According to the governor's budget office, if the voluntary spending cap continues, New York will have a $ 5.7 billion
dollar surplus by 2019.
Not exact matches
In the 1950s in response to a global «
dollar shortage» that had impeded the return of international trade in the late 1940s and 1950s, Germany and other countries implemented policies, including sharply undervalued currencies, aimed at acquiring
dollars by running large trade
surpluses.
Central banks were doing the quasi-saving,
by being stuck with
surplus U.S.
dollars like a hot potato.
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.
If the trade is in balance and America has a huge balance of payments
surplus from all the debt service that countries owe in
dollars — plus a huge remission of profits
by American companies that have bought out foreign industry — then the
dollar's exchange rate would soar.
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.
He turned Massachusetts» budget from red to black while governor
by turning a three Billion
dollar deficit into a 2.16 billion
dollar surplus.
There is reason to be skeptical that New York will run a multi-billion
dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday
by Comptroller Tom DiNapoli's office.
Texas has a state budget
surplus because it mooches off the federal tax
dollars generated
by NY, CA, MA and IL.
The books have to balance — our current account deficit must be balanced
by a capital account
surplus; the question is at what level of the
dollar do they start buying US goods and services, rather than bonds?
Every
dollar that a bankrupt family makes above the level set
by the government is subject to a
surplus income payment of 50 % while a person remains bankrupt.
Next in the rating system is the Financial Size Category (FSC), which is indicated
by a Roman numeral between I (the lowest), and XV (adjusted policyholder
surplus of greater than 2,000); with the indicated numbers being equivalent to perceived value in terms of millions of
dollars multiplied
by the FSC of the company.