Sentences with phrase «future budget deficits»

It doesn't take an economist, however, to see that shrinking revenues and increasing expenditures are a recipe for future budget deficits and fiscal meltdown.

Concerned about the city's increased spending and possible future budget deficits, a majority of City Council members have appealed to Mayor Bill de Blasio to have his agencies evaluate their priorities and find ways to reduce spending before he releases his next preliminary budget.

It began with praise for the governor's efforts to continue a long term trend to balance the state's budgets, and to cut down on New York's formerly notoriously high future budget deficits.

All three leaders have «promised» that their policy platforms will not lead to future budget deficits.

Not exact matches

Then there's the national budget deficit, which adds to our national debt and will have to be handled at some point in the future.

The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet by reducing planned deficits in one year at the expense of deeper spending in future years.

Q: Will Congress» approval of trillion - dollar federal budget deficits this year and next and perhaps into the future be good for the economy?

We believe that action should be taken to eliminate this structural deficit, not only because it is unfair to future generations, but also because it would reduce the exposure of the budget to interest rate shocks and provide greater short - term policy flexibility.

The provision can not increase the federal deficit at some point in the future, beyond the typical 10 - year «budget window» that is used to evaluate legislation.

However, in August 2011 the long - term sovereign credit rating on the United States of America was downgraded to AA + from AAA by the Standard & Poor's ratings agency, reflecting increasing concerns about the U.S. budget deficit and its future trajectory.

The government's budget had less short - term impact on financial markets, but there is starting to be a clear pattern whereby the closing of the budget deficit (and the stabilisation of government debt) which were supposed to be achieved by 2015 are continuously being pushed further into the future.

But as our provincial credit ratings have been downgraded, it will be important for the current and future governments to implement policies that will actually address the government's significant revenue shortfall and growing budget deficit.

♦ Richard Vigilante is writing in National Review about the changing forms of liberalism and conservatism, and the last line makes this one worth citing: «The future of conservatism seems to lie in a concern for the state not of the deficit, or of the defense budget, but of the culture.»

Furthermore, if investment rates in the U.S. fall (as a result of decreases in investment by foreigners and rising budget deficits), the result will be slower growth in American productivity, which jeopardizes both near - term and long - distant future earnings.

To secure the future of England's largest arts festival by raising the # 20K deficit left in our budget from the loss of our headline sponsor

Future Deficits: The revenue and spending actions in the proposed Executive Budget reduce but do not eliminate out - year dDeficits: The revenue and spending actions in the proposed Executive Budget reduce but do not eliminate out - year deficitsdeficits.

One in five NHS hospital trusts is likely to report large budget deficits in the near future, with a «real risk» that many of them will fail, a new report warns.

Senate Democratic leaders have delayed consideration of the annual budget resolution until Congressional leaders and the White House agree to deficit reduction package, which is expected to set discretionary spending levels for fiscal 2012 and possibly for future years.

It gets worse in future budget years — deficits growing to $ 6 billion and then $ 8 billion.

[10][14] Key parts of his plans are for «governors to identify plans to erase budget deficits in future years,» to cap state debt, and to require excess surplusses to be deposited into the «rainy day fund».

She also said the town may have to pursue a deficit budgeting model in the future.

«We must adopt a proposal that solves the 2017 deficit, as well,» Fasano said, «And we must work together to substantially mitigate future shortfalls in 2018 and 2019 and implement long - term structural changes to the state budget.»

Nearly seven years after a state oversight board took over Nassau's finances because of a multimillion - dollar budget deficit and a credit downgrade, county executive candidates Jack Martins and Laura Curran say it's time for elected officials to take control of Nassau's fiscal future.

Day and Meyers both said they had no confidence the county was rectifying the spending side of the budget problems as things currently stood, and feared new deficits in the near future.

In addition to complicating Cuomo's campaign efforts — and the potential for a presidential run in 2020 that some political watchers see in his future — the trials could provide plenty of distractions as he and the state Legislature tackle a multi-billion budget deficit by the April 1 start of the new fiscal year.

Cuomo said his budget proposal due Feb. 1 will address the state's current and future deficits without raising taxes or borrowing.

Second, school budgets are going to be flat (or falling) for the foreseeable future — and looming deficits in retirement and pension funds almost certainly mean that the take - home pay of practicing teachers will see no real - dollar growth and could well decline.

The report goes on to explain that the new budget uses borrowing, one - time revenues, and fund transfers to close budget deficits and cover operating expenses and reports that, «By relying on these measures, rather than recurring revenues to close the state's budget gap... state policymakers have opened up a larger revenue hole in future budget years.»

More than 90 per cent of headteachers expect their schools to rack up an unmanageable budget deficit in the near future, a poll has revealed.

Due to the projected state budget deficit these separate appropriations in our current system are likely to be ignored and / or underfunded in the foreseeable future even though our standard requires that these student populations be taken into account.

As for the future, particularly the looming state budget deficit, Lanza warned that education is vulnerable.

Risking students» futures Like nearly all public school districts, Stratford faces a budget deficit created primarily by cuts in state aid.

We ended the 2016 school year with a deficit of over $ 200 million and anticipated ongoing deficits in future fiscal years, which led the Connecticut State Department of Education to lower its budget by $ 108.6 million, or 3.5 percent, despite growing student need.

US TNote Future — Dec 2009 Comment: Open interest highest in over a year as investorâ $ ™ s understand who (and why) would fund the US governmentâ $ ™ s ballooning budget deficit.

In expanding on his initial Tweet, Gross on January 10 described a 10 - 30 basis point rise for the year — hardly a market apocalypse — driven by rising inflation, reduced global central bank Treasury purchases, and higher US budget deficits.2 But even such a modest move could mean it ain't over for those persistent downside penetrations of support that have lately become routine in T - note futures.

Interest rates are determined by many things including expectations of future inflation, growth, and government budget deficits.

He said the Clinton Administration is planning to invoke the fate of future generations, just as he did to spur proposed solutions to the budget deficit.

We face future resource and environmental issues far beyond the Euro crisis or the US budget deficit.

This new economic strategy is necessary not just for short - term recovery, but for avoiding future credit bubbles and financial crises, slashing our trade and budget deficit, producing more innovative technologies to improve our everyday lives, and regaining our international leadership.

«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening labor market; limited labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior economist at realtor.com ®, in a statement.