Sentences with phrase «huge budget deficits»

Because of the huge budget deficits the federal government assumed to stimulate the economy — now almost $ 1.5 trillion, up from $ 500 billion in 2008 — inflation can be expected to rear its head at some point, Yun says.
Former Finance Minister Jim Flaherty, 64, who steered Canada through the global financial crisis and then nearly eliminated the huge budget deficits he had run up in the process, died today just weeks after resigning.
Adding that due to huge budget deficits inherited from the previous government, «we are unable to travel abroad without financial assistance.
There are huge budget deficits in the federal government.
As she took over as chief of the Chicago Public Schools three years ago, Barbara Byrd - Bennett was touted as an experienced administrator who was going to help the Emanuel administration turn around a system beset by a recent teacher's strike, huge budget deficits and pending school closings.
LA Unified is facing huge budget deficits in coming years, according to projections made by Chief Financial Officer Megan Reilly and an outside financial review panel.
Having huge budget deficits in our district challenged our decisions of trying to give our students the best opportunities with less money.
The European Monetary Union — the parent organization of the euro currency — faced similar challenges when leading countries such as France and Germany devalued the common currency by running huge budget deficits and amassing large debts.
In this liberal controlled state that is dominated by the greedy, corrupt public employee unions which cause the high tax rates and huge budget deficits for there outrageously generous benefit plans and inefficient work rules?
You simply can't plug the huge budget deficits looming in the years ahead without taking a bite out of Medicaid and, as sure as night follows day, picking a fight with Cunningham's chief client.
However with declining oil prices I can see huge budget deficits in countries like Emirates, Qatar etc..
On top of these problems, our state faces a huge budget deficit because our government has spent beyond its means for a decade.
Whatever the outcome of the election, one thing is for certain: Britain will have a huge budget deficit and the next government will have to tackle it.
Gov. Cuomo has OK'd a bill allowing suburban Rockland County to issue bonds to cover a portion of its huge budget deficit — without the customary mandate for a state...
New York Governor - elect Andrew Cuomo faces a huge budget deficit, expiring state worker contracts and other problems when he takes office in January.
Connecticut Democratic Governor Dannel Malloy is pushing back on allegations that his administration is holding off until after the November 8 election to let voters know Connecticut is facing huge budget deficit projections.
It was the latest briefing on NYCHA's controversial plan to build luxury housing on 15 parcels throughout Manhattan in order to narrow a huge budget deficit.
Saudi Arabia and the United States have a longstanding relationship dating back to the 1930s, when American businessmen first traveled Saudi Arabia has introduced new reforms to cut subsidies and perks to the royal family, as well as introducing VAT, to help cope with a huge budget deficit
Rih's new dude is Saudi heir Hassan Jameel — he's a PRINCE of Saudi Saudi Arabia has introduced new reforms to cut subsidies and perks to the royal family, as well as introducing VAT, to help cope with a huge budget deficit
Saudi Arabia has introduced new reforms to cut subsidies and perks to the royal family, as well as introducing VAT, to help cope with a huge budget deficit Meet elite men and women for dating millionaire singles and offers a pretty platform to help you find true love.
85, Ed.D.» 89, in which he led the group through a case study about the challenges Vicki Phillips faced when she became superintendent of the Portland, Ore. public schools in 2004, including a huge budget deficit and declining enrollment.
Moreover, the federal government's huge budget deficit and other pressing priorities — including the Iraq war, homeland security, tax changes, and Social Security — could take a big bite...
Meanwhile, given the nation's huge budget deficit, some lawmakers may object to the hefty price tag.
The huge budget deficit will make paying for this very difficult.
But ambiguous actions like «provide for effective teacher hiring and recruitment... and retention practices» leaves one wondering if this is just a euphemism for salary and benefit increases (at the same time the district is offering every single parcel of «excess» property it owns for sale in an effort to balance it's huge budget deficit, really?).
As a result of inadequate funding and poor management, Barnes left a huge budget deficit in place when he moved on to become Malloy's budget director.
He ran a huge budget deficit but made up for it with profits from his coal exports.
It is all the more galling then that, despite the huge budget deficit, UK taxpayers are being asked to bail out the oil sector, which for years has failed to put in place a sustainable strategy resilient to changes in demand and price volatility.
California is facing a huge budget deficit as it is, something like $ 35 billion, and a multibillion dollar suit against CARB is the last thing the state needs — especially one that the Renewable Fuels Association and Growth Energy are likely to win.
Despite concerns about the negative long - term effects of federal stimulus efforts - including the impact they will have on the country's huge budget deficit - the U.S. government continues to take action to help spur the economy.

Not exact matches

The U.S. government's huge and growing budget deficits have become gargantuan enough to threaten the great American growth machine.
At the same time, however, the enormous increase in government liabilities stemming from an ongoing budget deficit and huge financial rescue efforts is likely to result in normal if not elevated levels of inflation as the economy recovers.
President Donald Trump on Monday will offer a budget plan that falls far short of eliminating the government's deficit over 10 years, conceding that huge tax cuts and new spending increases make this goal unattainable, three people familiar with the...
Its easy to criticize the guy who is forced to cut services / monies to balance the budget but the harsh reality is that we have huge deficits and can not sustain our current spending.
David Paterson's security chief to pressure a witness not to file an assault charge against a key aide; and a secret attempt to slip huge pay raises for police brass into the state's deficit - plagued budget.
«Every opportunity is being given for military personnel to retrain either for alternative roles in the armed forces or in civilian life, but the simple fact is we have to tackle the massive deficit we inherited from Labour and the huge black hole in the defence budget,» he explained.
The Republican led the county from 2000 - 2007 and is known in part for introducing two budget proposals for 2005, called the Red - Green budget, with the municipality facing huge deficits.
«New York State deserves a share of this huge windfall to close the budget deficit and return some of taxpayers» hard - earned money to ordinary New Yorkers.
The lack of any significant advantage for either party, Malloy's status as an unpopular lame - duck governor who isn't seeking re-election next year, and the huge deficit forecast have all contributed to the ongoing budget gridlock.
«Without increasing taxes or making huge cuts to services there has to be something in the budget that will allow her to close the deficit,» Andrews says.
But what is so absurd about these flights of wishful thinking is that there is not a single word about the real lessons which Labour needs to learn — the need for radical banking reform, the need for a massive revival of British manufacturing (when this year the UK deficit on traded goods is likely to exceed the entire UK budget deficit), the need to take back public control of the NHS and education system, the need for a jobs and growth strategy rather than a programme of endless cuts, the need for an effective anti-poverty strategy and a huge reduction in inequality.
It's proving to be a viable, low - cost strategy that could substantially help overcome the huge, recession - driven deficits in education budgets across the country.
He then argues that unless the federal government is very careful, the forces and factors that led to these distressing spending patterns — like huge state budget deficits, local resistance to federal education guidance, and interest group focus on jobs — could similarly influence the Race to the Top, compromising its ultimate impact.
And CPS faces another huge deficit in next year's budget.
US politicians seem to be ignoring the HUGE government budget deficit and national debt (on both sides of the aisle they spout rhetoric but no one seems able to find a compromise — and isn't that what leadership is really about?)
«The large 2001 Bush tax cuts, for example, fueled income inequality while triggering huge federal budget deficits.
In 2010, George Osborne presented an austerity budget to the House of Commons claiming that the country faced an economic crisis with an unsustainable public debt, then at 64 % of GDP, and a huge deficit, and that this was the fault of the outgoing Labour government, which had caused the 2008 financial crash due to profligate public spending.
Every couple of years, the Louisiana legislature discusses a tax on services to help close the budget deficit, and every time, the Louisiana REALTORS ® fight back to protect consumers from a huge increase in costs to get in to a new home or business property.
«The huge federal budget deficit is likely to push up borrowing costs and raise inflation well above 2 percent,» he said.
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