Sentences with phrase «larger government debt»

«The U.S. stands out in the global context [for] an unusually high ability to carry a large government debt burden,» the study states.
The fear is that Japan, with the largest government debt burden (relative to its GDP) in the industrialized world, could end up facing a euro - zone - style debt meltdown.
Further, the prospects for Japan's economy are poor due to its large government debt and ageing population.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.
«When outstanding debt is large, the government has less flexibility to address financial and economic crises,» the CBO report said.
It won't be easy considering some of the larger events taking place around us: the ever - shifting European debt crisis, Congress» inaction on deficit reduction, and a general government stalemate here at home.
«If somebody is next, the next country would be Italy,» Alexander says — a G7 economy and the world's third - largest issuer of government debt.
Most outside economic analyses say the type of tax cuts being promoted by Trump would likely fuel even larger deficits for a federal government already projected to see its debt steadily rise.
Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.
China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.
Puerto Rico is grappling with the largest municipal debt crisis in U.S. history, with both its government and the public utility having filed for bankruptcy protection amid fights with creditors.
I mean, our government debt is almost as large as it was at the end of World War II, relative to GDP.
This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.
The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government on shadow banking that has given them an edge over smaller peers.
In fixed income, the equivalent process is issuance - weighting, whereby the country, government agency or company that issues the most debt receives the largest weight.
In addition, large, broad - based indexes such as the Barclays Aggregate Bond Index have become less diversified over time, and now are dominated by U.S. government and agency debt.
Economic developments determine how much revenue the government collects and how large public debt charges will be.
Put differently, the only way to reduce debt is to allocate the cost to some sector of the economy, and broadly speaking these sectors are the household sector, the private sector, the state sector, and the various more specialized subsectors within these three — for example households can consist of rich households versus the rest, the state sector can be divided among the central government and the provincial governments, the private sector can consist of SMEs, large corporations, labor - intensive industries, capital - intensive industries, the export sector, etc..
A larger government does not mean running deficits or a higher level of debt or debt burden.
For example, from: 1) the replenishment of foreign exchange buffers large enough to protect the economy against a protracted shock; 2) a significant reduction in government debt metrics; 3) a successful diversification of the economy and government revenues that will become less dependent on oil receipts; 4) continued improvements in governance and institutional strength which act as long — term constraints on Angola's rating.
Advisory Board Company: Health care spending is the largest driver of U.S. government debt levels.
Lower taxes would likely lead to larger deficits, which could require the Treasury to issue more debt, increasing the supply of government bonds on the market.
With household and government balance sheets still weighed down by a large debt overhang, demand for new loans is extremely weak despite near zero short and long term interest rates.
A top Treasury official signaled confidence in the U.S. government debt market, which at $ 14.5 trillion is the world's largest.
(These totals count all government debt coming due - including shorter term notes - and are therefore larger than estimates of only long - term debt.)
China is the largest foreign holder of U.S. government debt.
Manama - based GIB Capital was lead bookrunner of a $ 1.5 billion sovereign bond issued by the government of Bahrain last October in the country's largest debt deal of 2013.
We have government debt, corporate debt, and a much larger Fed balance sheet (which, some people argue, drove bond buying by the public), but those are offset by a significant deleveraging in household and financial sector debt.
The bottom line is that it's not so much the Fed's interest - rate suppression that benefits the US government, it's the fact that the interest - rate suppression is conducted via the large - scale accumulation of the government's debt.
This puts central banks in a position where they will have attempt to control interest rates not by discounting lending, but by buying debt from the government directly, so that markets don't price the new issuance at a level that would destroy the nation's ability to service a debt load that is growing larger all the time.
At the same time, the government's decision to run a deficit means a weak dollar, and experts warn that more debt also means larger interest payments and a weaker currency.
Successive Puerto Rican governments responded to demand for their debt in the economically rational way — they borrowed an unusually large amount of money.
Lawsuits filed against one of the nation's largest student loan servicers by the federal government's consumer watchdog and two states highlight the importance of knowing your options for repaying student loan debt.
The Macri government has begun borrowing again from international and Wall - Street banks, but the level of external debt is not large relative to the size of the economy.
Just two and a half months after the US national deficit surpassed $ 20 Trillion for the first time ever, the United States government has now managed to rack up another half Trillion and the outstanding debt of the world's largest economy now stands at...
He gives a large percentage of his salary back to the government so they can repay their debt.
But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.
«As of May 2011 the largest single holder of U.S. government debt was China, with 26 percent of all foreign - held U.S. Treasury securities (8 % of total US public debt).»
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.»
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.
- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;
Not surprising, but illuminating: large minorities in all of these districts say they support the prospect of the government defaulting if the debt ceiling isn't increased in two weeks, if that is a way to prevent health care reform from proceeding.
This work includes stopping wasteful spending; improving the way government buys goods and services; reducing losses from fraud, error and debt; raising money by selling empty buildings and underused properties; and reviewing and reshaping large scale projects.
Still, Senate Democratic leaders on Wednesday urged Republicans to come to the bargaining table to work out a deal to finance the government through Sept. 30 and perhaps go beyond the immediate fiscal issues to take on larger budgetary questions about spending on entitlement programs like Medicare and an increase in the debt limit.
In return for being relieved of the debt, the government agrees to spend a larger amount of money on environmental protection schemes.
The UK shrunk by 4.3 % in 2009 alone and the government had to bail out and nationalise large domestic banks, leading to increased government debt and deficit.
I seem to have been on a science fiction kick lately, but this one — while written a few decades ago — seems to have a lot of today's details involved with its plot: a government growing larger and larger, increasing unemployment, an ever - increasing public debt, and inflation growing unchecked.
By purchasing short - term debt the government offset the shrinking credit pool provided by small and large banking institutions.
Economist Stephanie Kelton talks to Matt Klein about the way government budgets really work and what large - scale student debt forgiveness might do for the US economy.
Today, large balance borrowers are increasingly likely to be parents and independent undergraduate borrowers — the government places lower limits on the loans that undergraduate borrowers who are dependents can take — whose economic outlook tends to be riskier and whose rising debts consume a larger share of their income.
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