Sentences with phrase «huge federal budget»

«The huge federal budget deficit is likely to push up borrowing costs and raise inflation well above 2 percent,» he said.

«The large 2001 Bush tax cuts, for example, fueled income inequality while triggering huge federal budget deficits.

Not exact matches

Cuomo has long warned that deep cuts to federal health care spending could rip huge holes in the state's budget and devastate health care coverage for New Yorkers.

And even so, the House still fell so short of funds that its plan could result in huge automatic federal budget cuts next year.

But the comptroller says potentially huge cuts from the federal government present the biggest threat to the state budget.

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...

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.

That's a huge expansion of federal higher education spending; for comparison, the Congressional Budget Office projects that the Pell Grant program, the biggest part of the federal financial aid budget right now, will cost $ 380 billion over the next 10 Budget Office projects that the Pell Grant program, the biggest part of the federal financial aid budget right now, will cost $ 380 billion over the next 10 budget right now, will cost $ 380 billion over the next 10 years.

Various budget realities, including huge costs associated with the aging and retirement of the baby boom generation, will make it difficult for the federal government to sustain low tax rates.

There are huge budget deficits in the federal government.

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.

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.