Sentences with phrase «entire federal deficit»

Are you worried that the CMHC has more debt then the entire federal deficit?

Not exact matches

Long's release snarked that Gillibrand «took a break from her book club» (part of her Off the Sidelines campaign to get more women involved in politics) to tackle trade in hopes of deflecting attention from skyrocketing gas prices, the high unemployment rate, the growing federal deficit and lack of a federal budget for the past three years — the entire time Gillibrand has been a sentor.

So if a funding deficit arises in a TBP (because of underfunding, or lower - than - expected investment returns, say), part or all of it can be compensated for by reducing accrued benefits to employees whereas a traditional DB plan would require the entire deficit to be funded by increased contributions on the part of the employer — the federal government (and by extension, the taxpayer).