Sentences with phrase «record federal deficit»
Given the Republicans» determination to rein in a record federal deficit (see «Budget battle heats up»), it is not at all clear that the president will be afforded the opportunity to play the innovation game that he hopes to win.
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Second, the deficits posted over the 2008 - 09 to 2015 - 16 period will add about $ 200 billion to the federal government's debt, nearly doubling the reduction recorded over the 1997 - 98 to 2007 - 08 period ($ 104.7 billion).
In absolute terms, the deficit will be at an all time record high, thereby exposing the federal government to interest rate fluctuations.
For the first eleven months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 5.6 billion, compared to a deficit of $ 11.5 billion for the same period in 2016 - 17 — an improvement of $ 5.9 billion.
The federal government recorded a budget deficit of $ 215.2 billion in February, up significantly from a year ago as the impact of the GOP tax cuts passed in December begin to surface.
For the first three months of fiscal year 2014 - 15, which ended March 31, the federal government posted a surplus of $ 400 million, an improvement of $ 3 billion from the deficit of $ 2.6 billion recorded in the same period in 2013 - 14.
Financial results just released by the Finance department for the first eight months (April to November) of the 2014 - 15 fiscal year show that the federal government posted a deficit of $ 3.3 billion, an improvement of $ 10.1 billion from the deficit of $ 13.4 billion recorded in the same period in 2013 - 14.
Independent groups like the Committee for a Responsible Federal Budget anticipate the deficit will hit $ 1 trillion by next year, a record level at a time when unemployment is so low.
For the first eight months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 9.1 billion, compared to a deficit of $ 12.7 billion for the same period in 2016 - 17.
For the first nine months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 8.6 billion, compared to a deficit of $ 14.0 billion for the same period in 2016 - 17.