That means that either Gingrich would have to find huge new spending cuts over and above those in the Ryan budget (which he has shown no inclination to do) or
else borrow more money that we don't have.
Not exact matches
In responding to the test question above, low performers were identified as being less likely to report that they would not go ahead and buy the item, and
more likely than the high performers to report that they would try and
borrow money or buy the item with
money earmarked for something
else.
I've little compunction about slurping at the public trough like everybody
else once politicians who didn't earn my vote have decided to
borrow even
more money from the Chinese to buy yet another bucketful of «slop.»
A high interest rate means that
more money is going into someone
else's pocket, and not reducing your principal (that's the amount you originally
borrowed).
After retirement has begun, then (only) the annual cash flow surpluses from the Cash Flow Projector can be controlled the same way (deficits become part of the income goal so they go away, unlike the accumulation phase where if you spend
more than you make in a year, then it either came from spending savings,
borrowing, bumming the
money from someone
else, etc.).