Sentences with phrase «reduce budget deficits»

Subsidies are expensive for governments — and therefore taxpayers — to finance and can hinder governments» efforts to reduce budget deficits.

The President's budget offers hope that the nation will continue to make science and education investments a top national priority while taking serious steps to reduce budget deficits.

The statement by the NRCC touts Christie as «a true conservative, taking on big union bosses and working tirelessly to reduce budget deficits in New Jersey without raising taxes.

It also requires the Spanish government to present by the end of this month plans to reduce its budget deficit to under 3 percent of the country's gross domestic product by 2014.

But without a consensus from the economic community, it would be unwise to risk stamping out the economic recovery by sparking a trade war with China over currency disputes or drastically reducing the budget deficit.

Chafee has a mixed economic record in Rhode Island, raising its sales tax to reduce its budget deficit, and decreasing the state's corporate tax rate to seven percent from nine percent.

Republicans are demanding spending cuts to reduce the budget deficit as the price for supporting an increase in the debt ceiling.

On Wednesday, the UK released a plan to drastically reduce its budget deficit.

Rehn decided that the nation was making enough progress in reducing its budget deficit for 2012 and 2013.

Since coming to power at the end of 2015, a minority socialist Portuguese government has overcome initial skepticism among market participants and successfully introduced measures to reduce its budget deficit and reform the country's banking system, providing greater stability for investors.

Des Plaines — Increases in music, activity fees and lunch prices are among the ways Elementary School District 63 plans to reduce the budget deficit next year without cutting programs.

Current debates about the economic situation in Spain, for example, are centred on the country's need to reduce its budget deficit to 5.3 % of GDP, as agreed this year with European partners in Brussels.

Take the issue of public spending cuts to reduce the Budget deficit.

A key tenet of the Labour Party's manifesto is reducing the budget deficit year - on - year through the lifetime of the next parliament.

Voters accept the necessity for cuts to reduce the budget deficit, but Corbyn and his union backers made opposition to austerity a central plank of their campaign.

He added that the recovered assets of the country would also be used to reduce the budget deficit.

The government seeks to take money out of the economy by public spending cuts and tax increases to reduce the budget deficit.

Our plans to reduce the budget deficit are sometimes seen - even by those who recognise the necessity - as particularly hard on the young.

But it's perfectly reasonable of the Lib Dems to argue, as Ed Balls has, that it is very difficult to see how the Tories will fulfil their pledge to reduce the Budget deficit faster than Labour without a rise in VAT or some other equally regressive tax.

Six months later, they have not put forward a single idea for reducing the budget deficit.

I appreciate the council's efforts to reduce the budget deficit and hire more police, but defunding the Land Bank would actually create a revenue shortfall for the city and make our neighborhoods less safe.

George Osborne is now saying - in the wake of what we must hope was Labour's last Budget - that we will reduce the budget deficit in our own way.

The pay limit was part of the government's efforts to reduce the budget deficit following the financial crash.

A new study finds that when average Americans are presented the federal budget in some detail, most are able to dramatically reduce the budget deficit and resolve the Social Security shortfall.

To the extent that there are market risks, they largely stem from the federal government, which continues to look at ways to reduce its budget deficit.

Not exact matches

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

The Trump administration's proposed budget contained similar assumptions that the tax plan would reduce the deficit and overall debt load, something that was widely contradicted by economists.

«This should be coupled with maintaining the fiscal adjustment to reduce the level of budget deficit, reforming the banking system, especially banks who are facing difficulties, and allow the private sector to grow,» Azour said.

The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet by reducing planned deficits in one year at the expense of deeper spending in future years.

The White House has yet to spell out how much of a hole the tax cuts could create in the federal budget, maintaining that the resulting economic growth would reduce — if not eliminate — the risk of a soaring deficit.

Russell was referring to the implementation of the 6 % GST in April this year, with the aim of reducing the country's budget deficit.

This forecast was reduced by $ 1.3 billion to a deficit of $ 31.0 billion in the November 2011 Update of Economic and Fiscal Projections and by a further $ 6.1 billion to a deficit of $ 24.9 billion in the March 2012 Budget.

We believe that action should be taken to eliminate this structural deficit, not only because it is unfair to future generations, but also because it would reduce the exposure of the budget to interest rate shocks and provide greater short - term policy flexibility.

The massive and multifaceted policy responses to the financial crisis and Great Recession — ranging from traditional fiscal stimulus to tools that policymakers invented on the fly — dramatically reduced the severity and length of the meltdown that began in 2008; its effects on jobs, unemployment, and budget deficits; and its lasting impact on today's economy.

The House budget's reconciliation instructions would reduce deficits; the Senate budget's would increase them.

If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.

Neither Clinton nor Trump would boost growth or reduce debt and deficits, according to the Committee for a Responsible Federal Budget.

But if that path is taken the actions needed to reduce the one trillion dollar budget deficit will become as much a yoke around its economy as the PIGS deficits are on their economies.

Needless to say, the House budget is much more fiscally responsible on reconciliation than the Senate because it actually requires action on legislation reducing the deficit, whereas the Senate budget facilitates legislation increasing the deficit.

The Federal government is expected to boost the amount it intends to borrow in the coming months, as the Treasury contends with declining tax receipts as a result of the recent corporate and personal tax cuts, as well as widening budget deficits and a Federal Reserve that is slowly reducing its own holdings of government bonds.

In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.

However, reducing the government's budget deficit is near impossible under the new GOP tax reform bill.

In terms of the national budget, he has said he believes Congress must reduce spending to address the U.S. deficit.

The stance of U.S. fiscal policy in recent years constituted a significant drag on growth as the large budget deficit was reduced.

As the House and Senate move forward in considering the Fiscal Year (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC) continues to tout its alternative, which aims to balance the budget in six years and reduce the ten - year deficit by $ 9.1 trillion.

In the October 2013 Speech from the Throne, Prime Minister Harper announced that the government would extend the freeze on departmental operating budgets, once again committed the government to eliminating the deficit by 2015 - 16 and to reducing the debt - to - GDP ratio to 25 per cent by 2021, both of which are easily achievable.

But several conservative Republicans, including Harris, believe the debt ceiling should be raised only if it comes with spending controls to reduce federal budget deficits.

«There are worries about the ability of the Japanese policymakers to reduce sufficiently their budget deficit,» IMF economist Olivier Blanchard said at the Tokyo meetings.

A cutback in Social Security's cost - of - living adjustment would save $ 5 to $ 10 billion a year, says Roger Strauss, cochair of a bipartisan commission seeking ways to reduce the national budget deficit.

Romney has said he'll reduce the deficit and the budget.