Sentences with phrase «running a surplus budget»

Not exact matches

Shortly before leaving office, George Osborne abandoned the government's target of running a budget surplus by 2020, blaming the uncertainty surrounding Britain's shock decision to leave the European Union.

Keep the budget balanced or run a small surplus, then have a «rainy day» fund for emergencies.

Yes, the budget was balanced, and indeed we were running a surplus.

Italy is now running a primary budget surplus with a stock of debt that, according to Ugo Panizza of the Graduate Institute of International and Development Studies, could easily be restructured:

According to the measures employed by the study's authors, Campbell did an excellent job by containing government spending, lowering taxes and running budget surpluses.

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.

Unlike the Euro - PIIGS who are mired in debt, Brazil is running budget surpluses of about 3 % of GDP.

The IMF added that if growth was lower than expected or if the Greek government failed to meet targets for running a surplus on its budget excluding interest payments, there would be «significant increases in debt and gross financing needs».

That is, will the legislation require that surpluses be realized during normal economic times to offset the run up in federal debt during the economic crisis or that only balanced budgets are required?

First, as the Government has been running budget surpluses, the stock of CGS outstanding has fallen.

Because of the heavy borrowing that led to Greece's financial crisis, running a budget surplus was one of the conditions of the European rescue program in 2010.

This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.

He said Congress should use the reform to close tax loopholes and run budget surpluses while we are at some modicum of full employment.

Even if the government ran a balanced budget or a budget surplus, the Fed would still be able to inflate the money supply (therefore, Mr. Hussman, with whom we agree on nearly everything else in his highly readable weekly comments, is in error on this particular point).

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.

It had run a budget surplus for years and its debt to GDP ratio was well below 60 % in 2008 (compare that to Italy's 120 %).

Government will continue to pursue fiscal consolidation measures to run primary budget surpluses, as well as to smoothen bullet payments in the public debt portfolio.

The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to plug holes elsewhere in his budget.

Citizens Party office holders may not vote themselves payraises or new perks unless the budget is balanced or running a surplus.

There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.

Osborne's plans to legislate to run a budget surplus «in normal times,» require huge cuts to public services and in - work benefits.

Even though the state is running a multi-billion dollar surplus, Gov. Andrew Cuomo's top budget aide is calling on state agency chiefs to submit spending proposals that assume zero growth next year.

The UK is now running a surplus of # 3.8 bn in its current budget - the money borrowed to fund day - to - day spending rather than long - term investment - according to the Office for National Statistics figures.

Chancellor George Osborne has told the Conservative Party conference that he would run a budget surplus if elected in the next parliament.

«Agree UK should run budget surpluses in good times but also fiscal policy must be used as effective counter cyclical fiscal tool when needed,» he added this morning.

Johnson's economic adviser Dr Gerard Lyons said it would be a «challenge» to run budget surpluses given this had only been achieved in seven of the last 50 years.

One challenge @BBCr4today is UK has probably only run budget surpluses in about 7 of last 50 years, so no easy task to run surpluses.

(It was only Al Gore's tie - breaking vote that saved the Clinton budget, which ended up being a major reason for the surpluses the country was running by the end of the decade.)

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

Steve Kroll, executive director of New York State ARC, which offers services to disabled adults and their families, says the groups need a minimum of $ 50 million additional dollars in the state budget, which is running a substantial surplus.

The focus of all the anger, a U-turn over voting with the Government on George Osborne's plan to run a budget surplus by 2019.

Costs were initially irrelevant because in the heady days of the late 1990s, California was routinely running multi-billion-dollar budget surpluses.

The housing market is strong and the state is running an admirable budget surplus.

That's about 4 miles below the budgeted range — possibly due to a few stoplight zero - to - 60 test runs I did just before testing — but balances out with the 3 - mile surplus of the previous trip to land me pretty spot - on with Kia's estimate.

We have had political scandals, economic crisis, been run by Democrats and Republicans, who have both given us record budget surpluses and record budget deficits.

FDR ran deficits, Truman ran deficits (but also surpluses with a GOP Congress & rapid defense cuts), Ike had surpluses with GOP Congresses but not with Democrat, JFK ran deficits, LBJ ran deficits, Nixon had just one surplus, thanks to Democrat Congresses, Ford ran deficits under Democrat Congresses, Carter ran deficits, Reagan ran deficits, thanks to his budgets» being declared «DoA» by Tip, Clinton ran deficits until the GOP took control of Congress & Bush ran deficits, under mixed Congressional control.

You mean the last time we ran a budget surplus, the surplus Bush turned into trillions of dollars in new debt?