Sentences with phrase «control debt accumulation»

The downgrade was based partly on the view that the agreement between Congress and the President fell far short of the $ 4.0 trillion needed to stabilize the debt - to - GDP ratio within ten years, and partly on the view that the President and Congress were, and will be, unable to come to any sensible policy plan to support job creation in the short term and control debt accumulation in the longer term.

Not exact matches

The Kentucky Republican said the current pace of debt accumulation is unsustainable, arguing there should be significant spending cuts to get the debt under control.

This means the government must be committed to establishing and maintaining a sustainable medium or longer - term fiscal anchor, one that supports long - run stable economic growth through control of the accumulation of public debt.

There are secured credit cards which can provide some control over the expenses and prevent debt accumulation because the credit card holder needs to make a deposit into an associated account and only then he can use the credit card up to the deposit's limit.