Sentences with phrase «federal deficit»

The bill is estimated to increase federal deficits by $ 1.4 trillion over 10 years — though its backers say it would ultimately prompt enough economic growth to cover those gaps.

The result: a need for greater private - sector financing of federal deficits.

Yeah, its a mess so big out there that we need numbers larger than our astronomical federal deficit to assign any useful magnitude to it all.

The result: a need for greater private - sector financing of federal deficits.

CBO and JCT estimate that enacting the legislation would reduce federal deficits by $ 337 billion over the 2017 - 2026 period.

CBO and JCT estimate that enacting this legislation would reduce the cumulative federal deficit over the 2017 - 2026 period by $ 321 billion.

The Congressional Research Service reported that, over the next decade, a relatively modest carbon tax could cut the projected federal deficit in half.

Ottawa says federal deficit for 2016 - 17 was $ 17.8 billion, CTV News Ticket tossed: Stopped for driving 1 km / h over speed limit, «disrespecting» officer, CTV News

But his ambitious plan alarmed lawmakers who worry about ballooning federal deficits.

With a trillion - dollar federal deficit at the forefront of legislators» minds, a clamp on spending is not as surprising as the unusually hands - on way in which the NIH portion of the House bill is written.

The report from the Congressional Budget Office also said federal deficits would fall by $ 119 billion between 2017 and 2026 under the bill, which was approved this month by the Republican - dominated House of Representatives.

That is almost exactly the same amount as what the U.S. Congressional Budget Office estimated the recent Tax and Jobs Act would cost, in the form of an expanded federal deficit.

CBO and JCT estimate that enacting that version of H.R. 1628 would reduce the cumulative federal deficit over the 2017 - 2026 period by $ 119 billion.

The government needs to sell more and more to finance a growing federal deficit due to diminished tax revenue (thanks to the tax cuts), increased spending (thanks to the recent 2 - year budget agreement) and less buying from the Fed.

The former Massachusetts governor told an audience of more than one thousand people that Santorum was not a fiscal conservative, and accused him of contributing to the rising federal deficit during his time in the Senate.

One Republican fiscal hawk, Senator Bob Corker, has already said he can not support tax legislation that adds to the annual federal deficit.

In other words, GDP economic growth would have been negative in every year following the crisis were it not for massive federal deficits.

Fiscal expansion is typically stimulative and the tax cuts expand the US Federal deficit by $ 1.5 trillion over ten years, with much of the stimulus coming in the early years.

The Congressional Budget Office and the Joint Committee on Taxation have estimated the bill would slash federal deficits by $ 337 billion between 2017 - 26.

But today's record federal deficit, along with the demands of homeland security in the era of terrorism, and of food safety in the era of mad cow disease, do not augur well for hopes that Congress will come up with any substantial additional funding in other research fields.

These increases appear to reflect concerns about large federal deficits but also other causes, including greater optimism about the economic outlook, a reversal of flight - to - quality flows, and technical factors related to the hedging of mortgage holdings.

Still, while long - term bond interest rates have recently drifted up — with investors expecting higher inflation and federal deficit expansion under a Trump administration — rates remain at historic lows.

Ultimately, who wins the 2012 election, how emergent mass movements shape pending legislation, how the Dodd - Frank and health care reform acts are enacted, how federal deficit reduction affects government office space, how the tax code changes and how government policy affects the economic recovery will be key questions over the coming months and years.

Finance Minister Jim Flaherty, who ran a projected $ 56 - billion federal deficit last year, recently softened his stance on stimulus along with his deadline to get back to balance, but even little trims hurt.

The Conservatives report focussed in on the fiscal anchors that the Liberal's committed to in their election platform: run temporary federal deficits of no more than $ 10 billion; reduce Canada's debt - to - GDP ratio annually to 27 % by 2019 - 20; and to balance the budget in 2019 - 20.

The main reason most expect inflation to resume, however, is because of all the money that's being pumped out by the Fed and other central banks as well as the Treasury to finance the mushrooming federal deficit.

That will go a long way in offsetting federal deficits and debt.

Assume that frightening federal deficits force reductions in the rate of increase in Pentagon spending for the next fiscal year.

She continually reminds New Yorkers that Ronald Reagan was right: we do not have federal deficits because the American people are undertaxed; we have debt and deficits because the government spends too much.

Who: The Blue Dogs What They Want: This group of about 50 House Democrats is dedicated to lowering federal deficits and creating greater health - care cost controls (though not necessarily reducing spending in their districts).

They seek every opportunity to make deep cuts to services that support low - and middle - income families, children, older adults, and people with disabilities, predictably citing the soaring federal deficit exacerbated by the outlandish $ 1.9 trillion in tax cuts — 80 % of which will flow to the top 1 %.

With high unemployment, wars, lofty federal deficits and other problems, Washington should be focused on the nation's business, not a reckless exhibitionist who lacks the sense to pursue his fantasies discreetly or address them honestly.

If adopted on a large scale in New York and California, the measure would sabotage Trump's federal tax law by sapping its revenue stream while compounding federal deficits years down the road, according to the tax experts.

McClatchy: Senate girds for Saturday vote and long battle on health care The Senate Thursday began what promises to be a bitter, lengthy battle over the future of health care in America, and taxes, abortion, affordability and federal deficits emerged as key flashpoints.

Hefty federal deficits in Canada and the United States pose a significant threat to fundamental, basic research as some policymakers seem to value near - term, industry - focused science more highly.

Among them: job drought, debt hangover, the banking collapse, the real estate depression, the healthcare cost explosion, and the runaway federal deficit.»

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

With the U.S. federal deficit completely out of control, the economy in a steady decline, and a populace which is increasingly skeptical of the claims of environmentalists, Americans have good reason to ask why they should be asked to solve a problem which they do not think exists by giving money which they do not have to aid countries that are not grateful for what they have already been offered.

The mounting federal deficit, the long - term healthcare crisis and the uncertain future of Social Security and Medicare have put the government safety nets deep in the hole.

The proposal, worth $ 4.4 trillion overall, outlines steep cuts to domestic programs, large increases in military spending and a ballooning federal deficit that illustrates how far Republicans have strayed from their longtime embrace of balanced budgets.

Under current law, the individual mandate and its associated penalties increase federal deficits by encouraging people to obtain subsidized coverage — through Medicaid, the health insurance marketplaces established under the ACA, or employment - based plans (which receive indirect subsidies to the extent that premiums for that coverage are excluded from taxable compensation).

On Monday, Scotiabank became the latest bank to forecast a bigger - than - expected federal deficit for 2016 - 17.

The report paints an unrelentingly bleak picture of federal deficits, which would permanently breach the $ 1 trillion mark in 2020 unless Congress stems the burst of red ink.

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.

President Barack Obama discusses the debt limit and federal deficit during a news conference in the East Room of the White House in Washington, June 29, 2011.

He says that any discussion of preserving government support for academic research must wait until after the country's politicians get serious about eliminating the $ 1 trillion annual federal deficit and whittling down the nation's $ 16 trillion debt.

Today, however, those taxes have been cut, along with dividend taxes and the massive federal deficit has begun to wreak havoc on the states» budgets.