Sentences with phrase «with deficit budgeting»

«The only way we can buy down the surplus is with deficit budgeting,» said Commissioner Steven Polit.

Not exact matches

While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.

«With limited resources and budget deficits across the country, governments must refocus their efforts and spending on key priorities.

«This should be coupled with maintaining the fiscal adjustment to reduce the level of budget deficit, reforming the banking system, especially banks who are facing difficulties, and allow the private sector to grow,» Azour said.

Thirteen months later, with Canadians staring at a $ 56 - billion crater in the government's finances, the minister got testy with reporters who were asking for his response to a report from the Parliamentary Budget Office that predicted a federal deficit of nearly $ 20 billion in 2013 - 14.

Last year's budget was the «ostrich budget,» wherein Flaherty jammed his head in the sand while punting all the pain for dealing with the deficit down the road.

The Conservatives came to office in 2006 with a $ 13 - billion surplus but had whittled that down to a structural deficit even before the global recession struck in late 2008, according to the Parliamentary Budget Office.

But without a consensus from the economic community, it would be unwise to risk stamping out the economic recovery by sparking a trade war with China over currency disputes or drastically reducing the budget deficit.

Rousseff's impeachable offense was for playing fast and loose with the nation's budget; essentially fudging the numbers to make the budget deficit look smaller than it really was.

He went deep into the red with large deficits, but left the books virtually balanced after his Feb. 11 budget.

With these issues in mind, he said he had concerns over the projected deficits in the Trudeau government's recent budget, which include a $ 18.1 - billion shortfall for 2018 - 19.

Martin would be left with billions of dollars in unallocated revenue at the end of each fiscal year, which was first used to narrow the budget deficit, and then went toward the debt.

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.

With inflationary pressures and massive budget deficits having become the topic du jour this year, the bond - market «vigilantes» term has made its way back onto trading floors.

WASHINGTON, Nov 7 - Republicans in the U.S. House of Representatives forged ahead on Tuesday with legislation to reshape the U.S. 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.

Russell was referring to the implementation of the 6 % GST in April this year, with the aim of reducing the country's budget deficit.

Even with austerity programs in place, the eurozone's collective budget deficit this year will exceed 4.5 % of GDP.

With the potential for higher U.S. budget deficits and debt risking dollar strength, central banks around the globe could be motivated to increase their gold holdings, says Credit Suisse.

Having the Department of Finance issue a discussion paper, with the 2011 budget, updating its own analysis of demographic trends and structural deficits could do this.

These two factors, coupled with the improvement in the deficit to date, should ensure that the deficit for 2012 - 13 will be lower than forecast in the March 2012 Budget.

But the city is also struggling with a budget deficit that may require firing hundreds of public employees to bring it under control.

Today, however, those taxes have been cut, along with dividend taxes and the massive federal deficit has begun to wreak havoc on the states» budgets.

The NDP won't satisfy fiscal hawks, or those accustomed to Alberta's deficit - averse culture with this budget.

The Congressional Budget Office released a report on Friday that said a repeal of the Affordable Care Act (ACA), over the next decade, would «probably increase budget deficits with or without considering the effects of macroeconomic feedback.&Budget Office released a report on Friday that said a repeal of the Affordable Care Act (ACA), over the next decade, would «probably increase budget deficits with or without considering the effects of macroeconomic feedback.&budget deficits with or without considering the effects of macroeconomic feedback.»

The effect of a cash transfer from the Fed to the household sector is almost identical to receiving a tax rebate check, with the added benefit that it causes the budget deficit to fall, not rise (Tax revenues will rise and there has been no increase in government borrowing).

They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.

Titled «Building a Strong Middle Class» the 278 - page document is essentially a sequel to last year's «Growing the Middle Class,» with page after page reminding voters what the government did in its first big - spending, deficit - ballooning budget.

«Balancing the budget for a fourth year in a row --- while other provinces grapple with debt, deficits, and economic uncertainty — is an accomplishment that gives the business community reassurance that B.C. is on the correct course,» said Iain Black, President and CEO of The Vancouver Board of Trade.

With the deficit eliminated and with growing budget surpluses, he also implemented major structural reforms, especially in education, research and innovatWith the deficit eliminated and with growing budget surpluses, he also implemented major structural reforms, especially in education, research and innovatwith growing budget surpluses, he also implemented major structural reforms, especially in education, research and innovation.

Ironically, the day prior to Mr. Flaherty's budget, his Conservative counterpart in the UK, Chancellor of the Exchequer George Osborne, brought down a budget that bore many similarities to Canada's, such as its preoccupation with deficit and debt reduction.

The Federal government is expected to boost the amount it intends to borrow in the coming months, as the Treasury contends with declining tax receipts as a result of the recent corporate and personal tax cuts, as well as widening budget deficits and a Federal Reserve that is slowly reducing its own holdings of government bonds.

But, in the 2013 Budget, the Government again decided to set a target with an explicit date — elimination of the deficit in 2015 - 16.

Along with a government budget deficit of $ 1.2 trillion, that's nearly $ 2 trillion in new government debt that will need financing annually.

President Donald Trump on Monday will offer a budget plan that falls far short of eliminating the government's deficit over 10 years, conceding that huge tax cuts and new spending increases make this goal unattainable, three people familiar with the...

The January 2012 Fiscal Monitor, released with Budget 2012, reports a surplus of $ 1.7 billion in January 2012, compared to a deficit of $ 0.3 billion in January 2011.

Harper and Oliver have made «deficit elimination» in 2015 - 16 such a big political deal that everyone is now waiting for the budget to see what «magic tricks» (e.g., unspecified asset sales, re-profiling) the Finance department will come up with to make it happen.

The federal government is not confronted with a short - term fiscal crisis but it is facing a stubborn medium - term structural deficit that will prevent you from balancing the budget by 2015 - 16, without new expenditure cuts and / or tax increases.

Greece is already managing to beat some of its deficit - reduction targets, as figures released Wednesday show that its central budget deficit for the first two months of 2012 had shrunk by more than half compared with the same period last year.

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 budWith 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 budwith no timeline for returning to a balanced budget.

The revised budget was accepted, although with Portugal's economy now growing more slowly than forecast, the EC might require further deficit trimming.

or just open the spigots and roll with higher annual budget deficits.

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.

Not only could such a gift to businesses be looked down upon by American voters, but it would also complicate the GOP's plan to pass tax legislation through budget reconciliation, a process that requires only a simple majority in the Senate but brings with it limitations on adding to the deficit beyond the span of a decade.

If you want to understand why the federal government has clocked deficits in every single year since the 2008/09 financial crisis, save one (2015), and why there won't be another black - ink budget until at least the mid-2020s, look at the pre-budget picture with Finance Minister Bill Morneau where he changes his shoes.

«The Courage to Act: Fixing Canada's Budget and Social Policy Deficits,» C.D. Howe Institute Commentary 64, by Thomas E. Kierans and William B.P. Robson, with David M. Brown et al. (October).

Let's start with the elephant in the room — the ballooning of the budget deficit.

The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.

Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next recession.

However, to the surprise of no one except the government, about two months later, the January 2009 Budget forecast deficits of about $ 30 billion for both 2009 - 10 and 2010 - 11, with the budget not expected to return to a surplus until 2013Budget forecast deficits of about $ 30 billion for both 2009 - 10 and 2010 - 11, with the budget not expected to return to a surplus until 2013budget not expected to return to a surplus until 2013 - 14.

As if states and municipalities didn't have enough to deal with concerning their own government debt, they will eventually have to deal with a reality that will explode their budget deficits: the low rates of return from their pension investments.