Sentences with phrase «federal budget deficits»

Practitioners who must deal with buyers» dismay over ever - increasing municipal taxes and decreasing services know the true cost of federal budget deficits, which trickle down to already strapped state budgets.

Mortgage interest rates are expected to rise, too, as the already tight labor market constricts further and as federal budget deficits grow, further dampening the market.

«The large 2001 Bush tax cuts, for example, fueled income inequality while triggering huge federal budget deficits.

While it wouldn't obliterate our federal budget deficits or cut the unemployment rate next month,...

For decades now, year - on - year federal budget deficits have resulted in an out - of - control federal debt load, which represents a clear and substantial danger to current and long - term viability and stability of our Republic.

These include: For decades now, year - on - year federal budget deficits have resulted in an out - of - control federal debt load, which represents a clear and substantial danger to current and long - term viability and stability of our Republic.

But several conservative Republicans, including Harris, believe the debt ceiling should be raised only if it comes with spending controls to reduce federal budget deficits.

The GOP bill including some changes would increase federal budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation estimates shared by the nonpartisan Congressional Budget Office.

For the government sector, large federal budget deficits are a constraint and fiscal policy is slowly shifting from an expansive policy back toward restraint.

If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years — reaching the highest level of debt relative to GDP ever experienced in this country.

Q: Will Congress» approval of trillion - dollar federal budget deficits this year and next and perhaps into the future be good for the economy?

Democrats call the Republican proposal a giveaway to corporations at the expense of the middle class, issuing dire warnings about the $ 1 trillion or more it is projected to add to federal budget deficits over a decade.

And late last year, the Republican tax cut was enacted that will add more than $ 1 trillion to federal budget deficits over a decade.

It changes numerous deductions and tax breaks and is expected to add $ 1 trillion or more to federal budget deficits over a decade, according to congressional estimates.

Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.

According to Congressional Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.

Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.

Others, like Sens. Jeff Flake and Bob Corker, wavered over the amount by which the bill is expected to raise the federal budget deficit.

A senior Democratic aide said the party's position is that emergency spending need not be offset by cuts elsewhere in the federal budget, making Pelosi's statement a challenge to Republicans who have insisted that previous aid packages not add to the federal budget deficit.

And, thanks to the new tax law, it is plausible that the federal budget deficit could double to $ 1.25 trillion in the fiscal year that begins in October.

The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.

Chapman expects it will develop into a prolonged recession caused largely by the bursting of the housing bubble and the weakness in the dollar attributable to the United States» large federal budget deficit and international trade imbalance.

Forecasters tended to overestimate the drag from federal budgets deficits during the late 1980s, the banking crisis in the early 1990s, and most of the subsequent crises that we faced during the past two decades.

Fiscal policy has become more expansionary over the past year, with the recent fiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent in 2002.

This financed the domestic U.S. federal budget deficit, which stems largely from the war in Iraq that most foreign voters oppose.

The congressional Joint Committee on Taxation analysis showed the Senate plan would add $ 1 trillion to the federal budget deficit.

It also includes cuts to non-defense spending designed to lower the federal budget deficit by more than $ 3 trillion over the next decade.

would roll back the Republican plan after two years if promised economic growth does not materialize and the federal budget deficit continues to expand.

The national debt is the total amount owed by the government and should not be confused with the federal budget deficit, the annual amount by which federal spending exceeds revenue.

While voters are nearly evenly divided between the two candidates on most issues, Hayworth is viewed as stronger on taxes and the federal budget deficit in a district that favors repealing health care and retaining the Bush tax cuts for the wealthy.

Obama can say that he reduced the federal budget deficit from 9.8 % of GDP in Fiscal Year 2009 under Bush, to 2.9 % of GDP in FY 2014.

Republicans forget that the 40th president raised taxes 11 times and nearly tripled the federal budget deficit.

It's too bad Rep. Ryan didn't do as thorough a job of vetting Malpass as he did analyzing our federal budget deficit and devising ways to cut spending.

As to threats from the administration of President Donald Trump, de Blasio said Trump's tax law favors wealthy individuals and that it increases the federal budget deficit.

Voters say Slaughter will do a better job in Washington representing them on health care, education and the war in Afghanistan, and they are more closely divided on whether she or Brooks would serve them better when it comes to jobs, taxes and the federal budget deficit.

Voters surveyed said Collins, a businessman and former Erie County executive, would do a better job representing them than Hochul on the issues of jobs and the federal budget deficit.

The collapse of the bipartisan congressional supercommittee's effort to agree on a plan to slash the federal budget deficit isn't just a defeat for congressional Republicans who, as AFT President Randi Weingarten said, «insisted on protecting the 1 percent from any additional taxes.»

President Barack Obama met with Senate leaders yesterday to jumpstart stalled budget talks, but do voters nationwide agree with how the president is handling the federal budget deficit?

Those who objected say the charitable giving incentives would help inflate an already large federal budget deficit.

It now seems likely that mundane terrestrial concerns — the federal budget deficit — will force NASA to postpone the Europa mission indefinitely.

The economy is only now recovering from bad times, and there is great pressure to get the federal budget deficit under control.

And almost immediately, Mr. Jones found himself representing the department in highly publicized Cabinet meetings last week devoted to discussions of the federal budget deficit and the need to trim federal spending.

Lobbyists and Congressional aides were quick to caution, however, that the $ 17 - billion figure for fiscal 1985 was «extremely soft» and that House and Senate plans to reduce the federal budget deficit remain quite fluid.

Instead of pumping billions into job training, financial aid for college students, and other education programs, Mr. Clinton became obsessed with cutting the federal budget deficit, according to Robert B. Reich, who resigned as labor secretary earlier this year.

The measure also contains language that commits Mr. Clinton to work with Congress toward passing legislation this year that would erase the federal budget deficit by 2002.

The automatic cuts to education and many other federal programs, known as «sequestration,» were intended as an incentive for lawmakers to reach an agreement on lowering the federal budget deficit by $ 1.2 trillion, but were triggered when Congress failed to do so in late 2011.

According to the Department, the requested 15 percent reduction would «provide significant resources to support CTE programs while also maintaining the fiscal discipline necessary to support the President's goal of increasing support for national security and public safety without adding to the Federal budget deficit.»

Also helpful for students will be the reinstatement of summer Pell grants, federal financial aid for low - income students, which President Obama ended four years ago as a wat to reduce the federal budget deficit.

Q: During the debates about the Federal Budget deficit, there was a lot of talk about eliminating the mortgage interest deduction.

There is still too much concern about the stability of the U.S. economy with unemployment still so high, along with the federal budget deficit.