Sentences with phrase «annual budget deficit»

But faced with a $ 12 million annual budget deficit, the trustees said they must reduce their financial aid to 50 percent scholarships.

Citing a $ 12 million annual budget deficit, the Cooper Union Board of Trustees announced in April it had decided to scale back the full scholarship it has traditionally awarded all admitted students.

The federal government's annual budget deficit is set to widen significantly in the next few years, and is expected to top $ 1 trillion in 2020 despite healthy economic growth, according to new projections from the nonpartisan Congressional Budget Office released yesterday.

Currently the UK has a $ 243B annual budget deficit that is slightly larger on a % of GDP basis than ours — making the UK & the US the worst in the G20 group from a budget deficit perspective.

The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass.

or just open the spigots and roll with higher annual budget deficits.

Bob Dougherty, a former Syracuse councilor, said city residents should keep an open mind about consolidation, because the city faces annual budget deficits of roughly $ 10 million to $ 20 million a year.

Facing annual budget deficits of $ 13 million to $ 23 million, the trustees voted in April 2013 to start charging tuition of about $ 20,000 a year.

Who cares about 8 % unemployment, the flatlined economy, abandoning Americans to die in Bengahzi, Joe Biden's buffonery, fast & furious, national debt, USA credit downgrade, trillion dollar annual budget deficits, deliberate sabotage of the coal industry, ACORN, failed foreign policy (Iran with nuclear weapons, bowing to China, stiffing U.K and Israel, etc) abysmal people judgement (Biden again, plus H. Clinton, T, Geithner; K. Sebelius; E. Holder, etc), stopping the pipeline for Canadian oil, blocking drilling in US land, secret «kill lists», ObamaCare, attacking religious liberty, you didn't build that, unseemly chest - pounding over bin Laden (GM is dying but bin Laden is coming back to life), 20 years of Jeremiah Wright, failure of crony capitalism deals with Solyndra - NextEra — Ener1 — Solar Trust etc., over 100 rounds of golf in 1st 3 yrs, choom, the Chevy Volt, insisting the Ft Hood massacre was «workplace violence», secret college transcripts, «clearly the Boston police acted stupidly», disregard of the Simpson - Bowles budget recommendations (after commissioning their work), and lots more irrelevant stuff.

Not exact matches

Moscovici made much of the fact that for the first time since the euro was born in 1999, no country in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single currency and which has been flouted by many countries.

The Congressional Budget Office projects the return of $ 1 trillion annual deficits following the December tax cuts and recent spending increases.

Tuesday's budget showed the Liberal government is still predicting billions of dollars in annual deficits over the next six years.

As reported in the Annual Financial Report for fiscal year 2011 - 12, the deficit for In 2011 - 12 was $ 1.4 billion higher than estimated in the March 2012 Budget.

In times of annual deficits, the debt ceiling is another powerful tool that Congress has to effect potential changes to the President's budget plan.

This was not an issue when the federal government was in deficit but became one once the budget was balanced and annual surpluses, larger than forecast, emerged.

Until the Federal government can pass a budget (they haven't in almost four years), remove the 7 - year long ZIRP which penalizes savers and rewards debtors, and find a way to eventually remove the excess QEs and > $ 1 trillion annual spending deficits, I will stay on the porch while the «big dogs» run.

These requirements do not force complete balance on an annual basis: they generally focus on budget projections rather than realizations, so deficits can still occur when economic conditions are unexpectedly weak.

With the federal budget coming soon, it is also worth recalling that the Liberals promised to run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budget.

Annual deficits under the President's budget would fall from $ 529 billion (2.9 percent of GDP) in 2016 to a low of $ 383 billion (1.9 percent of GDP) by 2018, before rising nearly continuously to $ 972 billion (3.5 percent of GDP) by 2026.

Permanent annual trillion - dollar deficits will now return next year and top $ 2 trillion by 2027 if both this budget deal and the tax law are made permanent, which is what Congress intends.

The national debt is the total amount owed by the government and should not be confused with the federal budget deficit, the annual amount by which federal spending exceeds revenue.

Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.

Now, in his first budget we are looking at a $ 1T annual deficit.

In his annual budget address on October 21, 2009, Daley projected a deficit for 2009 of more than $ 520 million.

[187] In his annual budget address on October 13, 2010, Daley projected a deficit for 2010 of $ 655 million, the largest in city history.

Senate Democratic leaders have delayed consideration of the annual budget resolution until Congressional leaders and the White House agree to deficit reduction package, which is expected to set discretionary spending levels for fiscal 2012 and possibly for future years.

The CBO just announced that our annual deficit will be 640 billion this year, which is almost half of what it was under Bush's last budget.

With the city's budget's in limbo, Albany Mayor Kathy Sheehan has launched a social media campaign to shore up a $ 12.5 million dollar deficit and find a permanent solution to end the annual funding crisis.

The infrastructure plan surfaced the same day as Trump unveiled the administration's annual budget request, which seeks to remedy the deficit embodied in the tax law enacted in December through a decade's worth of spending cuts amounting to $ 3.6 trillion.

The city was facing a major budget deficit because a contract with the Onondaga County Water Authority for the sale of a water tunnel connected to Lake Ontario, which had provided the city with an annual $ 1 million payment for 20 years, has expired.

In the UK, the budget deficit — the gap between what the government spends and what it gathers in taxes — ballooned to more than # 160bn in the 2009 - 10 financial year, which is more than 11 % of annual national output.

The budget agreement temporarily reconciles disparate political views on how to reduce an annual deficit that grew to $ 1.4 trillion in 2009 before dipping to $ 680 million in 2013.

I'll subtract the deficit from next quarter's budget to stay on track with my annual allotment.

As well as an annual budget, working to five - year projections can also help to prevent possible deficits and can ensure that potential funding cuts are carefully considered in the overarching financial strategy.

One of the ballot issues defeated was a request by school officials for authority to issue $ 160 million in bonds to cover the district's current - year deficit, which represents about 23 percent of its annual budget.

But now the private K - 12 school is looking at a $ 300,000 deficit in its $ 5 million annual budget, and its expansion plans are on hold — all because it got involved with a foundation that had promised to help the school but apparently ended up only taking its money.

Under Roberts, the Detroit Public Schools has generated an annual operating surplus for the 2011 fiscal year, its first surplus since 2002; accelerated the elimination of its $ 327 million legacy deficit; and adopted a balanced budget for fiscal 2012.

Along with the enrollment growth, the charter school's annual budget would grow from a projected $ 1.39 million to $ 1.89 million — while a projected budget deficit for the charter school also would grow, from around $ 30,000 after its first year to nearly $ 139,000 in the fifth year.

Additional taxes assessed to local communities as part of the annual school budget to cover program deficits.

Even earlier in his tenure, after deciding to thoroughly review the district's $ 338 million annual budget put together by his predecessor, Ferebee discovered that the budget improperly showed the district carrying a $ 30 million deficit when, in fact, there was a slight surplus.

CTU won pay raises totaling 17.6 percent (when annual steps are included), but those raises will come from a district that was staring at a $ 1 billion budget deficit.

On the $ 500 million structural deficit created by the budget Walker signed Sunday, he said, it's «realistic» that Wisconsin will experience annual growth of about 3.1 percent, which is the average over the past decade.

To help fund the plan, the budget projected five straight annual deficits totalling more than $ 110 billion, starting with shortfalls of $ 29.4 billion in 2016 - 17 and $ 29 billion in 2017 - 18.

Little minor details like inputting budget and cash flow incomes and expenses, accounting for annual surpluses and deficits and replacement costs, performing an actual investment risk tolerance test instead of having a BD Rep randomly move a meaningless slider, and an endless of critical Real World variables that MGP just completely ignores.

Pension fund returns fell below the interest rate on New Jersey's bonds, and the state, faced with budget deficits, stopped making the annual contributions required to keep pace with rising costs.

In a statement, the board cited a current $ 12 million annual deficit, and health care costs projected to grow at 7.5 percent a year, as reasons why cost - cutting alone would solve their budget problems.

«Despite having achieved $ 4 million in cost reductions, the weight of a long - standing structural deficit, intensified by the recession, has left the institution with a $ 12 million annual deficit — or 20 % of its cash budget.»

Neither can the projected $ 12 million annual deficit be closed through budget - cutting.

Joshua If you are writing about the US or the EU, then given the budget situation, any addition revenue raised would not be available to do much but other than lower the annual deficit.