Sentences with phrase «federal deficits because»

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.

Not exact matches

Morneau can risk expanding the deficit because the federal government's debt - to - GDP ratio is a relatively paltry 30 %, about half of what it was in the 1990s when Canada faced a fiscal crisis.

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.

He said this year's budget is going to be a challenge because of a $ 4.4 billion deficit and the new federal tax cuts.

Do you think federal taxes need to be reduced or not because of the deficit situation?

PLATTSBURGH Gov. Andrew Cuomo said hammering out this year's $ 168.3 billion spending plan was tricky because of a $ 4.4 billion deficit largely caused by federal shortfalls.

The comptroller also alleged that, because a substantial portion of Health + Hospitals» revenue actions in its deficit reduction plan requires federal and state approvals, the city would probably have to increase its subsidy by $ 200 million in fiscal year 2017.

But Democratic leaders said Republican supporters were guilty of hypocrisy because they typically insist that any new program not add to federal spending deficits.

The Conference recognizes that the Congress enacted the Deficit Reduction Act of 1984 provision prohibiting the combination of Federal guarantees with tax - exempt debt, because of concerns that such a double - subsidy could result in the creation of a «AAA» rated security superior to U.S. Treasury obligations.

In addition, many experts forecast tax rates will increase because of the exploding federal deficit and the possible expiration of the tax cuts enacted in 2001.

Monetary Policy, Inflation and the Federal Deficit should cause you concern over your savings and retirement accounts because a «Bond Market Crash» will decimate your ability to retire for another decade.

So if a funding deficit arises in a TBP (because of underfunding, or lower - than - expected investment returns, say), part or all of it can be compensated for by reducing accrued benefits to employees whereas a traditional DB plan would require the entire deficit to be funded by increased contributions on the part of the employer — the federal government (and by extension, the taxpayer).

Rising interest rates alone would balloon the federal deficit, because interest payments on the massive outstanding government debt would skyrocket from today's artificially low levels.»

Because of the somewhat precarious Federal finances that may result from Trump's tax, military and infrastructure enhancement proposals, and budget deficits inherited from the Obama Administration, these increased revenues could be very crucial to the success of Trump's Administration as a whole and thus his chances for reelection in 2020.

This year is different, Giovaniello said, because as Congress discusses ways to reduce the federal deficit and whether to change the tax code, some of the government's longstanding incentives for home ownership, including the mortgage interest deduction and other provisions, will come under debate.

Because of the huge budget deficits the federal government assumed to stimulate the economy — now almost $ 1.5 trillion, up from $ 500 billion in 2008 — inflation can be expected to rear its head at some point, Yun says.

This year is different, Giovaniello said, because as Congress discusses ways to reduce the federal deficit and whether to change the Tax Code, some of the government's longstanding incentives for home ownership, including the mortgage interest deduction and other tax provisions, will come under debate.