Sentences with phrase «debt over the next decade»

But the spending bill, which is expected to add roughly $ 1.7 trillion to the federal debt over the next decade, passed the House a mere 17 hours after its 8 p.m. release Wednesday night.

Second, the average time to maturity on U.S. debt is six years, meaning that most of the low - yielding bonds now on the books will be exchanged for more expensive debt over the next decade.

First, many members of Congress are citing growth estimates consistent with your letter to claim that the tax cuts would pay for themselves and that the legislation being considered by Congress would not add to the deficit or debt over the next decade.

Would it be fair to say that you agree with Martin Feldstein (who did not sign the letter) that these tax cuts will not pay for themselves and, in fact, would add about over $ 1 trillion to the debt over the next decade?

And the projected increase in debt over the next decade figures to be a huge burden for the most highly developed economies.

The proposed $ 200 billion in savings is less than one - fiftieth of the $ 10.9 trillion the Congressional Budget Office (CBO) projects we will add to the debt over the next decade if lawmakers do not act.

The non-partisan Congressional Budget Office (CBO) projects $ 10 trillion will be added to the federal debt over the next decade and estimates the cost of servicing the debt will triple over the next 10 years.

The bipartisan, Washington, D.C. - based Committee for a Responsible Federal Budget (CRFB) estimates that Trump's plan could add between $ 3 trillion and $ 7 trillion to the federal debt over the next decade, stating emphatically that «America can't afford» it.

Ultimately, the deal would set the stage for more than $ 1.5 trillion of new debt over the next decade.

Not exact matches

More than 500,000 borrowers are certified to have their student debt forgiven over the next decade because they work in public service.

As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.

Over the next decade, America's credit standing is likely to remain top - of - the - line — despite a wave of debt and deficits dwarfing almost anything experienced by a major industrialized nation.

Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...

CBO's newest baseline shows a worse picture than its previous projections, with deficits and debt rising over the next decade even faster than previously predicted.

Under current law, CBO expects debt held by the public to rise continuously over the next decade from today's post — World War II era record levels.

The vast majority of spending growth over the next decade is the result of rising costs for health care, Social Security, and interest on the debt.

Over the next decade, the world saw an explosion of exotic, «innovative» financial products, including collateralized debt obligations, credit default swaps, and commodity and swap indices.

If you own shares of McDonald's, Johnson & Johnson, an S&P 500 index fund, or any other countless security, when you glance over your reports, you should know exactly why you own them — how much you expect earnings per share to rise over the next decade, management's capital allocation policies (dividends vs. share repurchases vs. debt reduction vs. acquisitions, vs. growing organically), as well a legal and economic trends that might affect your position.

The tax reform legislation, which the GOP aims to push through Congress this week, will amount to about $ 1.46 trillion in debt from tax cuts over the next decade, with reductions in rates focused for the richest Americans and corporations.

Many analysts estimate the bill will add at least $ 1 trillion to the national debt — now about $ 20 trillion — over the next decade (although some Republicans argue that the cuts will pay for themselves by boosting economic growth).

While you may want to do everything you can to work your way out of this hole over the next decade, if you don't take action to resolve your debt situation within 12 - 24 months it's quite possible it will have a very negative impact on your retirement.

While I don't set any net worth goal I know that my net worth will grow a lot over the next decade since I will clear my debts, save and invest in dividend growth stocks.

If you live on your own — meaning not in your parent's home — and devote 10 % of your income to repaying the student loan, you will need an annual salary of $ 51,334 over the next decade to eliminate your student loan debt.

Though he warned that carbon dioxide emissions must be stabilized over the next few decades, he also suggested that significant progress could be made by reducing the emissions of other greenhouse gases, particularly methane and ozone — and that we must pay our Faustian debt involving air pollution.

However, she points out some factors in their favour: they have little debt; their earning power will increase over the next decade; and interest rates are currently low, so financing a higher mortgage or borrowing for a reno is feasible.