Sentences with phrase «to eliminate the deficit»

The phrase "to eliminate the deficit" means to get rid of or reduce the amount of money a government owes. It is about spending less and possibly increasing revenue to balance the budget and avoid borrowing more money. Full definition
It is certainly clear by now that the government no longer intends to fulfill its budget promise of eliminating the deficit by 2019 - 20.
Will the government be able to eliminate the deficit in 2015 - 16, without more spending cuts?
These changes alone would not prevent the government from eliminating the deficit over the medium term.
This would have only a marginal impact on eliminating the deficit.
The government would like to run on a record of good economic management, defined as simply eliminating the deficit.
The conclusion of his analysis is that completely eliminating the deficit, which has been the government's objective since 2010, was never really necessary, at least not on economic grounds.
The federal government is on track to eliminate the deficit by 2015 - 16.
But is this the right budget for the current economic circumstances and is the plan to eliminate the deficit in 2015 - 16 credible?
Additional fiscal action need not violate the government's commitment to eliminate the deficit over the medium term.
But simply eliminating a deficit, which they themselves created, does not define good economic management.
The PBO believes that the federal government has a better than 60 per cent chance of eliminating the deficit by 2015 - 16, 70 per cent or better by 2016 - 17, and a 75 per cent chance or better by 2017 - 18.
In contrast, Romney consistently maintained that he could eliminate the deficit without raising taxes.
But more than anything, Flaherty's plan for eliminating the deficit amounts to kicking the can down the road and hoping for the best.
With eliminating the deficit in time for the election the government's single biggest priority, it follows that the Finance Minister who brought Canada through the recession in relatively sound shape should be kept on to ensure the books are balanced on schedule.
To be discussed at the hearings are the Rockland County Deficit Reduction Act (RCDRA), a law which will allocate money toward eliminating the deficit, the legislature's -LSB-...]
«We know we can not continue to operate at a deficit, but we think that we're putting the right pieces in places to work towards eliminating that deficit,» Walsh said
It was only a hundred words — including a promise to «eliminate the deficit as soon as possible» — but Miliband only realised the error, to his horror, as he walked off the stage.
Under the leadership of Chair Elio Luongo and President and CEO Iain Black, The Vancouver Board of Trade also restored its balance sheet in 2014, eliminating its deficit within just two years — a full three years ahead of a board - approved plan.
The late Minister of Finance, Jim Flaherty, for years criticized the U.S. government (and indeed other G - 7 countries) for its failure to take sufficient action to eliminate its deficit quickly.
The Democrat Schoenberger encouraged the Republican Day, his potential rival in the upcoming county executive race, to withdraw his motion to table, explaining the legislature had to put forward a united front and send a clear message that the county was serious about eliminating its deficit.
Ignoring the views of many economists, it accepted a need to balance the budget and eliminate the deficit which left them playing on Tory ground.
It is not enough to assume that «all else will flow» from eliminating the deficit, Mr Miliband said, arguing that to merely halve it within four years would have been a better target.
Flaherty's plan for eliminating the deficit targets the weakest of prey in the political ecosystem: the military, foreign aid, and the public service.
Canada, which famously eliminated its deficit in the mid-1990s under Finance Minister Paul Martin, is being upheld as a shining example.
Eliminating the deficit no matter how small was critical to achieving that objective
Mr. Trudeau has already stated that he will not commit to a date for eliminating the deficit until he sees how bad the situation is.
But Mr. Harper has made eliminating the deficit the basis of his political brand as a good «fiscal manager» and he will have to live with the political fallout.
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.
A day later, the Prime Minister contradicted him and said the government would still eliminate the deficit in 2015 - 16.
Most Canadians are also wondering why eliminating the deficit is so important especially when economic growth continues to slow and unemployment remains so high.
The government needs to eliminate the deficit now, when times are good, in order to have the flexibility to respond economic downturns in the future.
Mr. Harper has said eliminating the deficit will be achieved through a review of government operations to find $ 4 - billion in annual savings through attrition and an overhaul of government computer systems.
The Nassau Interim Finance Authority, or NIFA, approved the $ 2.9 billion budget after legislators eliminated the deficit by cutting bus service, trimming general expenses and delaying the hiring of new police officers.
The district will create a multiyear plan to eliminate deficit spending, and is counting on new housing to bring in more revenue, he said.
Why do Canadians believe that if we don't eliminate our deficits (federal and provincial), we will end up like Greece?
The Government has committed a great deal of political credibility on eliminating the deficit by 2015 - 16 in time for the next election.
The Chancellor has little room for manoeuvre as he ploughs ahead with the Herculean task of eliminating the deficit over the next four years.
But Hammond's obsession with eliminating a deficit that the country has grown tired of caring about has tied her hands.
To be discussed at the hearings are the Rockland County Deficit Reduction Act (RCDRA), a law which will allocate money toward eliminating the deficit, the legislature's decision to override the tax cap for 2013 and other budget information.
«We know we can not continue to operate at a deficit, but we think that we're putting the right pieces in places to work towards eliminating that deficit,» Walsh said in the interview.
Moody's credit rating agency changed Ontario's debt rating in July to negative from stable, citing concerns about the province's ability to eliminate the deficit as scheduled.
We believe that the Government should put aside its sole policy commitment of eliminating the deficit by 2015 - 16, and introduce a medium - term strategy to support job creation and economic growth.
Quebec is also committed to eliminating its deficit within the next two years.
Mr. Flaherty never missed an opportunity to hector his G - colleagues to impose austerity and eliminate their deficits quickly.
If the Chancellor's first budget was about eliminating the deficit his second budget must be about further measures to jumpstart the economy.
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