Sentences with phrase «cuts spur economic growth»

Not exact matches

Faster economic growth, spurred by a $ 1.5 trillion tax cut package and increased government spending, is also seen stoking inflation.

The administration contends tax cuts would spur so much economic growth that the resulting new revenues would help offset the cost of the cuts.

European central bankers are following the same script, buying their sovereign members» bonds and considering cutting interest rates to spur economic growth.

U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations.

Tax cuts and economic growth are spurring a spending spree by U.S. companies on deal making as well as share buybacks.

They didn't, because the theory of the Republican tax plan is completely different, namely that cutting corporate tax rates will incentivize more business investment in capital goods, thus spurring higher productivity, more economic growth, and higher wages over the long run.

An acceleration to four rate increases for 2018, from three last year, would possibly reflect faster economic growth spurred by the $ 1.5 trillion tax cut that took effect this year and $ 300 billion in more government spending.

I remember when massive tax cuts for the wealthiest Americans spurred incredible economic growth during the Bush administration.

So asking whether there have «ever» been successful examples of reduced taxes spurring economic growth isn't necessarily meaningful for assessing whether the proposed contemporary tax cuts in the US will do so.

WASHINGTON - WASHINGTON — House Republicans on Thursday easily passed their version of a sweeping $ 1.5 trillion tax overhaul that sharply cuts taxes for corporations and small businesses and lowers many individual rates in a bid to spur economic growth and boost paychecks.

Earlier this week, more than 300 UC scientists criticized the proposed cuts to UC in a letter to California Governor Arnold Schwarzenegger and 25 legislators, arguing that UC risks losing its position as a premier public university and its ability to train the science and technology workforce needed to spur economic growth.

According to a study done in the US by Regional Economic Models, Inc., such an approach could cut American carbon pollution by as much as 52 % in 20 years, while adding millions of jobs and spurring economicEconomic Models, Inc., such an approach could cut American carbon pollution by as much as 52 % in 20 years, while adding millions of jobs and spurring economiceconomic growth.

With the cut in tax rates, the new tax law aims to encourage businesses to increase wages and supply more jobs, which should, in turn, spur economic growth in the US.

Foreign policy dominated President Bush's State of the Union speech in January, but he did lay out a plan to spur job gains and economic growth by reauthorizing earlier tax cuts.