Sentences with phrase «rising public debt»

If the United States is ever to pay off its vast and rising public debt, as well as the growing deficits in its teacher pension accounts, it will have to fix not only the nation's schools but local ones, too.

The Minority in Parliament has chastised government's management of the economy citing the rising public debt stock as a situation that can take Ghana back to the status of HIPC [heavily indebted poor countries] by the end of 2019.

Not exact matches

This borrowing will materially worsen the government's debt position: Moody's now expects Spain's public debt ratio to rise to around 90 % of GDP this year and to continue rising until the middle of the decade.

On 7/14, the Central Bank of Italy reported that Italian public debt has risen upwards of 2.2 trillion euros in May, a new record for the Eurozone's second-most indebted country after Greece.

Earlier this week, Bank of Canada governor Stephen Poloz also said the federal government's steps to add to the public debt in recent years has helped slow the rise in debt accumulated by Canadians.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.

Under current law, CBO expects debt held by the public to rise continuously over the next decade from today's post — World War II era record levels.

China's public - sector investment, in other words, is value destroying, and because it is funded by debt, additional investment causes China's real debt servicing costs to rise faster than its real debt servicing capacity.

The public debt will rise more than $ 10 trillion by 2028, the nonpartisan Congressional Budget Office estimates.

The budget highlights the huge imbalances created by five years of economic crisis: Spain will set aside $ 36.6 billion ($ 49.5 billion) to service its fast - rising pile of public debt, $ 2 billion more than it will spend on the 13 government ministries.

Bondholders financed a sharp rise in Greek public debt despite the government's failure to tax wealth or prevent a reported 50 billion euro capital flight to Swiss banks alone.

Around the region, secularly rising incomes, generally healthy banking systems and relatively low public debt levels allow considerable room for confidence of a sustained expansion in demand.

Total global debt (all public and private debt) has risen from $ 152T to $ 216T in just 6 months (since Oct 2016).

(i) Unable to restore the power in a few states for more than 10 + days, since a tornado passed by it (ii) Unable to restore power for 7 + days in a snowy North Eastern state, since a hurricane passed by it (iii) Having no quality in science, math and technology; depending on «imports» to uplift them (or depending on Jesus to save them)(iv) Horrible crime in downtown, ghettos of any major city (v) Unemployment of 23 % (vi) Having a president who believes that the earth is 6000 years old (vii) Having a presidential candidate which believes in subjugating women (viii) Having more than 50 % of its 2012 graduates un / under - employed (ix) No public transport, resulting in hell on earth even for a small rise in crude - oil prices (x) A crappy health care system (xi) A debt of 14Trillion, which corresponds to 50K per US resident.

If public sector workers are given a bigger pay rise than the 1 % promised by the Government, it will lead to «debts ever larger for our children and our grandchildren to have to pay off», a senior minister said.

'' [Labour] has alarmed the public about our soaring national debt, alerted them to the tax rises needed to pay for it if Labour is re-elected, and so undermined confidence in the future,» said Mr Osborne.

Still, that looming debt matters, McMahon said in his annual look at the rising costs of healthcare for retired public workers.

Dr Cable will also admit that he can not rule out tax rises under the Lib Dems, saying that measures to bring down public debt will not be «easy or popular».

We expect public sector net debt to hit the government's ceiling of 40 per cent of national income in 2009 - 10 and to rise to 41.2 per cent by 2012 - 13.

And they claimed that our mammoth debts mean we face ten years of «painful readjustment» as taxes rise and public spending is slashed.»

Large deficits today mean that the public debt will rise sharply as a percent of national income.

The study, Paying for College: The Rising Cost of Higher Education, cosponsored by the Massachusetts Institute for New Commonwealth (MassINC) and Blue Cross Blue Shield of Massachusetts, points out that families are also spending more money to send students to the region's public four - year colleges and wracking up debt.

Amidst the general public concern over rising levels of student loan debt, racial disparities have attracted increasing attention.

Higher education will be front and center in 2017, as Congress turns to the overdue reauthorization of the Higher Education Act amid elevated public concern about rising college prices and student debt.

Many students are barred from both private or public options unless they are able to secure a loan; thus, student debt is rising along with the cost of college, amounting to $ 1.4 trillion in the United States.

He said U.S. efforts to bail out its own troubled banks after the financial crisis and the subsequent rise in public debt may mean «we are going to have another lost decade or two.»

In other words, rising student debt levels aren't just the result of a cost shift from the public to the individual family, but within the household from the family to the individual student.

But according to the College Board, average debt for new bachelor's degree recipients at public institutions has risen more rapidly than tuition, room and board, and fees after grants and scholarships.

Public sector DB plans: Taxes may rise, spending cuts enacted, forced contributions to retiree plans negotiated, plans terminated for a 457 plan, partial plan termination, job cuts, funny accounting practices (worse than the private sphere), brinksmanship over debts, etc..

History tends to punish bull markets when speculative frenzies hover around a narrowing list of stand - outs (e.g., Netflix, First Solar, etc.), an increasing number of initial public offerings (e.g., Twitter, Container Store, etc.) and / or a dramatic rise in margin debt.

The combination of decreasing public funding for higher education, spiking tuition rates and the rise of for - profit colleges «should cause policymakers to give people back the ability to have bankruptcy courts treat their student debts like any other debt,» Kelleher said.

Because low interest rates and quantitative easing — the buyback of public debt to help spur growth in the area's troubled countries — has caused high - quality stocks to rise without actually fixing the Eurozone's problems.

Indeed, with interest on the growing public debt rising, operating surpluses would have been appropriate to help pay for the interest costs.

So rising levels of student debt may hit communities of color the hardest, keeping some of our best and brightest young people from giving back to society and denying our country the benefits of their public service.

The CFPB is deeply concerned about how debt influences career choices by acting as a barrier to public service for a rising share of student loan borrowers.

Andrew Caplen, president of the Law Society, described the fee rise as «a flat tax on those seeking justice» which will «price the public out of the courts and leave small businesses saddled with debts they are due but unable to afford to recover».