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.
Not exact matches
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.
«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.
The
operating deficit, projected at $ 333 million for 2017 — 18, could exceed half a billion
dollars by 2019 — 20 (see Figure 2).
The US, he writes, «continues to
operate with generally tepid economic growth, headline unemployment rates well in excess of 9 %, and a budget
deficit well in excess of a trillion
dollars,» yet the S&P 500 has more than doubled since 2009.