Sentences with phrase «dollar deficits as»

California famously faced a $ 26 billion shortfall, but many other states, including Ohio and Illinois, confronted multibillion - dollar deficits as well.

The inevitability and prospect of a trillion dollar deficit as the «new normal» under President Obama for Republicans is the stuff of nightmares.

Not exact matches

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.

if the dollar is to serve as the world's reserve currency the u.s. must unavoidably run trade deficits.

Russian leaders did not realize that dollars or other foreign currencies were only needed to finance balance - of - payments deficits, not domestic spending except as this money was spent on imports.

The Triffin Dilemma, as this problem is known, points out that if foreign growth is high enough relative to US growth that the need for US dollar reserves grows faster than the US economy, the resulting US current account deficit will require that the US sell assets fast enough, or that US obligations to foreigners grow fast enough, eventually to put the US economy at risk.

Except for a period in the early 1960s, when Robert Triffin explored what became known as the Triffin Dilemma, in which foreign hoarding of U.S. dollars was linked to persistent U.S. trade deficits, the relationship between the capital and current accounts seems since then to have mystified most economists, including those specializing in trade, even as U.S. trade deficits and foreign capital inflows soared, and as the growth in international capital flows, once consisting largely of trade finance, exploded relative to trade flows and relegated trade finance to minor importance.

But if that path is taken the actions needed to reduce the one trillion dollar budget deficit will become as much a yoke around its economy as the PIGS deficits are on their economies.

A Little Bad Luck For The Fed Too... As Trump's Deficit Spending Pressures The Dollar [providing even more incremental inflationary fuel]... Adding Further Impetus To Higher Yields.

The U.S. government began to tighten monetary policy years prior to the recession in 1958, also known as the Eisenhower Recession, in an effort to curb inflation; however, prices continued to climb and the strengthening U.S. dollar led to a growing foreign trade deficit.

And if the fiscal problem becomes unstable — more deficit to finance than security markets will allow, the Fed will obey its political masters and finance the deficit by a hyper - inflation, or hyper - tax, as a burgeoning inflation simply taxes all fixed dollar wealth — bonds, dollars, life insurance values, etc. — by the rate of price level increase.

And as a result, trillion - dollar deficits will most likely return next year.

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.

Much of the debate over the past years about the benefits and the costs global specialization, primarily the rapid advance of China as a major manufacturing center has been less about the financial costs — the $ 12 trillion dollars of additional liquidity that the US consumers offered to the world (the cumulative US trade deficit from 1990 through 2015 compared to the over $ 3 trillion dollars in trade surplus run - up by China over this same period — and more in terms of the jobs lost and the impact of foreign products on American wages in manufacturing.

You would think that someone who had any rationality to them at all would be focusing on real issues, such as stripping away of our civil liberties, or the ongoing wars that actually cost this country billions of dollars and hundreds of lives, or the trillions of dollars in our deficit.

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».

The budget deficit for the current fiscal year had grown to $ 350 million dollars, and the projected gap for the new fiscal year would be a $ 3.5 billion dollar hole, if spending were to take place as planned.

The revenue comes as lawmakers and Cuomo have to close a $ 4.4 billion dollar deficit.

The $ 1,017,752 in pay raises to 104 nonunion employees comes as Nassau struggles to plug a multimillion dollar budget deficit.

Critics questioned the need to make the payments at a time when the state has taken drastic money - saving steps, such as delaying billions of dollars in aid payments to local school districts, to try to close a $ 9 billion deficit.

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?

1) Eliminate The County Deficit: As a County Legislator, Ilan Schoenberger wrote the Deficit Reduction Act, and as County Executive he will ensure it is followed, so that ten million dollars from each year's budget goes directly toward eliminating the dDeficit: As a County Legislator, Ilan Schoenberger wrote the Deficit Reduction Act, and as County Executive he will ensure it is followed, so that ten million dollars from each year's budget goes directly toward eliminating the deficiAs a County Legislator, Ilan Schoenberger wrote the Deficit Reduction Act, and as County Executive he will ensure it is followed, so that ten million dollars from each year's budget goes directly toward eliminating the dDeficit Reduction Act, and as County Executive he will ensure it is followed, so that ten million dollars from each year's budget goes directly toward eliminating the deficias County Executive he will ensure it is followed, so that ten million dollars from each year's budget goes directly toward eliminating the deficitdeficit.

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.

As President Obama fully understands, New York and many other states are working hard to address multi-billion dollar deficits.

The state has a $ 4.4 billion dollar deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.

The new year could bring fiscal challenges, as state leaders seek to shore up a $ 4 billion dollar deficit.

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.

«The temptation for Cuomo will be to use state - budget surpluses to avoid the problem for a couple of more years — that is, give them a few hundred million dollars a year out of the state budget to cover the operating budget deficits that will get bigger as the M.T.A. devotes more money to debt service,» she emailed.

At a time when NYCHA's waiting list is 270,000 families deep, and it faces hundred million dollar operating deficits, the comptroller slammed the situation as unacceptable.

As a Republican legislator, Sparaco has voted against tax increases, even as the county's multimillion - dollar deficit swells; he's fought pay raises for county employees; and tried to eliminate the county's Youth Employment prograAs a Republican legislator, Sparaco has voted against tax increases, even as the county's multimillion - dollar deficit swells; he's fought pay raises for county employees; and tried to eliminate the county's Youth Employment prograas the county's multimillion - dollar deficit swells; he's fought pay raises for county employees; and tried to eliminate the county's Youth Employment program.

The Center's health policy analyst Bill Hammond says the state budget could end up with a very large deficit, as high as $ 2.7 billion dollars.

With a trillion - dollar federal deficit at the forefront of legislators» minds, a clamp on spending is not as surprising as the unusually hands - on way in which the NIH portion of the House bill is written.

The markets are beginning to grow very weary over the strength of the dollar, and inflation concerns are growing as deficit projections skyrocket and the Fed prints more and more money in an attempt to get credit flowing again.

Politicians seizing on painless ways to cut the deficit reinforce this perception of massive spending, and Americans believe them: In surveys, they estimate that as much as one out of four dollars spent by the federal government goes to foreign governments.

WASHINGTON — U.S. Secretary of Transportation Anthony Foxx today outlined his top priorities for the Department of Transportation, highlighting America's infrastructure deficit and identifying ways for the Department to use innovation and improved planning to stretch transportation dollars as effectively and efficiently as possible.

He also spoke as the federal government appears poised to run budgetary deficits in order to invest billions of dollars in areas such as infrastructure as a way to boost Canada's weak growth.

Researchers at the U.S. investment firm expect the Canadian dollar to hit 88 cents USD in 2014 as our trade deficit grows, according to media reports.

The reasons for those higher rates involve everything from extraordinary fiscal stimulus via trillion dollar deficit spending, significant changes to the tax structure, an increase in Treasury bond supply, central bank quantitative tightening (QT), a decrease in Treasury bond demand from other countries as well as inflationary pressures.

We keep running larger and larger deficits, and the foreigners keep taking the paper down even as the US Dollar falls.

The often erudite Jason Zweig tells us that the deficit «could set off a surge in inflation and push down the dollar» as if those were two different effects.

Aside from the general worries of stock market overvaluation, blame for the collapse has been apportioned to such factors as program trading, portfolio insurance and derivatives, and prior news of worsening economic indicators (i.e. a large U.S. merchandise trade deficit and a falling U.S. dollar, which seemed to imply future interest rate hikes).

Brandeis is also discussing a range of sweeping proposals to bridge a budget deficit that could be as high as ten million dollars.

California is facing a huge budget deficit as it is, something like $ 35 billion, and a multibillion dollar suit against CARB is the last thing the state needs — especially one that the Renewable Fuels Association and Growth Energy are likely to win.

Many of our roads and highways are about as good as goat trails and the state's deficit is about $ 20 billion dollars.

The bill, H.R. 1, was introduced last Friday as the GOP's attempt to reduce the deficit and restore «fiscal responsibility,» yet would nevertheless strip highly leveraged dollars from important federal programs, while representing merely a drop in the bucket of the $ 1.3 trillion federal deficit.

Today gold price in Guntur is affected by other factors such as inflation in the country, import duties, current account deficit, situation of the economy and the strength of the US dollar.

Whatever deficit reduction might be realized by taking a carving knife to the MID would come at an intolerably steep price: trillions of dollars in wealth destruction and a new uncertainty in what has long been recognized as a bedrock of our economy.

Doll believes the federal budget deficit will rise in dollars and as a percentage of GDP for the first time in seven years.