Balsillie warned that the Liberals» plan to run
budgetary deficits of up to $ 10 billion in each of the next three years could pale in comparison to what could be lost in the country's ideas economy because of the TPP.
Canada's economy will not fully recover until 2013 and the federal government will carry a structural
budgetary deficit of C$ 19 billion ($ 17.6 billion) after the crisis, a report by the parliamentary budget officer said on Monday... «PBO calculations continue to suggest that the budget is not structurally balanced over the medium term,» the report said.
The federal government posted
a budgetary deficit of $ 193 million in July 2017, compared to deficit of $ 1.8 billion in July 2016.
The federal government posted
a budgetary deficit of $ 2.8 billion in November 2017, compared to deficit of $ 3.3 billion in November 2016.
Not exact matches
Given the weak state
of the economy, a
budgetary deficit should be embraced, not feared.
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.
The projected
budgetary deficit in 2010 - 11 was revised down from $ 40.5 billion to $ 36.2 billion and in fiscal 2011 - 12 was revised upward from $ 29.6 billion to $ 36.2 billion, for a cumulative reduction
of $ 1.6 billion over the two years.
Table 3 shows the changes in the average private sector economic forecasts for nominal GDP (the most applicable tax base for
budgetary revenues), and for short - and long - term interest rates, from the first estimate
of the
deficit to the final outcome.
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.
Depending on the economic environment at the time, the Government could well be facing a
budgetary deficit, if it allowed a drop in EI rates
of that magnitude.
The increase in the year - over-year
deficit was primarily due to lower
budgetary revenues (down $ 5.0 billion), reflecting the timing
of receipts.
With the release
of the June 2016 Fiscal Monitor, a new era
of budgetary deficits is again upon us.
The federal government posted a
budgetary surplus
of $ 565 million in December 2017, compared to
deficit of $ 1.3 billion in December 2016.
The legislation enforces limits on discretionary spending until 2021, establishes a procedure to increase the debt limit, creates a Congressional Joint Select Committee on
Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such s
Deficit Reduction to propose further
deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such s
deficit reduction with a stated goal
of achieving at least $ 1.5 trillion in
budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such savings.
According to the statute's own language, it was designed with the «purpose
of reducing the need for future tax increases, maintaining the highest possible bond rating, reducing the need for short term borrowing, providing available resources to meet State obligations whenever casual
deficits or failures in revenue occur, and providing the means
of addressing
budgetary shortfalls.»
First come large
budgetary deficits caused by the economic downturn and the implementation
of a
deficit financed stimulus package.
The
deficit is the difference between two large numbers:
budgetary revenues
of $ 282.3 billion and total expenses
of $ 280.4 billion (figures for 2014 - 15).
But economics should be seen not simply as a study
of marketing, gross national product, trade
deficits,
budgetary deficits and the like.
- reduction
of budgetary deficits, regressive taxation reduction
of taxes on capital, worsening income distribution
From there, for instance, comes their insistence on the importance
of a central bank legally and totally independent
of all governments or again on the inscription in the constitution
of the prohibition
of any
budgetary deficit.
«The ECJ can not cancel
budgetary agreements - however, we hope every constitution from all the 17 countries
of the eurozone have a golden rule on
deficit that targets equilibrium and balance,» Mr Sarkozy said.
The Citizens» Budget Review Commission shall be established to assist and advise the Erie County Legislature in the oversight
of the County's budget and to monitor county finances, ensure the long - term fiscal stability
of Erie County, prevent the concealment
of county
deficits, and to help provide the Legislature with enough time and information to respond to
budgetary problems.
Two days ahead
of the holiday, Cuomo sent the City
of Albany a particularly welcome
budgetary Valentine: $ 12.5 million that Mayor Kathy Sheehan will use to plug a yawning
deficit.
Two days ahead
of the holiday, Gov. Andrew Cuomo sent the City
of Albany a particularly welcome
budgetary Valentine: $ 12.5 million that Mayor Kathy Sheehan will use to plug a yawning
deficit.
PARIS — Higher education and research are one
of the few
budgetary bright spots on a landscape
of gloom in France, as the economic crisis is predicted to push the country's public
deficit to a record high next year.
He also spoke as the federal government appears poised to run
budgetary deficits in order to invest billions
of dollars in areas such as infrastructure as a way to boost Canada's weak growth.