Sentences with phrase «dollar deficit with»

â $ œThis is an honest, straightforward budget that puts New York state back on track by closing a multibillion - dollar deficit with no new -LSB-...]
The budget builds on the Governor's record of fiscal responsibility by closing a multi-billion dollar deficit with no new taxes, fees or gimmicks.
«I proposed a new budget that closes a 10 billion dollar deficit with no new taxes; that's right with no new taxes and it forces government to cut the waste and inefficiency.»

Not exact matches

According to the IIF, since Egypt reached agreement with the IMF in 2016, its currency has increased sharply against the dollar and that boosted its official reserves by almost double — from about $ 20 billion to $ 40 billion — and narrowed its deficit.
The rupee joins the rupiah (which had fallen more than 13 % against the U.S. dollar as of August), and Brazil's real in a spate of tough economic times for developing nations, particularly those with large current account deficits.
Take a closer look at the FDI stats, and you'll see the depreciation of the dollar against the Euro and the pound boosted Canada's outward FDI, and the country had a $ 50.5 - billion investment deficit with the United States.
Martin would be left with billions of dollars in unallocated revenue at the end of each fiscal year, which was first used to narrow the budget deficit, and then went toward the debt.
With the potential for higher U.S. budget deficits and debt risking dollar strength, central banks around the globe could be motivated to increase their gold holdings, says Credit Suisse.
The connection is the other way around: BECAUSE the dollar is the largest reserve currency, the US gets away with large trade deficits.
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.
I agree with you - no fiscal deficit will mean its harder to save dollars.
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.
By storing its surplus export revenues in Treasury bonds, South Korea nudges up the relative value of the dollar against our competitors» currencies, and our trade deficit increases, even though the original transaction had nothing to do with the United States.
Under CBO's Alternative Fiscal Scenario — which assumes many of the 2017 tax law's expiring provisions and other temporary tax cuts are made permanent, the recent spending deal is extended so that most discretionary spending grows with inflation, and emergency funding for disasters is kept in line with its historical average — deficits will exceed the two - trillion dollar mark by 2028.
If China reduces its current account surplus / capital account deficit with the United States, my understanding is the dollar will fall.
When the trade deficit with China was $ 350 billion last year, what it actually meant was that China sent us $ 350 billion worth of goods, and we gave them our printed paper (fiat money dollar) in exchange.
We believe it really is A Better Deal, that we should be working together in a bipartisan way to create growth that will reduce the deficit, generate good - paying jobs, and do so, again, in a bipartisan, transparent way instead of having trillions of dollars» impact on our economy with this GOP tax scam bill that was done in the dark of night, and, again, in a way that is not transparent, bipartisan, or good for America's working families.
Since 2002, almost 250,000 manufacturing workers have lost their jobs because of the high dollar and our huge and growing trade deficit with developing Asian countries. Many are older workers who will typically face a long stretch of unemployment, followed by employment in a new job at much lower wages.
Those who run the Fed are despondent that despite implementing for eight YEARS an interest rate policy specifically designed to enable Obama to create a totally false illusion of economic «recovery» by massively increasing government spending with trillions of phony, deficit, zero - interest - rate «dollars,» the people saw through the economic lie and defeated the Fed's next intended puppet, Clinton.
The combined effects of the appreciation of the dollar and weaker external demand have already seen a sharp increase in the trade deficit, with both a rapid rise in imports and a fall in exports.
At the time he spoke the new US Federal Budget hadn't been agreed on, and with a US$ 1 trillion dollar deficit to finance, the warnings he delivered are more relevant than ever.
For years, individuals and investors that were concerned with debt, deficits and a weak dollar turned to gold as the ultimate safe haven, but now bitcoin is starting to become the alternative currency.
Even with all those spending cuts, the Ryan budget still includes deficits of over 5 trillion dollars over the same period.
Mr Trump has made narrowing the multibillion - dollar US trade deficit with China a priority for his administration.
It took some trimming — a few million dollars here, a half - million dollars there — but the Buffalo Public Schools were able to close a projected $ 10.2 million deficit and come up with a balanced budget for next year.
Ron Deutsch, with New Yorkers for Fiscal Fairness, says the state could begin to close its $ 2 billion dollar budget deficit and have more money for schools and health care if it began collecting more taxes on corporations and other businesses who the groups believe are underpaying right now.
Monday was the first full day of session in the New York State legislature, and lawmakers have a lot to contend with, including a multi billion dollar budget deficit.
The same data shows that since the start of free trade agreements with NAFTA in 1992, America's trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent.
The United States has a trade deficit of 111 billion dollars with Europe.
The Citizens Budget Commission, a nonprofit financial watchdog group, in a report last week, predicted that even with the planned fare increases, the MTA stands to post budget deficits in the hundreds of millions of dollars in the next several years without a new revenue stream to fund the subway plan.
«My concern is that when we're dealing with deficits, you'd have potentially $ 200 million in taxpayer dollars going to be spent on campaign financing,» Skelos said.
Monday was the first full day of session in the New York State legislature, and lawmakers have a lot to contend with, including a multi-billion dollar budget deficit.
Last year, de Blasio asked the Legislature for $ 300 million in new funding to help make capital improvements at the New York City Housing Authority, the crumbling system of public housing with a multi-billion dollar deficit.
Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Andrew Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.
Paterson and the leaders remain billions of dollars apart, with Assembly Speaker Sheldon Silver counting on up to $ 2 billion in borrowing to bridge the state's $ 9.2 billion deficit, and Paterson insisting he doesn't want to borrow «a dime.»
As a Republican, how do you balance the need for spending cuts and reducing the deficit and the debt with the desire for constituents to get some federal dollars to this area that has been struggling so with the economy?
Cuomo says with a multi-billion dollar budget deficit, and uncertainties in funding from Washington, spending needs to be lower this year.
Since the start of free trade agreements with NAFTA in 1992, America's trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent.
The million dollar question now is whether the state legislator will increase the «mansion tax» from $ 1 to $ 2 million as the Empire State begins the fiscal year with a $ 4 billion deficit.
With the city's budget's in limbo, Albany Mayor Kathy Sheehan has launched a social media campaign to shore up a $ 12.5 million dollar deficit and find a permanent solution to end the annual funding crisis.
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.
ALBANY — Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.
«With revenues falling and a multi-billion dollar deficit looming, it's prudent to begin looking closely at the City's budget now,» she said in a statement.
The biggest risks, Lhota warned, involve the city's budget, which faces a multi-billion dollar deficit and expired contracts with municipal unions.
You should know that my beautiful Island of Puerto Rico, where I was born and grew up, is going through a very difficult financial crisis with a historic deficit of $ 72 billion dollars.
Cuomo says he had to cope with a $ 10 billion dollar state budget deficit, and an ongoing weak economy.
Monday was the first full day of session in the New York State legislature, and lawmakers have a lot to contend with, including a multibillion dollar budget deficit, as well as the beginning of an election year.
«The Council also continues to emphasize that, with multi-year, multi-billion (dollar) budget deficits, New York needs to more fully examine its spending practices, especially in major programs such as Medicaid and education, and determine why are our costs are so much higher than other states without the results to match,» said Business Council President Heather Briccetti.
When other counties were facing large deficits, our County was recording a surplus that was used to pay down millions of dollars in long - term debt and fund infrastructure repairs with cash and avoid costly interest payments.
In the absence of anything which can be called an «investigatory press» in Rockland County, elected officials must know that their behavior is being publicly scrutinized by the social media and that past behaviors which resulted in Rockland County becoming bloated with over 100 patronage appointments and millions of dollars in ballooning property taxes, bonded debt, and deficit spending MUST stop.
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