Sentences with phrase «agreement on a deficit reduction»
Washington (CNN)-- Republican Sen. Tom Coburn, R - Oklahoma, is pulling out of so - called «Gang of Six» bipartisan negotiations for now — dealing a potentially fatal blow to the group that has been working intensely for some five months to find agreement on a deficit reduction plan.
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about U.S. Transportation Secretary Ray LaHood Statement on the Failure of the Joint Select Committee to Reach Agreement on Deficit Reduction
U.S. Transportation Secretary Ray LaHood Statement on the Failure of the Joint Select Committee to Reach Agreement on Deficit Reduction
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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.
«This new coalition is founded», Osborne said, «on an agreement to significantly accelerate the reduction in the deficit».
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.
The agreement says: «The parties agree that deficit reduction and continuing to ensure economic recovery is the most urgent issue facing Britain... The parties agree that modest cuts of # 6bn to non-frontline services can be made within the financial year 2010 - 11, subject to advice from the Treasury and Bank of England on their feasibility and advisability.»
(CNN)- Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.
Finding ways to cut energy use has become more critical now that many federal institutions are facing budget cuts in the wake of the Congressional Joint Select Committee on Deficit Reduction's failure to reach a cost - cutting agreement.