Artists will learn: — Methods of organizing community around social impact through arts and culture emphasizing available
assets over deficits.
But this wrenching
concern over the deficit — particularly when the situation in Puerto Rico remains so dire — is hard for some to swallow when conservatives are simultaneously pushing forward a tax reform package that could leave a more than a trillion - dollar hole in the deficit and have signed on to spending bills that added more than $ 100 billion to defense spending, without the immediate promise of offsets elsewhere.
That's doesn't include Obama's first year deficit budget, which was a
carry over deficit from W's last year in office and was over by $ 1.3 Trillion and the debt ceiling was raised.
ONE CRISIS BEGETS ANOTHER: Bailouts and plummeting tax receipts during and after the Great Recession made Timothy Geithner (above) the first Treasury secretary to
preside over deficits that exceeded $ 1 trillion.
A day after the bill's prospects wavered somewhat, Republican leaders notched two victories on Friday, when Senator Marco Rubio of Florida said he would vote yes after gaining a more generous child tax credit in the final bill and Senator Bob Corker of Tennessee, who voted against the initial Senate
bill over deficit concerns, said he would support the legislation.
What troubles me about John's op - ed, however, is that it ignores monetary policy. I often get the impression that important voices among Canada's left are reluctant to stress the importance of maintaining (after a recession) very low real interest rates over the long term. As long as the overall size of Canada's economy increases faster over the long term than the size of our debt, why do we have to get our knickers in a
knot over the deficit?
Senate Republicans passed a tax cut plan after last - minute changes
papering over deficit concerns and the bill's tilt to the wealthy.
The session, which took place at the party's autumn conference in Liverpool, saw Mr Clegg accuse the opposition and Guardian columnist Polly Toynbee in particular of perpetuating a «betrayal myth» for siding with the
Conservatives over deficit reduction.
A recent survey carried out by You Gov for the Sheffield University Political Economy Research Institute (SPERI) demonstrated that voters in Britain now prioritise
growth over deficit reduction (47 - 34 %), deeming current spending cuts to be hasty and excessive.
Having argued that Osborne has room for manoeuvre, Balls then attempted in his speech to reframe the
debate over the deficit.
George Osborne found himself increasingly isolated today as a small army of economists demanded he back
down over his deficit reduction plan.
Analysts at Reform claim that the public sector can shed the 400,000 jobs by replacing only nine of the ten workers that
leave over the deficit reduction period.
Also, until late 2008, well into the financial crisis, the Tories supported increases in public
spending over deficit reduction; then they abruptly reversed their position.
(Sampson says he'll first need to break an impasse with the Assembly and
Paterson over a deficit - reduction plan.)
He suggested that «judicially enforceable
controls over deficits, early harmonisation of corporate taxes and a permanent chairman of the eurozone» would be the short - term options available to the beleaguered heads of states.
Then health secretary Patricia Hewitt faced accusations of government
mismanagement over the deficit but it now appears efforts to reverse the problem have resulted in the current surplus.
NEW YORK (WCBS 880 / AP)-- The standoff on Capitol
Hill over deficit reduction and raising the debt ceiling shows no signs of breaking.
With state midyear cuts up in the air as Gov. David Paterson and state lawmakers remained locked in
disagreement over a deficit - reduction plan, the outlook for school budgets remains murky.
I think they genuinely believed we should accept the Treasury's received
wisdom over deficits and debt as part of the Lib Dem Strong Economy — Fair Society message.
Ongoing concerns that Europe's debt crisis could spread and reduce domestic economic growth, a lack of consensus in
Congress over the deficit reduction plan, and a major revision to economic growth in the first half of 2011 combined to send stocks on a roller coaster ride in the second half of 2011.
(Yes, there are many ways to get around that to a certain degree, but
carrying over deficits, however disguised, remains difficult.)
He had proposed a week - long attack on «the great Tory deception»
over the deficit, which was to have involved the entire shadow cabinet.
Kolb, who is consdiering a run for governor next year, says the concerns
over the deficit are potentially overstated, but is a sign spending needs to get under control.