Sentences with phrase «fiscal time bomb»

A sharply divided Congress is showing few signs that it can defuse the situation before the self - imposed fiscal time bomb explodes, in less than six months» time.

The findings, the think tank says, show that the «fiscal time bomb» often cited by pension hawks may no longer be an abstract concern.

And Trump's policies to date — a combination of deep tax cuts and sharp spending increases — are shortening the fuse on that fiscal time bomb, by dramatically widening the already unsustainable gap between revenues and outlays.

Not exact matches

Distressed at the thought of competition, the Chicago Teachers Union referred to the new program as a «ticking time bomb on a bus and driving through school districts throughout the state, creating even greater debt and fiscal distress.»