Government austerity after the 1994 Peso crisis
cut national deficits and debt, leaving it well - positioned when the 2008 crisis hit.
They also discuss domestic politics, in particular the Liberal Democrat's pledges to
cut the national deficit.
Not exact matches
Because Congress has refused to either raise taxes or
cut other spending to pay for the war, the necessary borrowing has substantially raised the budget
deficit and increased the
national debt.
Many Democrats claim the plan — which includes both corporate and income tax reform — favors only the top earners, while fiscal conservatives worry the tax
cuts could dig the U.S. deeper into
deficit spending and add to the already - mountainous
national debt, requiring another showdown over raising the debt ceiling.
Republicans, who have long decried the dangers of the
national debt, have come under fire in recent weeks for pushing a
deficit - busting tax
cut that's primarily geared towards corporations and America's highest earners.
It's about the determination of Republicans to
cut funding for Planned Parenthood,
National Public Radio and the Environmental Protection Agency - efforts that have absolutely nothing to do with the
deficit.
We can expect to inherit plans for further deep
cuts to departmental budgets at a time when the
deficit will still be very large and the
national debt rising.
[108] There is evidence of this commitment to
cutting the state in his party's manifesto, with Osborne and the Conservatives seeking to
cut the
deficit «faster and deeper» than any other main party as well as committing to various tax
cuts such as inheritance tax and
national insurance.
It provided the framework for the other correct polices that began to be laid out at the Labour Party conference — for example on the
National Investment Bank, opposition to removing the budget
deficit by
cuts to welfare.
Earlier, Cameron had realised that voters did not like his honesty on
cutting the
deficit, so he changed that too, promising to cancel next year's
National Insurance rise and find the money from La - La Land, although he called it «efficiency savings».
To make up for a federal
deficit of more than $ 400 billion, the White House has ordered most civilian research agencies to prepare for major budget reductions in the 2006 budget, including
cuts for the
National Institutes of Health and the
National Science Foundation.
To help trim a record $ 413 billion
deficit, the bill
cuts the
National Science Foundation's budget 1.9 percent — to $ 5.5 billion — ending 9 years of growth.
For example, Bob Wise, a former governor of West Virginia who is now president of the Alliance for Excellent Education, said at a
national leadership summit in February 2012 that online learning is an «imperative for meeting those challenges such as providing sufficient opportunities for students to gain the knowledge and skills they need to succeed in the global economy; dealing with budget
deficits that are forcing program
cuts; and ensuring students» access to high - quality teachers, curricula, and learning experiences.
It creates a $ 1.4 trillion
deficit; makes sweeping changes to health care, including massive
cuts to Medicare; and allows for drilling in the Arctic
National Wildlife Refuge.
The bipartisan congressional supercommittee's failure to negotiate a
national deficit reduction plan triggers automatic, across - the - board spending
cuts that will have devastating consequences for schools and students already reeling from deep education
cuts at the state level.
And that will be on top of the 8 percent ($ 3.5 billion)
cut that will take effect in the middle of the 2012 — 13 school year as a result of the congressional supercommittee's failure to achieve a
national deficit reduction plan.
Schools face 8 % budget
cuts and about 60 % of secondary schools already have
deficits, warns a funding analysis from the
National Audit Office (NAO).
He does support
cutting down on the federal budget (meaning federal education programs); for instance, he once complained, «An increasing
deficit and an ever - growing 19 trillion dollar
national debt, despite a volley of tax increases, prove this administration is committed to spending us into oblivion.»
Considering the Republicans» refusal to provide a rational plan to Americans on how they will achieve the conflicting promises that they outlined in their Pledge to America, which denounces
deficits but calls for tax
cuts and adds $ 3.7 trillion to the
national debt without specific spending
cuts or financing, the dog metaphor seems appropriate.
They've been very clear:
cut taxes while not addressing the
deficit /
national debt until desperation economics (read: the need to feed debt service) becomes so onerous that there's no choice that reasonable people will move to Europe... oops, I mean, that we'll sit here and let them screw us.