Sentences with phrase «years ran deficits»

Not exact matches

By running the risk of higher deficits, the Trump plan could damage the credibility of Republican lawmakers who spent years railing against the rising national debt under former President Barack Obama.

Last year, China ran a whopping 176 billion euro trade surplus with the EU, while the U.S. took a 120.8 billion euro deficit.

Finance Minister Jim Flaherty, who ran a projected $ 56 - billion federal deficit last year, recently softened his stance on stimulus along with his deadline to get back to balance, but even little trims hurt.

Following the 2015 election, the Liberal government abandoned pledges to run annual deficits of no more than $ 10 billion and to balance the books in four years.

It worked: By year 10, the bill doesn't increase the deficit, according to the Joint Committee on Taxation, suggesting that it won't raise the deficit over the long run.

By 1997 - 98 the deficit had been eliminated and the federal government then ran surplsuses for the next nine years.

Germany, with which the United States has run a trade deficit for years, is particularly concerned, having been repeatedly named alongside China as a possible currency manipulator.

The Parliamentary Budget Office has been warning that the federal government has been running a «structural deficit» for several years now, and the Conservative government has been dismissing those warnings for just as long.

While I understand that the NDP must feel intense pressure to capture votes — including from people who have never taken a course from John Smithin — I often wish that the NDP would show a bit more policy leadership on the issue of the deficit and debt. I was particularly disappointed during the 2008 federal election campaign when Mr. Layton stated, unequivocally, that the NDP would not run a deficit in the following year if elected (even though it was clear that Canada was entering a recession).

The Trustees themselves explain that Social Security's two biggest trust funds will start running terminal deficits in 2020 until they are fully depleted 14 years later.

The fragility of Italy's application — high levels of debt, runaway deficits — was underscored the next year when Italy was expelled from the exchange rate mechanism and came close to running out of money.

Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.

Until the Federal government can pass a budget (they haven't in almost four years), remove the 7 - year long ZIRP which penalizes savers and rewards debtors, and find a way to eventually remove the excess QEs and > $ 1 trillion annual spending deficits, I will stay on the porch while the «big dogs» run.

America has been running trade deficits for forty years, long before China even became a major trading nation.

Something similar happened a decade later, when East Asian countries, after years of mercantilist trade surpluses, began running large trade deficits.

Balsillie warned that the Liberals» plan to run budgetary deficits of up to $ 10 billion in each of the next three years could pale in comparison to what could be lost in the country's ideas economy because of the TPP.

Despite the region running on a gasoline supply deficit (compared to this week last year), all states saw prices decrease, which is in - line with the national trend, on the week: Wyoming -LRB--4 cents), Colorado -LRB--4 cents), Montana -LRB--2 cents), Idaho -LRB--1 cent) and Utah -LRB--1 cent).

We will run modest deficits for three years so that we can invest in growth for the middle class and credibly offer a plan to balance the budget in 2019.

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 budget.

Instead, his latest budget runs a deficit every year.

Including interest, this bill will add $ 1.7 trillion to the federal debt over 10 years, and the Treasury will run a trillion - dollar deficit every year going forward.

However, the deficit has been eliminated by the decision to continue to run a surplus of over $ 3 billion per year in the Employment Insurance account until 2017.

If a company has been running a deficit for the last 2 years you might sell your shares.

Fiscally, India has managed to bring its federal government deficit (as a proportion of GDP) down to 3.5 % this year, but the states run aggregate deficits in the order of 2.5 — 3 % as well, so the total government deficit is around 6.5 % of GDP.

The net income deficit increased by about one - third over the year to the September quarter 2004, to $ 7.2 billion, and is running at its highest share of GDP since 1997.

Despite years of economic prosperity, the PCs have run deficit budgets since 2008 and do not appear to have planned for any economic downturns (even though the price of oil has always been cyclical in nature).

-- Member of Parliament David Yurdiga «The federal government thinks that it is acceptable to run a $ 30 billion deficit and spending billions on foreign aid and international climate change projects, as well as on newcomer settlement programs all the while cutting over $ 100 million from the three northern territories over the course of the next five years.

Finance Minister Charles Sousa — who finally balanced the books last year when he promised surpluses for the foreseeable future — said Wednesday that Queen's Park will run a $ 6.7 billion deficit in 2018 - 19.

The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.

After running a $ 100bn deficit in 2015, it has been forced to suddenly slash government salaries and perks this year.

Those who run the Fed are despondent that despite implementing for eight YEARS an interest rate policy specifically designed to enable Obama to create a totally false illusion of economic «recovery» by massively increasing government spending with trillions of phony, deficit, zero - interest - rate «dollars,» the people saw through the economic lie and defeated the Fed's next intended puppet, Clinton.

At the end of the 2011 fiscal year, Detroit was running a $ 196.6 million deficit in its general fund.

Much of the debate over the past years about the benefits and the costs global specialization, primarily the rapid advance of China as a major manufacturing center has been less about the financial costs — the $ 12 trillion dollars of additional liquidity that the US consumers offered to the world (the cumulative US trade deficit from 1990 through 2015 compared to the over $ 3 trillion dollars in trade surplus run - up by China over this same period — and more in terms of the jobs lost and the impact of foreign products on American wages in manufacturing.

We are running a 1.5 trillion a year deficit.

«The thing that always worries me about Australia is that it runs a current account deficit, and that is even after god knows how many years of the most awesome commodity price increases you have ever seen,» Mr Buckland told The Australian Financial Review.

I'm pretty sure that running a small deficit would be acceptable, and I wonder if the minority owners can stretch out the losses over the years, rather than having to swallow the hit.

For all Ed Miliband's talk of restructuring the British economy and creating a responsible capitalism, the party's position on the core issue of the deficit was dangerously muddled: after three years of opposing «austerity», the Labour leadership spentthe run - up to the election trying to minimise its differences with the government.

Also, I'm not sure what you mean by «talk of a «structural deficit» is rubbish»: as things stand, without some major fiscal contraction, do you expect the government to still be running a deficit in a few years from now?

The coalition government wanted a fixed five - year run in order that it could meet its flagship policy of eradicating the fiscal deficit in one parliamentary term.

Brown ran a deficit every year since 2002.

«Without that funding — that as - of - yet - to - be-identified funding source — they will run a cash deficit next year,» Jamison Dague, the commission's director of infrastructure studies, said last week.

Labour ran a structural deficit some seven years before the banking crisis in 2007 - 08, and we entered the financial crisis with the largest structural deficit in the G7.

Last year, the group ran ads in favor of a budget that reduced spending and closed a $ 10 billion deficit without raising taxes.

New York's expected budget gap is growing larger — a more than $ 4 billion deficit heading into the next fiscal year now poses a challenge for Governor Andrew Cuomo and state lawmakers as they prepare to run for re-election.

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.

Syracuse city government has run structural deficits in the millions of dollars in recent years.

It runs annual deficits in the hundreds of millions of dollars each year, despite a series of measures under the de Blasio administration to restore fiscal stability.

The United States is running $ 1 trillion plus deficits a year and debt is almost 100 % of GDP and rising.

The agency runs at a deficit of between $ 2 million and $ 3 million per year.

Congressional analysts are projecting that President Donald Trump has inherited a stable economy and a government that is on track to run a $ 559 billion budget deficit for the ongoing budget year.