Sentences with phrase «d on deficit reduction»

The gap between Balls and Mili - D on deficit reduction has been exaggerated.

Not exact matches

But upping the ante on Keystone and trying to present a united Democratic front opposed to a compact Republican front wouldn't fit very well with President Obama's current effort to strike a more conciliatory tone and promote across - the - aisle cooperation on tax reforms and deficit reduction.
None of them have succeeded so far, but the issue is likely to come up again as the focus of Congressional negotiations on deficit reduction shifts to tax reform.
Ontario has taken an opposing approach: projecting high debt financing costs, creating room for the province to under - promise and over-deliver on deficit reduction.
Such reductions in the deficit would have effects on the economy that would further decrease deficits by modest amounts.
Including just the effects of economic feedback from deficit reduction would reduce the cumulative deficit over the next 10 years by roughly $ 160 billion — or about 0.1 percent of GDP, on average — compared with CBO and JCT's conventional estimate of the President's proposals.
Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.
The Senate budget resolution calls for significant deficit reduction that would put debt as a share of GDP on a downward path, but the most likely part of the budget to be acted on would widen deficits even further.
According to (pretty outdated) CBO data on this question, that is in fact what happened, but as I and others (particularly Krugman) has endlessly stressed, our policy makers recently pivoted way too quickly to deficit reduction and that too has made it much harder to repair the damage from the housing bubble.
Congress has made substantial progress on deficit reduction, but they have done it in the worst possible way, which is to say, it's been very chaotic and damaging to confidence.
Erskine Bowles, co-chair of the Simpson - Bowles Deficit Reduction Commission has calculated that service on the interest for that debt alone, if rates stay near record lows, will be $ 1 trillion by 2020!
Common and Poor's has named the Government's deficit reduction targets into query, and suggested that Chancellor George Osborne will need to have to increase taxes in buy to continue to be on track Photograph: EPA The Authorities will have to raise taxes if it is to strike its deficit...
The Joint Select Committee on Deficit Reduction has until November 23 to identify $ 1.2 trillion in funds to reduce our nation's dDeficit Reduction has until November 23 to identify $ 1.2 trillion in funds to reduce our nation's deficitdeficit.
Where this government's failure on growth and jobs has led to their failure on the deficit, the next Labour government will rise to the challenge: action to strengthen the recovery and our economy for the long - term; alongside a tough deficit reduction plan.
It is happening because the Chancellor's economic policies have failed catastrophically — on living standards, economic growth and on deficit reduction too.
To cut VAT as the centre piece of a new approach to deficit reduction would send the message that the UK has a lack of confidence in its own growth prospects and that a capacity to flip - flop on economic policy exists.
The deficit reduction programme takes precedence over any of the other measures in this agreement, and the speed of implementation of any measures that have a cost to the public finances will depend on decisions to be made in the Comprehensive Spending Review.
It was there in the build - up to Iraq, or when then - home secretary Alan Johnson sacked the chair of the Advisory Council on the Misuse of Drugs, or when George Osborne pursued a deficit reduction strategy identical to the one he'd branded dangerous when it was proposed by Alistair Darling.
If the Liberal Democrats played games on the deficit - reduction programme, it would undermine their hopes of showing that «coalition works» and getting some credit for the economic medicine if it succeeds.
[100] Miliband subsequently unveiled five pledges at a rally in Birmingham which would form the focus of a future Labour government, specifically identifying policies on deficit reduction, living standards, the NHS, immigration controls and tuition fees.
If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.
The Business Council strongly opposes provisions in the 2009 - 10 Executive Budget that would impose almost $ 770 million in new or increased assessments and surcharges on health care and health insurance, including $ 590 million within the Deficit Reduction Plan.
This is on top of the $ 2.4 trillion in deficit reduction that has already been implemented by cuts enacted since 2011, including the fiscal cliff deal at the end of last year.
But he made clear support for the changes would come at the price of increased union influence on Labour policy - to the extent that the party abandons its support of the bulk of the coalition's deficit reduction measures.
Indeed, can you say, hand on heart, that you would support the basic deficit reduction strategy - its pace and / or its split as between spending cuts and extra taxes?
The union barons claim that the reforms will wreck the lives of their hard - working and low - earning members, but these claims do not stand up to even the slightest scrutiny - more on this later, and they have very effectively sought to link this issue with the issue of deficit reduction.
Washington (CNN)- After cameras left the photo - op of President Barack Obama and congressional leaders at the White House on Friday, the actual meeting got under way with the president explaining how he would like to resolve the fiscal cliff and tackle deficit reduction.
«You should be very proud of what this government has done on deficit reduction, corporate competitiveness, education reforms and devolution of power.
After months of indicating he wouldn't run for president, Pataki now says his decision depends on whether the other GOP contenders propose a major deficit reduction plan.
While he said that the economy was «on the mend», Chancellor George Osborne reaffirmed there would be no deviation from his deficit reduction strategy.
The automatic cuts that would go in effect should Congress fail to agree on a second round of deficit reduction exempt Medicaid.
But the rhetorical approach adopted by Mr Osborne last year has helped facilitate cooperation between the Tories and the Liberal Democrats, who rely on the «progressive» tag to sell the deficit reduction agenda to their supporters.
But the reality is, even with growth back on track, Labour's approach to deficit reduction would involve tough decisions on spending cuts and tax rises.
Time and again President Obama has failed to a step up and engage in a constructive dialogue on real spending and deficit reductions.
We have therefore agreed that there will need to be: - a significantly accelerated reduction in the structural deficit over the course of a Parliament, with the main burden of deficit reduction borne by reduced spending rather than increased taxes; - arrangements that will protect those on low incomes from the effect of public sector pay constraint and other spending constraints; and - protection of jobs by stopping Labour's proposed jobs tax.
«I think they have to stop using the ordinary man and woman on the street as part of their deficit reduction measures,» she said.
Deputy prime minister Nick Clegg refused to acknowledge that the riots meant the government had to change course on its deficit reduction agenda, however.
Rumours that Ed Miliband was preparing to adopt a 1:1 ratio of tax rises to spending cuts, as he tries to formulate a distinct narrative on deficit reduction, appear to have been proven unfounded by today's speech.
Osborne had always thought that the divisions in the Labour party, in which Blairites felt that Balls was failing to place enough emphasis on deficit reduction, was a great strength for the coalition.
However, critics have asked how the persistent freezes in fuel duty fit with the government's deficit reduction priority — a question most famously posed by Jeremy Paxman to Treasury minister Chloe Smith on Newsnight after the duty U-turn in August.
But Robert Hutton of Bloomberg has done so - namely, Blair's support for Cameron and the Coalition on deficit reduction.
I think the decision to accelerate deficit reduction, compared to the plans they inherited — which was clearly not what Vince Cable wanted — I think that was a mistake... I can disagree with Nick Clegg on some of the things he did but I've no reason to doubt his integrity.»
George Osborne's plans amount to a significant attack on some of the most vulnerable people in Britain, and follow the rejection of a range of measures that would help the Coalition to deliver the deficit reduction to which it is committed without falling on the shoulders of the most vulnerable.
The original 2010 plan was based very heavily on growth — more than 60 % of the deficit reduction forecast by this point was supposed to have come from growth.
75 % of that agreement was unexceptionable to most Liberal Democrats and would have passed through Conference, but the most important parts including the acceleration of action on deficit reduction would not have, nor would the wording in agreement relating to the receipt of the Brown Report.
And if forecasts for growth and revenue prove as erringly optimistic as they have been of late, deficit - reduction will, as Margaret Thatcher once aspired to, «go on and on»» — Financial Times
In the published extracts, Laws refers to a «policy paper» that Labour's negotiating team brought to the talks that «seemed to indicate tougher action on the deficit reduction than the party had previously planned».
Labour had brought with them a new policy paper that seemed to indicate tougher action on deficit reduction than the party had previously planned.
Tories will have approved of Nick Clegg's tough line on the deficit reduction plan — he even praised the coalition schools policy that his conference rejected this morning, even if he was riding to the rescue a little after the event.
The growth in spending on welfare over recent years - partly a result of the economy's disappointing performance - has made it harder for the coalition to achieve its deficit reduction aims.
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