like eliminating unfunded mandates and eliminating and/or consolidating local units of government. Illinois Editorial Roundup: 2020-03-17T04:00:00Z Government reports show there is at least a $1 billion gap in unfunded mining liabilities in B.C. Washington’s rivers, salmon and orcas need protection from Canadian mines 2020-02-25T05:00:00Z The Legislature approved public pension reforms aimed at easing $6.6 billion in unfunded liabilities for the retirement fund that benefits state and local government employees. Gun control wins, marijuana loses at New Mexico Legislature 2020-02-20T05:00:00Z The public pension system faces more than $50 billion in unfunded pension benefits. Puerto Rico goes to court against debt-restructuring deal 2020-02-19T05:00:00Z Supporters said the bill seeks to address concerns about $6.6 billion in unfunded liabilities that are weighing down the credit rating of the state and its largest city and driving up borrowing costs. New Mexico public pension reform passes in state House 2020-02-17T05:00:00Z McClatchy’s problems, for instance, stem not only from its debt load but its unfunded pension obligations, which were estimated at more than $528 million as of September. Column: A newspaper company's bankruptcy stirs fears about the death of local news 2020-02-13T05:00:00Z The current unfunded liability of teacher pensions for the United States is estimated at more than $1 trillion. Perspective | Teachers deserve higher pay. Should the money come from pension funds? 2020-02-04T05:00:00Z It dropped 5,000 people - about 20% - in the year after the museum handled that final Confederate flag with a vague, unfunded mandate to display it properly. South Carolina’s Confederate Relic Room ponders name change 2020-02-01T05:00:00Z “Much of this work is unfunded, but it’s a kind of a philosophy … grassroots democracy, that locates the reform in the community, who will be the beneficiary.” Rural schools court `homegrown’ teachers amid shortage 2020-01-26T05:00:00Z The Public Employees Retirement Association has unfunded liabilities of $6.6 billion that could balloon if a recession hits, fund managers say. Elections loom over Democrats on guns, marijuana, pensions 2020-01-25T05:00:00Z Decades of incompetent budgeting and enormous but unfunded promises shove state government into insolvency, unable to pay bills as they come due. Illinois Editorial Roundup: 2020-01-22T05:00:00Z An NIH spokesperson said the agency does not comment on unfunded grant applications. Research on embryo-like structures struggles to win US government funding 2020-01-16T05:00:00Z Despite the cap on Medicaid spending increases on county governments, the portion the counties still pick up represents by far the largest unfunded mandate on their books. Editorial Roundup: New York 2020-01-15T05:00:00Z At the time, officials said the company had more than $1 billion of debt from bonds and unfunded pension liabilities and needed cash to make seismic repairs to its aging facilities. After years of financial woes, Los Angeles hospital running out of prayers 2020-01-12T05:00:00Z The EPA quietly revealed over the holidays that the program now has its largest backlog of unfunded projects in 15 years. Editorial Roundup: Excerpts from recent Minnesota editorials 2020-01-06T05:00:00Z The unfunded projects are in 17 states and Puerto Rico. Backlog of toxic Superfund clean-ups grows under Trump 2020-01-02T05:00:00Z The $30 million appropriation will support “a critically important but previously unfunded priority of the Army,” said U.S. Army Mountain Warfare School to get $30 million for facility 2019-12-25T05:00:00Z Requiring a significant increase in that unfunded mandate would force palpable local tax increases or service cuts - or some combination of both. Editorial Roundup: New York 2020-01-15T05:00:00Z The bill, among other changes, allows the Treasury to send as much as $750 million a year into the fund as it covers the unfunded pension obligations. Congress Saves Coal Miner Pensions, but What About Others? 2019-12-24T05:00:00Z In addition, the Department of Education issued an unfunded mandate this summer for districts to provide at least five hours of mental health education a year. Editorial Roundup: Florida 2019-12-24T05:00:00Z Indeed, we are at a point in the progress to end diseases where we must realize that a life saved from AIDS, tuberculosis and malaria inevitably will be challenged by another unfunded disease. A Human Approach for Universal Health Coverage 2019-12-24T05:00:00Z “But at the same time it doesn’t change the unfunded position of the plans,” he said. Illinois pension consolidation law will help cities, but nagging liabilities remain 2019-12-18T05:00:00Z Separately on Wednesday, the executive director of the statewide retirement fund for educational workers outlined a legislative proposal to more quickly pay down unfunded liabilities of $7.9 billion overseen by the Education Retirement Board. Retired government workers decry pension-solvency proposal 2019-12-04T05:00:00Z Lujan Grisham says the proposal she backs would put the Public Employees Retirement Association on track to eliminate unfunded pension liabilities within 25 years. New Mexico governor endorses increased pension contributions 2019-12-03T05:00:00Z In a statement, the Sheriff’s Department said it is “working diligently to satisfy a major unfunded mandate” from the Legislature. For families of those killed by deputies, a long wait for answers 2019-12-02T05:00:00Z The company said Tuesday that it needs to address debt and unfunded pension obligations while it puts the company up for sale. Dean Foods seeks bankruptcy protection, sale 2019-11-12T05:00:00Z “There is still a sizeable unfunded liability with so many cities and towns across Illinois,” he said, noting that credit challenges will remain as a result. Illinois pension consolidation law will help cities, but nagging liabilities remain 2019-12-18T05:00:00Z Other members said they were uncomfortable with handing schools another unfunded mandate. Assembly panel considers mandatory cursive bill 2019-11-06T05:00:00Z “Marylanders deserve more accountability and better outcomes, not pie-in-the-sky unfunded spending proposals.” ‘A battle for the soul of Maryland’: Baltimore education advocates gear up for Kirwan funding fight 2019-10-27T04:00:00Z It requires the state treasurer to calculate the unfunded actuarial liability of any public pension program in the state as of Dec. 31, 2022. Court: AG must rewrite ‘misleading’ pension ballot measure 2019-10-11T04:00:00Z Remember that the state occasionally skipped contributions to its five pension funds for government workers, creating a $134 billion unfunded liability. Excerpts from recent editorials in newspapers in Illinois 2019-10-08T04:00:00Z Sheriff’s officials attributed Villanueva’s inherited deficit largely to unfunded retirement and workers’ compensation claim costs. In a sharp rebuke, L.A County supervisors vote to freeze sheriff's spending 2019-10-01T04:00:00Z Over the years, the government of Puerto Rico, seeing the huge problem the unfunded pension obligations presented, made some moves to limit the damage. $129 Billion Puerto Rico Bankruptcy Plan Could Be Model for States 2019-09-27T04:00:00Z Puerto Rico’s public pension system currently faces more than $50 billion in unfunded pension benefits. Federal board files plan to reduce Puerto Rico debt by 60% 2019-09-27T04:00:00Z It creates a constitutional prohibition against government employers accruing any new unfunded liabilities after that date. Court: AG must rewrite ‘misleading’ pension ballot measure 2019-10-11T04:00:00Z The capital plan is a wish list of the agency’s priorities and it is mostly unfunded. Your Subway Was Delayed by 1930s Signals. A Fix Is Finally Coming. 2019-09-23T04:00:00Z A chronic budget deficit along with a big unfunded pension liability have led to low credit ratings and high borrowing costs for the nation’s third-largest city. Chicago mayor tells investors she will tackle city's fiscal woes 2019-09-20T04:00:00Z That lurch started with the Green New Deal, a bill that was more manifesto than legitimate legislation, a wish list of unfunded, unrealistic proposals to guarantee jobs, vacation and retirement security for all Americans. Editorial Roundup: Excerpts from recent editorials 2019-09-11T04:00:00Z Passing a law is one thing, but school districts don’t need another unfunded mandate. Editorials from around New York 2019-09-04T04:00:00Z In fact, it’s not literally possible for government employers to avoid incurring new unfunded liabilities — temporarily at least. Court: AG must rewrite ‘misleading’ pension ballot measure 2019-10-11T04:00:00Z She also officially ruled out taking longer to address unfunded liabilities in the Public School Employees’ Retirement System to free up revenue for roads. Whitmer won’t accept ‘status quo’ in road, budget talks 2019-08-28T04:00:00Z Critics said that if the proposal were to somehow pass the council in time, it would remain unfunded. Mayor Bowser is using Twitter in her fight to keep the DC Circulator free 2019-08-24T04:00:00Z “They have Zero credibility and are losing a fortune, even now, especially after their massive unfunded liability. I’m fairly certain they’ll endorse me just to keep it all going!” President Trump says he's 'certain' New York Times will endorse him in 2020: report 2019-08-19T04:00:00Z The measure was passed by lawmakers in a bid to rein in the state’s unfunded pension liability tied to the Public Employees Retirement System, which is about $27 billion. Public employees sue Oregon over pension law 2019-08-10T04:00:00Z It’s common for these types of plans to go unfunded, and even the most wide-eyed optimists don’t expect the money to materialize anytime soon. Ferguson five years after the killing of Michael Brown 2019-08-06T04:00:00Z Total unfunded pension liabilities that are guaranteed to be paid are $445.79 billion, or 67 percent of state personal income. Excerpts from recent editorials in newspapers in Illinois 2019-08-05T04:00:00Z "While I support our heroic first responders, I can’t in good conscience vote for legislation which to my dismay remains unfunded," Paul wrote on Twitter. 9/11 victims' fund bill passes Senate, ending months of doubts for 'ecstatic' first responders 2019-07-23T04:00:00Z “While I support our heroic first responders, I can’t in good conscience vote for legislation which to my dismay remains unfunded,” Paul said. Senate votes to extend 9/11 victims fund for first responders who’ve become sick since 2001 attacks 2019-07-23T04:00:00Z Study authors William Hartman and Timothy J. Shrom illustrate how unfunded mandated costs - retirement and charter school tuition in particular - soon will exceed the amount of state aid many districts receive. Editorials from around Pennsylvania 2019-07-17T04:00:00Z As one of its 10 Big Ideas, the NSF set forth the goal of investing in mid-scale research infrastructure, which was previously unfunded. Who Should Pay for "Moon Shots"? 2019-07-16T04:00:00Z Like schools and teachers, the Indiana School Boards Association is concerned about the mounting number of unfunded mandates and public education laws. Recent editorials published in Indiana newspapers 2019-07-02T04:00:00Z The lawsuit also cites Illinois’ credit ratings, the lowest among U.S. states at a notch or two above junk, and an “unsustainable” debt burden that includes a $133.5 billion unfunded pension liability. Lawsuit challenges constitutionality of $16 billion of Illinois bonds 2019-07-01T04:00:00Z It’s not enough to allay concerns about growing unfunded pension liabilities. New laws taking effect July 1 reflect progressive shift 2019-06-29T04:00:00Z The researchers’ efforts to predict the spread of viruses in real time are often unfunded and have to be completed over weekends or in spare evenings alongside ongoing funded academic responsibilities. Lessons learnt from doing research amid a humanitarian crisis 2019-06-25T04:00:00Z The Senate was expected to meet later Thursday to decide whether to accept the House version of the capital budget that left major provisions unfunded. Alaska House ends special session with unfinished work 2019-06-13T04:00:00Z The Senate was expected to meet Thursday to decide whether to accept the House version of the capital budget that left major provisions unfunded. Alaska House ends special session with unfinished work 2019-06-13T04:00:00Z The Teachers Retirement System, which funds the pensions of teachers outside Chicago, as of last summer carried unfunded pension liabilities of more than $75 billion. Excerpts from recent editorials in newspapers in Illinois 2019-06-11T04:00:00Z There’s a long list of unfunded community needs, including overdue street, sidewalk, bridge and bike projects, plus schools, parks, libraries and other infrastructure that hasn’t kept up with growth. Don’t derail Sound Transit 3, Seattle 2019-05-31T04:00:00Z More action is needed to mitigate unintended consequences and the potential cost implications for unfunded researchers, says Emma Wilson, director of publishing at the UK Royal Society of Chemistry in Cambridge. Ambitious open-access Plan S delayed to let research community adapt 2019-05-29T04:00:00Z Pritzker, who proposed the graduated tax plan as a way to help address a $133.5 billion unfunded pension liability and fund critical state services, said the amendment would create a more balanced income tax system. Illinois to ask residents to vote on how income tax is levied on... 2019-05-27T04:00:00Z Sweeney instead is pushing a slate of bills aimed at addressing the state’s core fiscal concerns: principally its massive unfunded public worker pension and health benefits liabilities. Tax on wealthy, business incentives emerging as top issues 2019-05-27T04:00:00Z The lead author of the CCC report, Jim Hall, says existing plans to protect the coast are unfunded and unrealistic, and that the public are being kept in the dark about the real risks. ‘This is a wake-up call’: the villagers who could be Britain’s first climate refugees 2019-05-18T04:00:00Z So, lawmakers broke the system, then sort of fixed it going forward, without addressing the $70 billion unfunded liability. Editorials from around Pennsylvania 2019-05-15T04:00:00Z The proposal raised concerns with credit rating agencies, which rate Illinois a notch or two above junk due to its huge $133.5 billion unfunded pension liability and chronic structural budget deficits. Rating analysts weigh in on Illinois' improved pension payment outlook 2019-05-08T04:00:00Z Opponents said the bill amounts to an unconstitutional unfunded mandate. House passes bill to require menstrual products in schools 2019-05-08T04:00:00Z Democrats who hand Trump an unfunded infrastructure plan could end up arming his minions with an ax to chop up everything else they hold dear. Opinion | Trump is a policy simpleton, but he’s a shrewd survivor 2019-05-05T04:00:00Z They also said lawmakers first need to address Oregon’s unfunded public pension liability before putting money into the education system. Oregon House approves tax on business to fund schools 2019-05-01T04:00:00Z Puerto Rico already faces nearly $50 billion in unfunded pension liabilities as it continues to restructure a portion of its more than $70 billion public debt load. Board orders Puerto Rico to pay $340M owed to pension system 2019-04-30T04:00:00Z The Advocate reports Dakota Theriot’s attorneys said Monday that their team is completely unfunded, leaving them working for free and unable to hire needed investigators and experts. Defense attorneys asks for legal pause over lack of funding 2019-04-30T04:00:00Z Officials say four of the expected 11 vacancies will remain unfunded through at least 2019 under the terms of a three-year contract approved in March. Alaska city faces shortage of police officers 2019-04-14T04:00:00Z Moody’s says pension reforms this year did not increase contributions by enough to reduce the problem of unfunded financial liabilities. Rating agency says New Mexico pension woes persist 2019-04-12T04:00:00Z In fact, nine of 11 salmon-recovery projects prioritized by the state’s own Puget Sound Acquisition and Restoration Fund are unfunded in any budget. With billions more in state budget, it’s time to fully fund salmon recovery 2019-04-11T04:00:00Z While newer employees can rightfully say they aren’t the cause of the unfunded liability, no one will escape the fallout of decades’ worth of poor policymaking. Editorials from around Oregon 2019-04-03T04:00:00Z “But don’t create another unfunded mandate,” he cautions Washington. Youth often become homeless just after leaving juvenile detention. Can the state really stop it? 2019-03-29T04:00:00Z The Virginia Retirement System’s recent “stress test” predicts that a market crash or several years of lower-than-expected returns would add billions to the plan’s current unfunded liabilities. Virginia pension fund in trouble if market meltdown hits 2019-03-21T04:00:00Z We also know that the state faces an ominous unfunded pension obligation that is only getting worse. Kentucky editorial roundup 2019-03-20T04:00:00Z This is fine, but if we leave scientifically prioritized projects unfunded because of this agreement, then it is not money well spent. With billions more in state budget, it’s time to fully fund salmon recovery 2019-04-11T04:00:00Z Legislators banned the devices in 2018 and created the buyback program at the same time, but left it unfunded. Inslee signs bump stock buyback funding 2019-03-14T04:00:00Z Here’s how: Illinois remains deeply in debt, continues to borrow to pay bills, faces an insurmountable unfunded pension liability and is losing taxpayers who are fed up with paying more. Excerpts from recent editorials in newspapers in Illinois 2019-03-12T04:00:00Z While Kelly stopped short of threatening to veto the bill during a Friday news conference, she said, “Another way that you could look at it is that it’s an unfunded federal mandate.” Kansas GOP leader compares tax plan to returning a billfold 2019-03-08T05:00:00Z The study found state workers had $3.5 billion in unused leave as of 2017, creating a massive unfunded liability for the state. Banked time-off pay for California workers creates huge taxpayer liability 2019-03-07T05:00:00Z A huge unfunded pension liability of $133.5 billion, along with chronic structural budget deficits, led to downgrades that pushed the state’s credit ratings to a notch or two above the junk level. Illinois would gain $3.4 billion with graduated income tax rates:... 2019-03-07T05:00:00Z Lewis acknowledged the impact was small, but said it was “important for us not to do anything that added to the unfunded liability.” Kentucky GOP trying again with teacher pension bill 2019-02-20T05:00:00Z The proposed budget also produces no short-term solution to the state’s massive unfunded pension liability. Excerpts from recent editorials in newspapers in Illinois 2019-03-12T04:00:00Z Again, this won’t solve all of Kentucky’s problems but every dollar helps in a state where the unfunded pension obligations are $40 billion and counting. Kentucky editorial roundup 2019-02-20T05:00:00Z But regents CEO and Executive Director Paul Beran says it would create unfunded mandates for universities. The Latest: House panel OKs ‘intellectual diversity’ bill 2019-02-06T05:00:00Z Paul Beran, chief executive officer and executive director of the Board of Regents, says it would create unfunded mandates for universities. Regents oppose campus ‘intellectual diversity’ measure 2019-02-06T05:00:00Z Then, the state adopted an actuarially designed plan that covered current benefits and paid down the unfunded liability, but state leaders continually paid less than deemed necessary. Underfunded teacher pension fund could hinder future budgets 2019-01-28T05:00:00Z Pelosi has cited security threats to the event, given that key federal agencies are unfunded, but a senior Homeland Security official told Fox News that the agency is ready and well-prepared for the event. Hoyer says 'sure' when asked if Trump can deliver SOTU, despite Pelosi's objections 2019-01-22T05:00:00Z The report outlined 13 unfunded maintenance or renovation projects across 15 facilities between March 2017 and April 26. Audit finds deteriorating infrastructure at Naval Academy 2019-01-18T05:00:00Z An estimated 1 million workers employed on government contracts with currently unfunded agencies are also at risk. Opinion | The risks of a recession are rising — and Trump might be to blame 2019-01-17T05:00:00Z He suggested that the Office of Management and Budget was using a loose interpretation of government regulations that say unfunded government operations could only continue during a shutdown if needed to “protect life and property.” White House Redefines Who Is Essential to Get Parts of Government Moving Again 2019-01-17T05:00:00Z One of the biggest involves the $2 billion in pension obligation bonds that were issued in 2008 to help pay down the unfunded liability. Underfunded teacher pension fund could hinder future budgets 2019-01-28T05:00:00Z Allowing national parks to limp along unfunded and unmanaged is a basic failure to uphold the core American value of preserving and protecting these iconic landscapes. Opinion | The real shutdown ‘charade’ 2019-01-15T05:00:00Z The Navy didn’t release the costs of all unfunded projects. Audit finds deteriorating infrastructure at Naval Academy 2019-01-18T05:00:00Z “And we are paying down the debt in historic ways, and we are paying down unfunded liabilities in a way we never have.” Gavin Newsom’s First State Budget Calls for Big Spending and Paying Down Debt 2019-01-11T05:00:00Z The result is a political stalemate that leaves a quarter of the government unfunded. Trump tweets his fury after bombshell report adds drama to Russia inquiry 2019-01-12T05:00:00Z He said the Army Corps works on dams, levees and other projects across the nation and has an enormous backlog of unfunded needs. Trump administration eyes disaster money to fund border wall 2019-01-10T05:00:00Z “This budget lays a strong financial foundation for our state by eliminating debts, expanding the rainy-day fund and paying down our unfunded liabilities,” Newsom said in remarks prepared for his budget address. California governor offers $144 billion budget, ups savings 2019-01-10T05:00:00Z “I don’t have a smoking gun, but given the IRS is unfunded, something seems not right here,” Draeger said. Some of America’s poorest college kids are in financial aid limbo, thanks to disruptions at the IRS 2019-01-08T05:00:00Z The two House bills are expected to fail to break a bitter budget standoff and bring Congress closer to reopening the nine unfunded federal departments, as the measures do not include additional border wall funding. As shutdown enters third week, congressional leaders head to White House to negotiate with Trump 2019-01-04T05:00:00Z The agencies that are unfunded and in shutdown mode include Homeland Security, which pays for the wall; as well as the departments of Agriculture, Justice, Interior, Transportation, State, and Housing and Urban Development. Trump falsely claims Mexico is paying for wall, demands taxpayer money for wall in meeting with Democrats 2019-01-02T05:00:00Z Curae Health filed for bankruptcy in August, citing financial challenges from government funding cuts and unfunded care requirements. North Mississippi Health Services buys hospital in Amory 2019-01-02T05:00:00Z The second part of the package would fund federal agencies that are now unfunded, such as the Justice, Commerce and Transportation departments, through Sept. 30. Congress to reconvene with no end in sight for federal shutdown 2019-01-02T05:00:00Z The second part of the package would fund federal agencies that are now unfunded, such as the Justice, Commerce and Transportation departments, through Sept 30. Trump invites congressional leaders to border security briefing:... 2019-01-01T05:00:00Z “Non-essential” federal workers at unfunded agencies are on furlough and staying home. Explainer: How partial shutdown of U.S. government could play out 2018-12-27T05:00:00Z Given the fact that the school funding formula is underfunded nearly every year, districts do not need another unfunded mandate. Mississippi editorial roundup 2018-12-26T05:00:00Z Campbell supported planting new landscaping in some of the city’s medians instead of Huang’s suggestion of paying down unfunded pension liabilities. California’s youngest female mayor holds the gavel in Yorba Linda 2018-12-25T05:00:00Z Three plans alone account for 65 percent of all unfunded liabilities, led by the Teamsters’ Central States fund, which is falling short by $22.9 billion. For American Workers, 4 Key Retirement Issues to Watch in 2019 2018-12-20T05:00:00Z If the House and Senate can’t compromise, the unfunded parts of the government would stay closed until one side blinks. If there's a government shutdown tonight, here's how it could affect you 2018-12-21T05:00:00Z It ended fiscal 2018 with an unfunded pension liability of nearly $38 billion, according to preliminary numbers included in a recent legislative update. Kentucky Supreme Court tosses pension law on procedural factors 2018-12-13T05:00:00Z That’s because if lawmakers pass a pay raise without also providing more funds to the state’s Public Employees Retirement System, school districts will be hit with an unfunded mandate. Mississippi editorial roundup 2018-12-26T05:00:00Z First, the awful numbers: For several years we’ve cited the figure of $130 billion to represent Illinois’ estimated unfunded pension liability. Excerpts from recent editorials in newspapers in Illinois 2018-12-11T05:00:00Z That’s in addition to unfunded liabilities in the retiree health care program. Agencies warn Lamont of looming surge in state retirements 2018-12-09T05:00:00Z The Des Moines Register reports that study released Thursday on the Iowa Public Employees’ Retirement System predicts that the system’s long-term unfunded liabilities will likely grow to $7 billion over the next five years. Report: Iowa pension fund has $6.8B in unfunded liabilities 2018-12-07T05:00:00Z This was another two-faced move from a party that regularly assails “unfunded federal mandates” and lauds the importance of state and local problem-solving. Opinion | Republicans are taxing churches to help corporations. Really. 2018-12-05T05:00:00Z With the unfunded liabilities also affecting the state budget, Newsom needs to lead the charge for much stronger reforms to stop the bleeding. California Editorial Rdp 2018-11-28T05:00:00Z Although funding and support from such staff correlated with high activity, most engagers were untrained, unfunded, and acted on their own even if institutional help was available. Astronomers have an outsize passion for outreach 2018-11-25T05:00:00Z Some areas of the new fencing stretch for miles, including near the Otay Mesa prototype walls built earlier this year in anticipation of Trump’s still unfunded, contiguous border wall project. Troops arrive at border in San Diego well ahead of potential migrant caravan 2018-11-09T05:00:00Z The study predicts the unfunded liabilities will then begin to gradually decline and fully disappear by 2046. Report: Iowa pension fund has $6.8B in unfunded liabilities 2018-12-07T05:00:00Z Eric Johnson, executive director of the Washington State Association of Counties, said the problem of limited revenue-raising options for counties is compounded when the Legislature passes unfunded mandates to counties. Three King County cities, Snohomish County ask voters to approve sales-tax increases 2018-11-03T04:00:00Z But there are warning signs that will demand his attention - chronic problems such as high housing costs, unfunded pension liabilities and an education system failing many at-risk kids. California Editorial Rdp 2018-11-28T05:00:00Z The state’s pension system has an unfunded liability of $22 million, while the state’s graduation rate is third-worst in the nation and student absenteeism is a big problem. Oregon’s incumbent Democrat faces tight race for governor 2018-10-26T04:00:00Z But the CCC says current shoreline management plans are unfunded and hopelessly optimistic. Rising seas will swamp homes, report says 2018-10-25T04:00:00Z Like elected bodies from sea to shining sea, the issue of unfunded liabilities in the public pension system is the proverbial 600-pound elephant in the room. A roundup of recent Michigan newspaper editorials 2018-10-22T04:00:00Z Nationwide, there is an $89.9 billion backlog of unfunded infrastructure projects to keep rail and bus systems in a “state of good repair,” according to the Federal Transit Administration. Where Chicago Trounces New York: Fixing Mass Transit 2018-10-18T04:00:00Z It is going to get worse before it gets better — as a $3 billion unfunded pension and health-care time bomb ticks. Opinion | D.C.’s great train robbery 2018-10-12T04:00:00Z Now, he’s undecided and may vote for Buehler because of concerns about education and unfunded pensions. Oregon’s incumbent Democrat faces tight race for governor 2018-10-26T04:00:00Z “This is more than just an unfunded mandate, requiring us to do something without paying for the cost,” said Seattle city attorney Pete Holmes. 5G service rolls out — but not without controversy - Los Angeles Times 2018-10-06T04:00:00Z The tobacco companies’ ads say the tax would create an unfunded mandate because it doesn’t fully fund the Medicaid expansion program. Industry groups spending millions fighting Montana measures 2018-10-03T04:00:00Z At one point, Trebek chided Wagner for either worrying too much or too little - we’re honestly not sure - about Pennsylvania’s unfunded public pension liabilities. Editorials from around Pennsylvania 2018-10-03T04:00:00Z Securities and Exchange Commission claims that he directed an advisory fund to buy loans that were at risk of going unfunded, thereby depriving LendingClub of revenue, the agency said in a statement Friday. LendingClub founder banned from the securities industry for three years - Los Angeles Times 2018-10-01T04:00:00Z The hospital system needs expensive infrastructure updates and has unfunded pension liabilities and bond debts totaling more than a billion dollars, he said. City of Lynwood moves to buy St. Francis hospital - Los Angeles Times 2018-09-27T04:00:00Z Some referred to the policy as “overkill,” a waste of resources and an “unfunded mandate,” particularly burdensome for cash-strapped counties. Bipartisan furor as North Carolina election law shrinks early voting locations by almost 20 percent 2018-09-26T04:00:00Z That reduction contributed to today’s shortfall, although the biggest component of the unfunded liability stems from investment losses since 2009, according to a January analysis by the pension system’s actuary. Analysis: Public retirement plan pressure won’t end soon 2018-09-23T04:00:00Z This was not some unfunded subsidy or tax cut; it helped millions without increasing the deficit. Opinion | The Affordable Care Act did make hard choices 2018-09-13T04:00:00Z Ms. Raimondo took on the government unions as state treasurer in 2011, championing bold pension reforms that slashed the state’s unfunded liability by nearly half. Opinion | A Democratic Reformer Tries to Hang On in New England 2018-09-07T04:00:00Z But Republican election officials — and some Democrats — say that unless the bill allocates additional funding to states, it is essentially an unfunded mandate. Once Bipartisan, an Election Security Bill Collapses in Rancor 2018-08-31T04:00:00Z Another unfunded mandate handed down by the state will do nothing to help struggling school systems across Georgia improve counseling programs and accessibility to what now must be seen as an essential service. Georgia editorial roundup 2018-08-29T04:00:00Z Rauner says he vetoed the bill Sunday because the minimum pay is an inefficient way to compensate teachers and is an unfunded mandate on school districts. Rauner vetoes bill raising Illinois minimum teacher salaries 2018-08-27T04:00:00Z The committee also recommended exploring the viability of transferring major assets, such as the New Jersey Turnpike system, to the state pension to lower the retirement system’s unfunded liability. Plans to overhaul NJ’s government face murky path ahead 2018-08-11T04:00:00Z Nearly 19 months into his presidency — and three months ahead of pivotal midterm elections — the envisioned $25 billion border wall remains unfunded by lawmakers. Ahead of midterms, Trump hits a wall in efforts to curb illegal immigration 2018-08-08T04:00:00Z The Public Employee Retirement System’s so-called unfunded liability is $22 billion, a staggering figure that is hard to grasp on a personal level. Editorials from around Oregon 2018-08-08T04:00:00Z But without the Joint Fire Science Program, she added, the experiment itself is unfunded. As wildfires rage, Trump administration plans to slash fire science funding 2018-08-05T04:00:00Z Instead, the unfunded mandate suggested that each district pursue grants and community donations to fulfill their obligation. Sudden cardiac arrest: Is your school prepared? 2018-08-02T04:00:00Z Illinois continues to suffer from years of deep structural deficits, unfunded pension liabilities and late payments to vendors. Excerpts from recent editorials in newspapers in Illinois 2018-07-31T04:00:00Z State officials credited recent work to shore up $3.4 billion in unfunded pension liabilities for the improvement. Major rating agency gives Minnesota an upgrade 2018-07-25T04:00:00Z And in terms of per capita state debt, Connecticut ranks among the worst in the nation, with unfunded liabilities amounting to $22,700 per citizen. Opinion | Connecticut is drowning in debt. Should the rest of us have to pay? 2018-07-23T04:00:00Z He says members will focus on ways to generate revenue streams to help pay down the unfunded liability. New pension panel meeting for first time 2018-07-22T04:00:00Z But it also acknowledged that its “financial structure is not sustainable” and retiring workers face “$2.8 billion in unfunded pension and health benefits.” Metro strike possible ahead of MLB All-Star Game 2018-07-16T04:00:00Z How would each address, again, the alarming unfunded pension liabilities that continue to rise? Excerpts from recent editorials in newspapers in Illinois 2018-07-31T04:00:00Z Don’t buy the standard exclamation of these workers now about the inviolability of their unfunded pensions: “But you promised!” The Court Shows the System Works 2018-07-06T04:00:00Z The opinion cited Illinois’ “severe budget problems,” including a nearly $160 billion unfunded liability for pensions and retiree healthcare in 2013, a huge pile of unpaid bills, and near-junk level credit ratings. Court ruling on unions no lifesaver for Illinois' sinking finances 2018-06-28T04:00:00Z Her comments echo those of former minister George Freeman, who said that the Conservatives risked losing the next election if they made a series of unfunded spending commitments. Be honest over spending, ministers warned 2018-06-26T04:00:00Z Colorado lawmakers in May passed a bill to pay off the pension’s $32 billion unfunded debt within 30 years. Colorado credit rating stable after pension reform 2018-06-08T04:00:00Z Colorado lawmakers in May passed a bill to pay off the pension’s $32 billion unfunded debt within 30 years. Colorado credit rating stable after pension reform 2018-06-08T04:00:00Z They also want members fully committed to maintaining labor’s political hegemony over the public sector as the only hope of collecting their unfunded benefits. The Court Shows the System Works 2018-07-06T04:00:00Z The unfunded pension obligation will still be at least $130 billion. Excerpts from recent editorials in newspapers in Illinois 2018-06-05T04:00:00Z The new law calls for sweeping changes to pay off the pension’s $32 billion unfunded debt within 30 years. Colorado governor signs bill to shore up public pension 2018-06-04T04:00:00Z Like other states, Minnesota’s unfunded pension liabilities had been growing for years. Excerpts from recent Minnesota editorials 2018-06-04T04:00:00Z The buyout plan is aimed at addressing Illinois’ roughly $130 billion unfunded pension liability and the state’s ballooning annual contributions to the funds. Illinois pension buyouts may not bring savings budget claims 2018-06-01T04:00:00Z Committee members on Wednesday will consider unfunded bills, bond proposals and other measures left on the table when lawmakers adjourned last month with unfinished business. Maine committee resuming work on state budget 2018-05-29T04:00:00Z Prospects for tackling the state’s $129 billion unfunded pension liability appear to be slim given bipartisan opposition in the House to Rauner’s proposal to shift some pension costs onto school districts. Credit analysts focus on substance over timing of Illinois budget 2018-05-25T04:00:00Z The vast majority what an agency contributes today goes to pay down the plan’s unfunded previous promises. Analysis: Tough choices remain for Mississippi pension fund 2018-05-20T04:00:00Z Taken together those actions will cut the unfunded liabilities by about $3.4 billion. Excerpts from recent Minnesota editorials 2018-06-04T04:00:00Z But very little of it is going to current employee benefits; the majority pays off unfunded benefits owed to retirees. What you need to know about Colorado’s $32B pension overhaul 2018-05-11T04:00:00Z Players who spend real money in the game are at an extreme advantage compared to unfunded players. MapleStory gets an extra life with a mobile game and 3D sequel 2018-05-11T04:00:00Z The city’s $60.8 million unfunded pension liability is now twice its annual operating revenues, and its police and fire funds are at risk of going broke in the next recession. Have We Got a Muni Bond for You 2018-05-10T04:00:00Z CalSTRS officials say the increase in the unfunded obligation is due primarily to a decision last year to lower the assumed investment return by half a percent to 7 percent per year. Unfunded debt for California teacher pensions up $11 billion 2018-05-10T04:00:00Z It’s expected to cut public sector retiree benefits and increase contributions to pay off the unfunded debt. Pension tops last-day agenda for Colorado lawmakers 2018-05-09T04:00:00Z Starting next fiscal year, the state will contribute $225 million yearly to pay down the pension’s unfunded debts. What you need to know about Colorado’s $32B pension overhaul 2018-05-11T04:00:00Z Turner said he will unveil over the next year a plan to begin paying down the $2.1 billion unfunded liability that accrued over the last decade or so. Houston mayor proposes 'tight' post-Hurricane Harvey budget 2018-05-08T04:00:00Z EPA's proposal, by contrast, would amount to an unfunded mandate targeting any number of studies, he said. EPA's 'secret science' rule could undermine agency's 'war on lead' 2018-05-08T04:00:00Z These unfunded mandates pile up and cost our state big. Excerpts from recent editorials in newspapers in Illinois 2018-05-08T04:00:00Z A study found that school districts nationwide are spending more to pay off unfunded benefits for past generations of workers. Rising pension costs play role in teacher protests across US 2018-04-30T04:00:00Z Local governments learned this past week they got some relief on their obligations to pay for the state’s unfunded pension obligation. Kentucky editorial roundup 2018-04-25T04:00:00Z Occasionally they’ll notice the $32 billion unfunded liability in the public pension system that glowers over the state’s future like an angry cloud. Colorado Editorial Roundup 2018-04-25T04:00:00Z Ms. James said the order “constitutes an unfunded mandate.” Cuomo Order on Public Housing May Carry Big Costs for City 2018-04-23T04:00:00Z And there is no doubt that unfunded pensions contributed significantly to bankruptcies in Detroit and other municipalities. Underfunded pensions force governments to make hard decisions 2018-04-23T04:00:00Z Today its debt and unfunded pension obligations total more than $120 billion, or twice the size of its economy. Hurricane Aid Has Eased Puerto Rico’s Finances. It May Not Be Enough. 2018-04-19T04:00:00Z The state faces roughly $40-something billion in unfunded obligations and a sizable chunk, but certainly not all of it - roughly half - is for education-related pension plans. Kentucky editorial roundup 2018-04-25T04:00:00Z The report said the unfunded liability hit a record $1.4 trillion. E.U. regulators want Facebook chief to testify; VW names a new CEO 2018-04-12T04:00:00Z Another factor was a reduction in the assumed rate of investment returns for some plans that pushed the overall unfunded liability higher by $138 billion. U.S. state pension funding gap rises to $1.4 trillion in 2016: Pew 2018-04-12T04:00:00Z The Pew Charitable Trusts report released Thursday says the unfunded liability hit a record $1.4 trillion. State pension funding hits record shortfall, report finds 2018-04-12T04:00:00Z A bigger issue, according to the Postal Service, is unfunded liabilities for employee benefits, which requires congressional legislation to fix. Forget Snow and Rain, Washington Can Stop the Postal Service 2018-04-10T04:00:00Z Much of this was because the agency faces a serious unfunded mandate for the costs of its future retirees. Perspective | Five myths about parcel shipping 2018-04-06T04:00:00Z Citing that argument, some board members suggested that MWD pick up agriculture's unfunded share to complete the full project. Another twist in road to delta tunnels 2018-04-07T04:00:00Z Not long after the state announcement, some MWD board members suggested that the agency consider paying for agriculture's unfunded share so that both tunnels could be built. Metropolitan Water District backs away from plan to finance both delta tunnels 2018-04-02T04:00:00Z Second, the new plan approach addresses a major issue the state currently faces with unfunded liabilities. Louisiana editorial roundup 2018-03-28T04:00:00Z They proposed that the MWD pick up agriculture's unfunded portion, which amounts to roughly a third of the project's total $17-billion cost. Southern California might foot the bill for delta tunnels project — with no promise of reimbursement 2018-03-28T04:00:00Z And Dayton vetoed last year’s attempt to shore up nearly $30 million in unfunded pension liabilities for this year because it was lumped in with other, more controversial measures. Senate OKs pension boost, ratifies public worker contracts 2018-03-26T04:00:00Z The bill isn’t an added expense for the state or an unfunded mandate, as it requests no state appropriation and plans to rely on grants. Recent editorials published in Nebraska newspapers 2018-03-26T04:00:00Z We agree, and we’re happy to see lawmakers taking unfunded liabilities a little more seriously after years of burying their heads in the sand. Editorials from around New England 2018-03-23T04:00:00Z Golomb is currently conducting an unfunded online survey to gather information on the experiences of thousands of patients. When antibiotics turn toxic 2018-03-20T04:00:00Z Some trustees called the effort to enroll the extra students an unfunded mandate, because the $20 million Cal State received from the state to boost enrollment last year was just a one-time payment. Proposals to boost Cal State enrollment pass key trustees committee 2018-03-20T04:00:00Z “If we don’t, the unfunded liability will even become greater and a tougher problem,” he said. Stivers: Stalled pension bill faces ‘difficult path forward’ 2018-03-14T04:00:00Z New Jersey’s unfunded pension liability led to to the 11 credit downgrades under Mr. Christie. Murphy’s First Budget Is Focused on Progressive Policies and New Taxes 2018-03-13T04:00:00Z There is no formal proposal on the table, but the MWD staff is exploring the possibility of the district picking up WaterFix's unfunded portion and building both tunnels. What, if anything, is lost in building one delta tunnel instead of two? 2018-03-05T05:00:00Z The task force was dealt the responsibility of looking for ways to reduce the state’s $25 billion in unfunded pension liabilities by $5 billion. Oregon lawmakers pass bill to boost public pension offerings 2018-03-04T05:00:00Z That includes deep cuts to the Section 8 program and eliminating the $2 billion earmarked for public housing capital repairs, a program that already faces more than $40 billion in unfunded and uncompleted upkeep. Opinion | A $31,000 dining room set for Ben Carson? Typical Trump administration behavior. 2018-02-28T05:00:00Z The nation's second-largest school system faces financial pressures on various fronts, including pension deficits, unfunded retiree healthcare and declining enrollment — caused by demographic changes and the growth of independently run charter schools. Non-teaching L.A. school employees will vote on authorizing strike 2018-02-26T05:00:00Z In a Jan. 19 letter to the donors, the foundation’s executive committee said that no further money would be provided to the Vatican for the hospital, leaving about half of the $25 million request unfunded. US donors balk at pope’s request for $25M for Rome hospital 2018-02-23T05:00:00Z Retirement debt: State and local governments face more than $400 billion in unfunded liabilities for public employee retirement benefits, and the situation is getting worse as baby boomers retire and life expectancy increases. Essential California: Sky-high rents and home prices are making it hard for Southern California businesses to attract workers 2018-02-23T05:00:00Z He also supports putting the money in the state’s rainy day fund, or paying toward its $13.8 billion of unfunded pension obligations. Treasurer: Washington should put income boost toward debt 2018-02-22T05:00:00Z That doesn’t count unfunded liabilities, reported by the Social Security and Medicare Trustees, that are four times the current public debt. Why America Is Going Broke 2018-02-21T05:00:00Z Pension spending consumes about 25 percent of the total state budget, and Illinois’ public pension systems have the greatest unfunded liability of any state in America. Excerpts from recent editorials in newspapers in Illinois 2018-02-20T05:00:00Z “But there’s not a lot of excess cash to pay for unfunded things, like a requirement to do a seismic retrofit.” ‘This is an urgent issue’: Seattle makes little progress on buildings that can kill in earthquakes 2018-02-15T05:00:00Z Despite clear signposts pointing to the importance of these determinants, such research goes unfunded, or grossly underfunded, and we remain that much further from a comprehensive understanding. Why the Disease Definition of Addiction Does Far More Harm Than Good 2018-02-09T05:00:00Z Speaking of momentum, the banner year enjoyed by the stock market in 2017 cleared away $3 billion of the pension system’s unfunded liability. Editorials from around Oregon 2018-02-07T05:00:00Z The agency said last year it has $25 billion in unfunded capital needs. Democrats: Trump budget cuts $150 million in expected Metro funds 2018-02-01T05:00:00Z The Galveston County Daily News reports the fund is facing $29 million in unfunded liabilities. State panel says Galveston pension underfunded for 17 years 2018-01-31T05:00:00Z Under a separate law from 2010, designed to deter unfunded legislation, Mr Trump’s tax cuts might have triggered automatic offsetting cuts to Medicare and other programmes. America’s budget process swallows time but achieves too little 2018-01-25T05:00:00Z But the MWD staff has outlined various arrangements that boil down to MWD and other urban agencies shouldering a portion of Kern's unfunded WaterFix costs in exchange for a portion of Kern's tunnel deliveries. One possible delta tunnels deal would give cheap water to farmers — and more expensive water to cities 2018-01-25T05:00:00Z And, as I asked the Joint Committee on Pension Systems Review, we should consider: enhanced contributions which recognize employees’ years of service, the elimination of unfunded cost-of-living adjustments and raising the age of retirement eligibility. Text of South Carolina governor’s State of the State address 2018-01-24T05:00:00Z Last week, Miller raised concerns about supporting the Amazon package before other obligations in Baltimore City and Prince George’s County were still unfunded. Montgomery County lawmakers embracing Hogan’s $5 billion effort to woo Amazon 2018-01-22T05:00:00Z Jillian Phippen tells the Tulsa World that the audit is an unfunded mandate by the state and that the department doesn’t have the manpower to complete it in the allotted time frame. Tulsa Police unlikely to meet state audit deadline 2018-01-22T05:00:00Z Everyone wants, at least publicly, to fund CHIP, but it remains unfunded. Opinion | Trump So Far Is More Farce Than Tragedy 2018-01-20T05:00:00Z The group, comprised of mostly business leaders, is examining issues such as unfunded pension liabilities and transportation. Fiscal commission hopeful lawmakers will heed their ideas 2018-01-18T05:00:00Z This was the only way to immediately begin reducing this unfunded liability. Text of South Carolina governor’s State of the State address 2018-01-24T05:00:00Z The governor’s plan somewhat shielded taxpayers from the cost of paying off PERA’s unfunded liability over 30 years, asking current retirees and employees to take on more of the cost. Colorado Editorial Roundup 2018-01-17T05:00:00Z Meanwhile, roads, bridges, schools and other work that could actually help Americans in their daily lives go unfunded so that the Pentagon, the CIA, and the NSA can enjoy their shiny new toys and privileges. House Extends Surveillance Law, Rejecting New Privacy Safeguards 2018-01-11T05:00:00Z “The costs of these largely unfunded projects run to many billions of dollars and far exceed the City’s resources.” New York City sues Shell, ExxonMobil and other oil companies over climate change 2018-01-10T05:00:00Z Both parties pledged to stabilize the Colorado Public Employees’ Retirement Association, which by some accounts has more than $30 billion in unfunded liabilities — and at a time when Colorado’s workforce is aging. Roads, schools, pensions top issues for Colorado lawmakers 2018-01-10T05:00:00Z We are now facing a $24 billion unfunded liability which threatens our long-term stability. Text of South Carolina governor’s State of the State address 2018-01-24T05:00:00Z They also hope to shore up the state public employees’ pension fund, which has more than $30 billion in unfunded liabilities. Roads, schools, pensions top Colorado legislative issues 2018-01-10T05:00:00Z And while lamenting the state’s large, unfunded pension system, Mr. Christie criticized many of his predecessors in office by name, saying, “They not only didn’t fix it, they made it worse each and every year.” Boastful and Unabashed, Christie Gives Final State of the State Address 2018-01-09T05:00:00Z |
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