Sentences with phrase «bigger deficits over»

Not exact matches

The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the debt ceiling, includes around $ 2.1 trillion in spending cuts over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.

The Trudeau government simply picked up the thread and put some serious (borrowed) coin behind it, with its big - innovation, big - infrastructure plan racking up $ 145 billion in deficits over six years.

It's not really a very big tax cut (~ $ 1.5 trillion in debt over 10 years implies a deficit of ~ $ 120 billion / yr, or ~.6 % of GDP).

While the Turkish outfit huffed and puffed particularly in the first half, over turning a three goal first leg deficit was always going to be too big a mountain to climb.

His unrivaled negotiating skills and ties to big spending groups have for over a decade assured that budgets always had deficits, increased debt, added new taxes, and reflected a consistently anti-business bias.

Last year, when load - shedding reached its peak over a three - year period, the economy recorded its lowest growth in 15 years: expanding by 3.9 percent mainly, on due to a slump in commodities prices and energy supply deficit, which affected the manufacturing, industries and services sectors... the biggest contributors to the country's GDP.

Income tax ticks the fairness box; a 2p rise at all levels should raise over # 10bn, making a big dent in the deficit and so shoring up the government's perceived competence.

The CEBR report found that if the Government raised the rate of corporation tax from 21 per cent to 26 per cent - the result of equalising the tax rate between big and small business - would cost around 100,000 jobs from the small business sector and reduce economic output by # 4.3 bn, while reducing the public sector deficit by only # 1.6 bn over 10 years.

The IFS said that the Conservative plans to get rid of «the bulk» of the deficit over the course of the next parliament will involve the biggest spending cuts since the second world war, while Labour and Lib Dem plans will result in deeper cuts that at any time since the 1970s.

The state has a $ 4.4 billion dollar deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.

Nearly 500,000 public sector jobs will be slashed over the next four years as the government tries to clear its deficit with its biggest round of spending cuts since World War II.

The state has a $ 4.4 billion deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.

Perhaps the bottom line, then, is that while the Obama Administration did what it could — at times generously so — on science and innovation funding, such investments and others in the discretionary budget have been secondary to the bigger fights that truly define our fiscal politics, over healthcare, retirement, deficits and debt, levels of taxation, and so on (and it can't be underestimated how truly intractable these challenges really are, as indicated by the labyrinthine wrangling and ultimate failure of the President's Bowles - Simpson deficit commission).

Creating too big a caloric deficit (say, eating 2,000 kilojoules below your total daily energy expenditure and knocking off another 2,000 in the gym) will, over time, predispose you to fat gain.

The bank also said that Ottawa's target of lowering the debt - to - GDP ratio over the coming years would remain achievable, even with the bigger annual deficits.

The GOP's tax overhaul may give a shot of adrenaline to the economy in the short term but will lead to bigger budget deficits over the next decade, InvestmentNews writes in an editorial.

Maybe it's the magazines that you buy each week or some other relatively small expense that adds up with all those other relatively small expenses to create a big deficit in your finances over the term of the year or so.

In view of the big price difference of over 200 Euros (~ $ 222) between the Moto Z and Moto Z Play, the minor deficits of the cheaper model in some aspects are surprising.