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.
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.
Following a few years of relative fiscal stability thanks to the economic recovery and bank settlements following the financial collapse, New York is staring down a
budget deficit of more than $ 4 billion, an amount that could be
grow because of cuts in
federal health care spending and the tax overhaul.
As you know, the significance of outyear
budget projections has been
growing in recent years, as Congress and the President seek, by somewhat different paths, to eliminate the
federal deficit and balance the
budget.
He does support cutting down on the
federal budget (meaning
federal education programs); for instance, he once complained, «An increasing
deficit and an ever -
growing 19 trillion dollar national debt, despite a volley of tax increases, prove this administration is committed to spending us into oblivion.»
The money supply has been
growing like a weed at the same time that the
federal deficit is shrinking — $ 148.5 billion through the first eight months of
budget year, down 34 % from last year.