Sentences with phrase «us national debt»

Attendees sit beneath a rendition of the U.S. national debt clock at an event for John Kasich, governor of Ohio and 2016 Republican presidential candidate, in Madison, Wis., on Monday, March 28, 2016.
You may have missed it, but on Thursday a nonpartisan arm of Congress released a rather alarming report on the national debt crisis.
Bush has said he'd streamline the national debt by cutting entitlements including Medicare and Social Security.
«As to help relieve the national debt, this expense yields no positive results for the nation and should be cut from being funded.»
Even though our activities are likely to result in a lower national debt over the long term, I sometimes hear the complaint that the Federal Reserve is enabling bad fiscal policy by keeping interest rates very low and thereby making it cheaper for the federal government to borrow.
In the video, Romney also criticized the level of national debt and the lack of civility in Washington.
The national debt is about $ 13 trillion, so adding 10 % to it with a «helicopter drop» is not going to change the long - term debt problem much.
What I look at right now is our growing national debt, what the impact of that's going to be to future budgets.
The pro-independence Scottish government says Scotland would be entitled to 90 per cent of Britain's oil wealth — based on divvying up the two countries» waters — but only liable for about 8 per cent of its 1.3 trillion pound ($ 2.1 trillion) national debt, based on its share of the U.K. population.
Three would have been enough and the five would have been enough to pay off the national debt of Ireland.»
Then there's the national budget deficit, which adds to our national debt and will have to be handled at some point in the future.
On top of their collective list is: fiscal policy, tax policy, health care, the national debt, and national security.
Because Congress has refused to either raise taxes or cut other spending to pay for the war, the necessary borrowing has substantially raised the budget deficit and increased the national debt.
Since then, the Canadian Taxpayers» Federation noted Wednesday, the government has borrowed $ 161 billion to bring the national debt to $ 618 billion.
Paying down the national debt has consistently been a top priority for the respondents, and this round is no different.
Repayment of Canada's national debt was the area where most CEOs wanted to see money channelled, with 44 % saying the government needs to contribute more.
The University of Pennsylvania's Wharton School model found that the current iteration of the Senate's tax bill, called the Tax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year window.
By running the risk of higher deficits, the Trump plan could damage the credibility of Republican lawmakers who spent years railing against the rising national debt under former President Barack Obama.
This is his opportunity to remind voters — in a tone of disappointment and regret, not anger and malice — that Mr. Obama's negative attacks will not put anyone back to work, reduce our growing national debt, or get America moving in the right direction.
«The sale of some state - owned enterprises should help lower Vietnam's rising national debt [and] also attract significant foreign direct investment,» Chetan Sehgal, director of global emerging markets and small cap strategies at Templeton Emerging Markets Group, said in an email.
Another problem is that the Republican tax plan would significantly grow the national debt.
The cuts (plus the lack of commensurate budget reductions) would add $ 6 trillion more to the national debt relative to baseline projections.
Second, our national debt is a long - term problem, not an immediate crisis.
Walden took interest in proposing legislation to ban the option because he thought the idea of minting a platinum coin to work around the debt ceiling was a particularly absurd idea that exemplified «the problem of people in Washington not understanding the reality» of the national debt.
Not only are Johnson and Weld social liberals and fiscal conservatives, they espouse views traditionally associated with moderate Republican candidates on the economy, such as favoring international trade agreements and reducing the national debt.
Flat tax proposals typically favor the wealthiest taxpayers by dramatically reducing their tax bills, but they also add to the national debt.
The House bill is projected to add $ 1.5 trillion over 10 years to the $ 20 trillion national debt.
Yet the national debt grew by 6 %.
Are you concerned immigration reform could add to the country's national debt?
Another early obstacle is the projected fiscal impact of the plan, which would slash U.S. revenues and expand the federal deficit and the national debt, which now exceeds $ 20 trillion.
Longer term, it would mean missing the stated 2021 target of reducing the national debt - to - GDP to 25 per cent by only a single percentage point.
The U.S. national debt now exceeds $ 20 trillion.
Yet over the past ten years, the national debt has grown from $ 9.4 trillion to over $ 21 trillion - a growth rate of 123 %!
OPEN Forum looks at the national debt ceiling crisis through the lens of small business.
Congress» Joint Committee on Taxation (JCT) said the House bill would add nearly $ 1.5 trillion to the national debt from 2018 through 2027.
For example, in the span of a SINGLE DAY, from Thursday to Friday, the national debt grew by $ 73 BILLION.
On Friday afternoon, the national debt of the United States hit another major milestone, soaring past $ 21 trillion for the first time ever.
«It [stock market gains] reflects a stronger underlying economy that will eventually help reduce the national debt through higher tax revenues but there is just no connection.»
President Donald Trump argued Tuesday that gains in the stock market under his watch have helped reduce the national debt, a claim that economists said was head - scratching.
«A rise in the stock market does absolutely nothing to reduce the national debt directly,» Kenneth Rogoff, a Harvard economics professor and former chief economist at the International Monetary Fund, told Fortune.
First, the national debt is the non-government's asset.
If our economy doesn't grow, we don't have a prayer of digging our country out of this hole we call the national debt.
The Congressional Budget Office recently projected that, even with the economy growing, the national debt is expected to climb over the next ten years from $ 21 trillion to $ 33 trillion.
We never should have been borrowing this money and running up such large national debts.
Investors should monitor current events, as well as the ratio of national debt to gross domestic product, Treasury yields, credit ratings, and the weaknesses of the dollar for signs that default risk may be rising.
If we don't start educating policy - makers and the public about the possibility of providing fiscal stimulus without increasing national debts, we may get even less fiscal stimulus than we got the last time.
Just keeping the lights on, i.e. simply paying interest on the national debt, plus all the mandatory entitlement programs, burns through almost 100 % of their tax revenue.
The debt hit $ 18.5 trillion in November of last year... meaning that they added $ 1 trillion to the national debt in just 10 months.
Zero number of people running for office in 2010, 2012, and 2014 campaigned on raising the national debt to supply more fiscal stimulus.
We cognicenti know that national debts are not of any great economic consequence, but it's impossible to defend that position in public debate.
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