Sentences with phrase «faces soaring deficits»

Not exact matches

The danger the United States faces today is that the government debt crisis scheduled to hit Congress next spring (when Republicans are threatening to vote against raising the federal debt limit as the government deficit soars) will provide an opportunity for the wealthy to give a coup de grace on what is left of progressive taxation in this country.

The Lakewood school district, which annually faces budget deficits in part because of its soaring special education costs, makes up the bulk of that funding.