Not exact matches
He went deep into the red with
large deficits, but left the books virtually balanced after his Feb. 11
budget.
Capital flows into the US are strong because of low private savings and
large budget deficits in the US and elevated savings in China and other EM economies.»
In a commentary in The Wall Street Journal this week, former vice president of the Federal Reserve Alan Blinder writes that Trump's tax cut plans — the
largest of all the presidential candidates — would cost the nation $ 9.5 trillion over the next decade, which in turn would make the
budget deficit balloon to ruinous effect.
The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the
large annual
budget deficits projected under current law come to pass.
France has a
large current account
deficit, a significant
budget deficit and high debt to GDP.
For the government sector,
large federal
budget deficits are a constraint and fiscal policy is slowly shifting from an expansive policy back toward restraint.
Conversely, Ontario, which has by far the
largest deficit and debt, managed at least to keep its fiscal shortfall below what it said it would be in its 2012
budget, at nearly $ 12 billion rather than nearly $ 15 billion).
The House is further behind in the process, because of internal divisions, but it is improbable that the House will aim for a
budget resolution providing
deficits two - thirds
larger than the figure negotiated by the Senate majority.
Some advocates of helicopter drops have argued that central banks should «permanently» finance
larger budget deficits, but to some extent that misses the point.
This was not an issue when the federal government was in
deficit but became one once the
budget was balanced and annual surpluses,
larger than forecast, emerged.
These
large Rust - Belt metropolitan areas are collapsing under the weight massive
budget deficits and catastrophically underfunded public employee pension funds.
The second implication is that there likely will be upward pressure on interest rates as widening
budget deficits for 2018 and 2019 will cause a
larger supply of U.S. Treasury securities to be issued to fund rising U.S.
budget deficits.
Despite
large budget deficits in major countries, long - term rates of interest remain remarkably low.
A factor pushing yields higher in Japan has been the
large supply of bonds coming onto the market to fund the
budget deficit.
Currently the UK has a $ 243B annual
budget deficit that is slightly
larger on a % of GDP basis than ours — making the UK & the US the worst in the G20 group from a
budget deficit perspective.
However, we hope that the Minister will present a credible outlook for «other transfer expenses» in his upcoming
budget, which would then show a much
larger and credible improvement in the
deficit outlook between 2011 - 12 and 2012 - 13.
Chapman expects it will develop into a prolonged recession caused largely by the bursting of the housing bubble and the weakness in the dollar attributable to the United States»
large federal
budget deficit and international trade imbalance.
Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next rece
Larger budget deficits would mean
larger trade deficits with the attendant costs and less space for government to respond to the next rece
larger trade
deficits with the attendant costs and less space for government to respond to the next recession.
The two
largest contributors to the
budget deficit are the Bipartisan Budget Act of 2018 and the December 2017 tax bill — which will cost $ 190 billion and $ 230 billion next year, respect
budget deficit are the Bipartisan
Budget Act of 2018 and the December 2017 tax bill — which will cost $ 190 billion and $ 230 billion next year, respect
Budget Act of 2018 and the December 2017 tax bill — which will cost $ 190 billion and $ 230 billion next year, respectively.
A projected $ 6.1 billion
deficit in the NDP
budget is
larger than the $ 5 billion
deficit presented in the Tory spring
budget, which was tabled but never passed.
The stance of U.S. fiscal policy in recent years constituted a significant drag on growth as the
large budget deficit was reduced.
Greenspan says that interest rates will have to rise because of very
large budget deficits if big programs are not cut..
The
larger the capital inflows are, the easier it is to finance the government's
budget deficit at low interest rates.
We are likely to observe strikingly
larger budget deficits ahead for a while, but at the same time, the eagerness of investors to hold default - free paper is likely to be quite strong.
In particular, more than half of those surveyed knew who ran the oil well that exploded in the Gulf, that the
budget deficit is
larger now than in the 1990s, that Republicans were the big winners on November 2nd (though fewer than half know that they'll only control the House and fewer still can identify John Boehner as Speaker), that the U.S. has an international trade
deficit, and that unemployment is pretty close to 10 percent.
America's massive «military»
budgets, still on the rise, are beginning to threaten the U.S. with bankruptcy, given that its trade and fiscal
deficits already easily make it the world's
largest net debtor nation.
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
We can expect to inherit plans for further deep cuts to departmental
budgets at a time when the
deficit will still be very
large and the national debt rising.
Unfortunately, the UK was perhaps the most eager participant in this boom, with the most indebted households, the biggest housing bubble, the most over-leveraged banks and the
largest budget deficit of them all.
Arguably, a contracting economy would decrease the tax base, increasing the
budget deficit while at the same time decreasing the domestic market's ability to buy treasuries, leading to a
larger trade
deficit.
Stephanie Miner's final
budget as mayor of Syracuse forecasts an $ 18.5 million
deficit, the second
largest in her eight - year tenure.
«And it would lead to
large budget deficits, which fund many of the programs that people depend upon.»
SYRACUSE, N.Y. — Stephanie Miner's final
budget as mayor of Syracuse forecasts an $ 18.5 million
deficit, the second
largest in her eight - year tenure.
If approved, the health taxes in the
Deficit Reduction Plan and Executive
Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the
largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.
[187] In his annual
budget address on October 13, 2010, Daley projected a
deficit for 2010 of $ 655 million, the
largest in city history.
Cuomo begins his eighth year in office facing the
largest budget deficit since 2011.
In May 2010, Gordon Brown lost his first general election as prime minister as Britain totted up its biggest
budget deficit, due in part to a deeply unpopular bailout of two of the nation's
largest banks.
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.
In light of the considerable uncertainty around the economic and fiscal outlook, including the risks posed to economic recovery by ongoing financial tensions in the eurozone and against the backdrop of a still
large structural
budget deficit and high and rising government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.»
Now one of her challenges as governor will be grappling with a state
budget deficit that, by her calculation, will be much
larger if the courts overturn those reforms after a long legal battle...
Republicans say the
deficit could be as
large as $ 14 million by year's end — or 15 percent over the chamber's overall $ 91.9 million
budget.
Read below: POOR
BUDGET PRACTICES HURTING ROCKLAND COUNTY County Has Incurred
Large Debt and General Fund
Deficit Budgeting practices by Rockland County have left it with an accumulated deficit of more than -L
Deficit Budgeting practices by Rockland County have left it with an accumulated
deficit of more than -L
deficit of more than -LSB-...]
This is particularly important given the costs of the scheme, which include # 3.4 billion from the IT
budgets of local NHS trusts over the next ten years - a
large investment at the best of times, but particularly difficult for those dealing with million - pound
deficits.
This is the conclusion of my paper, Free Universities, that the government's claim that «our student finance reforms will deliver savings to help address the
large Budget deficit we were left» was disingenuous at best and that in fact the public spending crisis was used as an excuse to private higher education.
Silver also doesn't think the $ 350 million mid-year
deficit is sufficiently
large as to merit immediate action when the next
budget is just around the corner.
New York's expected
budget gap is growing
larger — a more than $ 4 billion
deficit heading into the next fiscal year now poses a challenge for Governor Andrew Cuomo and state lawmakers as they prepare to run for re-election.
Both Yonkers and Syracuse face
large budget deficits, while the public debt of the city of Utica and Rockland County have been downgraded.
New York is facing one of its
largest budget shortfalls in nearly a decade this year, and
deficits in coming years will get
larger and
larger — making life more challenging for lawmakers and Gov. Andrew Cuomo.
Morgan Stanley expects the British
budget shortfall to earn the dubious distinction as Europe's
largest in 2013 - 14, surpassing even the
deficit in troubled Greece.»
Its
Budget submission points out that in Canada, where decisive departmental spending cuts quickly reduced a
large structural
deficit in the 1990s, health and aid
budgets were cut like all others.