Sentences with phrase «fiscal year deficit»

Doing these fiscal year deficit mitigations every other month is just, it has to be done, but its not changing anything.»

For the coming 2012 - 13 fiscal year this deficit already estimated to be as high as $ 2.4 billion.

The coming 2012 - 13 fiscal year deficit could take a bigger hit due to declining revenues and the rough economic terrain here in the U.S. and across the globe, Comptroller Tom DiNapoli warned in a report issued today.

In the first four months of the current fiscal year the deficit widened to # 44.9 billion compared to # 35.6 billion in the same period last year.

Not exact matches

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

The IMF also estimates that consumer prices will climb by an astronomical 13,000 percent this year due to the monetary financing of large fiscal deficits and the loss of confidence in the country's currency.

The $ 665 billion deficit for fiscal year 2017 will rise to about $ 800 billion this year and jump to $ 1.1 trillion in 2019, a result of the last year's tax deal and an early 2018 spending...

Every government in Canada except Ontario has seen its deficit stay the same or deteriorate in the fiscal year that ended March 31, said TD Economics.

The U.S. government's fiscal deficit for 2017 was $ 665 billion and that is expected to rise to about $ 800 billion next year, jumping to $ 1.1 trillion in 2019, a result of last year's tax...

Eight out of 10 provinces are forecasted to register deficits in their 2011 - 2012 fiscal years.

Schumer urged devoting new revenues to deficit reduction instead, and advocated raising t ax rates o n the rich i n any deal to avoi d the fiscal cliff a pproaching at year - end.

Simply enter in your estimates for real GDP growth, GDP inflation, the 10 - year bond rate and your desired contingency reserve in the yellow cells, and the sheet will estimate the projected surplus or deficit for fiscal years 2015 - 16 through 2019 - 20.

By fiscal year 2014 - 2015, the deficit is supposed to be a manageable $ 1.8 billion.

For starters, Prime Minister Stephen Harper has promised to fight the federal deficit, expected to reach $ 56 billion by fiscal year - end, with «fiscal discipline» instead of tax increases.

Deficits will probably reach $ 1 trillion in the current or next fiscal year, almost double what the Congressional Budget Office had projected less than a year ago for 2018.

In the fiscal year that ended September 30, 2011 the deficit was $ 1.3 trillion, or 8.6 % of GDP.

And there's a bruising fight with Congress over spending and the federal deficit on the horizon, just days after Obama and Congress averted the fiscal cliff with a last - minute deal over the New Year's holiday.

U.S. budget: The group expects continued improvement in the federal deficit, which it sees shrinking to $ 460 billion next year from $ 483 billion in fiscal year 2014

The projected budgetary deficit in 2010 - 11 was revised down from $ 40.5 billion to $ 36.2 billion and in fiscal 2011 - 12 was revised upward from $ 29.6 billion to $ 36.2 billion, for a cumulative reduction of $ 1.6 billion over the two 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.

And the Congressional Budget Office projects a deficit of $ 642 billion for fiscal year 2013, that's down $ 200 billion, reports CNBC's John Harwood.

The best fiscal rules are more flexible, promising to keep the structural deficit in check, for example, or pledging to balance the budget over a number of years.

Ontario's Budget 2014 projected a $ 12.5 billion deficit for fiscal year 2014 - 15.

The deficit for the current fiscal year that ends in two weeks is projected to be $ 25.9 billion — exactly as forecast in the fall fiscal update but up significantly from the $ 21.1 billion posited by Flaherty in last March's budget.

The Byrd rule also prohibits initiatives that would increase the deficit beyond the fiscal years covered by the budget resolution.

As reported in the Annual Financial Report for fiscal year 2011 - 12, the deficit for In 2011 - 12 was $ 1.4 billion higher than estimated in the March 2012 Budget.

As you can see, although Alberta was the worst offender in terms of the discrepancy between how big the government predicted the deficit was going to be in fiscal 2013 ($ 882 million) and how big it expects it to be now ($ 3.9 billion), it is still the only province without net debt (that is the accumulated total of annual deficits, which, in turn, result from the government spending more than it generates in revenues every year).

The Chretien government, dealing with a fiscal crisis, set an explicit deficit target over a two - year period with a commitment to meet it, «come hell or high water».

The September financial results raise the question of what would have to happen over the remainder of the fiscal year in order to produce the November Update deficit forecast for 2012 - 13.

Lo, Alberta's budget showed that Ceci and Notley managed to shrink a $ 9.1 - billion deficit all the way down a mere $ 8.8 billion this fiscal year.

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.

Former federal minister Jason Kenney is newly installed in the legislature as United Conservative opposition leader, and should he win, as widely expected, he says he would set the province on a more aggressive fiscal reordering, eliminating deficits one year more quickly.

The year - over-year improvement in the deficit to date is $ 6.2 billion, whereas the November 2011 Economic and Fiscal Update estimated an improvement of only $ 2.4 billion for the year as a whole.

The new federal budget plan matters and is increasing defense and nondefense spending to the tune of $ 300 billion, which would put the fiscal year 2019 deficit at over $ 1 trillion or 6 % of gross domestic product (GDP).

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.

Chula Vista faced a $ 400,000 deficit this fiscal year, but a $ 1.6 million Federal Emergency Management Agency reimbursement from the January 2017 storm helped them balance the budget.

The fiscal picture has improved slightly since the fall economic update — this year's deficit is forecast to be $ 25.4 billion, down slightly from the $ 27.8 billion expected last fall.

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.

Mr. Martin averted a major fiscal crisis, eliminated the deficit in three years, reduced the government's debt, strengthened the Canadian banking system, and reformed the Canada Pension Plan.

In his November 2012 Economic and Fiscal Update, Mr. Flaherty forecast that the deficit would not be eliminated until 2016 - 17, one year later than forecast in his March 2012 Budget.

However, he does face the very difficult challenge of trying to fit a long list of very expensive election promises and commitments (e.g., eliminate the deficit in four years) into a fiscal framework that he can claim is realistic, prudent, fiscally sustainable, and transparent.

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 period April to March of fiscal year 2012 - 13, the federal government posted a deficit of $ 18.3 billion, down $ 3.2 billion from the deficit of $ 21.6 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.