Sentences with phrase «at a deficit for»

In a financial overview to members last May, the union treasurer, Arlene Inouye, wrote that the union has been operating at a deficit for seven of the last 10 years, partly due to a drop in membership of 10,000 members since 2007.

Not exact matches

Thinking that we can eat what we want as long as we exercise daily, or eat on a deficit and over-train to reap results just don't work... not for long at least.

Lighthizer, who lacks his boss's need for public attention, appeared at a Washington - based think tank on Sept. 18 to explain at length why the administration is so obsessed with narrowing the trade deficit.

With the federal deficit for 2010 sitting at $ 53.8 billion and most provinces also facing shortfalls, Manley says tax hikes may be the only way to stem the bleeding.

In January and February, the U.S. trade deficit with those three large economic systems, accounting for about 40 percent of world's demand and output, was running at an annual rate of $ 612.3 billion, a 3 percent increase from the same period of 2017.

It is difficult, for example, to say with certainty what percentage of the current U.S. trade deficit -; which stood at a record $ 65,677 million at the end of 2005 -; is directly attributable to NAFTA.

These moves are seen as a clear jab at China, which accounts for the vast majority of the deficit (some $ 347 billion in 2016.)

Thirteen months later, with Canadians staring at a $ 56 - billion crater in the government's finances, the minister got testy with reporters who were asking for his response to a report from the Parliamentary Budget Office that predicted a federal deficit of nearly $ 20 billion in 2013 - 14.

Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.

Hudak has not received enough credit for deciding to cut corporate taxes instead of cutting a more reviled tax such as the HST (though the logic of cutting taxes at all when the deficit is so high is questionable).

The report by McMaster University economics professor William Scarth argues that keeping the deficit at 0.5 per cent of GDP for the next three years could lower the unemployment rate by 0.4 per cent, or create the equivalent of 75,000 additional jobs.

Provincial governments, strapped for cash and facing ballooning deficits, have been hacking away at the prices they pay for generic drugs.

CBO and JCT estimate that, over the 2017 - 2026 period, enacting this legislation would reduce direct spending by $ 1,022 billion and reduce revenues by $ 701 billion, for a net reduction of $ 321 billion in the deficit over that period (see Table 1, at the end of this document):

As argued in an earlier piece (Deficit Outcome for 2010 - 11 will be $ 7 billion lower than forecast in October 2010 Update — December 2010: www.3dpolicy.ca), we expect that the deficit in 2010 - 11 will be at least $ 7 billion lower than forecast in the October 2010 Update, based on the financial results to the end of October 2010 and an analysis of the impact of one - time accrual liabilities which inflated the 2009 - 10 deficit oDeficit Outcome for 2010 - 11 will be $ 7 billion lower than forecast in October 2010 Update — December 2010: www.3dpolicy.ca), we expect that the deficit in 2010 - 11 will be at least $ 7 billion lower than forecast in the October 2010 Update, based on the financial results to the end of October 2010 and an analysis of the impact of one - time accrual liabilities which inflated the 2009 - 10 deficit odeficit in 2010 - 11 will be at least $ 7 billion lower than forecast in the October 2010 Update, based on the financial results to the end of October 2010 and an analysis of the impact of one - time accrual liabilities which inflated the 2009 - 10 deficit odeficit outcome.

However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.

«It's the double whammy of growth and inflation and the deficits to pay for it,» said David Ader, the chief macro strategist at Informa Financial Intelligence.

Monetizing deficits has never been more attractive for the United States, which today benefits from its foreign lenders» willingness to be repaid in US funds, putting them at the mercy of the US dollar exchange rate.

«It's a pretty solid report with a big burst in consumption at the end of the year, a big narrowing in the trade deficit and some weakness in housing,» said Julia Coronado, chief economist for North America at BNP Paribas.

Professor Scarthe also recommends that, once the deficit is eliminated in 2015 - 16, any future government should gradually start creating a deficit by, for example, spending on infrastructure and this could be done while at the same time maintaining a stable debt to GDP ratio of around 25 per cent over the medium to longer term.

Top administration officials are visiting Beijing this week for talks aimed at reducing America's huge trade deficit in goods with China, which fell 11.6 percent in March to $ 25.9 billion.

Flaherty and Harper even exported their focus on restraint, successfully pushing at the G20's Toronto summit last year for a declaration that industrialized countries would slash their deficits in half within three years.

Trade surpluses can have many causes, too often just the low share of GDP that ordinary households are allowed to keep, but trade surpluses or deficits that persist for many years are always the result of significant distortions at home or abroad.

On balance, we expect the deficit for 2011 - 12 to be at least $ 3 billion lower than forecast in the November 2011 Update.

The deficit is at $ 23 billion, down from $ 25.1 billion in the last fiscal update, and is projected to reach $ 28.5 billion for 2017 - 18 — including a $ 3 billion contingency fund — before declining to $ 18.8 billion in 2021 - 22.

Marc Lee, economist at the Canadian Centre for Policy Alternatives, a progressive Vancouver think tank, says that government action on the reforms suggested by labour will be hampered by ideological objections to running deficits in bad times.

His view, as articulated both on Twitter and at Tuesday's press conference with Swedish Prime Minister Stefan Löfven, is that trade wars are good for the United States — in fact, «good, and easy to win» — because we currently run a trade deficit.

Under Bill C - 59, if the Minister of Finance tables a budget that projects a deficit or if a deficit is reported at the end of the fiscal year, the Minister must appear before the House of Commons Finance Committee within the first 30 days of the House of Commons sitting to explain the reasons for the deficit and present a plan for a return to balanced budgets.

The Triffin Dilemma, as this problem is known, points out that if foreign growth is high enough relative to US growth that the need for US dollar reserves grows faster than the US economy, the resulting US current account deficit will require that the US sell assets fast enough, or that US obligations to foreigners grow fast enough, eventually to put the US economy at risk.

For the period April 2011 to March 2012, the deficit was estimated at $ 23.5 billion, $ 10.9 billion lower than that report in the same period in 2010 - 11.

This would imply a final deficit of around $ 21 billion for 2011 - 12, provided there are no unexpected bookings for liabilities at year - end.

The March 2013 Budget forecast the deficit for 2012 - 13 at $ 25.9 billion.

In order to fulfill the campaign promise of using growth to reduce the deficit, any tax reform plan should be at least revenue neutral before accounting for economic growth, so all the gains from growth can be devoted to deficit reduction.

This policy action eliminated a $ 13 billion surplus left by the previous government, created a structural deficit at the federal level, and an unsustainable long - term fiscal situation for the federal government.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

Bloomberg News provides an interesting look at Greece's pension system, seen as a major problem for its government as it scrambles to slash its deficit.

If you are right about secular stagnation, the nations of the world need their governments to run bigger deficits, at least for now and maybe indefinitely.

Given the current deficit in the EI Account and the new proposed annual change limit, the only option the CEIFB has is to recommend annual changes of 10 cents for at least the next five years if not longer.

For 2010 - 11, we expect the deficit to be at around $ 35 billion, based on our reading of the monthly result (See «Deficit Expected to be at Least $ 5 Billion Better than Forecast in 2011 Budget: May 2011: www.3dpolideficit to be at around $ 35 billion, based on our reading of the monthly result (See «Deficit Expected to be at Least $ 5 Billion Better than Forecast in 2011 Budget: May 2011: www.3dpoliDeficit Expected to be at Least $ 5 Billion Better than Forecast in 2011 Budget: May 2011: www.3dpolicy.ca).

As indicated in previous reports, we, along with others, believe that the deficit outcome for 2010 - 11 will be at least $ 7 billion lower than estimated in the October 2010 Update.

Last month, we indicated that the deficit for 2011 - 12 could be at least $ 2 billion lower than forecast in Budget 2012.

I also noticed that politics were starting to move left, deficits were getting larger, and the Fed had committed a policy error post-tech bubble in leaving rates at 1 % for so long.

For example, if Congress extends tax provisions that expired at the end of last year or will expire in the future and enacts an unpaid - for repeal of the automatic spending reductions known as the sequester, ten - year deficits would increase by $ 1.7 trillion (from $ 10.1 trillion to $ 11.8 trillion) and result in debt in 2027 reaching 97 percent of GDP (instead of 91 percenFor example, if Congress extends tax provisions that expired at the end of last year or will expire in the future and enacts an unpaid - for repeal of the automatic spending reductions known as the sequester, ten - year deficits would increase by $ 1.7 trillion (from $ 10.1 trillion to $ 11.8 trillion) and result in debt in 2027 reaching 97 percent of GDP (instead of 91 percenfor repeal of the automatic spending reductions known as the sequester, ten - year deficits would increase by $ 1.7 trillion (from $ 10.1 trillion to $ 11.8 trillion) and result in debt in 2027 reaching 97 percent of GDP (instead of 91 percent).

For the first seven months of 2010 - 11, the deficit was estimated at $ 21.5 billion, down $ 10.4 billion from that estimated in the same period in 2009 - 100

In our opinion, the accompanying Consolidated Balance Sheets and the related Consolidated Statements of Operations, Comprehensive Income (Loss), Redeemable Convertible Preferred Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of America.

In a recent much - remarked - upon and very short op - ed, George P. Shultz and Martin Feldstein argue that the only way, or at least the best way, to cut the U.S. trade deficit is for Washington to cut the U.S. fiscal deficit.

And although Flaherty has hinted at the possibility of spending cuts to offset lower - than - expected revenues, it's far from clear that these measures are necessary: the deficit looks like it will come in below target for 2012 - 13.

Based on the financial results to date, the final deficit outcome for 2011 - 12 could be at least $ 2 billion lower than forecast in Budget 2012.

Certainly, the monthly financial results, as reported in the Fiscal Monitor, do not suggest any significant improvement, if any improvement at all, in the deficit outlook for 2013 - 14, that might lead to a lower deficit in 2014 - 15 and a larger surplus in 2015 - 16.

The Trump administration, for example, wants not just to force a contraction in the trade deficit but has also proposed policies aimed at increasing U.S. investment, partly by making investment more profitable (cutting corporate taxes and rebuilding American infrastructure) and partly by increasing savings (cutting taxes on the very wealthy).

The legislation enforces limits on discretionary spending until 2021, establishes a procedure to increase the debt limit, creates a Congressional Joint Select Committee on Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such sDeficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such sdeficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such savings.