Sentences with phrase «compounding federal deficits»

If adopted on a large scale in New York and California, the measure would sabotage Trump's federal tax law by sapping its revenue stream while compounding federal deficits years down the road, according to the tax experts.

Not exact matches

Compounding the Administration's self - restraint was the expected squeeze on science by the Republican - led House of Representatives as part of a relentless campaign to trim overall federal spending and reduce the deficit.

«After 1974, the Bank of Canada stopped lending to federal and provincial governments and forced them to borrow from private and foreign lenders at compound interest rates — resulting in huge deficits and debts ever since.»