Sentences with phrase «carry over deficit»

That's doesn't include Obama's first year deficit budget, which was a carry over deficit from W's last year in office and was over by $ 1.3 Trillion and the debt ceiling was raised.

(Yes, there are many ways to get around that to a certain degree, but carrying over deficits, however disguised, remains difficult.)

Not exact matches

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.

A recent survey carried out by You Gov for the Sheffield University Political Economy Research Institute (SPERI) demonstrated that voters in Britain now prioritise growth over deficit reduction (47 - 34 %), deeming current spending cuts to be hasty and excessive.