Every twenty years – the federal floors in health and education with the mere guarantee of monetary correction under the Union's primary expenditure ceiling regime the agenda now put forward by the Ministry of Finance would be to a broad and definitive reformulation of articles and of the Constitution for the three levels of the federation. Expecting something of this magnitude and complexity to be approved in a rush in the middle of an election year is a daring agenda to say the least to be parsimonious in the use of adjectives.
The Ministry of Finance's strategy would apparently be to bargain for the approval of such amendments based on the severe embarrassment Industry Email List caused by the high level of contingencies estimated at up to R. billion necessary to meet the target of zero primary deficit set out in the LDO .
It is worth reiterating however that the search for such a rapid and intense adjustment is abrupt and inadequate because the aforementioned target of zero primary deficit underestimates three major factual limitations that are relatively difficult to overcome in just twelve months:
mandatory expenses are not susceptible to contingency article of the Fiscal Responsibility Law and they occupy the space of around of the primary expenses authorized in the General Budget of the Union ;
the room for maneuver for the adjustment would reside only in discretionary expenses around R billion but even here there is an essential minimum level of functioning of the state machine nominally set at by Complementary Law which provides for the sustainable tax regime required by Amendment . This is article according to which: “ the minimum level of discretionary expenses necessary for the regular functioning of public administration is seventy-five percent of the amount authorized in the respective annual budget law ”. Last but not least
the revenues estimated in the budget law may not be realized and mandatory expenses must be financed if necessary through public debt with their postponement or default being prohibited.
New York’s Taxi and Limousine Commission said Friday that it will allow some taxi owners to buy hybrids but only if the vehicles’ interiors measure at least cubic feet – the same as the city’s preferred taxi the conventionally fueled Nissan NV. Two years ago New York awarded Nissan a -year contract to supply nearly all of the city’s cabs. But the Greater New York Taxi Association is suing saying the commission is required by law to allow hybrid cars as an option the New York Times reports.
The Federal Energy Regulatory Commission FERC has issued a supplemental draft environmental impact statement on the Downeast LNG Project a liquefied natural gas import terminal natural gas pipeline and associated facilities in Washington County Maine. Based on new information from Downeast the Coast Guard and the departments of transportation and energy FERC staff revised a reliability and safety analysis from their May draft EIS. Comments are due by May .