| 单词 | budget deficit |
| 例句 | Through knowledge, political will, and perhaps some luck, we seem to have tamed inflation and the budget deficit. Newjack: Guarding Sing Sing 2000-01-01T00:00:00Z Overall, the top issues listed by poll respondents included the economy, jobs, health care, the budget deficit, and education.3. 5 things the early polls tell us about the Obama-Romney matchup 2012-04-20T10:15:00Z With France burdened with a budget deficit of 8%, even his supporters believe the country can no longer support his plans. Sarkozy sparks party revolt as voters lose confidence in him 2010-04-03T23:07:00Z You can’t get the budget deficit under control with flowery speeches: you have to do the hard work of rewiring these large federal programs. CLASS Aside, Long-Term Care is a Key to Entitlement Reform 2011-10-31T18:44:52Z In an era of yawning budget deficits and teacher layoffs, schools in the Los Angeles area are looking at a non-traditional source for some extra cash - Hollywood. Cash-hungry LA schools seek movie shoots on campus 2010-07-09T23:25:00Z The chancellor said the budget deficit was nearly approaching half the level inherited by the coalition after the 2010 general election. George Osborne: UK working-age benefits to be frozen for two years 2014-09-29T04:00:00Z The sombre attire, presumably, was to show how all three took the challenge of cutting the budget deficit. Alistair Darling turns hard man but Vince Cable gets all the laughs 2010-03-29T21:22:00Z Leonhardt was honored for what the judges called "his graceful penetration of America's complicated economic questions, from the federal budget deficit to health care reform." Details on the 2011 Pulitzer Prize winners 2011-04-19T00:29:08Z This spring, the San Diego Opera nearly shut down for many of the reasons Gelb cited: dwindling audiences, declining donations, budget deficits. Metropolitan Opera, with new contract, gears up for season that nearly wasn’t Our federal budget deficit has increased by 68 percent since he took office, the highest it’s been in seven years. Finally, "The Man in the High Castle" fascist fantasy ends amidst America’s sobering reality 2019-11-15T05:00:00Z The company faced an “insurmountable budget deficit,” the board said. ArtsBeat Blog: Opera Boston to Shut Down 2011-12-23T20:11:05Z A budget deficit and headwinds from the global economy are likely to limit the president’s ability to implement broad changes. Brazil’s Lula Promised ‘More Books in Place of Guns.’ Can He Deliver? 2023-02-03T05:00:00Z The harsh glare of “Ring” nuts — Wagner-addled devotees who travel the world for “Ring” productions — and Met patrons will be focused on it, especially at a time of severe budget deficits. Arts & Leisure Preview: The Valhalla Machine 2010-09-17T16:10:00Z "I'm the person who's going to lead the charge," Huntsman said, "and not only fix the budget deficit, but fix the trust deficit." Gingrich, Romney set sights on Obama 2011-12-16T06:10:00Z In figures provided on Thursday, the orchestra said it was anticipating a budget deficit this season of $3.7 million on a projected operating budget of $44.2 million. More Shake-Ups at the Ailing Philadelphia Orchestra 2010-02-19T04:43:00Z In an era of yawning budget deficits and teacher layoffs, schools in the Los Angeles area are looking at a nontraditional source for some extra cash - Hollywood. Calif. schools seek Hollywood deals to raise cash 2010-07-10T22:01:00Z Instead, countries should restrict private credit growth and consider allowing the central bank to create money to finance a budget deficit. Fresh thoughts 2015-11-12T05:00:00Z "Those things needs to be addressed - and even the budget deficit," said Schwarzenegger. 'Last Stand' star Schwarzenegger talks gun control 2013-01-17T14:55:37Z Bolder steps are difficult with the huge U.S. budget deficit, Reinhart said. Stocks take a beating worldwide 2011-08-05T02:12:00Z But with its paid admission in a city filled with free museums, the Newseum struggled with perennial budget deficits and relied on the Freedom Forum for almost $500 million over its 20-year history. Newseum donates its distinctive First Amendment facade to Philadelphia history center 2021-03-17T04:00:00Z The Conservative-Liberal Democrat coalition is seeking savings to address a record budget deficit, and departments are facing cuts of some 25 percent in a spending review to be announced in October. Clint Eastwood pleads for axed UK film lobby group 2010-08-09T16:13:00Z They also want to lock in their full payers early, a desire that may only grow stronger as colleges grapple with budget deficits brought upon by Covid-19. A Separate and Unequal System of College Admissions 2020-09-15T04:00:00Z With Spain's budget deficit estimated at about 10% of GDP last year, austerity measures have chopped away much of the country's arts funding. Spain's microtheatres provide lifeline for actors as public subsidies dry up 2013-02-28T17:09:06Z She was the first choice to play Sally, and her star power would have generated significant ticket sales for the nonprofit company, which had been struggling with sizable budget deficits. Emma Stone Joins ‘Cabaret’ on Broadway 2014-10-23T04:00:00Z She returns to New York at a time when the Philharmonic, despite Mr. Gilbert’s admirable innovations, seems directionless; she also must grapple with a chronic budget deficit. New Concerto, New Leader: A Big Day at the New York Philharmonic 2017-03-16T04:00:00Z Homeowners are being asked to pay, on average, an extra $84 in annual property taxes to help plug Chicago Public Schools' $712 million budget deficit. City school tax hike greeted with frustration 2011-08-13T02:09:00Z As a share of the economy, it’s the largest set of budget deficits since World War II. How Romney Can Reduce Spending While Repealing Obama's Cuts to Medicare 2012-08-15T06:07:56Z The board of trustees at Carnegie Hall is still deciding how to deal with its $8 million budget deficit caused by the pandemic, said Clive Gillinson, its executive and artistic director. The Sacrosanct Endowment? Not Anymore for Some Arts Groups 2020-06-02T04:00:00Z In April, faced with a $3.5 billion budget deficit due to falling oil revenue, state officials shuttered the last of the bars on the six ferries that had them. On Alaska’s Ferries, Beloved Bars No Longer Make the Trip 2015-09-10T04:00:00Z Seventeen percent said the federal budget deficit was their top issue, while 9 percent said abortion. Romney slightly ahead of Santorum 2012-03-11T03:40:00Z A budget deficit opened while she was in the position, and some board members faulted her for not addressing it quickly enough. The 10 Biggest Upheavals of Lincoln Center’s Tumultuous Year 2018-12-28T05:00:00Z Over the years there have been flops and budget deficits, as well as successes, and some critics have suggested that Roundabout was overextended. Todd Haimes, Who Rebuilt Roundabout Theater Company, Dies at 66 2023-04-19T04:00:00Z So, if it doesn't make the payment, the federal budget deficit appears $5.5 billion bigger, something few members of Congress are likely to favor. If the post office closed, would anyone miss it? 2011-09-10T13:48:00Z What may be less recognized is that a continued budget deficit for blood services leads to a reduced budget for research on blood banking and related fields. I want your blood. No really, your blood is urgently needed 2017-01-16T05:00:00Z But the success of the proposal is uncertain in a state where the budget deficit stands at $19 billion, and Gov. Calif. lawmaker ponders Neverland as state park 2010-07-14T02:00:00Z Faced with higher budget deficits caused by higher unemployment and slower growth, finance ministers made matters worse by raising taxes and cutting spending. What the 21st century can learn from the 1929 crash | Larry Elliott 2017-03-04T05:00:00Z They would do irreparable damage to British life while scarcely making tuppence difference to reducing the budget deficit. Memo to Jeremy Hunt: Hands off the arts budget 2010-05-13T15:06:00Z Strikes from December to March shut down 84 performances, opening up a budget deficit of €45 million. Running the Paris Opera Was Never Going to Be Easy. But Come On. 2020-11-18T05:00:00Z Wage increases have been hard to come by, and the strong desire of governments to reduce budget deficits has resulted in unpopular austerity measures. What the 21st century can learn from the 1929 crash | Larry Elliott 2017-03-04T05:00:00Z With many nonprofit American theaters struggling to avoid budget deficits these days, the pressure on new leaders like Mr. Yew is even greater. Victory Gardens Theater in Chicago in New Era With Chay Yew 2012-11-21T23:12:32Z RENO, Nev. — The Nevada State Fair is folding up its tent, ending a run of 136 consecutive years this summer due to an insurmountable budget deficit. Debt burden ends Nevada State Fair after 136 years 2011-03-10T02:01:05Z Romney led among voters whose priorities included the budget deficit and Iran. 5 things the early polls tell us about the Obama-Romney matchup 2012-04-20T10:15:00Z The CTA faces a $277 million budget deficit next year, the transit agency's president disclosed Tuesday, without unveiling a strategy to close the gap. Claypool: CTA faces $277M in red ink 2011-10-04T13:52:00Z The council said it needed to plug a £154m budget deficit over the next three years and it was not "legitimate" to continue funding any longer. Theatre's funding cut by council 2014-02-20T19:31:46Z Meanwhile, Republicans are scrambling to shield the military from automatic cuts that are due to kick in 2013 after the committee failed to trim U.S. budget deficits by at least trillion over 10 years. Obama pushes tax cut after debt panel fails 2011-11-22T11:16:00Z Ms. Joseph said that the institution’s board saw no way out of a continuing budget deficit, despite the healthy tuition generated by the school. National Academy Plans to Sell Two Fifth Avenue Buildings 2016-03-17T04:00:00Z By way of projecting a federal budget deficit into both the near and distant future, the season’s presidential candidates float cloud-capped towers of imaginary numbers destined to leave not a rack behind. My book was a bad idea 2012-06-27T00:00:00Z How to cut taxes and still reduce the budget deficit by 2020. Style Invitational Week 1242: That was then . . . — give us a then/now joke 2017-08-24T04:00:00Z So it would be advantageous of the VA to consider alternative treatments because it would help the budget deficit. Veterans hope MDMA can cure their PTSD: “It’s hard to talk about because it’s the elephant in the room” 2015-11-11T05:00:00Z The budget deficit became a source of irritation between the creative team of the exhibition and the government of Kassel and the state of Hesse, which are shareholders in the company that operates the exhibition. Documenta’s Athens Venue Was a Costly Success, Officials Say 2017-09-21T04:00:00Z Atlantic City Mayor Don Guardian took office early this year to discover the city ran a $10 million budget deficit last year, a number that is on track to rise this year without budget action. As Atlantic City's fortunes fade, casino workers fear bleak future 2014-07-10T04:00:00Z The school was also facing financial difficulties as the state struggled with a multibillion-dollar budget deficit. U. of I. president says he did poor job of connecting with faculty 2012-03-08T19:46:00Z Earlier this year, the museum offered buyouts to staff members in the face of a budget deficit. Brooklyn Museum Loses Air-Conditioning and Will Close for Weekend 2016-07-07T04:00:00Z The Brooklyn Museum is offering voluntary buyouts to address a budget deficit of about $3.5 million, the museum’s director, Anne Pasternak, informed the staff on Wednesday. Brooklyn Museum Offers Staff Buyouts 2016-05-18T04:00:00Z Constrained by the realism of budget deficits, the will of Congress and competing claims for other projects, a new president may not be able to put arts at the forefront of his thinking. Joe Biden and the Arts: No R.B.G. but a Loyal Promoter of Culture 2020-10-30T04:00:00Z “We’re facing a huge budget deficit. We’ve tried for years to get more robust funding for conservation, one of the prime things related to collections care.” Facing Deficit, Met Considers Selling Art to Help Pay the Bills 2021-02-05T05:00:00Z It is a sensible, straightforward, honest, serious budget and it cut the budget deficit just like we did by four trillion dollars. Yes, Paul Ryan Spoke the Truth About Obama's Fiscal Record at the Republican Convention 2012-08-30T05:21:38Z In addition, the government changed the accounting principle by which borrowing counted against the budget deficit in the year it was actually done. German court deals blow to Scholz government with budget ruling 2023-11-15T05:00:00Z In addition, the government changed the accounting principal by which borrowing counted against the budget deficit in the year the borrowing was actually done. German Court deals blow to Scholz govt with budget ruling 2023-11-15T05:00:00Z As a result, Israel recorded a budget deficit of 22.9 billion shekels in October, a leap from 4.6 billion in September and pushing up the deficit over the prior 12 months to 2.6%. Israel says it raised $8 billion of debt since start of war with Hamas 2023-11-13T05:00:00Z The federal government’s budget deficit jumped to $1.7 trillion in the budget year that ended Sept. 30, up from $1.38 trillion the previous year. Moody’s lowers US credit outlook, though keeps triple-A rating 2023-11-10T05:00:00Z Infighting among House Republicans has led to flirtations with government shutdowns yet both parties have contributed to budget deficits. Moody's turns negative on US credit rating, draws Washington ire 2023-11-11T05:00:00Z Orban is faced with economic stagnation this year and a widening budget deficit as the country clambers out of Europe's highest inflation rates that peaked above 25% in the first quarter. Hungary's Orban says EU must not start membership talks with Ukraine 2023-11-10T05:00:00Z A higher budget deficit next year will help drive the country's economic recovery, he said. China can raise 2024 budget deficit ratio to spur growth - c.bank adviser 2023-11-10T05:00:00Z The nonpartisan Congressional Budget Office said the IRS cuts would add nearly $30 billion to the U.S. budget deficit. Families of Jewish hostages in Gaza help Speaker Johnson press Senate to pass Israel aid bill 2023-11-07T05:00:00Z Democrats called the proposed IRS cuts a politically motivated "poison pill" that would increase the U.S. budget deficit by cutting back on tax collection. US Senate Democrats block Republican bid to aid Israel, not Ukraine 2023-11-07T05:00:00Z Saudi Arabia last week reported a budget deficit of about $9.5 billion in the third quarter. Saudi Aramco net profit drops less than expected, shares inch up 2023-11-07T05:00:00Z SB 525 is one of the most expensive laws California has seen in years and comes as the state faces a $14-billion budget deficit that could grow larger, if revenue projections continue to fall short. Healthcare minimum wage expected to cost $4 billion in first year as California budget deficit looms 2023-11-04T04:00:00Z Democrats objected to cutting money for the IRS, saying it will increase the country's budget deficit by cutting back on tax collection. US House to vote on Republicans' standalone $14.3 billion Israel bill 2023-11-02T04:00:00Z For one thing, the government is expected to sell potentially trillions of dollars more in bonds in the coming years to finance huge budget deficits even as the Fed is shrinking its holdings of bonds. Federal Reserve leaves key rate unchanged for 2nd straight time, leaves door open to future hike 2023-11-01T04:00:00Z Analysts have said it is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter to fund a widening budget deficit. Wall St closes higher on eve of Fed decision; investors assess earnings 2023-10-31T04:00:00Z Some government advisers are recommending China lifts its 2024 budget deficit target beyond the 3% of GDP set for this year, which would allow Beijing to issue more bonds to revive the economy. China factory activity unexpectedly shrinks in Oct, dents recovery momentum 2023-10-31T04:00:00Z Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit. Wall St rises on megacap boost ahead of Fed rate verdict 2023-10-30T04:00:00Z While Democrats and many Republicans still strongly support Ukraine, a smaller but vocal group of Republicans question sending more money to the government in Kyiv at a time of steep budget deficits. US House to vote on Republicans' standalone $14.3 billion Israel bill 2023-11-02T04:00:00Z Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit, analysts said. US Treasury seen boosting auction sizes as budget deficit worsens 2023-10-29T04:00:00Z Speaking at a news conference, Lula said there is no need to eliminate the budget deficit immediately and chided investors for being "too greedy" in demanding targets that cannot be met. Lula says no need to erase Brazil's fiscal deficit next year 2023-10-27T04:00:00Z Analysts at UBS expect the government to raise its budget deficit and special local bond quotas for 2024, alongside further cuts in interest rates and bank reserve requirement ratios. China's new bonds to help economic recovery, official says, as budget deficit rises 2023-10-25T04:00:00Z America’s federal budget deficit effectively doubled in the 2023 fiscal year as slumping tax receipts, rising interest rates and persistent demand for expiring pandemic relief benefits strained the nation’s finances. Treasury Report Shows $1.7 Trillion Deficit 2023-10-20T04:00:00Z America’s federal budget deficit appears to have roughly doubled over the year to $2 trillion, a surprising jump given the strength of the economy. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z The budget deficit is increasing due to several factors, including higher federal government borrowing costs arising from the Federal Reserve's interest rate increases and quantitative tightening. US Treasury seen boosting auction sizes as budget deficit worsens 2023-10-29T04:00:00Z House Republican lawmakers in recent weeks nearly brought government to a halt over chronic budget deficits and $31.4 trillion in debt, threatening to slash government spending across the board. US leadership 'holds the world together,' Biden says in bid for Ukraine, Israel funds 2023-10-20T04:00:00Z In a rare move, China sharply lifted its 2023 budget deficit to around 3.8% of gross domestic product from an originally set 3% due to the rise in central government debt, according to state media. China's new bonds to help economic recovery, official says, as budget deficit rises 2023-10-25T04:00:00Z It came after he worked with lawmakers this year to try to close a projected $31.5 billion budget deficit. In big year for labor, California Gov. Gavin Newsom delivers both wins and surprises 2023-10-17T04:00:00Z Babis has also criticized a government package designed to keep the ballooning budget deficit under control. Czech government faces no-confidence vote in Parliament sought by populist ex-prime minister 2023-10-17T04:00:00Z Its debt risk premium jumped this month as it cut growth and hiked budget deficit forecasts. Insight: As global debt worries mount, is another crisis brewing? 2023-10-16T04:00:00Z The total fiscal impact on the state — which is facing a billion-dollar budget deficit — is yet to be confirmed but expected to be significantly less because of the amendments to the bill. California healthcare workers to get $25 an hour after Newsom approves historic minimum wage 2023-10-13T04:00:00Z The government’s budget deficit is also worsening, requiring more Treasury debt to fund it. US inflation may have risen only modestly last month as Fed officials signal no rate hike is likely 2023-10-11T04:00:00Z Gaspar said the challenge for the United States was persistently high and growing budget deficits. IMF fiscal chief: U.S., China must rein in debt, face different challenges 2023-10-11T04:00:00Z China is looking to increase its budget deficit for 2023 as the government prepares to bring a new round of stimulus to help the economy meet Beijing's annual growth target, Bloomberg News reported on Tuesday. Dollar loses steam ahead of Fed meeting minutes, US inflation test 2023-10-11T04:00:00Z Federal Reserve will keep rates higher for longer and growing worries about government spending and a ballooning budget deficit in the United States, the world's top oil consumer. Oil prices hold steady, Russia rolls back diesel export ban 2023-10-06T04:00:00Z Bond investors' rising concerns around government spending and a ballooning budget deficit in the United States, the world's top oil consumer, are contributing to a steep sell-off that has pushed Treasury prices to 17-year lows. Oil on track for sharpest weekly decline since March 2023-10-06T04:00:00Z The U.S. government’s persistent budget deficit and growing debts were low on Wall Street’s list of worries when interest rates were at rock bottom for years. Higher Rates Stoke a Growing Chorus of Deficit Concerns 2023-10-05T04:00:00Z The Treasury Department is now also auctioning off more debt to cover the government’s swelling budget deficit, which reached $1.5 trillion this year and is expected to rise further in 2024. Rising long-term interest rates are posing the latest threat to a US economic ‘soft landing’ 2023-10-05T04:00:00Z Bill Walker, an independent, slashed the amount available for dividends amid persistently low oil prices and large budget deficits. Nearly every Alaskan gets a $1,312 oil check this fall. The unique benefit is a blessing and a curse 2023-10-04T04:00:00Z Also weighing on prices is an increase in the supply of bonds, as governments sell more debt to fund budget deficits while offloading the vast bond holdings they built up through recent crises. World's biggest bond markets hit by heavy selloff 2023-10-04T04:00:00Z Also weighing on prices is an increase in the supply of bonds, as governments sell more debt to fund budget deficits while offloading the vast bond holdings they built up through recent crises. World's biggest bond markets hit by heavy selloff 2023-10-04T04:00:00Z They also argue that as the United States faces steep budget deficits, the federal government should be spending money at home or to boost its ability to compete with China. Explainer: What's at stake in the US Congress' debate over Ukraine aid? 2023-10-03T04:00:00Z Sources stressed, however, a deal was not a foregone conclusion and much also depended on Orban, who is faced with economic stagnation and a widening budget deficit at home. Billions in frozen funds for Hungary on table as EU seeks Ukraine support 2023-10-03T04:00:00Z But it was expected to cost at least $42 million annually at a time when the state is facing a multibillion-dollar budget deficit. California housekeepers won't get work safety protections after another Newsom veto 2023-09-30T04:00:00Z The incoming government in the nation of 5.5 million will take over a ballooning budget deficit forecast to be the highest in the euro zone. Progressive Slovakia leading in election, exit polls show 2023-10-01T04:00:00Z Analysts and diplomats have also said that Slovakia, with the euro zone's biggest budget deficit of nearly 7% of gross domestic product this year, badly needs EU's modernisation and recovery funds. Slovaks choose between pro-Russian ex-PM Fico and pro-Western liberals 2023-09-29T04:00:00Z Among them are fiscal concerns centered around the U.S., where the budget deficit has soared and a credit downgrade by ratings firm Fitch has unnerved some investors. Global bond investors fear more declines after vicious quarterly selloff 2023-09-29T04:00:00Z EU law says budget deficits, if in excess of 3.0% of GDP, must shrink by 0.5% each year until they comply with the limit. Euro zone 2024 fiscal tightening seen limited by slowing economy 2023-09-27T04:00:00Z Resilient economic data, hawkish Federal Reserve rhetoric, and a budget deficit that will require increased borrowing have all combined to push the 10-year yield up more than 40 basis points this month. Morning Bid: Rate jitters wear down wary markets 2023-09-27T04:00:00Z It comes as the U.S. budget deficit continues to widen on higher spending and falling tax receipts. Morning Bid: Treasury yields march on 2023-09-26T04:00:00Z Italy is also preparing to raise this year's budget deficit above the current target of 4.5% of GDP due to the growing impact of costly fiscal incentives for home improvements. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z In Italy, 10-year yields have risen 75 basis points this month, with the debt continuing to sell off sharply on Thursday after Italy's government hiked its budget deficit targets and cut growth forecasts. Global bond investors fear more declines after vicious quarterly selloff 2023-09-29T04:00:00Z EU fiscal rules underpin the value of the euro used by 20 countries and set a limit on budget deficits of 3% of GDP and a public debt limit of 60% of GDP. EU ministers agree on fiscal reform 'camino', aim for year-end deal 2023-09-16T04:00:00Z But as a result of California’s budget deficit, a shelter run by Catholic Charities has had to scale back beds for migrants from 1,600 to 800, according to Vino Pajanor, the nonprofit’s CEO. Border Patrol leaves migrants stranded in San Diego as shelters reach capacity 2023-09-16T04:00:00Z Republican Sen. Brian Jones criticized Irwin’s proposal, saying it’s not fiscally responsible to take on more debts when the state continues to face budget deficits. California lawmakers sign off on ballot measure to reform mental health care system 2023-09-14T04:00:00Z The real federal budget deficit is on track to double this year, according to new projections that puncture hopes of a post-pandemic fiscal honeymoon and indicate rough fiscal seas ahead. Pandemic budget honeymoon disappears as federal spending surges 2023-09-13T04:00:00Z The government has already largely increased the state budget deficit with spending on benefits for large families and retirees, its own voter base as well as on purchasing armament. Poland’s political parties reveal campaign programs before the Oct.15 general election 2023-09-09T04:00:00Z A deal that does not cut into the U.S. budget deficit may push yields on government debt higher, potentially extending a move that has wobbled stocks in recent weeks, said Christopher. Analysis: Potential US government shutdown could dent investor confidence 2023-09-08T04:00:00Z Republican lawmakers say the Legislature needs more of a say in the process, especially when the state faces a nearly $32 billion budget deficit. Newsom plans to transform San Quentin State Prison. Lawmakers and the public have had little input 2023-08-30T04:00:00Z The next government will also have to tackle a soaring budget deficit, and an economy that's behind in meeting the European Union's clean energy rules. Explainer: What's at stake in Poland's parliamentary election 2023-08-28T04:00:00Z Seattle Schools dug itself out of a $131 million budget deficit for the upcoming school year by liquidating its rainy day fund, making major cuts to the central office and using federal relief dollars. These school resources mean the most to Seattle families 2023-08-28T04:00:00Z Since taking office, Mansouri has been urging the government to pass some reforms, cautioning that the central bank cannot continue to spend money to fund the government’s budget deficit. Lebanon’s interim central bank chief vows not to lend money to government 2023-08-25T04:00:00Z This is one reason the government is projecting a return to budget deficits, after recording a rare surplus in the 2022/23 fiscal year just gone. Australia economy to slow, govt spending to rise as population ages-report 2023-08-24T04:00:00Z The jump in Treasury yields has likely been driven, in part, by the government’s ramped-up sale of bonds to finance gaping budget deficits. Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates? 2023-08-23T04:00:00Z As Russia's military spending soars and sanctions squeeze its energy revenues, Moscow faces a battle to keep its budget deficit in check. Blood and billions: the cost of Russia's war in Ukraine 2023-08-23T04:00:00Z Russia's widening budget deficit and stark labour shortage have contributed to rising inflationary pressure all year. Putin says Russia faces big economic challenges, must keep inflation in check 2023-08-22T04:00:00Z The supposed reason is a huge budget deficit, the harvest of a systematic cutback in state funding. Column: The right-wing campaign to make our kids dumber 2023-08-22T04:00:00Z While Beijing might not have the appetite for debt-funded spending, the same cannot be said of the United States where the budget deficit is running at an annual $1.6 trillion. Morning Bid: China takes the slow road on stimulus 2023-08-21T04:00:00Z Prime Minister Hussein Arnous said last year that cutting fuel subsidies would ensure the poorest families benefited, reduce the budget deficit and help stabilise the Syrian pound. Syria doubles public-sector pay and cuts subsidies as economy sinks 2023-08-16T04:00:00Z That has upended financial projections, with analysts predicting budget deficits in the range of $700 billion to $1.1 trillion over 10 years. Biden to explain Inflation Reduction Act on one-year anniversary 2023-08-16T04:00:00Z That has upended financial projections, with some analysts at Goldman Sachs, Credit Suisse and University of Pennsylvania’s Wharton Business School predicting budget deficits in the range of $700 billion to $1.1 trillion over 10 years. One year on, Biden still needs to explain his signature clean energy legislation 2023-08-16T04:00:00Z Without the hammer of enforcement, the district, with a $131 million budget deficit, could lose about $1 million a year in revenue. By failing to honor bus-stop deal, Seattle Public Schools risks student safety | Editorial 2023-08-15T04:00:00Z That would not be welcome news to Treasuries, which are being forced to cheapen to maintain demand as the government borrows large to fund its $1.6 trillion budget deficit. Morning Bid: China property troubles plague Asia stocks 2023-08-14T04:00:00Z Maybe a much bigger-than-expected budget deficit frightened prospective buyers, who stayed away at Thursday's 30-year Treasury auction and left the Street holding the paper. Morning Bid: Bonds droop as inflation cheer fades 2023-08-11T04:00:00Z This time, the challenges are seen in both a struggling rubble that is fueling inflation, but also in government budget deficits that raise concerns about the sustainability of Russia’s intense spending on the war. Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes 2023-08-10T04:00:00Z The Commonwealth Games' TV rights, the main driver of income for international sports events, pale in comparison with the soccer World Cup and the Olympics, leaving national and local governments facing budget deficits. Alberta, Victoria withdrawals 'devastating blow' for Commonwealth Games 2023-08-06T04:00:00Z The budget deficit that Hobbs inherited is not caused by that function of the program. 'School choice' was doomed when it became a cover for segregation | LZ Granderson 2023-08-03T04:00:00Z Under new fiscal rules still pending congressional approval, the government would need to erase its budget deficit in 2024, with a tolerance margin of 0.25 percentage point of GDP. Brazil faces setbacks on push to erase budget deficit 2023-08-01T04:00:00Z Riyadh said in a statement the cash injection is part of Saudi Arabia’s ongoing efforts to help stabilize Yemini food prices, address the country’s budget deficit and support salary payments. Saudi Arabia to grant Yemen $1.2 billion in economic aid 2023-08-01T04:00:00Z The Treasury has largely relied on sales of bills since the debt ceiling was suspended in June to replenish its cash holdings and fund its growing budget deficit. Auction sizes set to increase at US Treasury refunding 2023-07-28T04:00:00Z That last year, she angled for an update to a telehealth contract the school held with the county’s Department of Mental Health to help reduce her program’s huge budget deficit. Former USC dean sentenced to 18 months’ house arrest for bribery 2023-07-25T04:00:00Z Inflation in Turkey was 38% last month, down from a high of 85% in October, while the budget deficit widened to $8.37 billion in June, seven times the level of a year earlier. Turkey’s finance chief heralds $50.7 billion deals with UAE as Erdogan tours Gulf nations 2023-07-19T04:00:00Z However, the sources, who requested anonymity to discuss internal deliberations, said the Finance Ministry now aims to break off key revenue-raising measures for early passage to bring Brazil's primary budget deficit in 2024 to zero. Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources 2023-07-18T04:00:00Z In a corresponding statement Tuesday, Yemen’s government said the $1.2 billion aid package would be used to address its budget deficit, support salaries and ensure food security. Saudi Arabia to grant Yemen $1.2 billion in economic aid 2023-08-01T04:00:00Z The subsidy had kept prices cheap for decades but had become increasingly expensive - it cost the government $10 billion last year - leading to wider budget deficits and driving up government debt. Nigeria's Senate approves Tinubu's $800 million World Bank loan request 2023-07-13T04:00:00Z The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and July benefit payments were accelerated into June, the U.S. U.S. Treasury posts sharply higher $228 billion June deficit 2023-07-13T04:00:00Z A continuing budget deficit is likely after a $32 billion shortfall this year. From poverty to power, new California Speaker seeks Democratic caucus unity but offers few details 2023-07-08T04:00:00Z There are also deep financial ties: China stockpiles part of its trade surpluses and foreign currency reserves in Treasury debt, which helps to finance U.S. government budget deficits. Yellen’s visit to Beijing aims to heal rifts over a daunting array of China-US antagonisms 2023-07-07T04:00:00Z Ukraine relies on financial aid from its foreign partners to be able to cover its budget deficit. Ukraine to receive $1.5 bln from World Bank to support reconstruction 2023-06-30T04:00:00Z Even so, panelists rejected arguments that the proposals are financially unrealistic in a state grappling with a projected budget deficit of nearly $32 billion. California reparations task force sends ambitious plan to Newsom 2023-06-29T04:00:00Z Approval of Roszarubezhneft's request could provide Russia with an additional source of cash at a time when Western sanctions for the war in Ukraine have clobbered its oil revenues and deepened a budget deficit. Exclusive: Russian firm asks Venezuela to match Chevron oil-for-debt deal 2023-06-27T04:00:00Z California’s budget deficit complicated negotiations at the state Capitol, where financial analysts expect tax collection to fall nearly $32 billion short of the money allocated for state programs. Takeaways from the California budget deal between Newsom and Democratic lawmakers 2023-06-27T04:00:00Z More adults also favored Republicans than Democrats on the issues of crime, immigration, the budget deficit and foreign policy. Pew: Most adults side with GOP over Democrats on the economy 2023-06-22T04:00:00Z That included referencing Florida’s record-high budget and California’s current budget deficit, he said. Biden announces funding to combat climate change, raises campaign money, during swing through California 2023-06-19T04:00:00Z A self-styled fiscal conservative, Orpo campaigned on a promise to reduce the government's budget deficit by cutting spending while also reducing taxes and seeking to boost private sector job creation. Finland's parliament backs Petteri Orpo as PM, replacing Sanna Marin 2023-06-20T04:00:00Z That included referencing Florida’s record high budget and California’s current budget deficit, he said. Biden announces funding to combat climate change, raises campaign money, during swing through California 2023-06-19T04:00:00Z Romania holds presidential, general, local and European elections in 2024, when it must bring its budget deficit back below the bloc's ceiling of 3% of gross domestic product. Romanian lawmakers back new coalition government 2023-06-15T04:00:00Z Republicans were more likely to mention illegal immigration, moral values and the budget deficit as top concerns. Pew: Most adults side with GOP over Democrats on the economy 2023-06-22T04:00:00Z The EU state holds presidential, general, local and European elections in 2024, when it must bring its budget deficit back below the European bloc's ceiling of 3% of gross domestic product. Romanian president taps new premier to form government in agreed power swap 2023-06-13T04:00:00Z Meanwhile, Romania must bring its consolidated budget deficit below the EU's 3% ceiling by 2024, when the country holds presidential, general, local and European elections. Romanian PM Ciuca resigns in power swap agreed by ruling coalition 2023-06-12T04:00:00Z McDonald also pressed Schulz on whether the $1.4 million interest earnings that were being transferred to help cover the budget deficit had to be used for athletics. WSU Board of Regents approves $1.4 million transfer to athletics to cover deficit 2023-06-09T04:00:00Z Further budget deficit expansion could require tighter monetary policy, the bank said. Russian c.bank flags rising inflation risks after keeping rates on hold 2023-06-09T04:00:00Z “These range from economic concerns, such as inflation, affordability of health care and the budget deficit, to drug addiction, gun violence and violent crime.” Pew: Most adults side with GOP over Democrats on the economy 2023-06-22T04:00:00Z The state, which relies heavily on taxes paid by wealthy people, is projected to have a $31.5 billion budget deficit this year amid a struggling stock market and layoffs in the tech industry. Car-obsessed California seeks to follow New York’s lead and save public transit 2023-06-09T04:00:00Z On Wednesday, Mr. DeSantis took a shot back at Mr. Newsom, comparing California’s budget deficit to his own state’s fiscal surplus. With a Jab at Newsom, DeSantis Defends Migrant Flights 2023-06-07T04:00:00Z The International Monetary Fund is among those expecting Russia to see a sharply wider budget deficit this year. Russian budget deficit narrows to $42 bln after slight surplus in May 2023-06-06T04:00:00Z There, GOP leaders had already been skeptical of Shapiro’s more modest spending proposal, citing forecasts of slowing tax collections, budget deficits and possibly a recession. Growing budget fight in divided Legislature could test Pennsylvania’s Democratic governor 2023-06-05T04:00:00Z “Our expectation is that OPEC+ will stick with current output quotas,” he said, adding that “there have been signs that the government may be readying to live with lower oil prices and running budget deficits.” With oil prices slumping, OPEC+ producers weigh more production cuts 2023-06-04T04:00:00Z California, with a projected budget deficit in the tens of billions of dollars, was a notable exception. In a Contentious Lawmaking Season, Red States Got Redder and Blue Ones Bluer 2023-06-04T04:00:00Z That agreement, between President Barack Obama and Speaker John Boehner, limited discretionary spending growth for a decade, helping to drive down budget deficits for years. The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast 2023-06-02T04:00:00Z Republicans, for their part, allowed other priorities to blunt their effort to reduce budget deficits. Analysis: US debt-ceiling deal averts disaster, but savings might be less than advertised 2023-06-01T04:00:00Z And, in the face of a projected $32-billion state budget deficit, Newsom says California cannot afford to spend the money to further reduce out-of-pocket costs. Democratic lawmakers press Newsom to spend millions from health insurance fines 2023-05-31T04:00:00Z The aid is intended to cover huge budget deficits caused by vastly higher military spending and the loss of tax revenue from areas occupied by Russian troops as well as to support economic reform efforts. Ukraine’s economy shows ‘resilience’ from Russian attacks, IMF says as it backs aid 2023-05-30T04:00:00Z AB 710, which was projected to cost the state up to $8 million, failed this month as part of a mass culling of bills with price tags as California faces a budget deficit. Even in blue California, attempts to regulate controversial antiabortion centers continue to fail 2023-05-28T04:00:00Z Mr. Biden criticized Republicans on Sunday for not considering raising additional tax revenue to reduce future budget deficits as part of the negotiations. Biden and McCarthy Set to Resume Negotiations on Debt Limit 2023-05-21T04:00:00Z “The state has an immense budget deficit, there are continuing housing and homelessness and education crises. Maybe the Senate turns out to be a better way for him to get to the White House.” Sen. Dianne Feinstein insists she’ll finish her term, but what happens if that changes? 2023-05-22T04:00:00Z As California stares down a budget deficit, Newsom has proposed paying for such programs with money from legal settlements with opioid manufacturers. California plans to spend more on Narcan, but it could lose workers who hand it out 2023-05-21T04:00:00Z Mr Biden has argued that raising the debt limit and reducing the budget deficit should be two separate issues, but about six in 10 Americans disagree, according to a new Associated Press-NORC poll. US debt ceiling: Republicans hit 'pause' on negotiations for now 2023-05-19T04:00:00Z The governor just projected a $31.5-billion budget deficit for the next fiscal year. Column: Newsom and California lawmakers need to say where they stand on reparations for slavery 2023-05-18T04:00:00Z Republicans are also continuing to seek a reduction in enforcement funding for the I.R.S., a move that the Congressional Budget Office estimates would increase the budget deficit by decreasing future federal tax receipts. Biden and McCarthy Set to Resume Negotiations on Debt Limit 2023-05-21T04:00:00Z Data published last week showed that Russia's budget deficit stood at 3.4 trillion roubles for January to April, compared with a 1.2-trillion-rouble surplus in 2022, as Moscow has spent heavily and energy revenues have dropped. Russia's defence spending jumped 282% y/y to $26 bln in Jan-Feb -budget data 2023-05-15T04:00:00Z Revenue collections through April were lower than the agency expected, resulting in a projected budget deficit of $1.5 trillion for 2023, the office’s update to the nation’s 10-year budget outlook says. More red ink: Congressional budget agency projects bigger deficits as debt talks continue 2023-05-12T04:00:00Z In a separate report released on Friday, the Congressional Budget Office said it projected a federal budget deficit of $1.5 trillion this year — slightly higher than its forecast in February. U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, C.B.O. Warns 2023-05-12T04:00:00Z They will let Rome burn unless the U.S. budget deficit is reduced by whatever means they choose. Republicans: ‘Destructive ideology’ 2023-05-12T04:00:00Z The proposals come as the state faces a projected $22.5 billion budget deficit. California lawmakers on reparations panel challenge assumptions about payments to Black residents 2023-05-12T04:00:00Z The recommendations were made as the state faces a projected $22.5 billion budget deficit. California lawmakers on reparations panel challenge assumptions about payments to Black residents 2023-05-11T04:00:00Z Republicans have pointed out in recent weeks that, as a senator, Mr. Biden railed against budget deficits during the Reagan presidency. How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance 2023-05-10T04:00:00Z Republican House Speaker Kevin McCarthy has said his chamber will not approve any deal that doesn't cut spending to address a growing budget deficit. Biden meets McCarthy, McConnell on U.S. debt ceiling 2023-05-09T04:00:00Z Because the federal government runs budget deficits — meaning it spends more than it brings in through taxes and other revenue — it must borrow huge sums of money to pay its bills. What is the debt ceiling? 2023-05-09T04:00:00Z The rookie governor was fighting a budget deficit, and he even raised taxes. Column: A half-century after failing to reform mental health care, California tries again 2023-05-08T04:00:00Z Republican House of Representatives Speaker Kevin McCarthy has said his chamber will not approve any deal that does not cut spending to address a growing budget deficit. Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms 2023-05-08T04:00:00Z Like previous moments of brinkmanship, the discussions have echoes of 2011 and 2013, when congressional Republicans refused to raise the debt ceiling unless a Democratic president agreed to curb federal spending and reduce budget deficits. In Debt Limit Talks, Biden and Republicans Start Far Apart 2023-05-08T04:00:00Z The California Hospital Assn. has been pushing for a much bigger infusion of $1.5 billion in the upcoming state budget, but lawmakers are also facing a projected $22.5 billion budget deficit. Cedars-Sinai laying off more than 100 employees 2023-05-05T04:00:00Z The scheme is one of a number of measures aimed at reducing costs at the university, which expects a budget deficit of up to £30m for 2023-24 and £45m in three years. University of East Anglia saves £6m by voluntary severance 2023-04-28T04:00:00Z It’s likely the budget deficit will have grown, as tax revenues have continued to fall below projections. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z Democrats, meanwhile, stubbornly refuse to negotiate, which they justify with the specious argument that there’s no link between the debt ceiling and annual budget deficits. Opinion | Amid the debt ceiling madness, a lonely voice of sanity emerges 2023-04-24T04:00:00Z In a time of budget deficits, I refuse to compromise the safety and well-being of our residents. Oakland A’s purchase land for new stadium in Las Vegas 2023-04-19T04:00:00Z House Republicans are also mulling reforms to the debt ceiling, which has utterly failed at its intended purpose of restraining U.S. budget deficits. Republican U.S. House Speaker McCarthy to pitch spending cuts on Wall St 2023-04-17T04:00:00Z While Fiala has sought to ease the burden on families and firms, it has also sought to rein in high budget deficits and drew smaller protests recently for slowing an inflation-linked rise in state pensions. Thousands of Czechs turn out for anti-government protest 2023-04-16T04:00:00Z A larger budget deficit could make the Democrats’ tax cut proposal infeasible. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z So it fell to Rep. Jared Golden, a pro-choice, pro-gun Democrat from a Trump district in the backwoods of Maine, to venture a reasonable plan to tame runaway budget deficits. Opinion | Amid the debt ceiling madness, a lonely voice of sanity emerges 2023-04-24T04:00:00Z That compared to a budget deficit of $193 billion in the same month last year, according to the Treasury's monthly budget statement. U.S. government posts $378 billion deficit in March 2023-04-12T04:00:00Z Much more important was the budget deficit, which is not a problem at all. Noam Chomsky on "savage capitalism": From climate change to bank failures to war 2023-04-11T04:00:00Z Czech Finance Minister Zbynek Stanjura wants to overhaul the value-added tax system, raising VAT on some items including hotels, water, beer and heating, as it seeks to lower the budget deficit, state TV reported. Analysis: Japan's upbeat wages may keep new BOJ chief on hook for policy tweak 2023-04-11T04:00:00Z While a smaller oil producer than other Gulf Arab states, analysts expect Oman to use higher crude prices to bring down its budget deficits. Oman’s second-largest bank pursues merger with smaller rival 2023-04-11T04:00:00Z Ukraine faces an unprecedented budget deficit this year due to ballooning military spending to fight off Russia's invasion and it relies heavily on foreign financial aid. Ukraine PM to visit Canada seeking more arms for counteroffensive -Globe and Mail 2023-04-07T04:00:00Z Ukraine faces an unprecedented budget deficit this year and is relying heavily on Western financial support. Ukraine hopes to get $1.8 bln from IMF in two more tranches in 2023 2023-04-04T04:00:00Z Such support schemes cost the public purse, inflaming budget deficits and making governments less willing to grant hefty pay increases to the public sector workers now leading industrial action in Germany, Britain and elsewhere. Analysis: Grievances mount in Europe with future wealth in doubt 2023-04-04T04:00:00Z His tax-cutting stewardship of the economy helped turn a budget deficit into a surplus, halved unemployment and curbed inflation. Nigel Lawson, Economic Force Under Thatcher, Dies at 91 2023-04-03T04:00:00Z A self-styled fiscal conservative, he aims to cut spending on unemployment benefits and other welfare programmes to reduce the government's budget deficit and make room for tax cuts aimed at boosting economic growth. Factbox: Petteri Orpo, Finland's likely next prime minister 2023-04-02T04:00:00Z Underpinning this more broadly is the crown prince’s effort to remake the kingdom’s own economy after oil prices plummeted in 2014, saddling the country with eight years of budget deficits. No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid 2023-04-02T04:00:00Z The pickleball announcement offered a rare public moment of levity for the mayor after she spent recent weeks balancing a $1.7 billion budget deficit. D.C. mayor aims to give pickleball a boost in 2024 budget proposal 2023-03-30T04:00:00Z Instead, Republicans say that the solution to the budget deficit involves less spending. A Republican Spending Problem 2023-03-27T04:00:00Z Johnson, who turns 47 on Monday, has criticized Vallas for not laying out how he would handle Chicago’s budget deficit without increasing taxes on people who cannot afford it. Tax the rich? Chicago mayoral hopefuls debate city budget 2023-03-26T04:00:00Z California is expected to have a $22.5 billion budget deficit this year, and it could get bigger in years to come. California looks to spend some Medicaid money on housing 2023-03-26T04:00:00Z Mr. Biden proposed a budget this month that would cut projected budget deficits by $3 trillion over the next decade, largely by raising taxes on high earners and corporations. Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees. 2023-03-23T04:00:00Z A handful of Republican lawmakers have questioned the amount of money sent to Kyiv, 13 months after Russia's invasion, given gaping U.S. budget deficits and talk of cuts in domestic programs. Current funding for Ukraine should last for much of the year - Blinken 2023-03-23T04:00:00Z But he could pump the brakes as he has warned against big, ongoing investments amid a projected budget deficit. 'Fed up' California workers across industries demand more amid rising cost of living 2023-03-23T04:00:00Z The result was a huge budget deficit that has been covered by outside financing from the U.S., the European Union and other allies. Ukraine, IMF agree on $15.6 billion loan package 2023-03-22T04:00:00Z The Russian government is running a massive budget deficit. U.S. could sanction Chinese firms if Beijing sends arms to Russia 2023-03-21T04:00:00Z The budget deficit is unprecedented, and the government relies heavily on Western aid to finance some key social spending. Ukraine amends 2023 budget to channel more funds for defence 2023-03-21T04:00:00Z Sberbank is also likely to contribute some profits to a one-off windfall tax that the government plans to levy to help cover its widening budget deficit. Russia's Sberbank recommends record dividend payout - CEO 2023-03-17T04:00:00Z Their hostility to social democracy is ideological and has little to do with so-called budget deficits. The myth of "liberal" news 2023-03-16T04:00:00Z “If we see that budget deficit is like above 6 to 7 percent that’s a telltale of major economic turbulence in 2023,” he said. Russia oil revenues plummeted in February as war penalties hit 2023-03-15T04:00:00Z Not touching those, or failing to cut defense spending, leaves little chance of addressing the government's budget deficit. U.S. Senate Democrats, Republicans to battle over spending amid bank collapse 2023-03-15T04:00:00Z Ukraine's budget deficit is expected to reach $38 billion this year. Ukraine amends 2023 budget to channel more funds for defence 2023-03-21T04:00:00Z Eleven of China's 31 provincial-level jurisdictions are running pension budget deficits, finance ministry data show. China to raise retirement age to deal with aging population - media 2023-03-14T04:00:00Z Under the proposal, the EU's existing limit of 3% of GDP for budget deficits and 60% of GDP for debt would stay unchanged. EU converges on principles of new debt rules, no deal yet on details 2023-03-14T04:00:00Z The spending helps fuel a strong labor market but exacerbates budget deficits. See how the national debt grew to $31 trillion The plan would reduce federal budget deficits by nearly $3 trillion over the next 10 years, according to White House estimates. Takeaways from Biden’s budget: The president embraces his priorities. 2023-03-09T05:00:00Z It seeks to reduce budget deficits by nearly $3 trillion over that time, compared with the country’s current path. Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes 2023-03-09T05:00:00Z The invitation came as the United States wrestled with a budget deficit and the prospect of possibly hitting its debt limit in coming months. U.S. House speaker declines Zelenskiy invitation to visit Ukraine -CNN 2023-03-08T05:00:00Z While such reforms would cost billions of pounds a year just as the government is trying to bring down its budget deficit, proponents argue that investment in childcare pays for itself. Priced out of work by childcare, could UK parents hold key to growth? 2023-03-08T05:00:00Z Constantine also continued his ongoing push for the Legislature to lift the state-imposed cap that limits how much counties can collect in property taxes, warning of significant budget deficits and cuts if Olympia doesn’t act. King County should redevelop downtown campus, Constantine proposes 2023-03-07T05:00:00Z In 2012, the Obama-Biden administration proposed a budget for the next fiscal year that would have reduced Social Security COLAs as part of a “grand bargain” with congressional Republicans to reduce budget deficits in general. Opinion | How Biden helped Congress cut Social Security 40 years ago 2023-03-02T05:00:00Z The federal government has run a budget deficit every year since 2000, forcing it to borrow money and add to a national debt that now sits at $31.4 trillion. As Republicans Struggle to Outline Budget Cuts, Biden Steps Up 2023-02-28T05:00:00Z This year, he’s proposing cutting nearly $50 million in public health workforce training programs, part of his plan to cover a projected budget deficit. Final state emergencies winding down 3 years into pandemic 2023-02-28T05:00:00Z Despite being home to Silicon Valley’s tech billionaires, San Francisco faces a $728 million budget deficit over the next two years. San Francisco debates reparations: $5 million each for Black residents? 2023-02-27T05:00:00Z He said Ukraine’s budget deficit now stands at $38 billion and that the U.S. will provide another $10 billion in assistance by September. Yellen visits Ukraine, underscores US economic support 2023-02-27T05:00:00Z The vice chancellor of a university facing a £30m budget deficit has resigned. Vice chancellor of debt hit University of East Anglia quits 2023-02-27T05:00:00Z Tens of billions of dollars in foreign assistance have poured in, both to help plug the budget deficit and arm Ukrainian forces. Ukraine's economy stabilizes after shock of war 2023-02-27T05:00:00Z Russia wants a weaker rouble to boost hydrocarbon revenues, which is helping plug a widening budget deficit and soaring domestic spending due to the ballooning cost of the Ukraine war. One year of war in Europe: How the dollar, energy and food prices swirled 2023-02-24T05:00:00Z Managers at a university facing a larger than expected budget deficit need to explain how the situation arose, an MP has said. University of East Anglia bosses must explain debt rise, says MP 2023-02-24T05:00:00Z The unemployment rate was 12 percent when he took office, and a $1 billion budget deficit led him to push a tax increase through the Legislature, a move that fueled his defeat. Tony Earl, Progressive Former Governor of Wisconsin, Dies at 86 2023-02-23T05:00:00Z And the $1 billion budget deficit led to Earl’s pushing a tax increase through the Legislature, a move that hung over his tenure and ultimately fueled his defeat in 1986 by Thompson. Former Wisconsin Gov. Tony Earl has died at age 86 2023-02-23T05:00:00Z Poverty rates have soared and the budget deficit is forecast to hit $38 billion in 2023 following a collapse in tax revenues. Ukraine's economy stabilizes after shock of war 2023-02-27T05:00:00Z Rising expenditure and slumping revenues led to a $25 billion budget deficit in January, while the current account surplus more than halved from a year earlier. Analysis: Russian economy holding up but the road back to prosperity may be long 2023-02-23T05:00:00Z Russia recorded a budget deficit of almost $25 billion in January, in part due to falling oil and gas revenues, the lifeblood of Russia's economy. Russia stands by 2% of GDP budget deficit plan after huge Jan shortfall 2023-02-17T05:00:00Z Speaking in Lanham, Maryland, Mr. Biden contrasted his plan to reduce annual federal budget deficits with Republican policies, telling the friendly crowd of union workers that there was only one clear choice. Biden takes aim at GOP’s economic plans, says they’ll raise deficit 2023-02-15T05:00:00Z The outlook warns about rising yearly budget deficits. CBO projects higher unemployment, slow exit from inflation 2023-02-15T05:00:00Z The figures, combined with forecasts of exports and average gas prices, imply Gazprom's exporting revenues will almost halve this year, widening the $25 billion budget deficit Russia posted in January. Moscow's decades-old gas ties with Europe lie in ruins 2023-02-14T05:00:00Z Ukrainian government officials have said the country will need $38 billion this year to cover the budget deficit and another $17 billion for urgent energy repairs and reconstruction of critical infrastructure. IMF to meet Ukraine officials in Warsaw next week -source 2023-02-10T05:00:00Z He cast himself as more fiscally responsible than his immediate predecessor, former President Donald J. Trump, in claiming credit for a $1.7 trillion decline in the federal budget deficit last year. President Biden Is Not Backing Off His Big-Government Agenda 2023-02-08T05:00:00Z Ukraine's budget deficit this year is expected to be about $38 billion. Ukraine's parliament amends 2023 budget, raises spending 2023-02-07T05:00:00Z It comes as California faces an estimated $22.5-billion budget deficit and huge enrollment drops at many community colleges. California bill would make it cheaper for some students in Mexico to attend college in the U.S. 2023-02-06T05:00:00Z Marcus Lipton lies in the shadow of the vast Loughborough Estate public housing project, where two of the Conservative government’s longtime priorities — fighting crime and trying to reduce the budget deficit — collide. After Gutting Youth Services, Can the U.K. Still Cut Youth Crime? 2023-02-04T05:00:00Z The government is expected to widen its budget deficit to around 3% of GDP this year to accommodate those spending needs, policy insiders said, adding to overall debt in the economy. Exclusive: Big stimulus unlikely as China considers steps to support consumers-sources 2023-02-03T05:00:00Z He said he would work to reduce budget deficits, but by raising taxes on high earners and corporations, a position anathema to Republicans. President Biden Is Not Backing Off His Big-Government Agenda 2023-02-08T05:00:00Z So far, they have yet to produce even a list of proposed cuts beyond defunding the Internal Revenue Service, which would likely result in lower tax revenue and wider budget deficits. Opinion | Here are the ways the debt limit fight could end. Most are terrible. 2023-02-02T05:00:00Z Lawmakers, facing a budget deficit, provided no funding for the tax credits, and said at the time they’d figure out that part later. WA’s low-income tax credit, established in 2008, available for first time 2023-02-02T05:00:00Z The nation runs a budget deficit, which means it spends more than it earns, and it borrows huge sums of money to pay everything from military salaries to Social Security benefits. Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs 2023-02-01T05:00:00Z Unemployment tops 18%, the soaring budget deficit has led to shortages of staples, and the International Monetary Fund has frozen talks on a much-awaited new loan for the Tunisian government. Elections shine spotlight on Tunisia’s troubled democracy 2023-01-29T05:00:00Z Tunisia has been suffering for several years from record budget deficits that affect its ability to pay its suppliers of medicines, food and fuel, causing shortages of milk, sugar, vegetable oil and other staples. Challenge for Tunisian democracy: Getting voters to show up 2023-01-28T05:00:00Z According to the conservative Manhattan Institute, when Trump entered the Oval Office, the Congressional Budget Office projected the cumulative 2017-2027 budget deficits would be $10 trillion. Opinion | It’s time to cancel Congress’s debt ceiling theatrics 2023-01-27T05:00:00Z Options are limited, with no new state influx of money in the coming academic year dedicated to covering the raises when they kick in — and the state is facing a projected $22.5-billion budget deficit. UC scrambling to afford big wage gains for academic workers: Grad student cuts loom 2023-01-27T05:00:00Z Aside from wanting the government to reduce its budget deficit, the IMF is pushing for it to move to a market-determined exchange rate regime. Pakistani rupee plummets as markets adjust to removal of unofficial controls 2023-01-26T05:00:00Z The U.S. budget deficit for December quadrupled from a year earlier to $85 billion as revenues eased and outlays for debt interest costs, health care and Social Security grew. Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15 2023-01-25T05:00:00Z Despite all the fighting, lawmakers have taken few steps to reduce the federal budget deficit they have produced. How the U.S. Government Amassed $31 Trillion in Debt 2023-01-22T05:00:00Z Yet Democrats may not be aligned on the need to pass a debt ceiling increase without addressing the budget deficit. The U.S. Hit Its Debt Limit. What Happens Next? 2023-01-20T05:00:00Z But Brostrom told regents at their meeting this month that a “mismatch” between rising labor costs, insufficient revenues to pay for them and inflation could tip campuses into budget deficits in coming years. UC scrambling to afford big wage gains for academic workers: Grad student cuts loom 2023-01-27T05:00:00Z The federal budget deficit, which is the shortfall between what the United States spends and what it takes in through taxes and other revenue, topped $1 trillion for the year. America Set to Hit Its Borrowing Limit Today, Raising Economic Fears 2023-01-19T05:00:00Z That is a vital investment in our future that is well worth making — and one that we can afford now that the budget deficit is falling. Opinion | U.S. politics is awful — but our science and technology offer hope for the future 2023-01-18T05:00:00Z It reflects the stability of numerous factors - inflation in the country, the government's budget deficit, the nation's debt-to-GDP ratio, and its long-term interest rates since joining the EU. Croatia, the euro and a coffee controversy - but is it all just froth? 2023-01-18T05:00:00Z The United States runs a budget deficit, which means it does not take in enough money through taxes and other revenue to fund its operations. How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster 2023-01-18T05:00:00Z The Congressional Budget Office estimates that annual budget deficits will grow from roughly $1 trillion to more than $2 trillion over the next 10 years. EXPLAINER: How ominous is the debt limit problem? 2023-01-17T05:00:00Z The bill to repeal that funding would add more than $100 billion in additional budget deficits over the next decade, according to the office’s estimates. America Set to Hit Its Borrowing Limit Today, Raising Economic Fears 2023-01-19T05:00:00Z Because the United States runs budget deficits, it must borrow huge sums of money to pay its bills. As Debt Limit Threat Looms, Wall Street and Washington Have Only Rough Plans 2023-01-17T05:00:00Z Russia's attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further reduces the Kremlin's crucial export revenues, analysts say. Morgan Stanley cuts year-end dollar forecast 2023-01-16T05:00:00Z “If we have a budget deficit of 10 percent, we should be able to cover 90 percent of our spending obligations,” Strain said. House Republicans prepare emergency plan for breaching debt limit 2023-01-13T05:00:00Z Macron's government has pledged to its EU partners and investors that it would cut its budget deficit from 5.0% of economic output last year to below an EU ceiling of 3% by 2027. Analysis: Macron's pension reform gains risk social pain 2023-01-11T05:00:00Z Such support raises budget deficits, and not all 27 European Union countries are as strong financially as Germany, which could afford a 200 billion-euro rescue package. Europe has avoided energy collapse. But is the crisis over? 2023-01-10T05:00:00Z The movement opposed the Washington political establishment and espoused a conservative and libertarian philosophy, advocating for less spending, lower taxes and reducing the national debt and budget deficit. Speaker McCarthy: A weakened leader or emboldened survivor? 2023-01-07T05:00:00Z The federal government spends far more money each year than it receives in revenues, producing a budget deficit that is projected to average in excess of $1 trillion a year for the next decade. Speaker Drama Raises New Fears on Debt Limit 2023-01-07T05:00:00Z He’ll face headwinds in the form of a budget deficit, an unmitigated homeless crisis and drought that may persist despite the storms. California’s Newsom to launch 2nd term with contrast to GOP 2023-01-05T05:00:00Z The reform lends some needed credibility to Macron's promises to bring the budget deficit within EU limits by the end of his presidency in 2027. Analysis: Macron's pension reform gains risk social pain 2023-01-11T05:00:00Z He inherited a massive budget deficit in 2015 and leaves with a record surplus that allowed him to cut taxes. Arizona governor’s tenure defined by push right, Trump feud 2022-12-31T05:00:00Z Russia has been using its NWF, which stood at $186.5 billion as of Dec. 1, to finance its widening budget deficit this year. Permitted share of China's yuan in Russian wealth fund doubled to 60% -finmin 2022-12-30T05:00:00Z "Is a bigger budget deficit possible? It is possible, if revenues are lower than planned. What are the risks next year? Price risks and restrictions," Siluanov told reporters in comments cleared for publication on Tuesday. Oil price cap may widen Russia's 2023 budget deficit, says FinMin 2022-12-27T05:00:00Z But he enters his second term with a projected $25 billion budget deficit, which limits what Newsom can spend on and may force budget cuts. California’s Newsom to launch 2nd term with contrast to GOP 2023-01-05T05:00:00Z No wonder the city faces a budget deficit. From Boeing and downtown to tech layoffs: Markers for 2023 2022-12-23T05:00:00Z The country’s central bank said inflation, at 12 percent, risked rising because of a growing budget deficit. Russia keeps its key interest rate steady amid worries of inflation. 2022-12-16T05:00:00Z Loans to the country’s private sector will become more important in coming years as Ukraine’s finance ministry copes with a widening budget deficit. $2B in loans to help Ukraine’s ag, fuel import businesses 2022-12-16T05:00:00Z The Biden administration was helping to close a significant portion of Ukraine’s budget deficit. Russia is destroying Ukraine’s economy, raising costs for U.S. and allies 2022-12-15T05:00:00Z However, there are projections for a $25 billion budget deficit next year and signs of an unsteady economy, as even the historically powerful tech industry has seen layoffs. So long, California: Major county votes to study secession 2022-12-15T05:00:00Z Today, the synagogue has 1,200 members, “big dreams,” and a stubborn budget deficit, she said. A Look Inside New York’s Swirling Kaleidoscope of Faiths 2022-12-15T05:00:00Z Indeed, the Bank of Russia said Friday that the budget deficit might force it tighten its policy to control inflation. Russia keeps its key interest rate steady amid worries of inflation. 2022-12-16T05:00:00Z "We need to step up fiscal policy and I believe next year's budget deficit ratio should be raised to at least 3%." Chinese leaders to signal more stimulus for 2023 as COVID clouds outlook 2022-12-13T05:00:00Z But Moldova is heavily reliant on Russian gas, annual inflation is over 31% and the government expects a budget deficit of 3% of gross domestic product this year which it sees doubling in 2023. Moldova's new economy minister pledges pro-business overhaul 2022-12-13T05:00:00Z The state faces financial pressure of an anticipated budget deficit and, at the same time, a potentially greater need for immigrant support services under changes to federal policy for asylum seekers, he said. Newsom slams Republicans for blocking immigration reform on visit to Mexican border 2022-12-12T05:00:00Z The Washington Metropolitan Area Transit Authority, which currently faces a budget deficit of $185 million, part of which it attributes to fare evasion, praised the plan as “bold.” Free ride: DC unveils bold plan to boost public transit 2022-12-11T05:00:00Z Last week, Russia’s finance minister said the country’s budget deficit will reach 2 percent of economic output this year, up from earlier predictions of 0.9 percent, according to TASS, a state news agency. Russia keeps its key interest rate steady amid worries of inflation. 2022-12-16T05:00:00Z You’d think that would be a strong selling point with the state again falling into red ink, looking at a potential $25-billion budget deficit next year. Column: A costly project showed California politicians think they own the Capitol. A court reminded them they don't 2022-12-11T05:00:00Z Ukraine needs outside financing to cover the budget deficit caused by the war. Helping Ukraine is ‘self-preservation,’ finance chief says 2022-12-08T05:00:00Z In California, the extent to which Newsom intends to fund support services for asylum seekers and other immigrants is an open question as the state anticipates a $24-billion budget deficit in the next fiscal year. Newsom slams Republicans for blocking immigration reform on visit to Mexican border 2022-12-12T05:00:00Z The legislation comes as California is facing an estimated $25-billion budget deficit, and state programs that offer Narcan are already in high demand. Narcan could be required at California schools after youth fentanyl overdoses 2022-12-08T05:00:00Z The demand to fund significant salary increases for strikers comes as the state faces a potential $25-billion budget deficit. Wildlife officials failed to capture wild turkeys before attack on Sacramento delivery driver 2022-12-03T05:00:00Z With a recession looming and the state facing a potential $25-billion budget deficit, the outlook for significant spending increases is unlikely. More than 1,000 UC faculty members urge Newsom, lawmakers to support striking academic workers 2022-12-02T05:00:00Z They also say they want deep cuts in spending after years of both parties paying little to no attention to rising budget deficits and a national debt that now exceeds $31.3 trillion. U.S. House Democrats set to elect Hakeem Jeffries as first Black party leader 2022-11-30T05:00:00Z Americans must stop treating dollars like scarce resources and learn that the government creates them by running budget deficits. Opinion | The complex commitments to funding climate liabilities 2022-11-25T05:00:00Z And California government officials announced Wednesday they are anticipating a $25 billion budget deficit next year. California recovers pandemic job losses amid economic woes 2022-11-18T05:00:00Z On Thursday Mr. Hunt, 56, will propose tax increases and cuts in public spending programs to try to close Britain’s yawning budget deficit and appease financial markets. An Even-Keeled Centrist Will Be Britain’s Bearer of Bad News 2022-11-16T05:00:00Z Simply put, MMT says that a “monetary sovereign” government, such as the United States, does not need to worry about budget deficits given that it prints its own currency. Opinion | Mitch Daniels missed the basics of Modern Monetary Theory 2022-11-11T05:00:00Z That compared to a budget deficit of $165 billion in the same month last year, according to the Treasury’s monthly budget statement. U.S. government posts $88 billion deficit in October 2022-11-10T05:00:00Z Kenya's government is reducing its rate of borrowing, officials said on Thursday, to attain a significantly narrower budget deficit in the next financial year. Kenya to cut appetite for borrowing, eyes narrower budget deficit 2022-11-10T05:00:00Z Poland’s state budget deficit is expected to rise significantly this year, due to high spending on social benefits and defense in reaction to the war in neighbouring Ukraine. Poland’s top politician hints at easing judicial changes 2022-11-07T05:00:00Z The bottom line is that Metro is a regional system, and it’s up to the region to plug the system’s daunting operating budget deficits. Opinion | Confronting Metro’s looming fiscal cliff 2022-11-04T04:00:00Z In stops across the country in recent weeks, Mr. Biden has also credited himself with bringing down the federal budget deficit — the gap between what America owes and what it earns. As Elections Approach, Biden Spins His Economic Record 2022-11-04T04:00:00Z "She needs to leverage this status and extract some concessions in terms of fiscal leniency from the EU, as she prepares to hike the budget deficit for this year," said Galietti. Italy's new PM Meloni makes her first foreign trip to EU hub Brussels 2022-11-03T04:00:00Z The new government is planning to set a budget deficit of 4.3% of gross domestic product in the next financial year, the finance ministry said. Kenya to cut appetite for borrowing, eyes narrower budget deficit 2022-11-10T05:00:00Z Russia's finance ministry expects the budget deficit next year to almost double from this year to 3 trillion roubles, or 2% of gross domestic product. Ukraine conflict, sanctions set to blow hole in Russia's finances 2022-11-02T04:00:00Z The city had previously been placed under state oversight because of budget deficit problems. Ex-lawmaker pleads guilty in theft of $1.2M in COVID-19 aid 2022-11-01T04:00:00Z Mr. Bowsher’s appeals helped bring landmark legislation, the Gramm-Rudman-Hollings Balanced Budget and Emergency Deficit Control Act of 1985, designed to eliminate the federal budget deficit by restricting spending for five fiscal years. Charles Bowsher, federal auditor during 1980s banking crisis, dies at 91 2022-10-07T04:00:00Z He has accused Republicans of stoking further price increases with tax cuts that could add to the federal budget deficit, and of risking financial calamity by refusing to raise the debt limit. Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help 2022-10-26T04:00:00Z The revision of this financial year's budget is expected to reduce the projected budget deficit to 5.8% of the GDP from the initial 6.2%, the ministry said. Kenya to cut appetite for borrowing, eyes narrower budget deficit 2022-11-10T05:00:00Z "Sources to finance the budget deficit are now scarcer than ever," Suslina said. Ukraine conflict, sanctions set to blow hole in Russia's finances 2022-11-02T04:00:00Z The budget deficit will be much smaller than first feared thanks to high prices for many of Australia's major commodity exports and a surprisingly strong labour market. Australia's budget to downgrade growth, keep spending in check 2022-10-24T04:00:00Z Their agenda begins with deep spending cuts in domestic programs, which they argue are needed to shrink the federal budget deficit and quell inflation. Voter beware: Divided government will be an unholy mess 2022-10-23T04:00:00Z But they say Congress could plausibly help the Fed by reducing budget deficits, in order to slow the amount of consumer spending power in the economy. Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help 2022-10-26T04:00:00Z Treasury Department figures showed that the federal budget deficit fell from $2.8 trillion a year ago to $1.4 trillion for the 2022 fiscal year, largely thanks to waning pandemic emergency spending. Biden Says 22 Million Americans Have Applied for Student Loan Debt Relief 2022-10-21T04:00:00Z "The polls have been all over the place," Biden told reporters at the White House after speaking about the U.S. budget deficit. Biden predicts midterms will shift back toward Democrats 2022-10-21T04:00:00Z With soaring inflation one of the top concerns among voters ahead of tight congressional elections, Mr. Biden has often cited a shrinking budget deficit as a way to bring down rising costs. Federal Budget Deficit Fell to $1.4 Trillion as Pandemic Spending Eased 2022-10-21T04:00:00Z The good news is that the federal budget deficit was substantially trimmed in half over the last year. Federal deficit cut in half, ends the year at $1.4 trillion in the red 2022-10-21T04:00:00Z Despite the monthly increase, over the fiscal year that ended last month, the federal budget deficit fell $1.4 trillion. Student debt forgiveness causes monthly deficit to jump 562% 2022-10-21T04:00:00Z "Small budget deficits will also help net debt decline as a share of GDP, adding comfort to Australia's AAA credit rating." Australia aims for 'responsible' budget after UK mayhem 2022-10-21T04:00:00Z We worry that a recession is going to wreck our financial plans or that taxes will have to go up — our taxes, mostly — to cover ballooning budget deficits. Opinion | Gen X is used to flying under the radar. That’ll end if it goes full GOP. 2022-10-17T04:00:00Z Total federal borrowing increased by $2 trillion to $24.3 trillion total, partly driven by additional borrowing to finance the federal budget deficit. Federal Budget Deficit Fell to $1.4 Trillion as Pandemic Spending Eased 2022-10-21T04:00:00Z The Education Authority has previously also warned that it is facing a potential budget deficit of £200m in this financial year. School meals: Holiday payments made for a third of NI pupils 2022-10-07T04:00:00Z Kelly has tried to tie Schmidt to former GOP Gov. Sam Brownback, who launched a nationally notorious experiment in cutting state income taxes in 2012-13 that was followed by large, persistent budget deficits. Kansas governor seeks to regain control of education debate 2022-10-05T04:00:00Z The $31 trillion threshold poses a political problem for President Biden, who has pledged to put the U.S. on a more sustainable fiscal path and reduce federal budget deficits by $1 trillion over a decade. U.S. National Debt Tops $31 Trillion for First Time 2022-10-04T04:00:00Z In other words, Biden is bragging about reducing budget deficits even as he increased the national debt about $500 billion more than originally projected. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z She is helped by the fact that the surge in oil and gas prices is boosting revenues from value-added tax and excise duties, leading to a lower-than-expected budget deficit this year. Double digit inflation looms as first headache for Italy's Meloni 2022-09-30T04:00:00Z Republicans have also seized on the Biden plan’s price tag and its impact on the nation’s budget deficit. GOP states sue Biden administration over student loan plan 2022-09-29T04:00:00Z Siluanov also announced hefty borrowing plans for next year to help finance the budget deficit amid increased spending and floated the possibility of resuming FX interventions, this time with China's yuan. Rouble hits over 2-month high vs dollar, Russian stocks stutter 2022-09-29T04:00:00Z Britain also must attract significant flows of foreign capital to finance its sizable trade and budget deficits, economists said. Bank of England intervenes to avert credit crunch, economic fallout 2022-09-28T04:00:00Z The budget deficit soared in the first place because of a national emergency. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z But because those assets had been expected to be repaid over time, the impact on federal budget deficits will also be stretched out. CBO: White House plan to cancel student loan debt costs $400 billion 2022-09-26T04:00:00Z Plus, the U.K. needs to attract foreign money to finance its trade and budget deficits. British pound falls to all-time low against dollar after taxes slashed 2022-09-26T04:00:00Z Britain's budget deficit was bigger than expected in August as high inflation again bumped up interest accrued on government bonds, official data showed on Wednesday. UK government borrows more than expected in August 2022-09-21T04:00:00Z Tunisia expects its budget deficit will expand to 9.7% of gross domestic product in 2022, up from a previously expected 6.7%, due to the stronger dollar and a sharp increase in grain and energy prices. Tunisia hikes cooking gas, fuel prices in bid to cut subsidies 2022-09-17T04:00:00Z But the reality is he’s increased the budget deficit, not reduced it. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z Recent history shows how another lending spree would drive up a budget deficit while reducing the effect of monetary policy with subsidized credit. Analysis: Lula unlikely to repeat Brazil state bank lending binges 2022-09-15T04:00:00Z Projections show Washington state’s largest school district losing several thousand students over the next few years, which officials say translates into significant budget deficits. School to start Wednesday in Seattle after weeklong strike 2022-09-14T04:00:00Z In theory, the law could reduce inflationary pressures because it would lower annual budget deficits by $300 billion over 10 years. Biden touts inflation reduction law despite sobering report 2022-09-13T04:00:00Z Extra spending this year has been covered by better-than-expected tax income, which has allowed to the government to stick with its target for a budget deficit of 5% of GDP. Factbox: Euro zone bill for cost of living crisis nears 300 bln euros 2022-09-07T04:00:00Z The best way to determine a president’s impact on budget deficits is to look at what was predicted before he arrived — and then what happened after his policies have been enacted. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z She did not give any assessment on how the price hike would affect the 2022 budget deficit outlook. Explainer: Indonesia bites the bullet on fuel prices as subsidies soar 2022-09-03T04:00:00Z "In these circumstances, you need to be bold and flexible on fiscal policy and if that means that in the short term the budget deficit has to take strain, then so be it," he said. Analysis: Market mayhem awaits Britain's new leader 2022-09-02T04:00:00Z Forgiving existing debt, and reducing the degree to which some future debt will be repaid, will bite into a revenue stream for the federal government and increase budget deficits. Biden’s Student Loan Plan Sets Off Fierce Debate Among Economists 2022-08-30T04:00:00Z To limit the impact on the budget deficit, Madrid aims to partially offset the cost with a temporary tax on banks and large energy companies. Factbox: Euro zone bill for cost of living crisis nears 300 bln euros 2022-09-07T04:00:00Z The budget deficit was supposed to shrink as the massive spending caused by the pandemic faded. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z “The key things will be the budget deficit and primary deficit targets, which will be in line with an IMF plan.” Sri Lanka president to present first budget with hopes for IMF loan 2022-08-29T04:00:00Z As well as tax cuts, Truss has recently promised "robust" direct cost-of-living help for households which would put more strain on the budget deficit. Analysis: Market mayhem awaits Britain's new leader 2022-09-02T04:00:00Z Still fearing inflation, however, he vetoed a number of nonmilitary appropriations bills that would have increased the already-large budget deficit. U.S. History 2014-12-30T00:00:00Z The measures are due to push the budget deficit to 4% of GDP. Factbox: Euro zone bill for cost of living crisis nears 300 bln euros 2022-09-07T04:00:00Z But he cannot suggest that they reduced the budget deficit. Analysis | Biden’s unwarranted bragging about reducing the budget deficit 2022-09-23T04:00:00Z The Tax Cuts and Jobs Act, which was passed in December 2017 by the Republican-controlled Congress and significantly reduced the income tax rate paid by corporations, has led to a widening budget deficit. American Government 2021-07-28T00:00:00Z That same month, Texas estimated it would have a budget deficit of $27 billion. Elementary Algebra 2020-04-22T00:00:00Z Reagan’s policies of cutting taxes and increasing defense spending had exploded the federal budget deficit, making it three times larger in 1989 than when Reagan took office in 1980. U.S. History 2014-12-30T00:00:00Z Amer had traditionally been seen as in the camp that supported the pound’s depreciation as a way to secure a new loan from the International Monetary Fund in order to address the growing budget deficit. Egypt appoints central bank caretaker chief amid crisis 2022-08-18T04:00:00Z It extends federal health insurance subsidies, allows the government to negotiate prescription drug prices for seniors on Medicare and is expected to reduce the federal budget deficit by about $300 billion over 10 years. Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain 2022-08-16T04:00:00Z The exploding Federal budget deficit adds to these concerns and may create more support for such a process. American Government 2021-07-28T00:00:00Z It extends federal health-insurance subsidies, allows the government to negotiate prescription drug prices for seniors on Medicare and is expected to reduce the federal budget deficit by about $300 billion over 10 years. Biden Signs Expansive Health, Climate and Tax Law 2022-08-16T04:00:00Z Addressing the budget deficit, the Democrats in Congress passed the Omnibus Budget Reconciliation Act of 1993 without a single Republican vote. U.S. History 2014-12-30T00:00:00Z It would also modestly cut the government’s budget deficit, which might slightly lower inflation by the end of this decade. Inflation Reduction Act may have little impact on inflation 2022-08-12T04:00:00Z Ontario, Canada's most populous province, said on Tuesday it expected a smaller budget deficit as soaring inflation boosted tax revenue projections for the current fiscal year. Nasdaq says short interest fell 3.12% in late July 2022-08-09T04:00:00Z The bill, which among other things aims to ease pharmaceutical prices by letting the government negotiate Medicare’s drug costs, is expected to cut the federal budget deficit by $300 billion over a decade. US inflation will likely stay high even as gas prices fall 2022-08-09T04:00:00Z That measure will mostly reduce Medicare’s spending, rather than families’ out-of-pocket costs — and, by extension, will reduce the federal budget deficit. Overlooked Provisions 2022-08-09T04:00:00Z And it will significantly reduce, not add to, the federal budget deficit. Opinion | The Dems are no longer in disarray, but the GOP is goofing off 2022-08-08T04:00:00Z Asked about how the legislation would impact the budget deficit, Bokil said: "The savings from the Medicare side as well as the tax changes will more than offset the extra cost." U.S. spending bill to cut inflation, deficit over time - Moody's 2022-08-08T04:00:00Z Regardless of the final number, the measure will hardly dent an annual federal budget deficit projected to run at the unsustainable rate of 5 percent of GDP over the next 10 years. Perspective | Why the ‘Inflation Reduction Act’ is no such thing 2022-08-07T04:00:00Z The package initially was expected to reduce projected budget deficits by $300 billion over the next decade. Senate opens debate on Biden-backed Inflation Reduction Act 2022-08-06T04:00:00Z The Congressional Budget Office estimates the proposal would reduce budget deficits by $305 billion over the next decade. Biden, Republicans spar over impact of Dems’ economic plan 2022-08-04T04:00:00Z They’ve scrapped most of the president’s plans, dialed down the cost and focused on climate change, health care and a lower budget deficit. Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible 2022-08-02T04:00:00Z It said the measure “will nudge the economy and inflation in the right direction, while meaningfully addressing climate change and reducing the government’s budget deficits.” Dem Sen. Sinema’s views on economic bill remain shrouded 2022-08-01T04:00:00Z The bill would cut the government’s budget deficit, which restrains inflation by reducing overall demand. A key US inflation gauge reaches 6.8% as prices keep surging 2022-07-29T04:00:00Z It would raise more than it spends, which would have the effect of reducing the federal budget deficit by $300 billion. Democrats’ Plan to Fight Inflation May Lower Costs Over Time 2022-07-28T04:00:00Z President Joe Biden has made reducing the annual budget deficit a priority, but that would likely require tax increases that Republican lawmakers and some Democrats oppose. Report: Federal debt lower in 2022; still poised to climb 2022-07-27T04:00:00Z Both the committee and the University of Pennsylvania’s Penn Wharton Budget Model project that over a decade, the total effect of those changes would reduce federal budget deficits. Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible 2022-08-02T04:00:00Z On economic policy, the Biden administration and congressional Democrats adopted a huge stimulus with little regard for its effect on the budget deficit. Opinion | Why progressive Democrats are losing ground 2022-07-21T04:00:00Z Likewise, the federal budget deficit has shrunk dramatically, curbing another force driving inflation. Opinion | Trumpism makes the inflation fight urgent 2022-07-15T04:00:00Z Reducing the federal budget deficit should reduce consumer spending power in the economy, at least somewhat. Democrats’ Plan to Fight Inflation May Lower Costs Over Time 2022-07-28T04:00:00Z This year’s budget deficit is equal to 3.9% of GDP, but annual federal borrowing will average nearly twice that level — 7.3% — over the next 30 years. Report: Federal debt lower in 2022; still poised to climb 2022-07-27T04:00:00Z With the combination of relatively high demand and limited quantity, Utah is at risk for water budget deficits. An Introduction to Geology 2017-01-01T00:00:00Z While tax cuts could inject some stimulus into an economy that looks set to flat-line in 2023, a wider budget deficit might further weaken the pound and stoke inflation. Analysis: Tax-cut talk in UK leadership race adds to inflation angst 2022-07-11T04:00:00Z "When necessary, we can increase the central and local budget deficits," he said. China can consider increasing its budget deficits - ex-finance minister 2022-07-09T04:00:00Z “I think on economic growth and efficiency grounds, it promotes investment by reducing budget deficits,” Mr. Summers said. Democrats’ Plan to Fight Inflation May Lower Costs Over Time 2022-07-28T04:00:00Z Advocates for raising the rates on the wealthy in Illinois say the state needs additional revenue, pointing to its regular budget deficits and deep pension debts. Ken Griffin spent $54 million to fight tax hike on the rich. Secret IRS data shows it’s paying off 2022-07-07T04:00:00Z She and her supporters saw Mr Guzmán as excessive in his efforts to reduce the budget deficit and tighten monetary policy. Argentina's finance minister makes sudden exit 2022-07-02T04:00:00Z Lasso has focused more on macroeconomic challenges, such as reducing the budget deficit and repaying foreign debt, than on the social programs demanded by a population struggling with poverty. Indigenous protesters are paralyzing Ecuador. Here’s why. 2022-06-24T04:00:00Z As this year began, the bloc was still facing effects — including higher budget deficits — from the pandemic, which caused the economy to shrink 5.9% in 2020. EU leaders tackle inflation, energy shocks from Russia’s war 2022-06-24T04:00:00Z The forecast given to the assembled council members was grim: an ongoing budget deficit, stretching as far as the charts were wide. History repeating: Now Bellevue is talking about taxing Amazon too 2022-06-23T04:00:00Z And Washington could afford to bail out both Wall Street and Main Street by running eye-popping budget deficits made possible by borrowed funds. Fed’s interest rate hikes may mark start of tough new economic climate 2022-06-19T04:00:00Z The Pirates, an American Athletic Conference member, announced cuts to four programs – men’s and women’s swimming and diving, men’s and women’s tennis – in May 2020 while citing a $4.9 million budget deficit. Title IX: Law ensured balanced cutbacks during pandemic 2022-06-18T04:00:00Z Mr. Biden, speaking to a friendly crowd at the AFL-CIO union convention in Philadelphia, ticked through a series of infrastructure wins in last year’s bipartisan package and boasted his policies are cutting federal budget deficits. Wall Street stabilizes as investors brace for bold Fed action 2022-06-14T04:00:00Z All these sites cost money, however, and many municipalities are facing major budget deficits that could eventually threaten their ability to fund social services and pay public sector salaries. Costly, scandal-ridden mass testing is China’s latest ‘zero covid’ bet 2022-06-13T04:00:00Z That spectacular news, combined with less pandemic-related spending, is helping tame the budget deficit, which will come in around only $1 trillion this year. Money mystery: Feds see record tax windfall, but can’t say why 2022-06-09T04:00:00Z This slight improvement didn’t stop news organizations and budget deficit hawks from sounding their customary alarms. Column: Social Security trustees say the U.S. is rich enough to expand, not shrink, benefits 2022-06-07T04:00:00Z The Bowl’s pop and rock bookings increased in the early ’90s when, facing budget deficits and wide-open schedules, organizers contracted with an outside production company, Andrew Hewitt & Bill Silva Presents, to promote concerts. From the Beatles to Adele, 20 unforgettable Hollywood Bowl concerts 2022-06-03T04:00:00Z He promised to fight inflation by reducing the federal budget deficit, working to repair broken global supply chains, passing legislation to reduce energy costs for families and relying on the Fed. Biden and Fed chair Powell meet as inflation dogs the global economy. 2022-05-31T04:00:00Z Combined, that was a big boost to tax revenues and a much-needed boon to the newly installed Labor government as it wrestles with protracted budget deficits. Australia's economy held up well in Q1, more growth ahead 2022-06-01T04:00:00Z Also, people are insecure about the federal budget deficit, and health care is still a perennial problem in this country. Why gun control laws don’t pass Congress, despite majority public support 2022-05-29T04:00:00Z The 10-year estimates do contain positive news as this year’s annual budget deficit will be $118 billion lower than forecast last year. Congressional Budget Office says inflation to last into 2023 2022-05-25T04:00:00Z As the U.S. budget deficit shrinks amid robust tax revenues, the Treasury will have to aggressively shrink bill issuance through Sept. 30, analysts said. Record U.S. reverse repos highlight problem of investing excess cash 2022-05-24T04:00:00Z Orban's government is having to deal with the consequences of the war in Ukraine, annual inflation of 9.5% and a budget deficit that ballooned in the first quarter due to a pre-election spending spree. Hungary's government gets emergency powers due to Ukraine war, PM Orban says 2022-05-24T04:00:00Z The federal budget deficit — the gap between what the government spends and the tax revenue it takes in — remains large. Biden’s Curious Talking Point: Lower Deficits Offer Inflation Relief 2022-05-20T04:00:00Z The loss in trade and the costs of prosecuting the war have contributed to an enormous budget deficit of $5 billion a month for Kyiv, officials say. Russian bombardment has turned Ukraine's Donbas into 'hell,' Zelensky says 2022-05-20T04:00:00Z Zelenskyy said Ukraine’s monthly budget deficit is $5 billion “and so to survive in the war for freedom, we need quick and sufficient financial support.” Live: Live updates | G7 countries eye $18 BN for Ukraine defense 2022-05-20T04:00:00Z In a separate statement, the government said Shmyhal also sought more financial aid to cover Ukraine's monthly budget deficit of around $5 billion. Ukraine's PM and G7 finance ministers discuss steps to recover from war 2022-05-19T04:00:00Z The public sector has debt problems of its own having run up record budget deficits through the pandemic and a gross debt pile of A$900 billion. Australia's economy holds plenty of pitfalls for election winner 2022-05-19T04:00:00Z The tie between budget deficits and inflation is also more complex than Mr. Biden’s statements suggest. Biden’s Curious Talking Point: Lower Deficits Offer Inflation Relief 2022-05-20T04:00:00Z The country will bring in far less in revenue than had been predicted by the previous government, he said, ballooning the budget deficit. With Gas Pumps All but Dry, Sri Lanka Faces Its ‘Most Difficult Time’ 2022-05-17T04:00:00Z Republicans have endorsed no detailed recommendations to address inflation, but they support cutting taxes and budget deficits, as well as easing regulations for oil and gas producers. Biden team sees few options on inflation before November midterms 2022-05-16T04:00:00Z Over the last decade, the state’s economy has produced tax revenues that erased years of budget deficits. Abortion, inflation and crime: How Newsom would spend record-setting California surplus 2022-05-13T04:00:00Z About half also described gun violence and the federal budget deficit as very big problems. Inflation is Americans’ top concern: Pew study 2022-05-12T04:00:00Z Lately, he has cited one policy in particular as an inflation-fighting tool: shrinking the nation’s budget deficit. Biden’s Curious Talking Point: Lower Deficits Offer Inflation Relief 2022-05-20T04:00:00Z He said his administration will help ease price increases by shrinking the government’s budget deficit and by fostering competition in industries, like meatpacking, that are dominated by a few industry giants. US inflation might have dipped last month from 40-year high 2022-05-10T04:00:00Z But with Hungary’s economy reeling amid high inflation and a major budget deficit, it will need that EU money for an economic recovery. EXPLAINER: Why is Hungary blocking sanctions on Russian oil? 2022-05-10T04:00:00Z Faculty pointed to a decline in enrollment, a budget deficit and a lack of transparency and communication, in addition to Sakaki’s handling of allegations against her husband, as reasons for the lack of confidence. Sonoma State president 'should step down' amid sex harassment scandal, lawmakers say 2022-05-09T04:00:00Z But school leaders warn that the future remains unclear, with much work to be done to make the hands-on programs more financially sustainable as the school system claws itself out of a massive budget deficit. Beloved Seattle Colleges programs are safe for now, but their long-term fate remains unclear 2022-05-09T04:00:00Z That extra boost for state coffers has been one factor allowing Spain to cut its budget deficit in 2021 to 6.9% of GDP, from 11% the previous year, above the government’s own expectations. Pandemic pushes Spanish workers out of the shadows 2022-05-09T04:00:00Z It follows years of budget deficits, spending cuts and state hiring freezes. GOP backs Klarides for U.S. Senate; Dems endorse Gov. Lamont 2022-05-07T04:00:00Z Besides the quarterly reduction in the national debt, the Treasury Department estimates that this fiscal year’s budget deficit will decline $1.5 trillion. With deficit falling, Biden pivots to fiscal responsibility 2022-05-04T04:00:00Z President Joe Biden will tout his administration's efforts at tackling the nation's budget deficit in an economic speech on Thursday, a White House official said. Biden to tout efforts to reduce budget deficit in speech 2022-05-04T04:00:00Z The most current budget deficit estimate says the school system’s shortfall is around $13 million. Beloved Seattle Colleges programs are safe for now, but their long-term fate remains unclear 2022-05-09T04:00:00Z Rated a good school by Ofsted, Hertfordshire County Council decided the shortage of new pupils combined with an expected £80,000 budget deficit meant it had no future. The tiny Hertfordshire primary school too small to survive 2022-04-30T04:00:00Z Her rival argues her social policies are unaffordable at a time of record budget deficit. French election: Macron and Le Pen to clash in TV presidential debate 2022-04-20T04:00:00Z His two most recent Democratic predecessors, Bill Clinton and Barack Obama, also cut budget deficits, only to leave office and see their Republican successors use the savings on tax cuts. With deficit falling, Biden pivots to fiscal responsibility 2022-05-04T04:00:00Z The United States has reported budget deficits every year since 2001. Biden to tout efforts to reduce budget deficit in speech 2022-05-04T04:00:00Z The country is running a budget deficit of about $5 billion per month because of the economic fallout of the invasion. Ukrainians say they won’t surrender Mariupol despite Russian bombardment 2022-04-17T04:00:00Z The budget called for reducing the nation’s budget deficit by $1 trillion over the next decade, something Mr. Manchin has repeatedly said is necessary for the country’s economic health. The War in Ukraine Is Upending Biden’s Agenda at Home 2022-04-15T04:00:00Z In 2020, he announced plans to close two patrol stations to help shrink his department’s budget deficit. Villanueva threatens to quit Metro security if not given full control 2022-04-14T04:00:00Z The government gave up a lot of tax revenue and budget deficits widened, with little corporate investment to show for it. Opinion | Democrats’ flawed hate affair with corporate profits and stock buybacks 2022-04-07T04:00:00Z But the move has already been panned by federal budget deficit hawks. President Biden extends payment pause for student loan borrowers through August 2022-04-06T04:00:00Z He also has to rein in a swelling budget deficit at a time when the Hungarian economy is set to slow due to supply chain disruptions in the car sector. Orban's victory puts Hungary on collision course with EU 2022-04-04T04:00:00Z In his victory speech, Chaves said he received the result with humility and called for unity to address problems like unemployment and a soaring budget deficit. Ex-finance minister wins runoff to be Costa Rica’s president 2022-04-03T04:00:00Z The U.S. government spends more money than it brings in through revenue, creating an annual budget deficit. Biden budget pivots to deficit concerns while boosting military, domestic programs 2022-03-28T04:00:00Z Some of that winnowing would come from higher taxes on the rich and corporations, with about $1.5 trillion in new revenue directed toward reducing the budget deficit. Biden’s $5.8 Trillion Budget Pivots Toward Economic and Security Concerns 2022-03-28T04:00:00Z Reducing budget deficits. battling inflation and raising revenue from the wealthy are also major demands for Manchin. Biden budget has Manchin priorities: Tax rich, cut deficit 2022-03-28T04:00:00Z The tax will help reduce the budget deficit by about $360 billion in the next decade, the fact sheet added. Biden to propose minimum tax on billionaires as part of 2023 budget 2022-03-26T04:00:00Z Biden inherited from the Trump administration a budget deficit that was equal in size to 14.9% of the entire U.S. economy. Biden budget to trim $1T from deficits over next decade 2022-03-26T04:00:00Z The budget deficit in 2022/23 looks likely to fall to around 100 billion pounds from about 161 billion pounds forecast for the current financial year, the poll showed. Most dealers see UK trimming gilt issuance plans in 2022/23 2022-03-22T04:00:00Z Kuwait’s budget deficit soared over $35.5 billion last year as oil prices plummeted. Kuwait, among world’s hottest places, lags on climate action 2022-03-20T04:00:00Z Nigeria's government, facing elections next year, last month rowed back on a pledge to end petrol subsidies despite a widening budget deficit. Analysis: Ukraine crisis could boost ballooning fossil fuel subsidies 2022-03-08T05:00:00Z Companies and investors will watch how large a budget deficit the ruling party will allow. China’s slowing economy in spotlight as legislature meets 2022-03-02T05:00:00Z Germany will create a $113 billion fund for defense in 2022 and then spend more than 2 percent of gross domestic product annually, even if it requires a constitutional amendment to allow budget deficits. Opinion | Russia may or may not conquer Ukraine. It has definitely lost Germany. 2022-03-01T05:00:00Z The plan envisages a budget deficit of around 8.8% of GDP and raising some taxes. Analysis: Shocks and missteps: how Sri Lanka's economy ended in crisis 2022-02-25T05:00:00Z An anguished stalemate has paralyzed all efforts to fix a record budget deficit and pass badly needed economic reforms. As Kuwait cracks down, a battle erupts over women’s rights 2022-02-20T05:00:00Z Opponents called the recall a waste of time and money as the district challenges that include a $125 million budget deficit and the need to replace retiring Superintendent Vincent Matthews. San Francisco recalls 3 members of city’s school board 2022-02-16T05:00:00Z The U.S. government budget deficit was $2.77 trillion for the 2021 budget year that ended Sept. 30, the second highest annual deficit on record. Democrats won't oppose the war state: Are they the lesser evil — or the more effective one? 2022-02-15T05:00:00Z Critics say the recall effort is a waste of time and money, as the district faces a number of challenges including a $125 million budget deficit and the need to replace retiring Superintendent Vincent Matthews. San Francisco votes on city’s scandal-plagued school board 2022-02-14T05:00:00Z Colombia, South Africa and Thailand have the biggest budget deficits, meaning they have to borrow more to fill the gap. Dashboard of emerging market vulnerabilities to rising global rates 2022-02-04T05:00:00Z For years, presidents have promised to limit federal borrowing and bring down the nation’s budget deficit, which is the gap between what the nation spends and what it takes in. U.S. National Debt Tops $30 Trillion as Borrowing Surged Amid Pandemic 2022-02-01T05:00:00Z Given India's wide budget deficit, there is little room to spend. Budget 2022: Can India's budget address its uneven recovery? 2022-01-31T05:00:00Z Treasury bonds, used to finance America's military-based balance-of-payments deficit and the ballooning government budget deficit, will no longer be attractive investments for countries such as China. Democrats won't oppose the war state: Are they the lesser evil — or the more effective one? 2022-02-15T05:00:00Z But the money is contingent on Portugal meeting a variety of targets, including lowering its budget deficit. Portugal’s Socialists Win the Most Seats in Parliament, but Not the Majority 2022-01-30T05:00:00Z Villanueva touted some of his initiatives in office, saying he turned a budget deficit into a surplus, rolled out body cameras for deputies and managed coronavirus in the jails. Candidates for L.A. sheriff spar over budget, vaccine mandates 2022-01-27T05:00:00Z In recent months, the budget deficit has started to shrink as a stronger economy has boosted tax receipts and as government payments of pandemic relief money have slowed. U.S. National Debt Tops $30 Trillion as Borrowing Surged Amid Pandemic 2022-02-01T05:00:00Z Prices in Democratic Republic of Congo rose by a cumulative 6.3 billion percent in first half of the 1990s as budget deficits were financed with rampant money-printing. Analysis: A handbook of (mostly failed) radical inflation-fighting efforts 2022-01-21T05:00:00Z His clear lead in early polls has investors worried that the return of Lula will deepen Brazil's budget deficit. Lula says reducing poverty is Brazil's priority, not fiscal containment 2022-01-19T05:00:00Z China is likely to step up fiscal outlays this year to spur infrastructure investment, with annual budget deficit ratio and a special local government bond quota largely in line with those of 2021. Analysis: As Fed rate hikes loom, China may opt for modest easing to cushion slowdown 2022-01-12T05:00:00Z It also hinders efforts to cut budget deficits and competes with other needs, such as public spending on roads, schools and healthcare, while adding to inequality as richer households benefit disproportionately because they consume more. Kazakhstan reminds world leaders of costly fuel subsidy dilemma 2022-01-06T05:00:00Z It secured solid economic growth and quashed the budget deficit before the coronavirus pandemic, and expects a strong rebound this year and next. Portugal's Social Democrats narrow gap on PM's party before election 2021-12-30T05:00:00Z The 58-year-old premier faces a united opposition as inflation hits at a 14-year-high, the economy is headed for a slowdown, and the budget deficit has surged to record levels due to high pre-election spending. Hungary to defy EU court ruling over migration policy, Orban says 2021-12-21T05:00:00Z Democrats dismiss Manchin’s assertions that the bill would fuel inflation and worsen budget deficits. Manchin upends Biden’s agenda, won’t back $2 trillion bill 2021-12-19T05:00:00Z “I fought for less than trillion-dollar budget deficits and sane spending and some of those policies back then that the Freedom Caucus was very, very concerned with.” Freedom Caucus Republicans vow a total takeover of GOP come 2022 2021-12-17T05:00:00Z "We need to pay attention to the budget deficit," Orban told a news conference held jointly with visiting French President Emmanuel Macron and leaders of other Central European countries. Hungary PM Orban unexpectedly delays deal to buy Budapest Airport 2021-12-13T05:00:00Z The trillion-dollar coin gimmick is popular among adherents of Modern Monetary Theory, which says that government budget deficits don’t matter unless they cause the economy to overheat from excessive demand, producing inflation. Opinion | Can We Trust What’s Happening to Money? 2021-12-10T05:00:00Z The new forecast comes a month after the CBO released an estimate saying the bill that has passed the House of Representatives would increase federal budget deficits by $367 billion over 10 years. Republicans argue Biden's $1.75 trillion social plan would add to deficit 2021-12-10T05:00:00Z Musk’s comments on the budget deficit were also disappointing. Opinion | Elon Musk’s diatribe against subsidies ignores the history of the tech industry 2021-12-09T05:00:00Z “We’ve spent so much money.. the federal budget deficit is insane,” he said. Elon Musk says the US should ‘get rid of all’ government subsidies 2021-12-06T05:00:00Z The government targets a budget deficit of 7.5% of GDP this year. Hungary PM Orban unexpectedly delays deal to buy Budapest Airport 2021-12-13T05:00:00Z The country is in no real danger of runaway budget deficits or hyperinflation or a modern-day equivalent of Depression bank runs. Opinion | Can We Trust What’s Happening to Money? 2021-12-10T05:00:00Z Avoiding budget deficits had been his North Star, given his hardscrabble youth. Bob Dole, Old Soldier and Stalwart of the Senate, Dies at 98 2021-12-05T05:00:00Z They seemed to parrot conventional wisdom about budget deficits that has not been vindicated by the evidence. Opinion | Elon Musk’s diatribe against subsidies ignores the history of the tech industry 2021-12-09T05:00:00Z As Senate Finance Committee chairman, Dole won praise for his handling of a 1982 tax bill that raised revenue to ease the budget deficit. Bob Dole, a man of war, power, zingers and denied ambition 2021-12-05T05:00:00Z As with the entire package, inflation fears and budget deficits are delaying its extension. Opinion | The enhanced child tax credit is a smart investment. The Senate should extend it. 2021-12-01T05:00:00Z The adviser said the IMF talks will also cover reforms to the state-run electricity company ENEE, which runs a large budget deficit that weighs heavily on government finances. Honduras' Castro to seek new debt deal with IMF, opposes tax hikes 2021-11-30T05:00:00Z Q. The euro zone has restrictions on borrowing when budget deficits exceed 3 percent of a country’s GDP. Perspective | Greece was in deep trouble. How did it right the ship? 2021-11-24T05:00:00Z The district also is beset with declining enrollment and a long-term structural budget deficit. L.A. Unified nears a choice on its next superintendent at a critical moment for students 2021-11-25T05:00:00Z State finances are set to improve this year thanks to higher oil prices, after the coronavirus downturn led to a budget deficit of 15.4% of GDP in the 2020/21 fiscal year. Kuwait reappoints Sheikh Sabah al-Khalid as PM- state news agency 2021-11-23T05:00:00Z Analysts say the fund wants Pakistan to further reduce the budget deficit, increase tariffs of electricity and petrol, as well as curb money laundering and corruption. IMF deal with Pakistan would revive $6 billion bailout 2021-11-22T05:00:00Z Honduras ran a 5.5% budget deficit last year, but this year its seen between 4.9%-5.0%, according to finance ministry data, as the economy begins to regain momentum. Honduras' Castro to seek new debt deal with IMF, opposes tax hikes 2021-11-30T05:00:00Z But he has long expressed concern that the legislation, if not pared back to the level he is seeking, would add to the budget deficit and could fuel inflation. G.O.P. Donors Back Manchin and Sinema as They Reshape Biden’s Agenda 2021-11-21T05:00:00Z The Congressional Budget Office published an official cost estimate on Thursday afternoon that found the package would increase the federal budget deficit by $160 billion over 10 years. House Narrowly Passes Biden’s Social Safety Net and Climate Bill 2021-11-19T05:00:00Z The analysis also suggests that the Democratic plan could begin to reduce budget deficits a decade from now, if provisions in the bill expire as scheduled. Social Policy Bill Will Add to Deficit, C.B.O. Says; Democrats Delay Vote 2021-11-18T05:00:00Z Europe is going through its own balancing act, as EU capitals debate how to relax rules that oblige governments to keep budget deficits below 3% of GDP and debt below 60%. Analysis: Pandemic debt adds to challenge of funding world's climate goals 2021-11-18T05:00:00Z Because states generally can’t run budget deficits, that forced local governments into austerity mode, causing further job losses and slowing the recovery for years. How America’s Pandemic Economic Response Fought the Last War 2021-11-15T05:00:00Z Lawmakers have to rely on the budget office’s so-called score, which estimates whether the spending will add to the federal budget deficit over the next 10 years. Biden’s reliance on I.R.S. enforcement to pay for $1.85 trillion bill hits a snag. 2021-11-15T05:00:00Z The centrists are waiting for a congressional scorekeeper to rule on whether the bill will add to the federal budget deficit over the next 10 years. Biden signs infrastructure bill, promoting benefits for Americans. 2021-11-15T05:00:00Z “At that time, the CEO will outline a full plan for addressing the budget deficit inclusive of enrollment-driven revenue decreases,” school system officials said in a statement. D.C.-area public school enrollment fails to rebound from pandemic-era drops 2021-11-13T05:00:00Z Those proposals would have allowed some local levee districts to increase their taxing authority and let lawmakers cut more deeply into protected funds when the state faces a budget deficit. Louisiana voters give mixed decision to ballot’s tax changes 2021-11-14T05:00:00Z The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic. US budget deficit eases to $165B in October, down 42% 2021-11-10T05:00:00Z The parties - ranging from the mildly eurosceptic Civic Democrats to the progressive Pirate Party - pledged to cut budget deficits, which have spiralled since last year amid the pandemic and hikes in pensions and wages. Five Czech parties sign deal to form government, oust Babis 2021-11-08T05:00:00Z The fiscal framework, which aims to keep budget deficits below 3% of GDP and debt below 60% to safeguard the euro's value, also provides little explicit support for government investment. EU ministers to discuss inflation surge, EU budget rule reform 2021-11-08T05:00:00Z We’ve been tracking how well President Biden’s ambitious spending plan is meeting his announced goal of not increasing the federal budget deficit by a “single penny.” Analysis | Why Biden says his plan is ‘fiscally responsible,’ while Manchin decries ‘gimmicks’ 2021-11-02T04:00:00Z He sought to keep budget deficits low and spending tight, over the objection of the liberal wing of the Democratic Party. Opinion | Readers critique The Post: Be clear about what an ‘algorithm’ is 2021-11-05T04:00:00Z We’ve been tracking how well Biden’s ambitious spending plan is meeting his announced goal of not increasing the federal budget deficit by a “single penny.” Fact check: Why Biden says his plan is ‘fiscally responsible,’ while Manchin decries ‘gimmicks’ 2021-11-02T04:00:00Z Some administration supporters say the president’s economic message has bowed too much to concerns about inflation and federal budget deficits and lost its original focus on boosting long-term U.S. competitiveness. Biden team struggles to promote economic message as inflation persists 2021-10-30T04:00:00Z Mr. Biden said on Thursday that his plans were “fiscally responsible” and claimed that the proposals, if enacted, would reduce the country’s budget deficit. How Biden’s $2 Trillion in Tax Increases Target Companies and the Rich 2021-10-28T04:00:00Z |
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