Balanced budget

Park Aerospace Corp. Announces Election of Chris Goldner as Vice President-Finance and the Planned Retirement of Matt Farabaugh as the Company’s Long Time CFO

Retrieved on: 
Thursday, April 25, 2024

Park also announced that P. Matthew Farabaugh (“Matt”), the Company’s long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024.

Key Points: 
  • Park also announced that P. Matthew Farabaugh (“Matt”), the Company’s long time Senior Vice President and Chief Financial Officer, plans to retire from the Company at the end of May 2024.
  • Matt joined the Company in October of 2007 and has served as the Company’s CFO since April 2012.
  • Chris started with Park on March 4, 2024 and has been working with Matt and Park’s accounting staff for the last two months to facilitate the transition.
  • Upon Matt’s retirement, Chris will report to Brian Shore, the Company’s Chairman and CEO, and Chris will serve as the Company’s principal financial officer.

Biden Fiscal Year 2023 Budget Proposal Fails Concord Coalition's Criteria

Retrieved on: 
Friday, April 1, 2022

WASHINGTON, April 1, 2022 /PRNewswire/ -- On March 28, President Biden released his budget proposal for the upcoming 2023 fiscal year.

Key Points: 
  • WASHINGTON, April 1, 2022 /PRNewswire/ -- On March 28, President Biden released his budget proposal for the upcoming 2023 fiscal year.
  • Overall, President Biden's 2023 budget fails to meet many of Concord's criteria for a fiscally responsible blueprint.
  • As a result, the Biden budget unrealistically assumes inflation will quickly fade and interest rates will remain implausibly low.
  • The Biden budgetmakes two very important assumptions about future spending and revenues that test the credibility of its topline budget totals.

Concord Coalition Releases Criteria for Upcoming Biden Administration Fiscal Year 2023 Budget

Retrieved on: 
Friday, March 25, 2022

When the Biden budget arrives, The Concord Coalition will be looking for the following telltale signs of a credible, responsible plan:

Key Points: 
  • When the Biden budget arrives, The Concord Coalition will be looking for the following telltale signs of a credible, responsible plan:
    Annual budget deficits get smaller each year.
  • This "pandemic dividend" will be short-lived, however, as the structural imbalance that pre-dated COVID returns and large, sustained annual budget deficits re-emerge.
  • Concord hopes to see a deficit path in the Biden budget that trends steadily and smoothly downward such that the projected deficit in each year is smaller than the year before.
  • What assumptions does the Biden budget make about defense spending and foreign aid?The 2022 Biden budget infamously low-balled defense spending, knowing the Administration would have to negotiate with Republicans on the final number.

XL Fleet Announces Financial Leadership Transition and Timing of Fourth Quarter and Full-Year 2021 Earnings Release and Conference Call

Retrieved on: 
Wednesday, February 2, 2022

Mr. Goldner has over twenty years of financial leadership experience with responsibilities including SEC reporting, accounting policies and procedures, and internal controls.

Key Points: 
  • Mr. Goldner has over twenty years of financial leadership experience with responsibilities including SEC reporting, accounting policies and procedures, and internal controls.
  • He has served as XL Fleets Corporate Controller since August 2021, with responsibility for leading the Companys accounting and reporting functions.
  • Prior to joining XL Fleet, Mr. Goldner served as Vice President, Fiscal Responsibility, Vice President, Assistant Corporate Controller and other accounting and financial leadership roles for Hasbro, Inc. (NYSE:HAS).
  • XL Fleet will report its fourth quarter and full-year 2021 results on Tuesday, March 1, 2022, followed by a conference call hosted by XL Fleet management at 5:00 p.m. Eastern Time.

COVID-19 Racial Healthcare Disparities for Medicare's Elderly and Disabled Poor People Worsened by Government Policy, New NACDEP Report Finds

Retrieved on: 
Wednesday, November 10, 2021

Dually eligible people "the elderly and disabled poor" are the oldest, poorest, sickest, and most disabled people in the nation.They are disproportionately elderly people of color and mentally and physically disabled people.

Key Points: 
  • Dually eligible people "the elderly and disabled poor" are the oldest, poorest, sickest, and most disabled people in the nation.They are disproportionately elderly people of color and mentally and physically disabled people.
  • NACDEP states that decreasing insurance reimbursement for dually eligible patients decreases their access to health careand increases racial healthcare disparities exposed by COVID-19.
  • This healthcare discrimination violates the Civil Rights Act of 1964 and the Americans with Disabilities Act.
  • Sheldon M Hersh, MD, NACDEP President, practiced medicine for 40 years in poor, racially segregated neighborhoods in New Orleans, where he documented discrimination against low-income dually eligible Medicare-Medicaid patients.

Fraser Institute News Release: Government spending reductions and balanced budgets will help increase productivity growth, pave way for four-day work week

Retrieved on: 
Thursday, October 22, 2020

According to Mintz, the balanced budget rule should be legislated and possibly include annual federal deficit targets leading to budget balance.

Key Points: 
  • According to Mintz, the balanced budget rule should be legislated and possibly include annual federal deficit targets leading to budget balance.
  • And if the government fails to achieve its fiscal targets, politicians should be penalized with salary reductions.
  • A separate essay finds that governments in Canada substantially exceed the optimal size of government to maximize economic growth and increase the possibility of a four-day work week.
  • However, since the 1970s the total size of government in Canada has ranged from 35 per cent to 53 per cent.

Fraser Institute Media Advisory: New book celebrating the 25th anniversary of the Chrétien government’s 1995 budget coming Thursday, Feb. 27

Retrieved on: 
Wednesday, February 26, 2020

VANCOUVER, British Columbia, Feb. 26, 2020 (GLOBE NEWSWIRE) -- On Thursday, Feb. 27, the Fraser Institute will release a new book of essays on Jean Chretiens 1995 federal budget.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 26, 2020 (GLOBE NEWSWIRE) -- On Thursday, Feb. 27, the Fraser Institute will release a new book of essays on Jean Chretiens 1995 federal budget.
  • The Budget that Changed Canada: Essays on the 25th Anniversary of the 1995 Budget spotlights different successes of the budget, including how it led to balanced budgets, reduced debt and eventually much-needed tax relief.
  • The essays, written by economists such as Jack Mintz and Don Drummond, among others, also highlight how the 1995 budget set Canada on a course of more than 10 years of economic prosperity.
  • A news release with additional information will be issued via GlobeNewswire on Feb. 27 at 5:00 a.m. (Eastern).