Sentences with phrase «said federal deficits»
Ottawa says federal deficit for 2016 - 17 was $ 17.8 billion, CTV News Ticket tossed: Stopped for driving 1 km / h over speed limit, «disrespecting» officer, CTV News
http://www.canadianlawyermag.com/ Not exact matches
WASHINGTON, Oct 9 - A top Senate Democrat on Tuesday said new tax revenues should go to reducing the federal deficit, not cutting tax rates, dismissing as «obsolete» a Reagan - era model of tax reform.
With the federal deficit for 2010 sitting at $ 53.8 billion and most provinces also facing shortfalls, Manley says tax hikes may be the only way to stem the bleeding.
Most outside economic analyses say the type of tax cuts being promoted by Trump would likely fuel even larger deficits for a federal government already projected to see its debt steadily rise.
Fink said a corporate rate as high as 27 percent could satisfy U.S. businesses» need for tax relief, while avoiding an increase in the federal deficit.
Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.
«They undoubtedly are dependent on some special legislation or some under - the - table benefits with Medicaid and with education programs going forward that the federal deficit will have to fund,» he says.
Republicans in the U.S. House of Representatives forged ahead on Tuesday with legislation to reshape the federal tax code, while a top credit - ratings agency said the bill would balloon the budget deficit and give only a temporary boost to the economy.
Former federal minister Jason Kenney is newly installed in the legislature as United Conservative opposition leader, and should he win, as widely expected, he says he would set the province on a more aggressive fiscal reordering, eliminating deficits one year more quickly.
Canada's economy will not fully recover until 2013 and the federal government will carry a structural budgetary deficit of C$ 19 billion ($ 17.6 billion) after the crisis, a report by the parliamentary budget officer said on Monday... «PBO calculations continue to suggest that the budget is not structurally balanced over the medium term,» the report said.
Reining In Rates O'Neil, one of the managers of the $ 26 billion Fidelity Total Bond Fund, said rising bond yields could be reined in by at least three forces: Federal Reserve Chair Janet Yellen's commitment to a very gradual program of rate hikes, the traditional aversion to budget deficits by the Republican - controlled Congress, and buying by overseas investors who may use the recent jump in rates to snap up more Treasuries.
Democrats Say «Bye» to Populist Option In a dress rehearsal for this November's mid-term election, Democrats and Republicans vied last week for who could denounce the banks and blame the other party the most for the giveaways to Wall Street that have swollen the public debt since September 2008, pushing the federal budget into deficit and the economy into a slump.
«I maintain that the implementation of something meaningful is an intractable problem given the concerns surrounding the Federal deficit, the [state and local tax] deduction, and the Affordable Care Act,» Klein said.
A senior Democratic aide said the party's position is that emergency spending need not be offset by cuts elsewhere in the federal budget, making Pelosi's statement a challenge to Republicans who have insisted that previous aid packages not add to the federal budget deficit.
The Treasury Department said in its most recent quarterly refunding announcement in November that borrowing needs will increase as the Federal Reserve reduces its balance sheet and as fiscal deficits look set to widen.
In response to his deficit - elimination obsessed critics, the Finance Minister is absolutely right when he says the federal government's finances are in good shape.
The four - term Missouri Democrat continued his Twitter diatribe against the deal to raise the amount of money the nation can borrow and make a down payment on the federal deficit saying, «This debt deal is antithetical to everything the great religions of the world teach, which is take care of the poor, aged, vulnerable.»
Andy Stanley, a prominent evangelical leader, said some in his congregation cheered when he launched a preaching series called «Recovery Road» to talk about politically touchy issues such as personal greed, the federal deficit and the sins of subprime loans.
They said the plan could move forward without increasing the deficit by rolling back recent federal tax breaks to the country's wealthiest people and corporations.
Maggie is committed to cutting the deficit and balancing the federal budget,» says Sandra B. Mortham, Chairman of Maggie's List and former Florida Secretary of State in a statement.
DeFrancisco said the state's $ 4.4 billion projected deficit, combined with potential effects of the federal tax overhaul on New York, will make the next state budget the most difficult one in at least seven years.
Obama can say that he reduced the federal budget deficit from 9.8 % of GDP in Fiscal Year 2009 under Bush, to 2.9 % of GDP in FY 2014.
As to threats from the administration of President Donald Trump, de Blasio said Trump's tax law favors wealthy individuals and that it increases the federal budget deficit.
Washington (CNN)- Cutting the U.S. deficit will require addressing the rising costs of entitlement programs such as Social Security, former Federal Reserve Chairman Alan Greenspan said Sunday.
Voters say Slaughter will do a better job in Washington representing them on health care, education and the war in Afghanistan, and they are more closely divided on whether she or Brooks would serve them better when it comes to jobs, taxes and the federal budget deficit.
The Malloy administration said the deficit's growth was in part due to a delay in federal Medicaid reimbursement for hospitals.
Democrats, meanwhile, have said they might support tax increases, in some cases, to close the deficit and deal with potentially billions more in cuts from the federal government.
He said this year's budget is going to be a challenge because of a $ 4.4 billion deficit and the new federal tax cuts.
Heastie said the only reason his house would return is if federal budget cuts later in the year lead to a state budget deficit that would need to be addressed.
«She is encouraged that the Congressional Budget Office says the American Health Care Act will lower premiums by 10 percent, reduce the federal deficit by $ 337 billion, and lower taxes by $ 883 billion, providing significant tax relief for middle - income families and small business owners.
The Congressional Budget Office says the American Health Care Act would reduce the federal deficit over the 2017 - 2026 period by $ 119 billion, but also leave 23 million Americans without insurance, while at the same time lower the average insurance premiums.
«We know they're facing a $ 4 billion budget deficit in addition to the issues associated with the impact to New York by the federal tax reform bill,» said Poloncarz.
Voters surveyed said Collins, a businessman and former Erie County executive, would do a better job representing them than Hochul on the issues of jobs and the federal budget deficit.
The CBO also says the bill would reduce the federal deficit by $ 119 billion.
PLATTSBURGH Gov. Andrew Cuomo said hammering out this year's $ 168.3 billion spending plan was tricky because of a $ 4.4 billion deficit largely caused by federal shortfalls.
«No rational analysis says that we can begin to reduce the size of the federal deficit without a combination of cutting spending and raising revenue,» added Bloomberg.
Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated by the federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of dollars, the state's top fiscal officer said Tuesday.
NYC Health + Hospitals, formerly the Health and Hospitals Corp., expects to face a $ 1.2 billion deficit next year, which will be exacerbated by federal cuts of $ 300 million in 2017 and $ 460 million per year through 2025, hospitals chief Dr. Ramanathan Raju said at a City Council hearing.
«We had a $ 3.8 million deficit in the general fund, and we're looking at a $ 2.6 [million] deficit in our federal grants, which brought our total budget deficit to $ 6.4 million,» Albanese said.
The collapse of the bipartisan congressional supercommittee's effort to agree on a plan to slash the federal budget deficit isn't just a defeat for congressional Republicans who, as AFT President Randi Weingarten said, «insisted on protecting the 1 percent from any additional taxes.»
New York (CNNMoney.com)- Congressional budget scorekeepers said that a grab - bag bill of spending and tax measures to be taken up this week would increase federal deficits by $ 134 billion over a decade.
«Governor Cuomo turned a $ 10 billion deficit into surplus, while the federal deficit projection for 2019 is $ 601 billion,» she said.
Others say the Pentagon is simply using the hearings to pressure Congress into rolling back the Budget Control Act of 2011, the law that set federal spending caps in order to achieve a $ 1.2 trillion deficit reduction over 10 years.
Gov. David Paterson says he will continue to press for union concessions to close a $ 9.2 billion budget deficit, despite a federal order to put off the furlough plan won by four unions.
House Speaker Joe Aresimowicz of Berlin said, «A small projected deficit at this point is not totally unexpected, particularly with lower - than - anticipated federal funds coming in.
Washington (CNN)- President Barack Obama will issue an executive order in «the next 10 days or so» to create a bipartisan commission on reducing the federal deficit, White House Press Secretary Robert Gibbs said Thursday.
Those who objected say the charitable giving incentives would help inflate an already large federal budget deficit.
Brown also criticized the bill for increasing the federal deficit by $ 1.5 trillion over the next decade, a measure Cuomo said was part of a calculated Republican strategy.
Although the government shutdown's over, North Country New York Democratic Congressman Bill Owens says having a deal that addresses getting the federal deficit under control is essential to avoiding another congressional deadlock in Washington come January.
Yet critics say a deficit - financed tax cut is at odds with longstanding Republican calls for fiscal discipline, including that tax cuts not add to the ballooning federal deficit.