I prefer to see us chip away
at the deficit by attacking the basket, getting easier shots, drawing fouls and making the defense work.
Not exact matches
In a new study based on mice, scientists
at Lancaster University found that a drug that goes after three diabetes - related targets «significantly reversed the memory
deficit» in mice who got the drug, as measured
by their performance in a maze test when compared to mice who didn't get the drug.
The Trump Administration counters that critique
by saying that these cuts will be
deficit neutral, with individuals enjoying economic growth stemming from these cuts and reinvesting that windfall into the economy, an argument that Mnuchin delivered
at a Wednesday press briefing announcing the plan.
During the 2015 campaign, the Liberals had pledged to keep annual
deficits at no more than $ 10 billion and to balance the books
by 2019.
By promising to increase marginal rates on the very wealthy — essentially by allowing some Bush tax cuts to expire — Obama offered a path that, while not perfect, at least heads in the direction of future deficit reductio
By promising to increase marginal rates on the very wealthy — essentially
by allowing some Bush tax cuts to expire — Obama offered a path that, while not perfect, at least heads in the direction of future deficit reductio
by allowing some Bush tax cuts to expire — Obama offered a path that, while not perfect,
at least heads in the direction of future
deficit reduction.
All in all, the Trump tax plan would wastefully increase
deficits by at least $ 3.5 billion over ten years — with half of all tax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analysis.
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.
During the 2015 campaign, the Liberals had vowed to keep annual
deficits at no more than $ 10 billion and to balance the books
by 2019.
The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet
by reducing planned
deficits in one year
at the expense of deeper spending in future years.
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.
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):
In itself, it seems fairly clear,
at least to me, that the current account surplus indicates that the RMB is undervalued on a fundamental basis, and that the balance of payments
deficit is caused primarily
by speculative outflows, or other kinds of outflows that are not sensitive to economic valuation issues.
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.
Conversely, Ontario, which has
by far the largest
deficit and debt, managed
at least to keep its fiscal shortfall below what it said it would be in its 2012 budget,
at nearly $ 12 billion rather than nearly $ 15 billion).
He looked
at this number and lamented the lack of a commitment
by the government to eliminate the
deficit.
Their fiscal policy has been driven solely
by the goal of eliminating the
deficit while
at the same time delivering pointless «boutique» tax breaks.
In my not -
at - all - humble opinion, we need many more articles like this one
by the WaPo's Jeff Stein on the so - called
deficit owls.
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.
At dispute is an alleged
deficit that amounts to less than two per cent of $ 630 billion (U.S.) in annual Canada-U.S. trade, and the final result can be made or broken
by a small shift in energy prices and currency values.
Reining In Rates O'Neil, one of the managers of the $ 26 billion Fidelity Total Bond Fund, said rising bond yields could be reined in
by at least three forces: Federal Reserve Chair Janet Yellen's commitment to a very gradual program of rate hikes, the traditional aversion to budget
deficits by the Republican - controlled Congress, and buying
by overseas investors who may use the recent jump in rates to snap up more Treasuries.
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.
The reconciliation instructions — the part of the budget that will most likely be acted on — increases
deficits by $ 1.5 trillion and abandons the House's attempt
at including $ 200 billion of mandatory savings.
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.
Well it's not too bad
at all if you're a banker because now these countries like Greece and Ireland are broke and now the bankers get to go to them and say, well, you have to finance your government spending not
by government running a
deficit — but sell us your real estate, sell us your mines.
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 percent).
In our view, the
deficit will be lower
by at least $ 7 billion in 2010 - 11 but this is due to lower program expenses not higher revenues.
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 s
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 s
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 savings.
The Fear Trade, of course, is driven
by low to negative real interest rates — when inflation erodes away
at government bond yields —
deficit spending, a weaker U.S. dollar and geopolitical uncertainty.
The government's elevated gross borrowing requirements estimated
at around 17 % of GDP per year between 2017 and 2019 are mainly driven
by sizeable maturing government bonds — in particular, local currency USD - indexed bonds — on top of fiscal
deficits averaging around 3.8 % of GDP.
Independent groups like the Committee for a Responsible Federal Budget anticipate the
deficit will hit $ 1 trillion
by next year, a record level
at a time when unemployment is so low.
If China decides to retaliate
by unloading significant quantities of U.S. sovereign debt, it could cause a significant spike in rates
at a time when the United States is running a high
deficit and rates are already inching up.
In both cases, Conservative parties were defeated
by parties promising moderate progressive platforms that included tax increases and significant increases to public infrastructure investment and explicit commitments to run
deficit budgets, for
at least the short - term period in the case of the NDP.
Sound financial policy requires that the Government fully fund any budget
deficit by issues of securities to the private sector
at market interest rates, and not borrow from the central bank.
The net income
deficit increased
by about one - third over the year to the September quarter 2004, to $ 7.2 billion, and is running
at its highest share of GDP since 1997.
The UK's trade
deficit expanded
by a further # 1.39 billion in August, widening to # 5.63 billion from # 4.24 billion
at the end of July, the highest since September 2016.
Since 2002, almost 250,000 manufacturing workers have lost their jobs because of the high dollar and our huge and growing trade
deficit with developing Asian countries. Many are older workers who will typically face a long stretch of unemployment, followed
by employment in a new job
at much lower wages.
By 2022 - 23, the
deficit is projected
at $ 12.5 billion.
The Prime Minister claims great success for his leadership
at the G - 20 in getting countries to commit to reducing their
deficits in half
by 2013.
One article said the Republicans mastered «post truth politics» when they realized their rhetoric doesn't have to bear any relation to their policy agenda so they talk about cutting the
deficit while
at the same time driving up the
deficit by slashing taxes on the rich and launching unfunded wars.
A recent report also forecasted that nearly 150 oil platforms in the North Sea are scheduled to be decommissioned
by 2026, as one in seven barrels there are produced
at a loss, and around half of the 22 companies in the area are currently operating with significant
deficits.
At the same time, it is not out of the question that we may be quietly allowing U.S. banks to go insolvent without disclosure, covering the losses over time out of wide interest spreads on existing loans, and that we may be able to avoid outward evidence of mortgage deterioration simply
by allowing the Treasury to go further and further into
deficit on behalf of the GSEs.
Their trade
deficits have been financed
by the global property bubble — borrowing in foreign currency against property that was free of debt
at the time of independence.
While growth in import volumes continued to outpace that of exports in the December quarter, the effect on the trade balance was again cushioned
by a rise in the terms of trade, leaving the trade
deficit broadly unchanged
at 3.2 per cent of GDP (Graph 36).
Congress could get around the rule, which prohibits increasing the
deficit beyond the budget window,
by having some of the tax cuts expire
at the end of the budget window.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's
deficit calculation (which I questioned
at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off»
by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances
at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
Last year's aggressive tax cuts are
at the heart of a worsening budget situation that will see
deficits surge in the years ahead, according to an op - ed
by former Fed Chair Janet Yellen and others.
The
deficit reduction plan in 2010 was the right thing
at the time, but the UK is now entering a «new phase», which will be judged
by «a different set of parameters», new Chancellor Philip Hammond tells the Today programme.
Honorable Mention: The Antlers — Hospice, Sufjan Stevens — The BQE, Taken
by Trees — East of Eden, Sleeping
at Last — Storyboards, Wale — Attention
Deficit, Jay - Z — The Blueprint 3, The Clientele — Bonfires on the Heath, The Decemberists — Hazards of Love, MuteMath — Armistice, We Were Promised Jetpacks — These Four Walls, Deastro — Moondagger, fun.
A government operating such a
deficit at a time when an increasing share of the nation's debt is held
by foreigners is effectively concealing from the public the real nature of future burdens.