Sentences with phrase «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.

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.

He told Andrew Marr the coalition had added an extra # 40bn in cuts to the # 70bn proposed by Labour to halve Britain's record # 156bn annual budget deficit over four years.

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.

Given our fairly favorable environment (increasing tax revenues, fewer unemployed), the annual budget deficit has gone down all the way to half a trillion dollars, but increasing costs of old - age entitlements will push the budget deficit back up to nearly a trillion dollars within the decade.

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.

SPECTRUM NEWS VIDEO: Albany Mayor Kathy Sheehan explains the city's annual budget deficit and how the $ 12.5 million funding from the state should be made permanent.

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.