Sentences with phrase «ballooning national deficit»

Not exact matches

According to Congressional Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.

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.

I find it hard to reconcile talking points of the current Republican leadership on the irresponsible burden placed on future generations by the ballooning national debt and deficit with derisive attacks on efforts to move past finite fossil fuels, to conserve fuel, to spur innovation and basic research and to treat the risks from accumulating greenhouse gases the same way the party treats the risk of fiscal breakdown from building financial obligations.

«We the People» just booted a boatload of spendthrifts out of Congress, after they helped engineer a $ 1.3 trillion deficit on America's FY - 2010 budget and balloon our cumulative national debt to $ 13.7 trillion.

All of the major federal agencies that it relies on for research grants — including the National Science Foundation, the Department of Defense, NASA, and the National Oceanographic and Atmospheric Administration — are feeling the squeeze of shrinking spending in an effort to control the ballooning federal budget deficit.