Not exact matches
However, the slower - than - expected economic growth in 2013 and the accompanying lower level of nominal income in 2013 - 14 results in a «status quo» (before
budget actions)
deficit of $ 18.7 billion Subsequently, the status quo budgetary balance is
actually lower that forecast in the November 2012 November Update.
Instead of curbing
budget deficits, they're
actually exacerbating the continent's economic problems.
Needless to say, the House
budget is much more fiscally responsible on reconciliation than the Senate because it
actually requires action on legislation reducing the
deficit, whereas the Senate
budget facilitates legislation increasing the
deficit.
This week's The Economist magazine had an interesting article — well several
actually - but one in particular that points out that when countries try to cut their
budget deficit as a % of GDP by 1 %, they usually find that GDP contracts by half a % as a consequence.
But as our provincial credit ratings have been downgraded, it will be important for the current and future governments to implement policies that will
actually address the government's significant revenue shortfall and growing
budget deficit.
So the
budget deficit is
actually greatly understating what is happening to the level of federal debt which wasn't always the case.
Last year's
budget actually called for almost $ 1.5 trillion more in
deficits, and this year, it is looking likely that Congress won't even pass a
budget.
In a mind - numbing thought, it appears that the implementation of austerity
budgets actually had the effect of increasing
deficits as economies slowed as austerity began to bite.
Furthermore, Ryan's death check list AKA the Ryan Plan is
actually a 28 year projection not the 10 year projection they are using in the discussions... The reason they are using a 10 year projection is because Obama's plan is a 10 year projection that would balance the
budget, Romney / Ryan plan is a 28 year projection that would double the
deficit in 10 years, and as people die off between years 10 and 28, and we have a theoretical unprecedented growth of the economy it would break even at the end of year 28... Go look it up for yourself... Then
Sen. Young also said that although the Governor has stated that the state has a $ 4.4 billion
budget deficit, that figure
actually shrinks to $ 1.7 billion when a spending cap of 2 percent is imposed, a measure that will be a priority of Senate Republicans.
But it's
actually worse, because there's a
budget deficit and a confidence
deficit and an integrity
deficit and a trust
deficit.
Cameron agreed, saying: «If you
actually look at what President Hollande is suggesting in France, his programme for getting rid of his
budget deficit is pretty much on a pathway with ours.
At the center of the debate is whether the
deficit is really $ 62 million or $ 80 million, except in Meyers» case, as he believes the
deficit to
actually be more than $ 80 million, and voted against the bond because he does not think his colleagues are serious about balancing the
budget.
I appreciate the council's efforts to reduce the
budget deficit and hire more police, but defunding the Land Bank would
actually create a revenue shortfall for the city and make our neighborhoods less safe.
Seemed to me like he
actually cared about the
budget /
deficits and working across party lines when possible, two traits undervalued by the leadership of both parties.
«Gov. Cuomo should explain why his regressive tax reform, which cuts taxes for the wealthiest should be adopted when it will
actually cause a a multi-billion dollar
budget deficit.
As Connecticut policymakers confront a large and growing state
budget deficit, veteran Hartford educator James Mulholland correctly recommends that the $ 17 million in taxpayer funds that are being wasted on the unfair, inappropriate and discriminatory Common Core Smarter Balanced Assessment Consortium (SBAC) testing scheme should be used, instead, to stop the disastrous cuts that will
actually hurt and limit opportunities for Connecticut's poorest children.
Thanks to Malloy's education reform effort, Connecticut taxpayers already subsidize charter school companies to the tune of more than $ 100 million a year and while Malloy laments the state
budget deficit, his
budget plan is to
actually give charter school even more taxpayer funds even though these companies refuse to educate their fair share of students who need special education services or those who require extra help when it comes to learning the English Language.