Sentences with phrase «huge deficit»

The phrase "huge deficit" refers to a situation where a person, business, or government spends much more money than they have or earn. It means they owe a large amount of money and have a financial shortfall. Full definition
Why should you get off paying no taxes when our government is running huge deficits?
We'll need to fund our country's huge deficit at some point, right?
The city has seen huge deficits, high unemployment rates and cuts to police and education spending.
This forum board is dedicated to paying back debt, many people have already turned around huge deficits to pay back all they owe.
Fact is the system is broken and governments worldwide are running huge deficits.
Rep. Richard Neal says the Bush tax cuts benefited the wealthy the most, and the Reagan cuts left the U.S. with huge deficits.
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.
If you want to stabilize the cash flow in New York from huge deficits, you need to make a REGRESSIVE tax code, so that when the economy hits bad times, the number of taxpayers increase to compensate for the loss at the other end.
Ed Balls should make it absolutely clear that there is nothing responsible or progressive about running huge deficits when the money could be spent on schools, hospitals or pensions.
Even with wars and two recessions, we might have avoided today's huge deficits if GDP growth hadn't fallen to this frustratingly low plateau.
Governments across the country are amassing huge deficits with no clear path back to balance.
Superintendents are finding this as they discover huge deficits that nobody saw coming.
As the CBO has projected huge deficits PLUS huge debt roll - overs (average maturity down from 7 years to 4 years) up to at least 2019, do you think we could extend the» printing» by foreign central banks — CB's» buying» each others debt — for at least 10 more years?
Most are broke; some face huge deficits and — with close to two - thirds of governor's offices and thirty legislatures in GOP hands — they are utterly unlikely to raise taxes to fend off the impending funding cliff.
Rep. Richard Neal says Bush's tax cuts benefited the wealthy and Reagan's left the U.S. with huge deficits.
The US government is running huge deficits at a time that it should be retiring debt (or even saving) to enable it to meet the promises made for Medicare and Social Security.
«The central banks» plans for printing money to buy bonds from national governments running huge deficits can not be considered a long - term solution to debt problems.»
With such a huge deficit, higher yields might transpire for US treasuries, which would be very damaging for the recovery of the US economy.»
Since running these huge deficits, underemployment has grown, wages have been stagnant and growth has been low.
In the US, the huge deficits that followed on the heels of World War II saw inflation peak at almost 20 per cent in 1947.
I know you can not time the market but would it be better to wait to buy dividend stocks after the us decides to deal with our huge deficits which I would not think will happen until after 2014 election.I sure wish I bought in 3/09...
Interim Liberal Leader Bob Rae said the government is trying to persuade Canadians that it's a prudent economic manager, when it's actually trying to hide what's unfolding in Canada, including sluggish growth, huge deficits and major government cuts.
Let's explore the huge deficit with Canada first, is that all shale oil?
Now that they are calling the shots in Congress, huge deficits are suddenly en vogue and gigantic corporate subsidies are the order of the day.
Corporate tax cuts that lead to huge deficits could hobble the economy.
As Peter Bernholz notes in Monetary Regimes and Inflation, «there has never occurred a hyperinflation in history which was not caused by a huge deficit of the state.»
Hasn't it run up a huge deficit partly by buying cheap Chinese goods instead of American made products?
Where did Jesus say anything about running huge deficits to pay for the poor?
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.
a foreigners (Dutch) view; it would be seen as a big laugh but also a disgrace for America if Romney was elected; the Republicans never brought anything good for the USA and the rest of the world; look what Bush did; a huge deficit; a war with the wrong enemy and the Democrats had to clean up the mess again;
The huge deficit is because of not just increased spending, but lower tax receipts because the economy was horrible under Bush.
We have huge deficits and our middle class is going down while a few rich folks are becoming obscene.
Just take care of your game, avoid foul trouble, and they won't need to come back from a huge deficit.
Midway through the second half they overcame a huge deficit and finally took the lead..
Smith finished Game 4 with 23 points, six rebounds and three assists, with much of that production coming in the fourth quarter as the Rockets battled from a huge deficit.
Sociedad will be left with a healthier bank account but a huge deficit in their attacking ability.
The Citizens suffered a disappointing 3 - 0 defeat at Anfield in the reverse fixture, and they now have a huge deficit to make up in front of their faithful.
As for the pension fund, well, the fact that such a huge deficit has been cranked up under state control is another argument in favour of private ownership - not that, as we know, private industry is without blame when it comes to pensions, is it Lord Myners?
At a time when the state is facing a huge deficit, Paterson's office estimates the measure would raise $ 300 million over the next two years by levying a one - time franchise fee on grocery stores that wish to stock wines, plus projected increases in sales taxes after that.
«As long as it can be done without hurting the dignity and security that people have, given the huge deficit and economic strain the government is under, there might have to be some trimming,» he said.
Among the major areas of disagreement are the Senate's insistence — despite the huge deficit — on a politically popular property - tax rebate and a new Senate plan to lift the cap on the number of charter schools, which is strongly opposed by the teachers - union - friendly Assembly.
But New Labour's faith in the market meant it contributed to the deregulation that led to the 2008 banking crisis, one which even the former governor of the Bank of England, Mervyn King, admits was the real reason for the huge deficit inherited by the Conservative - led coalition.
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