Sentences with phrase «dollar deficits in»

Chicago and New York City, for example, have multi-million dollar deficits in food services, attributable to escalating costs and money owed from families who have not kept up with either their full or reduced - priced payments.

The Thruway has a multimillion dollar deficit in the upcoming years, partly due to the construction of the new Tappan Zee Bridge.

Front and center in the current legislative session will be the half - billion dollar deficit in the two - year, $ 41 billion budget Gov. Dannel P. Malloy signed only three months ago on Halloween.

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.

But the company had a net loss of $ 154.1 million in 2014, and a loss of $ 77.6 million for the first half of 2015; overall, it's piled up an accumulated deficit of almost a half billion dollars since its inception.

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.

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.

«The policy of promoting an overvalued dollar gave us the record trade deficits that eventually peaked at almost 6 percent of GDP in 2006,» Baker said.

Tuesday's budget showed the Liberal government is still predicting billions of dollars in annual deficits over the next six years.

In dismissing projected trillion - dollar deficits, National Economic Council director Larry Kudlow recently claimed that one should «never believe the...

«When we look at $ 1 trillion dollar budget deficit in 2019, then each auction announcement is going to be somewhat incremental, adding and adding to the story,» said Ader.

The federal government disclosed a larger - than - expected trade deficit and the dollar fell in value.

By the end of the trading day on October 16, which was a Friday, the DJIA had lost 4.6 percent.5 The weekend trading break offered only a brief reprieve; Treasury Secretary James Baker on Saturday, October 17, publicly threatened to de-value the US dollar in order to narrow the nation's widening trade deficit.

I'm thinking a Smaller Fiscal Deficit will force dollar holders to invest in dollar based businesses.

Deficits totaled $ 587 billion in 2016, and CBO projects trillion - dollar deficits will return Deficits totaled $ 587 billion in 2016, and CBO projects trillion - dollar deficits will return deficits will return by 2023.

Historical evidence suggests, an increase in the budget deficit tends to boost overall activity by the same amount (in dollar terms).

Monetizing deficits has never been more attractive for the United States, which today benefits from its foreign lenders» willingness to be repaid in US funds, putting them at the mercy of the US dollar exchange rate.

when the typical DC pundit bemoans the trillion dollar deficits we're now looking at in coming years.

In today's terms, a 3 % deficit target would amount to a deficit of about $ 60 billion dollars.

Despite all the bashing China takes in Congress, it's big bad China that finances Washington's massive one trillion dollar plus budget deficit.

But this wrenching concern over the deficit — particularly when the situation in Puerto Rico remains so dire — is hard for some to swallow when conservatives are simultaneously pushing forward a tax reform package that could leave a more than a trillion - dollar hole in the deficit and have signed on to spending bills that added more than $ 100 billion to defense spending, without the immediate promise of offsets elsewhere.

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.

I published this piece in today's WaPo arguing that based on recent global dynamics — very low interest rates, strengthening dollar, capital flows, larger US trade deficit — the Fed must be very careful about raising rates.

Fundamentals: The Canadian dollar put in an impressive session despite the large than Trade Deficit and the stronger U.S. dollar.

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 euroIn 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 euroin Iraq and other countries, may indeed trigger a shift of international currency holdings into euros.

The «dollar glut» has grown in proportion to the U.S. payments deficit.

Trillion - dollar annual deficits return indefinitely in two years, and debt could overtake the size of the entire economy in a little more than 10 years.

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.

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.

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.

Debt - financed tax cuts may well push up interest rates in the U.S., which attracts more foreign investment, which raises the value of the dollar, which makes exports less competitive and imports cheaper, which increases the trade deficit.

3) Persisting external pressures in the form of low dollar liquidity and declining net international reserves, despite higher oil prices and a decreasing current account deficit

The White House budget director came to Capitol Hill on Tuesday to sell President Donald Trump's budget, but the administration's allies in the Senate preferred to talk about last year's tax cut rather than the trillion - dollar deficits contained in the new spending plan.

The New Zealand dollar stabilized despite an unexpected trade deficit caused by a jump in imports and a surprisingly large drop in consumer confidence.

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.

On the corporate side, the disappointing manufacturing PMI number has to be considered alongside a much better reading for services, while the US trade deficit narrowed sharply in September due to a rebound in foreign countries» demand for American goods in spite of a strong US dollar.

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.

Another important factor is also in the picture: the huge annual government deficit of more than a trillion dollars that must be funded every year.

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.

This question was raised in Russia in 1996 - 98, when IMF and U.S. advisors argued that it would be inflationary to pay wage arrears to workers unless the budget deficit were financed by borrowing an equivalent volume of dollars.

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.

Over the next few years deficit spending in excess of $ 1 trillion US dollars per year will be the norm in the US, but there is more to this than the headline figures reveal.

It's likely that this deficit will widen over the next few years and, unless many billions of dollars are spent soon, the world is facing the prospect of a significant shortage of oil in the early years of the next decade.

Also in the hard - to - believe category is Alaska's plan to institute an income tax for the first time in 35 years to «close a $ 3.5 billion dollar deficit the state is carrying,» according to Zero Hedge.

You may inflate your way out of your debt problem but you're not going to grow your way out of the debt problem, so let's get behind that and if the dollar got too strong then the impotence from the white house would be to have more tariffs because they are hell bent on shrinking this trade deficit so when Kudlow discusses that, he ought to be very careful about where he is going because this white house, Peter Navarro and Wilbert Ross will push for a weaker dollar because a weaker dollar is Mnuchin and Wilbert Ross both said in Davos, is sending soldiers to the ramparts in the trade war that exists every day.

Meanwhile, more than two billion dollars that could be spent on training will remain unspent, while the EI fund is rolling in billions of dollars of surpluses, being used to pay down the deficit instead.

Peter Boockvar: Well, I think the weakness in the dollar is beginning to reflect the worries of those depths and deficits.

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.

And if such an attitude sounds unthinkable politically, let me ask this question: Â how many commentators would have predicted two years ago that a Stephen Harper minority government would be able to have a $ 56 - billion - dollar deficit and still maintain a comfortable lead in the polls?