Sentences with phrase «federal bailout funds»

It means saving a debt dynamic that must grow exponentially at the economy's expense, absorbing more and more federal bailout funds and hence crowding out the spending needed to revive the economy.

Not exact matches

In this op - ed, Environmental Defense Fund's Dick Munson explains how FirstEnergy's federal bailout request poses a serious threat to competitive, clean energy, and why FirstEnergy's attempts to block the sun and stop the wind present an existential threat.

Promptly after, the hedge fund would lose $ 4.6 billion in four months in the aftermath of the Asian financial crisis, requiring a bailout from the Federal Reserve and various banks.

On Bloomberg television last week, James B. Lockhart III, the former head of the Federal Housing Finance Agency (Fannie and Freddie's regulator) commented on the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen again.

Geithner's history as New York Federal Reserve Chair, co-architect of the $ 700 billion bailout, and having a background in the International Monetary Fund means he has had a more important role than many.

This week, we received approval to draw down on the first tranche of our Bailout Funds from the Federal Government.

Stressing that the temporary reliance of the state government on federal government bail out funds for the payment of salaries was not peculiar to the state, the statement said many others, including those controlled by the opposition PDP, had received bailout for salary payment.

The state government had summoned the labour leaders in the state following Federal Government's recent bailout, directing them to suspend the strike since the FG had rescued the state and that in no distant time, fund would be available for salaries.

«Yet those governments were the brains behind bailout fund that you have collected, they did the projects that Federal government paid for in your time.

«The Federal Government has been friendly to workers to the extent that it even went ahead and initiated the bailout fund.

This declaration arose as a result of the fact that Osun State House of Assembly had directed some government officials and organisations to appear before it for the probe of the N34.9 billion bailout fund given to the state by the Federal Government.

Maintaining that the bailout is different from the regular federal allocation that can not be monitored by the allocating authority, it accused Fayose of playing with facts and the law to avoid scrutiny on how he spent the special funds specifically approved to pay backlog of salaries, pensions and other entitlements to former political office holders.

Wabba wondered why the Federal Government would still commit N38bn of public funds as bailout to the electricity distribution companies, which were almost becoming comatose, to procure meters.

The source further said the State Commissioners of Justice and Finance; Mohammed Ibrahim and Idris Asiwaju, were also slated to testify before the House of Assembly how the state government utilized the bailout funds and the two tranches of the Paris - Club loan refunds received from the federal government.

The ICPC boss also revealed that the anti-graft agency would soon publish a new report on how state governments spent the bailout funds they received from the Federal Government.

As for filling the hole of unfunded liabilities, there's little choice but to raise contribution rates for teachers, to increase districts» contribution rates (which decreases funds for students) or to seek bailouts from states or the federal government (otherwise known as the «charge - it - to - taxpayers» gambit).

House Education Committee Chairman John Kline (R - MN) was critical of last year's $ 10 billion Edujobs funding, arguing that a teacher bailout wouldn't create permanent jobs and that supplementing state budgets only postpones tough decisions while making states more dependent on the federal government.

Tags: bailout, Clinton, federal funds rate, Federal Reserve, financial, mortgage rates Posted in Weekly Wrap - Up 1 Commentfederal funds rate, Federal Reserve, financial, mortgage rates Posted in Weekly Wrap - Up 1 CommentFederal Reserve, financial, mortgage rates Posted in Weekly Wrap - Up 1 Comment»

That means the federal government must step in with a taxpayer - funded bailout when banks, through risky practices, face business failure.

After the FHA in late 2009 reported to Congress that it would miss a target on one of its reserve funds, some analysts in the media raised concerns that the agency is following the path of subprime lenders and was next in line for a federal bailout.