Sentences with phrase «budget deficit by»

There are three: First, interest rates will go up, because the tax plan is expected to increase the U.S. budget deficit by up to $ 1.5 trillion over 10 years.

Ontario's Liberal government said on Tuesday that a tight cap on spending growth will keep it on track to eliminate its budget deficit by 2017 - 18, even as it allocates more to education and health care in hopes of winning reelection.

The law increases the current federal budget deficit by about $ 1 trillion, according to the Congressional Budget Office.

The draft Blueprint for Reforming Philadelphia's Public Schools, released in April 2012, sets two distinct goals: 1) Safe, high - performing schools district - wide; and 2) The elimination of a more than $ 200 million budget deficit by 2014.

The automatic cuts to education and many other federal programs, known as «sequestration,» were intended as an incentive for lawmakers to reach an agreement on lowering the federal budget deficit by $ 1.2 trillion, but were triggered when Congress failed to do so in late 2011.

He said he planned to fix a state budget deficit by forcing higher benefit costs onto public workers and eliminating nearly all of their collective bargaining rights.

HISD has to close a $ 115 million budget deficit by June.

The measure also contains language that commits Mr. Clinton to work with Congress toward passing legislation this year that would erase the federal budget deficit by 2002.

On Monday, Rockland County sent a delegation to Albany to ask for the authority to close its widening budget deficit by issuing bonds backed by a sales tax increase.

But the coalition's determination to eliminate the budget deficit by 2015 makes it taller still.

The budget closes a $ 10 billion state budget deficit by cutting the state workforce by 9,800 (mostly through attrition), closing several prisons, and significantly reducing aid to public schools, colleges and Medicaid programs.

New York is facing a $ 1 billion budget deficit by the end of the 2012 - 13 fiscal year on March 31.

He says without changes in rules regarding pension payouts, union contracts and other issues, counties face a $ 4.2 billion dollar budget deficit by 2020.

It also eliminates the state's projected $ 5 billion two - year budget deficit by cutting the public workforce and requiring more state employee givebacks.

In addition to complicating Cuomo's campaign efforts — and the potential for a presidential run in 2020 that some political watchers see in his future — the trials could provide plenty of distractions as he and the state Legislature tackle a multi-billion budget deficit by the April 1 start of the new fiscal year.

The meeting closed a $ 15 million budget deficit by making more than $ 5 million in recurring cuts.

Neil: «The Conservatives» promise to end the budget deficit by 2015 is now going to be 2025 at the earliest.

It provided the framework for the other correct polices that began to be laid out at the Labour Party conference — for example on the National Investment Bank, opposition to removing the budget deficit by cuts to welfare.

Cuomo is seeking a third term this year and with the Legislature must close a $ 4 billion budget deficit by the end of March, when the budget is expected to pass.

The recent devaluation was announced to help narrow the budget deficit by increasing the amount of bolivars the government receives from oil exports.

It also includes cuts to non-defense spending designed to lower the federal budget deficit by more than $ 3 trillion over the next decade.

On fiscal policy, little needs to be said other than that Australia has a very low underlying budget deficit by world standards and is expecting a surplus next financial year.

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.

As written, it is almost guaranteed to increase the budget deficit by trillions over 10 years, and quite possibly keep increasing the deficit after 10 years are up.

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.

Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.

Instead, we should have been financing our budget deficits by having our central banks (or the ECB) simply create the money and credit it to the various governments» spending accounts — that is, by using helicopter money..

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.

The GOP bill including some changes would increase federal budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation estimates shared by the nonpartisan Congressional Budget Office.

The tax plans in Congress are projected to raise budget deficits by $ 1.5 trillion over the next decade.

The minority leader of the Monroe County Legislature, Cindy Kaleh issued a statement saying that, «for years, Monroe County has been plugging budget deficits by raising fees, selling off assets, and deferring pension costs.

Not exact matches

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

The economy is really being supported — this isn't just in the United States, it's in Japan, the ECB and Britain — the economy is being supported by quantitative easing that is allowing for a massive budget deficit and money printing exercises to go on... As you address the fiscal problems, you are going to have weak economic growth.

The Trump administration's proposed budget contained similar assumptions that the tax plan would reduce the deficit and overall debt load, something that was widely contradicted by economists.

Moscovici made much of the fact that for the first time since the euro was born in 1999, no country in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single currency and which has been flouted by many countries.

Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.

In a recent speech to the Empire Club of Canada, Manley recalled that, while serving as industry minister, he had his departmental budget cut by 50 % as the government struggled to eliminate a close to $ 40 - billion deficit.

It also requires the Spanish government to present by the end of this month plans to reduce its budget deficit to under 3 percent of the country's gross domestic product by 2014.

WASHINGTON (AP)-- The combined effects of President Trump's tax cuts and last month's budget - busting spending bill is sending the government's budget deficit toward the $ 1 trillion mark next year, according to a new analysis by the Congressional Budget Obudget - busting spending bill is sending the government's budget deficit toward the $ 1 trillion mark next year, according to a new analysis by the Congressional Budget Obudget deficit toward the $ 1 trillion mark next year, according to a new analysis by the Congressional Budget OBudget Office.

Assuming no change in legislation — and Trump campaigned on keeping those entitlements intact — the Congressional Budget Office predicts America's deficit will expand to $ 1.34 trillion by 2026.

But without a consensus from the economic community, it would be unwise to risk stamping out the economic recovery by sparking a trade war with China over currency disputes or drastically reducing the budget deficit.

Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a more conservative message of austerity, including cuts in unemployment and welfare benefits, to tame a record budget deficit widened by the biggest economic slowdown in 25 years.

He also sits on the Board of Directors, and in May 2015 he made a donation of $ 133,000 to the foundation to make up for funding it had lost as a part of the austerity measures put in place by Governor Bruce Rauner to address the state's $ 1.5 billion budget deficit.

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.

Others, like Sens. Jeff Flake and Bob Corker, wavered over the amount by which the bill is expected to raise the federal budget deficit.

The deficit for the current fiscal year that ends in two weeks is projected to be $ 25.9 billion — exactly as forecast in the fall fiscal update but up significantly from the $ 21.1 billion posited by Flaherty in last March's budget.

The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass.

As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.

The Byrd rule also prohibits initiatives that would increase the deficit beyond the fiscal years covered by the budget resolution.

This is the same strategy then - President George W. Bush used to pass his tax cuts under budget reconciliation in 2001, essentially getting around the Byrd deficit restriction by making the tax cuts temporary.