Sentences with phrase «to reduce the federal deficit»

The remaining revenue should be used to help reduce the federal deficit and make the tax code more progressive, easing some of the bite from higher electricity and gas prices.
Cutting this engine of growth is the absolute least productive way for the Congressional super committee to reduce the federal deficit in the coming years.
The Congressional Budget Office further reports that the law will reduce the federal deficit by $ 138 billion by 2020.
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.
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.
In 15 Ways to Rethink the Federal Budget, The Hamilton Project featured a diverse group of proposals by leading budget and tax experts from a variety of backgrounds, including academia, the private sector, and a range of NGOs experts for reducing the federal deficit while also encouraging broad - based economic growth.
Clinton spoke on May 12, 1993 about reducing the federal deficit and again on May 23, 2006, as the Keynote Speaker at The Cooper Union's 147th Commencement along with Anna Deavere Smith.
CBO and JCT estimate that enacting the legislation would reduce federal deficits by $ 337 billion over the 2017 - 2026 period.
The reduction, required by the failure of policymakers to abide by the terms of a 2011 law designed to reduce the federal deficit over the next decade, reduced the lab's budget this year by $ 100 million, to $ 1.5 billion.
It's a small but important silver lining in a year when even NSF's best friends in Congress have turned their backs on the Obama Administration's request for a 13 % increase for the basic research agency as part of the political consensus on reducing the federal deficit.
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.
(On the bright side, the plan was also projected to reduce the federal deficit by $ 337 billion by 2026.)
If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.
«Reducing the federal deficit is critical for our nation's long term health but it should not be done at the expense of the most vulnerable.
The CBO's report on Trump's proposed budget found that although it would reduce the federal deficit by $ 3.3 trillion between 2018 and 2027, it would not balance the federal budget.
«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 projected the immigration bill passed by the Senate in 2013 would boost the economy and reduce the federal deficit, while slightly reducing wages.
The CBO also says the bill would reduce the federal deficit by $ 119 billion.
Today the Center on Budget and Policy Priorities released a new report showing that a «Cuts Only» approach to reducing the federal deficit would drastically cut federal investments in education, roads and bridges, and disaster relief.
Whereas the Ryan budget would reduce the federal deficit by $ 5.3 trillion over the next decade through a combination of spending cuts and entitlement and tax reforms, «European - style austerity» has relied heavily on tax increases.
John Marburger, director of the White House Office of Science and Technology Policy, calls it «a pretty good year» for research, given the Administration's priorities of fighting terrorism, defending the homeland, and reducing the federal deficit.
The sweeping cut, scheduled to take effect on 2 January, is a by - product of last year's Budget Control Act, which requires law - makers to find ways to reduce the federal deficit (see Nature 476, 133 - 134; 2011).
So aggressive citizen enforcement could not only reduce climate changing emissions, but reduce the federal deficit.
The analyses also concluded that the evaluated policies would reduce the federal deficit.
The CBO analysis of a similar bill proposed by Senators Kerry and Boxer found the bill would reduce the federal deficit by $ 21 billion by 2019 and «would not increase the deficit in any of the four 10 - year periods following 2019.»
The CBO analysis of Waxman - Markey found that the bill would reduce the federal deficit by $ 9 billion by the year 2019.
As we work in the Senate to meet the enormous challenges facing this country, including efforts to strengthen our economy, create new private sector jobs, reduce the federal deficit and establish energy independence, your views and those of your fellow Virginians are very important to me.
However, if Congress fails to pass the RESTORE Act, the spill fines will be used for unrelated federal spending or to reduce the federal deficit.
The CBO found that by implementing certain medical liability measures, federal spending would be reduced by $ 41 billion over ten years and reduce the federal deficit by $ 54 billion.
Rep. Lois Capps (D - CA) said, «If we really want to reduce the need for abortions and reduce the federal deficit, we should double the funding for family planning and preventive care, not eliminate it as is being called for by anti-choice members of Congress.
This year is different, Giovaniello said, because as Congress discusses ways to reduce the federal deficit and whether to change the tax code, some of the government's longstanding incentives for home ownership, including the mortgage interest deduction and other provisions, will come under debate.
This year is different, Giovaniello said, because as Congress discusses ways to reduce the federal deficit and whether to change the Tax Code, some of the government's longstanding incentives for home ownership, including the mortgage interest deduction and other tax provisions, will come under debate.
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