Sentences with phrase «reducing national debt»

Our administration has eliminated the budget deficit and is steadily reducing the national debt.

They would simply have to vote in favor of reducing the national debt.

Last month Long chided Turner for taking a more conciliatory approach with Democrats in Washington on reducing the national debt.

That doesn't mean reducing national debt and indeed debt is expected to increase.

«Congressman Paul Ryan and House Republicans today introduced a budget proposal which simplifies and cuts taxes while reducing our national debt.

Longer term, it would mean missing the stated 2021 target of reducing the national debt - to - GDP to 25 per cent by only a single percentage point.

Not only are Johnson and Weld social liberals and fiscal conservatives, they espouse views traditionally associated with moderate Republican candidates on the economy, such as favoring international trade agreements and reducing the national debt.

«It [stock market gains] reflects a stronger underlying economy that will eventually help reduce the national debt through higher tax revenues but there is just no connection.»

President Donald Trump argued Tuesday that gains in the stock market under his watch have helped reduce the national debt, a claim that economists said was head - scratching.

«A rise in the stock market does absolutely nothing to reduce the national debt directly,» Kenneth Rogoff, a Harvard economics professor and former chief economist at the International Monetary Fund, told Fortune.

If elected to Congress, I will fight to balance the budget, reduce the national debt, ensure a strong national defense, and eliminate burdensome regulations on small businesses,» Faso said.

The deficit in turn will reduce the national debt once it returns to surplus.

Osborne is already facing calls from the centre - right thinktank Policy Exchange to include «a strong set of fiscal rules» in the charter, which would look to impose strict spending restrictions on future governments in order to reduce the national debt.

The Labour government did reduce the national debt - as shown in the national accounts - as a share of national income at the end of the last century (although it's questionable whether most people would understand this to be the «last few years» of which Brown went on to speak).

You know, like the fact that the last Labour government had reduced the national debt as a percentage of GDP to its lowest level since WWII before the international financial crisis hit in 2008.

In days of higher growth we reduced the national debt to give us the flexibility to increase borrowing in these hard times.

That said, the Australian government's drive to reduce national debt saw the imposition of an «efficiency dividend» on universities as part of the 2013 budget.

«We must stabilize then reduce the national debt, or we could spend $ 1 trillion a year in interest alone by 2020,» states the Commission in their draft proposal of Nov. 10, 2010.

Perhaps a third of the funds generated could be rebated evenly per capita with the rest used to reduce the national debt.

A 50 % one time tax on excess wealth (net worth in excess of $ 10,000,000) will help repay the theft, reduce the national debt, help pay for the mortgage mess and help stimulate the economy.

Isn't this is the same reason we want to reduce national debt — so we don't burden future generations?

Not exact matches

This is his opportunity to remind voters — in a tone of disappointment and regret, not anger and malice — that Mr. Obama's negative attacks will not put anyone back to work, reduce our growing national debt, or get America moving in the right direction.

Flat tax proposals typically favor the wealthiest taxpayers by dramatically reducing their tax bills, but they also add to the national debt.

The amount of debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.

This approach reduces the debt problem to one of the degree to which taxes must be raised to carry the national debt, and to which businesses and consumers must cut back their investment and consumption to service their own debts and to pay these taxes.

A National Council of Churches study revealed that two thirds of our ministers are in substantial debt and that three fourths of these are not able to reduce their debt loads.

The Tories were never in imminent danger of tearing themselves apart over Europe, given the political imperative of reducing Britain's national debt, but grumbling discomfort remains.

• We promised to restore Teacher training allowances and we have delivered • We promised to end dumsor and we have delivered • We promised to reduced fertilizer prices by 50 % and we have delivered • We promised to establish a Ministry of Zongo and Inner City Affairs and we have delivered • We promised to increase and pay peacekeeping allowances increased from $ 31 to $ 35 and we have delivered • We promised to increase the share of the DACF to persons with disabilities from 2 % to 3 % and we have delivered • We promised a stimulus package to support local industry and we have delivered • We promised to implement a National Entrepreneurship and Innovation Plan and we have delivered • We promised a more efficient port system and we have delivered • We promised to reduce the rapid rate of borrowing and accumulation of the public debt and we have delivered • We promised to restore economic growth and we have delivered • We promised to reduce inflation and we have delivered.

«We are going to reduce the Debt - to - GDP ratios over time,» Dr Bawumia said on Day 2 of the National Policy Summit on Tuesday, 15 August, adding: ``... A lot of people misunderstand when we say that we are going to be responsible, it doesn't mean we will not borrow money, it only means that we are going to borrow responsibly and not recklessly.»

The Osborne plan (and the Coalition Agreement) called on Conservative and Liberal Democrat ministers to achieve a cyclically - adjusted target to reduce government debt as a share of national income between 2014 - 15 and 2015 - 16 and, politically and economically most significant, to do so by achieving a budget balance by the end of the Parliament.

The government would need to decide what balance to strike in using these receipts, between reducing future taxes, paying off national debt and making further investment in future economic capacity.

Mohammed said one of the achievements that the PDP had been touting was that it reduced the nation's national debt.

U.S. Secretary of Education Arne Duncan roundly criticized the supercommittee for its failure to reduce the nation's debt in a «thoughtful and deliberate way that protects national priorities like education at such a critical time.»

According to the National Foundation for Credit Counseling, credit counseling services typically do not negotiate reductions in credit card balances, they can help reduce interest and other finance charges that make it difficult to pay off your credit card debt.

It claims that «under the National Debt Relief Program» people can reduce «monthly debt payments by up to 50 percent.&raDebt Relief Program» people can reduce «monthly debt payments by up to 50 percent.&radebt payments by up to 50 percent.»

Although sovereign debt will always involve default risk, lending money to a national government in the country's own currency is referred to as a risk - free investment because with limits, the debt can be repaid by the borrowing government by raising their taxes, reducing spending, or simply printing more money.

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This required some additional resources to be added to balance the equation, and the additional resources turned out to be reduced (or flattened) wage growth, reduced expendable income (without taking on debt at the individual level — which Americans did at rapidly growing levels), and national debt.

«Overall, REALTORS ® are supportive of paying down the national debt and are intrigued by reduced taxes, so we're watching the progress of the administration's budget plan with great interest,» an NAR analyst says.