With the federal budget coming soon, it is also worth recalling that the Liberals promised to
run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budget.
Operating under assumptions necessitated by Governor Andrew Cuomo's two - percent tax cap plan, projections show that Onteora will
run a deficit of $ 11.3 million by 2017.
The statement cautioned: «Schools now face unprecedented financial pressures and will be
running deficits of between # 150,000 and # 500,000.
«Schools now face unprecedented financial pressures and will be
running deficits of between # 150,000 and # 500,000,» their statement continues.
Emissions trading will only be viable in China's electricity if its helps to solve some of the sector's existing challenges — inefficiency in overall generation,
running deficits of coal generators, system reliability — while contributing to balanced economic development objectives.
Finance Minister Dwight Duncan forecast that Ontario, which has the largest economy and population of any Canadian province, will
run a deficit of $ 16.3 billion for the 2011 - 12 fiscal year.
Not exact matches
Higher U.S. yields can put pressure on the currencies
of emerging market countries that
run current account
deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
Grantham believes it's likely the majority
of pension plans will
run a long - term
deficit, and this will have major policy implications for government.
Let us make no mistake about it: Canada is
running a
deficit, and it is entirely appropriate for it to do so given the state
of the economy.
That should ensure that borrowing costs will remain low, but in the longer -
run trade
deficits and shrinking current account surpluses could threaten Japan's ability to finance a debt pile that is twice the size
of its economy, the highest ratio in the developed world.
In January and February, the U.S. trade
deficit with those three large economic systems, accounting for about 40 percent
of world's demand and output, was
running at an annual rate
of $ 612.3 billion, a 3 percent increase from the same period
of 2017.
The American trade
deficit with China in January and February was
running at an annual rate
of $ 391.2 billion — a 20 percent increase over the same period
of 2017.
Meanwhile, despite our reputation for fiscal prudence, which Flaherty flogs to anyone who will listen, Canada is now
running a record
deficit of more than $ 55 billion.
By
running the risk
of higher
deficits, the Trump plan could damage the credibility
of Republican lawmakers who spent years railing against the rising national debt under former President Barack Obama.
The United States
runs a hefty goods trade
deficit with China
of $ 375 billion.
Following the 2015 election, the Liberal government abandoned pledges to
run annual
deficits of no more than $ 10 billion and to balance the books in four years.
According to Trump's own trade representatives, the answer is no — the U.S. does
run a
deficit with Canada when it comes to goods, but its surplus in services far outweighs that, leaving an overall surplus
of $ 12.5 billion for 2016.
In normal circumstances he believed in a balanced budget and maybe a bit
of a surplus for bad times but what he believed was fatal to a nation was
running deficit trade imbalances.
Company owners who have large amounts
of inventory and
run into cash
deficits between selling the inventory and the time it takes to get paid can leverage the inventory for a line
of credit.
Excess capacity in the private sector, most importantly in the job market, is still the biggest problem we face, and given the cost
of capital right now, the best way to both reduce unemployment and the short -
run deficit is to grow faster.
By second - order effects, I mean whether cutting the
deficit will in the short
run increase other forms
of investment and consumption demand by increasing confidence or reduce other forms
of investment and consumption demand by reducing spending.
This reflects a view that Trump has consistently maintained in his personal rhetoric and that has been reflected in the official documents put out by some
of the members
of his trade team — trade
deficits are per se bad, reducing them induces prosperity mechanically, and so there is no downside to a trade war with a country with whom the United States
runs a large trade
deficit.
For much
of the nineteenth century, the United States also
ran trade
deficits and capital account surpluses, but while there were already capital flows driven by investors making independent decisions about where to park their money, roughly 90 percent
of the international business done by London banks consisted
of trade finance.
U.S. investment exceeds U.S. savings, and the United States
runs a trade
deficit that is by definition equal to the gap between investment and savings.1 It also
runs a capital account surplus equal to the gap because this is the amount
of net foreign capital inflow that bridges the gap, and the trade account and the capital account for any country must always balance to zero.
While I understand that the NDP must feel intense pressure to capture votes — including from people who have never taken a course from John Smithin — I often wish that the NDP would show a bit more policy leadership on the issue
of the
deficit and debt. I was particularly disappointed during the 2008 federal election campaign when Mr. Layton stated, unequivocally, that the NDP would not
run a
deficit in the following year if elected (even though it was clear that Canada was entering a recession).
Finally, while many emerging - market economies tend to
run current - account surpluses, a growing number
of them — including Turkey, South Africa, Brazil, and India — are
running deficits.
The United States
runs a
deficit with countries who fit at least one
of the following three criteria.
If the House passes their bill and the Senate passes theirs, they'll have to hammer out a version in conference committee that satisfies House leaders while not
running afoul
of the long -
run deficit rule.
The Conservative government has
run a
deficit since 2008 - 09 and, has left future generations
of Canadians additional debt
of more than $ 150 billion.
The government would like to
run on a record
of good economic management, defined as simply eliminating the
deficit.
If the Conservative government wants to stabilize the debt - to - GDP ratio at 25 per cent, then at that ratio, the government must
run a permanent and growing structural
deficit that will result in the government's debt increasing at the same rate
of growth as the economy.
While China was busy selling more to the U.S., it was buying more from other countries, and
ran a $ 9.86 billion
deficit with the rest
of the world in the quarter.
With its flexible financial system and the gradual elimination by the 1970s
of all capital restrictions, the United States was able quickly to adapt, and began
running large trade
deficits whose costs, in the form
of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance
of which soared during the Cold War.
The fragility
of Italy's application — high levels
of debt, runaway
deficits — was underscored the next year when Italy was expelled from the exchange rate mechanism and came close to
running out
of money.
If China
runs a capital account
deficit and the US a capital account surplus, and these are roughly equal to net purchases by the PBoC and other Chinese government entities
of US government bonds and US assets, China will
run a current account surplus exactly equal to its capital account
deficit.
However, in times
of recession, you want government to
run a
deficit.
But the president declared that the United States would no longer tolerate
running a trade
deficit of nearly $ 400 billion with China, its second - largest trading partner, after the European Union.
The United States during this period
ran large trade surpluses and capital account
deficits as it exported its excess savings to fund its net exports while the growth
of its trading partners was constrained by their urgent investment needs.
Trump was overheard telling donors at an event in Missouri the previous night that he insisted to Trudeau that the United States
runs a trade
deficit with its neighbour to the north — without any idea
of whether this is the case.
If there is such a thing as a global engine
of growth, in the latter case, it is the country that is able (or is forced) to import the most amount
of capital and export the most amount
of demand (i.e.
run the largest trade
deficit).
But according to a recent C.D. Howe study, the federal government could
run a permanent structural
deficit of 1 %
of GDP ($ 20 billion) and still maintain a stable debt ratio
of 25 %, which happens to be the Conservative government's target for 2022.
There is no narrative that sets out the longer -
run economic and social challenges, and there is no discussion
of how these challenges are interrelated Eliminating the
deficit has been the cornerstone
of the government's fiscal policy since 2010.
«The concern now is that the Fed may
run out
of Treasuries» During 1936 - 1937 the reserve authorities raised the reserve ratios in an effort to reduce the huge volume
of excess reserves in the member banks, while at the same timer being forced to continue purchasing operations in order to assist the treasury inn its
deficit financing.
Most managers
running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow
deficits operating in a financial environment in which the Fed is not printing trillions
of dollars that can be recycled into bad ideas.
In our view
running annual
deficits approaching 2 per cent
of GDP would be «imprudent» and would put at risk the government's commitment to a «sustainable» fiscal framework.
The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to
run a balance
of payments
deficit to pump this currency into the global economy.
If you are right about secular stagnation, the nations
of the world need their governments to
run bigger
deficits, at least for now and maybe indefinitely.
Our plan has
run large
deficits the past several years and, as a result, we are in the midst
of making some major changes.
The National Bank have published a very useful and interesting report on the current account
deficit, which is now
running at about 3 %
of GDP.
I'm not sure how Obama thinks he can smooth this one by all Federal taxpayers outside
of the State
of Illinois (which itself is
running something like an admitted $ 21 billion budget
deficit).