(Thought: how do swaps on US
government debt pay off?
Not exact matches
He then turns to a related point, which is that the Fed is somehow «monetizing the
debt» — printing money so that the
government doesn't have to legitimately
pay off its obligations.
If the Fed were monetizing the
debt, then it would rip up the Treasuries it buys, so that the
government doesn't have to
pay them
off.
The
government will have trouble
paying off its
debts when they mature.
In addition, until you
pay off the tax
debt, the
government assesses interest and late penalties.
So the
debts ultimately either are
paid by the
government, or they're
paid by a huge transfer of property from debtors to creditors — or, the
debts are written
off.
What is most important to recognize about successful
government financial policy is that control of the money supply historically has been accompanied by control over the economy's
debt overhead, including the ability to write
off debts that could not be
paid.
Governments in Canada have taken steps to make student
debt easier to
pay off by increasing to $ 25,000 the minimum annual income that graduates must earn before they are required to start making payments towards their
debt.
Government debt rose in order to replace the shrinking of the non-financial corporate
debt (the
debt that drove their bull market) that was either defaulted on or
paid off.
They stand alone in Canada as having delivered five consecutive balanced budgets and have put our province in the unique position to
pay off the
government's operating
debt by 2021.
The legacy of US colonialism in Puerto Rico, and the island's current status as a US protectorate, has left the island's
government without the resources to provide basic services as it struggles to
pay off its
debts, and at the same time has made it nearly impossible to call on help from other countries.
If you're struggling to
pay off your
debt, you might want to consider signing up for a
government - approved credit counseling program to figure out what the best next step is for you.
His comment on Keynesian economics is in reference to the theory that
governments should spend more — even by running deficits — to stimulate the economy during hard times and
government should
pay off debt and prepare for future recessions during good times.
If the
government actually began to
pay off its
debt, the system could function only by greatly increased lending by the banks.
The drug lords have also bought limited public acceptance by sponsoring the national soccer league, diversifying into legitimate businesses, supporting charities and offering to
pay off the
government's $ 10 billion external
debt.
Our
government is borrowing 35 cents of each dollar it spends, leaving a
debt our grandchildren won't be able to
pay off, to buy votes for incumbents through entitlement programs.
More spending now,
paid for by more
government borrowing and higher
debt, would lead directly to rising interest rates and falling international confidence that would kill
off the recovery not support it.
«I think the reason we have an honours list is because over a period of
government, particularly a difficult
government in a coalition, a prime minister has to cajole and get the support of a number of people and he builds up a
debt of honour and I think that frankly, an honours list is a relatively light way of
paying it
off.
Mr. Speaker,
Government streamlined ESLA flows to accommodate all the existing legacy
debts (about GH cents 10 billion) owed by the energy sector firms to banks and suppliers, and took steps to issue an ESLA - backed bond to
pay off these
debts.
As for «
paying back the
debt» — unlike private citizens,
governments are immortal and never have to
pay off their
debt in full.
Cameron's old mate robustly defended the
government's track record on supporting teachers by
paying off some of their student
debt in bursaries and pointing out that teachers repay their
debt more slowly than higher earners.
The
government would need to decide what balance to strike in using these receipts, between reducing future taxes,
paying off national
debt and making further investment in future economic capacity.
If public sector workers are given a bigger
pay rise than the 1 % promised by the
Government, it will lead to «
debts ever larger for our children and our grandchildren to have to
pay off», a senior minister said.
Energy sector wide approach The Deputy Minister of Power, Mr John Jinapor, in his remarks, indicated that the
government had adopted the energy sector wide approach which involved consolidating all
debts by the power sector to
pay them
off.
Ms Burrow also warned against the dangers of austerity: «Given a choice of economic policies, two - thirds of people support
government action to invest in job creation to allow economies to grow and
pay off debts compared with less than one in four who want
debts paid off now by cutting back on
government spending.»
«Keeping the bridges within the control of the UK
Government, but scrapping the tolls as soon as any existing
debts are
paid off, is clearly the best outcome for Wales.
These are people who still do not accept either that the last
Government was responsible for the dire economic situation we inherited, or that Labour's spending plans would mean more borrowing, higher taxes and a level of
debt that even our children could never hope to see
paid off.
«The city was scheduled to
pay off its
debt in 2008, yet instead of spending cuts and shrinking
government, Bloomberg struck a deal to continue making
debt payments into the 2030s.»
Local authorities
paid off debts by using the Dedicated Schools Grant, the main source of income supplied by the
government to support the school budget.
Through this, the Federal
Government offers to
pay off 60 % of your nursing education
debt for two years of service at a qualified facility.
Governments in Canada have taken steps to make student
debt easier to
pay off by increasing to $ 25,000 the minimum annual income that graduates must earn before they are required to start making payments towards their
debt.
There are other possibilities: the
government could raise taxes dramatically and
pay off all existing
debts / claims.
The federal
government counts any cancelled
debt as a lump sum of money handed to you to
pay off the rest of the
debt.
We also have 200K in student loan
debt (which will be erased by the
government — theoretically — in 8 - 9 years due to the type / field of loan) and about 45K in credit card
debt (I know, but we are
paying it
off at approximately 2K / month)
It means there is an offset and the
government is going to take his refund to
pay off a
debt of some type.
Paying off student loans takes years, so it's good to know options that can help you out.One such option is student loan forgiveness for federal employees.The
government cancels out any unpaid
debts of qualified employees.However,... [Read more...] about Student Loan Forgiveness for Federal Employees
Now, hopefully most college graduates will be able to
pay off their loan in 20 years, but if times stay tough for them, the
government has added this little caveat to make sure that no one is
paying of their college
debt during retirement.
While you may be able to get student loan forgiveness by working for a non-profit or a
government agency, there may be an easier way to
pay off your
debt and still earn a good salary in your field.
Your federal student loans can be consolidated and
paid off through the
government's
debt relief programs at StudentLoans.Gov.
If you owe money to the
government make a point of
paying these
debts off first.
You are not AIG, Fannie, or Freddie so the
government won't be
paying off your credit card
debt to bail you out of financial trouble.
If you own property and you have equity, you can use a
Government Loan refinance to consolidate or even
pay off debts.
Traciatim, your assuming that the
governments debt won't get
paid off add another 30 % for
debt repayment..
And tragically, due to our ever - increasing national
debt (and the very real possibility of our
government «printing money» to
pay it
off), investors can no longer afford to ignore these risks.
There is no repercussion in place and now that the
government wants to be able to wipe out student loan
debt completely after 10 years (or something like that) there is even greater incentive NOT to
pay it
off.
There are programs offered by the
Government that allow students looking to
pay -
off their loans to do community service and / or teach in certain areas in exchange for eliminating their
debt.
With so many people unable to
pay off their student loan
debt, the federal
government has hired private
debt collection companies to go after those with delinquent student loan
debts.
If a
government can't «print money» to
pay off it's own
debts, then its borrowing capacity is becomes much more limited.
Financial help from
government are not checks you can use to
pay off your
debt.
All
government backed mortgage loans post foreclosure, short sale, deed in lieu, or a discharge of bankruptcy assume you have income to
pay off debts and stay afloat.