Sentences with phrase «from unsustainable debt»

With both the House and Senate having approved budgets, and the President now having submitted his own, we continue to urge the nation's leaders to come together and negotiate a major long - term budget agreement that not only protects coming generations from unsustainable debt but also ensures our ability to invest in their future.

Not exact matches

Some, like Veritas analyst Dimitry Khmelnitsky, suggest that Valeant's debt levels and cash flows are unsustainable without near - constant acquisitions: «Valeant's organic revenue growth disclosures thus far have been piecemeal, inconsistent and confusing,» wrote Khmelnitsky in a note from 2012.

Without a massive transfer of wealth from the state sector to the household sector it will be impossible, I would argue, for GDP growth rates of anything above 3 - 4 % — and perhaps even less — to occur without a further unsustainable increase in debt, whether that increase occurs inside or outside the formal banking system and whether or not discipline has been imposed on borrowers.

It is important to understand how debt payments are managed in order to recognize that whether or not China's debt burden is socialized has very little to do with the resolution of China's debt burden (aside from the fact that it never was «off» the government balance sheet in any meaningful way), just as analysts must recognize that an unsustainable increase in debt is embedded into China's current growth model, and is not an accidental bit of bad luck.

In particular, a massive overhang of debt from a decade - long boom when economic growth was based on unsustainable household borrowing, unrealistic house prices, dangerously high banking leverage, and a failure of governments to put their public finances in order.

The Reform Party of New York State represents the interests of voters who are concerned with out - of - control spending, growing budget deficits, an unsustainable national debt, as well as gross mismanagement in government and unethical behavior from elected representatives.

The announced intention to borrow an additional $ 1billion from the capital market this year should be shelved because it would only be achieved at very high cost which would worsen the fiscal and current account situation and make Ghana's debt unsustainable.

The University and College Union (UCU) General Secretary Sally Hunt, said: «Successive Governments» efforts to transfer the bill for higher education teaching onto graduates have created unsustainable levels of debt, with students from low and middle - income backgrounds being hit the hardest by the repayment burden.

Students and those from low - income areas, neither of whom had much experience with credit, would sign up for credit cards and spend their way into unsustainable debt.

«High levels of debt combined with low salaries make legal aid work unsustainable for those from lower socio - economic backgrounds» concluded a 2013 study by the Young Legal Aid Lawyers (YLAL).

(1) High levels of debt combined with low salaries make legal aid work unsustainable for those from a lower socio - economic background

The move to shutter about 20 percent of its U.S. store base, which needs court approval, comes four months after the world's largest toy chain filed for protection from its creditors, a response to years of lackluster results and an unsustainable $ 5 billion debt load.