Sentences with phrase «budget surpluses while»

During his tenure as Minister of Finance, he erased Canada's deficit which was the worst of the G7, subsequently recording five consecutive budget surpluses while paying down the national debt and setting Canada's debt - to - GDP ratio on a steady downward track.

He said Congress should use the reform to close tax loopholes and run budget surpluses while we are at some modicum of full employment.

Not exact matches

Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot of slight of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic economic and oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.

While the budget continued to show a surplus, it was a surplus smaller than the previous year, which in macro-policy terms is expansionary.

He turned Massachusetts» budget from red to black while governor by turning a three Billion dollar deficit into a 2.16 billion dollar surplus.

While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.

«While the FY2015 budget does not now contain a projected surplus to help lower these out - year gaps, the city must manage FY2015 in a way that builds up a surplus and creates recurring savings for future years,» he noted in his testimony.

Turn a $ 9 billion state budget deficit to a $ 25 billion surplus through various tax the rich proposals (e.g., half the rebate of the stock transfer tax; bankers bonus tax; raise $ 8 billion while give 95 % of us a tax cut by going back to the progressive income tax during the Rockefeller years).

I am very proud to tell you that, based on the projected numbers we are seeing as of today, Oneida County will end 2011 under budget, which will mean that in every year of my administration, we have achieved an operating surplus while providing critical services to the people of Oneida County.

While the $ 11.5 billion 15 - month budget gap that New York State faced in January 2003 and the current $ 2 + billion surplus are not exactly comparable, the turnaround in the state's finances in significant.

Sitting on a $ 1 billion surplus in an operating budget of $ 17.4 billion, the second - term Democrat last week proposed a politically popular 13 percent spending increase for K - 12 education, while also asking the legislature to block scheduled tax hikes.

Effectively managed a $ 1MM marketing budget while creating a budget surplus with consistent sales.