Sentences with phrase «budget deficit actually»

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.
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