Sentences with phrase «running a deficit budget»

In both cases, Conservative parties were defeated by parties promising moderate progressive platforms that included tax increases and significant increases to public infrastructure investment and explicit commitments to run deficit budgets, for at least the short - term period in the case of the NDP.

Despite years of economic prosperity, the PCs have run deficit budgets since 2008 and do not appear to have planned for any economic downturns (even though the price of oil has always been cyclical in nature).

The motion also gave the NAHT executive the right to encourage its members to take other steps, such as running deficit budgets in schools or refusing to file budgets to local authorities.

A lot of people are running a deficit budget and wondering why things aren't moving.

We also put in a whole series of financial controls at the same time: if we're going to run a deficit budget, it must be approved by the membership; if we're going to make major expenditures beyond half a million dollars and the finance committee and the board don't agree, that has to go to the membership.

Not exact matches

Balanced - budget law allows the federal government to run a deficit when recession looms.

Running a budget deficit is certainly appropriate given the current economic situation.

Premier Kathleen Wynne defended the government's pre-election budget, which will run a $ 6.7 - billion deficit in 2018 - 2019, saying Moody's change wasn't a credit downgrade, which would effect borrowing costs for the province.

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.

Some Republicans have complained the changes would cost too much at a time Washington is running big budget deficits.

The Parliamentary Budget Office has been warning that the federal government has been running a «structural deficit» for several years now, and the Conservative government has been dismissing those warnings for just as long.

Unlike the U.S. federal government, most states and cities have constitutions that prevent them from running budget deficits.

And the fact that joining the euro, means that you're not allowed to run a budget deficit to pump money into the economy to recover --- just like America has done --- it's that you have to pay debts that are so much beyond your ability to pay, that you'll end up like Haiti did, after it rebelled after the French Revolution.

Until the Federal government can pass a budget (they haven't in almost four years), remove the 7 - year long ZIRP which penalizes savers and rewards debtors, and find a way to eventually remove the excess QEs and > $ 1 trillion annual spending deficits, I will stay on the porch while the «big dogs» run.

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).

We will run modest deficits for three years so that we can invest in growth for the middle class and credibly offer a plan to balance the budget in 2019.

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.

Instead, his latest budget runs a deficit every year.

Last month Centeno survived a standoff with the European Commission (EC), which rejected his first budget for running a fiscal deficit above 3 % of GDP.

The budget makes it very clear that the government is rejecting an «austerity» fiscal strategy and instead is prepared do run relatively small deficits (1/2 of 1 % of GDP), resulting from investments in both physical and human capital.

Similarly, in all but one of the earlier widenings, Australia's inflation rate was higher than the world average, and again on two occasions, we were running a significant budget deficit.

The previous government implemented the Balanced Budget Act, which precluded the running of deficits, except in extraordinary circumstances.

The credit either can come from governments running a budget deficit and pumping money into the economy, or it can come from bank lending.

This is not true, however, of Australia where, after four successive budget surpluses in the late 1980s, the Government has been able, responsibly, to run deficits to help the economy out of the recession.

In particular, more than half of those surveyed knew who ran the oil well that exploded in the Gulf, that the budget deficit is larger now than in the 1990s, that Republicans were the big winners on November 2nd (though fewer than half know that they'll only control the House and fewer still can identify John Boehner as Speaker), that the U.S. has an international trade deficit, and that unemployment is pretty close to 10 percent.

If that law is overturned, it may set the precedent for other states to legalize betting in their own state — an appealing option to the many states running a budget deficit.

Also, Spitzer didn't run on a message of fiscal restraint the way Cuomo did, and he didn't face the same massive budget hole to fill upon taking office, although there was — as there usually is — a structural deficit worth between $ 4.3 billion and $ 5 billion.

As a Southampton Town Board member, Ms. Fleming says she's helped to eliminate a budget deficit, thereby restoring the town's credit rating; focused on proper staffing and controls in the town finance department; and spearheaded economic initiatives such as the Farm Fresh Market in Flanders, which is run by teenagers and sells local produce, and the Youth Build Project in Riverside, which teaches young people about sustainable building methods while restoring blighted homes.

He is at pains to demonstrate he is serious about improving the failing subway system that he has controlled since 2011, but also faces a $ 4.4 billion budget deficit and says he plans to run for reelection in November.

The causal sequence, as I understand it, runs as follows: (1) Inadequate regulation of the financial sector leads to (2) crisis in the financial sector which leads to (3) crisis in the whole economy which leads to (4) falling tax revenues which leads to (5) a bigger budget deficit.

«I'm running for the state senate to take on the rampant corruption in Albany and the fiscal mismanagement that has produced a multi-billion dollar budget deficit and the highest taxes in the nation,» Schorr said.

His establishing the position that Labour would not run a budget deficit over the course of the business cycle on current expenditure, but would borrow for investment, was precisely the correct position.

Previous ads run in the primary also highlighted Faso's fiscal record of cutting taxes and closing budget deficits and outline his key reform principles to help small businesses, notably simplifying the tax code, ending corporate welfare, investing in small businesses and ending Washington's regulatory madness.

Walsh's budget office was able to cut more than $ 3 million in projected spending, but the city will run an $ 11 million deficit by taking money from its «rainy day» fund.

Last year, the group ran ads in favor of a budget that reduced spending and closed a $ 10 billion deficit without raising taxes.

New York's expected budget gap is growing larger — a more than $ 4 billion deficit heading into the next fiscal year now poses a challenge for Governor Andrew Cuomo and state lawmakers as they prepare to run for re-election.

«We know that the size of the budget deficit run up by the previous Government means that difficult decisions need to be taken, and Derbyshire police will have to take their share of that pain.

Congressional analysts are projecting that President Donald Trump has inherited a stable economy and a government that is on track to run a $ 559 billion budget deficit for the ongoing budget year.

Next year, she'll be grappling with a $ 4.4 billion budget deficit, major infrastructure projects, a reelection campaign and (though Cuomo himself denies interest) positioning for a possible 2020 presidential run by the governor.

With this MTA - subway mess as a backdrop, Cuomo presented his budget plan last month, which has a $ 4 billion deficit to close, and proposed a tunnel running from Westchester to Long Island.

For many years, running the nation's budget on deficit has become intrinsic but this is not peculiar to Nigeria.

Most councils are currently forecasting a deficit in 2016/17, forcing them to raid their reserves in order to meet the legal requirement to run a balanced budget at the end of the year.

The city was expected to run a $ 16.5 million deficit, but Walsh's budget puts next year's deficit at $ 11 million.

The measure was created when the state had a $ 10 - billion - dollar budget deficit, now, the state is running surpluses.

But now, tax revenues are running behind projections, a $ 2 billion deficit looms, and schools and hospitals are howling after two years of flat state budgets capped by an overall cut in spending in April.

In addition to complicating Cuomo's campaign efforts — and the potential for a presidential run in 2020 that some political watchers see in his future — the trials could provide plenty of distractions as he and the state Legislature tackle a multi-billion budget deficit by the April 1 start of the new fiscal year.

Manhattan Institute senior fellow Stephen Eide in a new study finds that a flat rent of $ 2,400 per student, as recommended by the Independent Budget Office, would have resulted in 71 % of charters running deficits and potentially 577 teacher layoffs in 2011.

There is nothing progressive about running a large budget deficit or wasting money on interest payments that could be invested in schools, hospitals or Sure Start centres.

Syracuse faces budget deficits averaging $ 23 million a year through 2016 - nearly 10 percent of what it costs to run the city.

Earlier this week County Executive Ed Day confronted reality and bit the metaphorical budget bullet by facing up to the fact that the County owed millions of dollars, was running a multi-million dollar deficit, had overtaxed homeowners, and had police services that the County could not afford and did not need.