Ms. Carpenter, a Republican, has also argued that consolidating the positions would rob the county of necessary checks and balances when it comes to fiscal matters — although, last we looked, those checks and balances haven't worked so well in recent years in Suffolk County, which
faces massive budget deficits.
These large Rust - Belt metropolitan areas are collapsing under the
weight massive budget deficits and catastrophically underfunded public employee pension funds.
Both governors set about to
closing massive budget deficits, with Malloy often reacting negatively to comparisons to Cuomo's efforts in New York, which reportedly culminated with a call from Cuomo's top aide telling Malloy's office: «We operate on two speeds here: Get along, and kill.»
The economy is really being supported — this isn't just in the United States, it's in Japan, the ECB and Britain — the economy is being supported by quantitative easing that is allowing for
a massive budget deficit and money printing exercises to go on... As you address the fiscal problems, you are going to have weak economic growth.
And, of course,
a massive budget deficit because of a lack of alternative sources of revenue: Moody's noted that the country's gross borrowing requirements through 2019 will average 17 % of GDP, because much of the debt it issued during the boom times is falling due in the next two years.
With inflationary pressures and
massive budget deficits having become the topic du jour this year, the bond - market «vigilantes» term has made its way back onto trading floors.
All it has to do is stop showing up at the U.S. Treasury auction, and Washington's
massive budget deficit will do the rest.
California is just now starting to recover from
a massive budget deficit that forced new taxes, tax increases, and austerity measures to make up the shortfall and prevent a statewide government collapse.
Another year,
another massive budget deficit, albeit with a token reduction this year to 8.8 billion dollars.
In 2010 - 2011, the state, facing
a massive budget deficit, began cutting aid in amounts that eventually totaled $ 2.7 billion from districts across the state.
In any case, he adds, «we have
a massive budget deficit».
«I believe the Poloncarz administration is stealing from the poor to plug
a massive budget deficit,» he said.
He acknowledged the system's
massive budget deficit and said there might need to be hospital restructuring and managerial layoffs, adding that the hospitals will need to «get creative» in order to survive.
«The fact is the Labour party have got absolutely nothing to say about the biggest problem facing this country, which is
a massive budget deficit.
Then, they socialised the costs of the crash though
a massive budget deficit, the biggest of any major economy.
He pointed to
the massive budget deficit the district is facing in future years, as well as declining enrollments.
This puts CPS right back where it was when the suit was filed: facing
a massive budget deficit that may force the district to end the school year weeks early.
The challenge now is to ensure that companies can keep up with the demand for new parts; that cities are able to raise the necessary funds to implement the projects; that fuel prices stay high enough to maintain high ridership; and that the economy improves (at present, even the MTA in New York City is running
a massive budget deficit).