Sentences with phrase «first year deficit»

That's doesn't include Obama's first year deficit budget, which was a carry over deficit from W's last year in office and was over by $ 1.3 Trillion and the debt ceiling was raised.

Not exact matches

As long as OPEC and Russia continue to curb production, «the market is likely to balance for the year as a whole with the first half in a modest surplus and the second half in a modest deficit
France, for example, is expected to exit this year the European procedure for «excessive deficit» for the first time in a decade as its public finances come within the rules.
The Penn model found that the bill would increase the federal deficit by $ 1.327 trillion over the first 10 years after it becomes law (not including debt - service costs).
Fedosejevs was part of a group of fusion researchers who requested $ 21 million from the Alberta government in 2009 to establish an Alberta - Canada Fusion Energy Institute, but their timing was poor, given that the province was about to announce its first budget deficit in 15 years.
Martin would be left with billions of dollars in unallocated revenue at the end of each fiscal year, which was first used to narrow the budget deficit, and then went toward the debt.
With the impending recession in Canada, this year's projected surplus will likely turn into Canada's first deficit since 1997.
Based on financial results for the first eight months of 2010 - 11 and adjusting for the large extra-ordinary liabilities booked in 2009 - 10, which inflated the deficit outcome for that year, the deficit for 2010 - 11 will be about $ 7 billion lower than forecast in the October 2010 Update.
For the first three months of fiscal year 2011 - 12, the federal government posted a deficit of $ 5.5 billion, down $ 1.7 billion from the $ 7.2 billion reported in the same period in 2010 - 11.
For the first eleven months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 5.6 billion, compared to a deficit of $ 11.5 billion for the same period in 2016 - 17 — an improvement of $ 5.9 billion.
They would reduce any projected deficit in the first two years but gradually worsen it in the outer years.
Titled «Building a Strong Middle Class» the 278 - page document is essentially a sequel to last year's «Growing the Middle Class,» with page after page reminding voters what the government did in its first big - spending, deficit - ballooning budget.
Under Bill C - 59, if the Minister of Finance tables a budget that projects a deficit or if a deficit is reported at the end of the fiscal year, the Minister must appear before the House of Commons Finance Committee within the first 30 days of the House of Commons sitting to explain the reasons for the deficit and present a plan for a return to balanced budgets.
For the first four months of fiscal year 2012 - 13 (April to July), the federal government posted a deficit of $ 3.0 billion, $ 2.9 billion lower than the $ 5.9 billion reported in the same period in 2011 - 12.
For the first eleven months of fiscal year 2013 - 14, the federal government posted a deficit of $ 5.4 billion, an improvement of $ 5.3 billion from the deficit of $ 10.7 billion reported in the same period in 2012 - 13.
For the first three months of fiscal year 2012 - 13 (April to June), the federal government posted a deficit of $ 2.0 billion, less than half of the $ 4.2 billion deficit reported in the same period in 2011 - 12.
For the first seven months (April to October) of fiscal year 2012 - 13, the federal government posted a deficit of $ 10.6 billion, down $ 3.3 billion from the deficit of $ 13.9 billion reported in the same period in 2011 - 12.
For the first two months of fiscal year 2013 - 14, the federal government posted a deficit of $ 2.7 billion, up $ 0.9 billion from the same period in 2012 - 13.
The December 2010 Fiscal Monitor shows the deficit for the first nine months of 2010 - 11 was $ 27.4 billion, $ 12 billion lower than reported for the same period last year.
The November 2010 Fiscal Monitor shows that the deficit for the first eight months of 2010 - 11 was $ 26.0 billion, $ 10.3 billion lower than reported in the same period last year.
For the first three months of fiscal year 2014 - 15, which ended March 31, the federal government posted a surplus of $ 400 million, an improvement of $ 3 billion from the deficit of $ 2.6 billion recorded in the same period in 2013 - 14.
For the first six months of fiscal year 2013 - 14, the federal government posted a deficit of $ 10.7 billion, an increase of $ 1.3 billion from that reported in the same period in 2012 - 13.
Financial results just released by the Finance department for the first eight months (April to November) of the 2014 - 15 fiscal year show that the federal government posted a deficit of $ 3.3 billion, an improvement of $ 10.1 billion from the deficit of $ 13.4 billion recorded in the same period in 2013 - 14.
For the first six months of fiscal year 2012 - 13, the federal government posted a deficit of $ 8.9 billion, down $ 2.9 billion from the $ 11.8 billion reported in the same period in 2012 - 13.
For the first five months of fiscal year 2011 - 12, the federal government posted a deficit of $ 10.7 billion, down $ 2.8 billion from the $ 13.5 billion reported in the same period in 2010 - 11.
For the first seven months (April to October) of the fiscal year 2013 - 14, the federal government posted a deficit of $ 13.2 billion, an increase of $ 1.3 billion from that reported in the same period in 2012 - 13.
For the first ten months of fiscal year 2013 - 14, the federal government posted a deficit of $ 10.5 billion, an improvement of $ 3.3 billion from the deficit of $ 13.9 billion reported in the same period in 2012 - 13.
In his first budget, the Finance Minister forecast deficits in the coming months and indeed years and deficits he will get.
As a result, for the first five months of the 2016 - 17 fiscal year, the federal government posted a deficit of $ 5.4 billion, compared to a surplus of $ 2.8 billion in the same period in 2015 - 16.
For the first ten months (April to January) of fiscal year 2012 - 13, the federal government posted a deficit of $ 13.4 billion, down $ 0.7 billion from the deficit of $ 14.1 billion reported in the same period in 2011 - 12.
For the first two months of fiscal year 2012 - 13, the federal government posted a deficit of $ 0.8 billion, down $ 1.1 billion from the same period in 2011 - 12.
The February 2011 Fiscal Monitor reports a deficit of $ 28.3 billion for the first eleven months of 2010 - 11, $ 12.3 billion lower than reported for the same period last year.
For the first two months of fiscal year 2011 - 12, the federal government posted a deficit of $ 3.3 billion, down $ 1.1 billion from the $ 4.4 billion deficit reported in the same period in 2010 - 11.
For the first eight months (April to November) of fiscal year 2012 - 13, the federal government posted a deficit of $ 12.4 billion, down $ 3.1 billion from the deficit of $ 15.5 billion reported in the same period in 2011 - 12.
During the first five years of the Obama administration, our deficit spending exceeded $ 1 trillion per year.
Greece is already managing to beat some of its deficit - reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.
For the first eight months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 9.1 billion, compared to a deficit of $ 12.7 billion for the same period in 2016 - 17.
Although a small surplus was recorded in the first two months of 2017 - 18, monthly deficits are expected for most of the rest of the fiscal year, given the impact of the measures introduced by the Liberal Government since the election of 2015.
For the first nine months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 8.6 billion, compared to a deficit of $ 14.0 billion for the same period in 2016 - 17.
As a result, for the first eight months of the 2016 - 17 fiscal year, the federal government posted a deficit of $ 12.7 billion, compared to a surplus of $ 1.0 billion in the same period in 2015 - 16.
Also in the hard - to - believe category is Alaska's plan to institute an income tax for the first time in 35 years to «close a $ 3.5 billion dollar deficit the state is carrying,» according to Zero Hedge.
As a result, for the first nine months of the 2016 - 17 fiscal year, the federal government posted a deficit of $ 14.0 billion, compared to a surplus of $ 3.2 billion in the same period in 2015 - 16.
Trade data for the same month revealed the country incurred its first trade deficit in local - currency terms since early 2014, mainly due to a surge in imports, although the figures were probably affected by the timing of the Lunar New Year holiday.
There would also be a 60 - vote point of order if the bill increased the deficit over the first five or first ten years, per the Senate «Pay as you go» (PAYGO) rule, unless the budget resolution repealed the Senate PAYGO rule or established an exception to it.
As a result, for the first seven months of the 2016 - 17 fiscal year, the federal government posted a deficit of $ 9.3 billion, compared to a surplus of $ 635 million in the same period in 2015 - 16.
For the first three months of the current 2016 - 17 fiscal year, the federal government posted a deficit of $ 995 million, compared to a surplus of $ 5.0 billion in the same period in 2015 - 16.
Moreover, U.S. growth tailwinds in coming quarters are powerful, as a result of massive deficit - financed fiscal stimulus now flowing into a closed output gap for the first time in near 50 years.
How about next year we park the bus at the Emirates in the first leg so we can go into the second leg without a deficit to make up for?
Just last year, Brady overcame a 28 - 3 deficit to surge back and beat the Falcons 34 - 28 in the first overtime in Super Bowl history.
Exactly 35 years prior, BYU upset Craig James and the SMU Mustangs for the first bowl win in school history, overcoming a 20 - point deficit in four minutes.
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