Sentences with phrase «dollar surplus in»

But the governor and his budget officials believe that if they continue to hold spending to 2 % a year or lower, the state will have an over $ 2 billion dollar surplus in three years, enough to pay for the tax cuts, pre-kindergarten and other programs.
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.

Not exact matches

Why can't they increase their consumption and investment levels rather than relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's central banking system as excess reserves?
Trade surplus in August jumped 77.8 percent year - on - year and hit a record high again, after reaching an all - time high of 47.3 billion U.S. dollars in July, the data showed.
The U.S. media are silent about the most important topic policy makers are discussing here (and I suspect in Asia too): how to protect their countries from three inter-related dynamics: (1) the surplus dollars pouring into the rest of the world for yet further financial speculation and corporate takeovers; (2) the fact that central banks are obliged to recycle these dollar inflows to buy U.S. Treasury bonds to finance the federal U.S. budget...
China's exports in August rose 9.4 percent year - on - year to 208.5 billion U.S. dollars, with monthly trade surplus reaching an all - time high of 49.8 billion U.S. dollars, customs data showed on Monday.
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 surpluseIn 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 surplusein 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 surplusein the late 1940s and 1950s, Germany and other countries implemented policies, including sharply undervalued currencies, aimed at acquiring dollars by running large trade surpluses.
In 2017 the US ran a current account surplus (goods, services and corporate profits) of 14 billion US dollars against the EU.
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.
But to your first question I ask «why would the dollar fall in response to China lowering its trade surplus to the US?
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.
We can blame this dip on a number of things: geopolitics, the slowing of real GDP growth across the globe, a huge oil surplus here in the U.S. and a strong dollar.
The country's healthy trade surpluses and the Plaza Accord in 1985, which sought to weaken the U.S. dollar against the Yen and German Deutsche Mark, caused the Yen currency to appreciate against other currencies, which in turn made foreign capital investments relatively inexpensive for Japanese companies.
It has turned its debtor position into a lever, borrowing at no interest charge (to the extent that its currency circulates abroad) or at low interest (mainly from central banks in countries that have no other use for their surplus dollars.
But unless we see a big narrowing in the trade surplus, then exporters still need to sell dollars [and buy renminbi] in the onshore market,» she said.
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.
The Group of 20 in Seoul Korea last week accused the United States of competitive currency depreciation and financial aggression, and countries stepped up attempts to shun the dollar and indeed, to avoid running trade and payments surpluses as such.
Because of the size of purchases required, the likely purchases will be in US Dollar and Euro - denominated assets — much like what China has done with its surplus.
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.
(Meanwhile, in a starving world we pay a billion dollars a year just to store our surplus food!)
I don't think there's a lot of surplus in ballpark prices... Then again, a ballpark is a closed market... maybe you'll just shrug and pay the extra dollar.
I actually have such a huge cash surplus at the end of this school year that I have to spend millions of dollars to not be in violation of the three - month - expenses rule.
One area that New Yorkers would like to see some additional dollars, moreso coming from the $ 5 billion surplus than anyplace else, is in terms of both local and state infrastructure: 27 percent say use some of that money for local infrastructure, bridges, roads, and an additional 15 percent say let's increase the quality of state roads.»
I think that what that amounts to is that they're building a good foundation with the budget in dealing with the so - called» 5 - billion dollar surplus,» more better said $ 5 billion of taxpayer's money.»
New York state finds itself with a five billion dollar surplus — something that hasn't happened in a while.
The $ 18.7 billion dollar budget deal follows the disclosure earlier this week that a $ 500 million budget surplus projected in January had shrunk to $ 43 million.
State Comptroller Tom DiNapoli says the $ 5 billion dollar plus pot of money due to settlements with banks and other financial institutions over alleged wrongdoing in the Wall Street crash should not be looked at as a budget surplus.
How about fact checking this cost to the American taxpayer, 800 billion dollar stimulus created 800,000 jobs, doe the math on that per job, Obama's healthcare, do the math on that one and if you truly want to check some facts in regard to Clinton's surplus, check out the cut to National Security from which the surplus was created and where it led us with respect to 9/11 and two wars.
ALBANY — Gov. Andrew M. Cuomo on Wednesday proposed using his first substantial budget surplus to fund a $ 154 billion spending plan that includes a $ 2.1 billion increase in school funding over two years and billions of dollars in legacy - building construction projects.
Absent a tax increase, there isn't much maneuvering room within this figure — because, in fact, there aren't any multi-billion dollar «surpluses» in store.
Three Long Island school districts — Levittown in Nassau County, and Montauk and South Huntington in Suffolk — should not have built up multimillion - dollar budget surpluses, state auditors said in separate reports released last week.
For the first time in several years, New York has a surplus of three to four billion dollars.
The County Executive has put forward a costly agenda in his second term, requesting dozens of new jobs, millions of dollars in additional spending, and utilizing surplus funds to create long - term costs.
«We are projecting an eight million dollar surplus for the current year,» declared Miner to applause in her State of the City speech Thursday evening.
Steve Kroll, executive director of New York State ARC, which offers services to disabled adults and their families, says the groups need a minimum of $ 50 million additional dollars in the state budget, which is running a substantial surplus.
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.
The speaker called for patience from residents in allowing NYCHA to implement the plan, which projects for the authority to go from running hundred million dollar deficits to equally large surpluses inside of a decade.
«Same smoke, same mirrors, same attempt to blame others for his decision to lay off thousands of teachers, despite increased state aid, hundreds of millions of dollars in new revenues and a surplus that has grown to more than $ 3.2 billion,» Mulgrew said in an angry response to the mayor's presentation.
In May, she and the administration announced a massive revitalization program called «NextGeneration,» which they claimed could turn the authority from hundred - million dollar deficits to equally large surpluses within a decade.
Such designs are at the heart of the NYCHA head's NextGeneration plan, which Mayor Bill de Blasio commissioned to deal with what he called «the worst financial crisis» in the authority's 81 - year history, and to take the entity from hundred million dollar deficits to equally large surpluses.
Wyoming's surplus will probably have the advantage of somewhat higher productivity per dollar of capital invested in generation capacity; New Mexico's will have the advantage of being somewhat closer to the California and Arizona markets.
Surplus Pell funding is held in reserve for years when there is higher student demand for Pell dollars.
For example, a teacher in Iowa, a state with strong fiscal health and a substantial surplus, recently discovered that her pension contributions were recently raised to cover a multi-billion dollar shortfall in the state's teacher pension fund.
Stockholders» equity: The dollar value of all holdings of preferred and common stock, including any Paid - In Surplus, plus retained earnings.
It calls for a move from enforcement to prevention, from «animal control» to «animal services,» in an effort to break the cycle of unwanted, surplus companion animals, to make more effective use of citizens» tax dollars, and to reform legislation at every level.
The TaaS disruption will have enormous implications across the transportation and oil industries, decimating entire portions of their value chains, causing oil demand and prices to plummet, and destroying trillions of dollars in investor value — but also creating trillions of dollars in new business opportunities, consumer surplus and GDP growth.
You mean the last time we ran a budget surplus, the surplus Bush turned into trillions of dollars in new debt?
Sossin says that he hopes the money, comprised of surplus dollars from the law school as a result of a successful professional development program, will grow in future years.
In 1996, the premium - setting mechanism of the Employment Insurance Act was amended in a way that made possible the accumulation of surpluses totalling many billions of dollarIn 1996, the premium - setting mechanism of the Employment Insurance Act was amended in a way that made possible the accumulation of surpluses totalling many billions of dollarin a way that made possible the accumulation of surpluses totalling many billions of dollars.
Since then, Founders has grown into a multi-million dollar surplus company serving customers in forty - seven states and the District of Columbia.
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