Sentences with phrase «dollar deficit into»

He turned Massachusetts» budget from red to black while governor by turning a three Billion dollar deficit into a 2.16 billion dollar surplus.

At the same time that he turned a three Billion dollar deficit into a 2.16 billion dollar surplus he also cut taxes 19 times.

Not exact matches

«It would be a huge mistake to take the dollars we gain from closing loopholes and put them into reducing rates for the highest income brackets, rather than into reducing the deficit.»

Q: Will Congress» approval of trillion - dollar federal budget deficits this year and next and perhaps into the future be good for the economy?

Every federal dollar should be leveraged by partnering with state and local governments, and, where appropriate, tapping into private sector investment, to permanently fix the infrastructure deficit.

When the U.S. payments deficit pumps dollars into foreign economies, these banks are being given little option except to buy U.S. Treasury bills and bonds which the Treasury spends on financing an enormous, hostile military build - up to encircle the major dollar - recyclers China, Japan and Arab OPEC oil producers.

Most managers running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.

In sum, the U.S. payments deficit and central bank movements out of the dollar, aggravated by U.S. military activity in Iraq and other countries, may indeed trigger a shift of international currency holdings into euros.

Chapman expects it will develop into a prolonged recession caused largely by the bursting of the housing bubble and the weakness in the dollar attributable to the United States» large federal budget deficit and international trade imbalance.

If they then hold those dollars as reserves, then that means they imported something into the US without exporting something from the US in trade, which creates a net import, aka, a «trade deficit».

His legacy, he hopes, will be that he came into office four years ago with a million - dollar deficit and God willing will leave with a six - figure surplus.

Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated by the federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of dollars, the state's top fiscal officer said Tuesday.

Changes that Republican lawmakers made to Gov. Scott Walker's executive budget likely would result in a half - billion dollar deficit going into the next two - year spending plan, according to a new analysis.

When the Budget Control Act was signed into law in 2011, it first established an original spending cap baseline, along with a joint Congressional committee to come up with some kind of trillion - dollar grand bargain to further reduce deficits.

The district says it is wrestling with a $ 1.1 billion deficit weighted with pension payments and wants to save millions of dollars by having teachers pay more into their pension fund.

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.»

If passed into law, the Senate's 2012 Farm Bill would reduce the deficit by approximately $ 23 billion dollars through the elimination of some subsidies and the consolidation of programs.