Sentences with phrase «with public deficit»

In a context like today's, with public deficit problems in different European countries, as is the case in Spain, an increase in the tax on alcohol sales would, according to the report's authors, be doubly justified.

Not exact matches

Lighthizer, who lacks his boss's need for public attention, appeared at a Washington - based think tank on Sept. 18 to explain at length why the administration is so obsessed with narrowing the trade deficit.

The source said the pay cap was brought in to «deal with the mess we inherited from Labour» and acknowledged the «hard work and sacrifice» made by public sector workers, saying jobs had been protected and the deficit reduced by three quarters.

With the new Trudeau government pledging more deficits, public debt and cost to service it appear set to keep growing for the foreseeable future.»

For instance, all three parties emphasize infrastructure (with Trudeau even saying it's worth going into deficit to pay for public works).

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

The IMF had recommended that G20 governments finance this initiative through deficit financing and borrowing, arguing that with historically low interest rates, «efficient» public infrastructure could easily pay for itself.

Portugal has addressed its public debt problem — the deficit was 9.3 % of GDP in 2009 — with a 5 % pay cut for public sector workers earning more than $ 1,500 a month and an increase in VAT.

With a general understanding that addressing the «data deficit» will require new forms of public / private data sharing agreements and that the...

According to Australian economist William Mitchell, ``... the Japanese experience with sustained high fiscal deficits, the world's largest public debt to GDP ratio, close to zero interest rates, and deflation, was totally at odds with (neo-liberal) economic theories.

Prime Minister Justin Trudeau and some of the provinces were able to offset the commodity - price crash of 2014 - 15 with deficit spending because Canada's public finances were in excellent shape.

We are in no danger of a public - finance - driven deficit - debt spiral, and we should simply dispense with anecdotes from previous eras as solid guides for policy today.

As a result, the IFSD deficit forecast appears to be grossly overstated, given its assumptions with respect to PIT revenues and direct program expenses and the resulting impact on public debt charges.

When planning for the future, it's worth considering the following possible public policy risks that could affect your clients» ability to save for retirement and the money they have available to spend in retirement: Will income tax rates rise with current government deficit spending?

It's about the determination of Republicans to cut funding for Planned Parenthood, National Public Radio and the Environmental Protection Agency - efforts that have absolutely nothing to do with the deficit.

In its economic orientation it is close to the neo-liberal orthodoxy, with priorities such as monetary stability, public deficit control and fiscal concessions to the orders of capital.

Despite severe cost cutting, scores of layoffs and wholesale restructuring last year, Chicago Public Schools faces a budget deficit estimated at $ 600 million to $ 700 million in 2013, with the cost of a longer school day still unknown, officials said.

This lower deficit is delivered by our public spending plans and we are going to stick with those plans.

«Anyone who wants to be honest with the British public about dealing with the deficit... should also be honest about the savings that are required.»

It took some trimming — a few million dollars here, a half - million dollars there — but the Buffalo Public Schools were able to close a projected $ 10.2 million deficit and come up with a balanced budget for next year.

Each of them with their particularities, Greece, Portugal, Italy and Spain all share the challenge of dealing with the consequences of sustained large current account deficits, the accumulation of public and private debt and a protracted banking crisis.

And with government deficits making it difficult to commit public funding up front for new projects, some new means of generating private investment must be developed.

Deficit reduction, constructive welfare reform, more responsive public services, a measured demonstration that promises are being kept on crime and immigration — combined with a greater sense of direction and grip — all qualify.

The governor raised the specter of the unprecedented furloughs late last month as he expressed frustration with the Legislature's refusal to cut state spending as well as the refusal of the public - employee unions to agree to concessions to help close a looming $ 9.5 billion budget deficit.

For Labour that meant putting the deficit front and centre in a bid to show that the party can be trusted with the public finances.

If and when the deficit is gone and tax receipts flow in with greater value it is hard to imagine Osborne calling for major public investment.

Perhaps best known for advocating that the nation guard against the potential influence of the military — industrial complex, a term he is credited with coining, the speech also expressed concerns about planning for the future and the dangers of massive spending, especially deficit spending, the prospect of the domination of science through Federal funding and, conversely, the domination of science - based public policy by what he called a «scientific - technological elite».

However, throughout the second half of the 20th Century, national debt and public sector borrowing emerged as a structural problem in most developed economies, with large deficits being run year after year, as the role and «size» of the state has grown.

Last year, de Blasio asked the Legislature for $ 300 million in new funding to help make capital improvements at the New York City Housing Authority, the crumbling system of public housing with a multi-billion dollar deficit.

With a general election due to take place before the summer, all of the main political parties have vowed to tackle the UK's public deficit, which currently stands at # 178bn.

The poll is anomalous in giving the Conservatives a lead over the opposition, but it is in line with other surveys which find the public still trusts the Conservatives with economic policy, despite George Osborne admitting he would exceed the borrowing levels proposed by Alastair Darling and be unable to eradicate the deficit by the next election.

«His aim to half the deficit still leaves us with crippling interest payments at the expense of future public spending.

As well as having their pay frozen with inflation above 5 %, public sector workers face their pensions being raided to help pay off the budget deficit caused by the recession and the bank bail - out.

His deficit - cutting drive has been dealt a blow with new figures showing the worst October for the public finances in six years.

We have therefore agreed that there will need to be: - a significantly accelerated reduction in the structural deficit over the course of a Parliament, with the main burden of deficit reduction borne by reduced spending rather than increased taxes; - arrangements that will protect those on low incomes from the effect of public sector pay constraint and other spending constraints; and - protection of jobs by stopping Labour's proposed jobs tax.

They do not intend to replace Labour's risible legislative commitment to cutting the public - sector deficit with a serious one to restore full employment as a central objective of government policy.

Accordingly, a majority in all seats — reaching two thirds in the Conservative - Liberal Democrat battleground — agreed that «it is right to start cutting back on public spending now because the longer we put off dealing with the deficit the greater the cost of sorting it out».

That's when the voting public elect Dems to fix the deficit spending and bring down the debt with the only tool available being raising taxes or cutting the few services available to the residents.

Even if - and it is far from likely - Orbán obtains permission for such a deficit increase, economic realities will leave his government with no option other than to renege on their manifesto commitment not to implement savage public spending cuts.

'' «notes the threats to the future of the Royal Mail and welcomes the conclusion of the Hooper Report that, as part of a plan to place the Royal Mail on a sustainable path for the future, the current six days a week universal service obligation (USO) must be protected, that the primary duty of a new regulator should be to maintain the USO, and that the Government should address the growing pensions deficit; notes that modernisation in the Royal Mail is essential and that investment must be found for it; endorses the call for a new relationship between management and postal unions; urges engagement with relevant stakeholders to secure the Government's commitment to a thriving and prosperous Royal Mail, secure in public ownership, that is able to compete and lead internationally and that preserves the universal postal service; further notes the Conservatives» failure to invest in Royal Mail when they were in power in contrast with Labour's support for both Royal Mail and the Post Office; and notes that legislation on these issues will be subject to normal parliamentary procedures.»

They left us with massive debts, the highest deficit, overstretched armed forces, demoralised public services, endless ridiculous rules and regulations and quangos and bureaucracy and nonsense.

The IFS said that for all the Conservatives» warnings about public finances, Labour would meet its target to eliminate the deficit on day - to - day spending with # 21bn to spare.

Still reeling from the effects of the 2008 recession, suburban governments across Greater New York and in New Jersey are closing big budget deficits with a measure of last resort: public - sector layoffs.

Their own audit of Scotland's public finances confirms they would have struggled from the start with a fiscal crisis under the burden of the highest budget deficit in the western world.

Despite entering the crisis with a low level of public debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the burden of bank bail - outs on public finances.

Nearly 500,000 public sector jobs will be slashed over the next four years as the government tries to clear its deficit with its biggest round of spending cuts since World War II.

«Investment rather than cuts, combined with a drive to tackle over # 100bn in uncollected, evaded and avoided tax is the best way to tackle the public deficit.»

It implies that Labour accepts the Tory framing of the election that Labour caused an almightly economic mess, that the deficit is now the central issue and that deep cuts in pay, benefits and public services were the right way to deal with the deficit.

With a potential $ 3.5 billion budget deficit looming for New York, Mulgrew emphasized the need to generate new revenue to ensure the state can meet its obligations to public school students.

The prime minister promised the public they would have more money in their pockets within «just a few years» if they toughed out the forthcoming spending cuts, saying there was «no other responsible way» to deal with the budget deficit.