Yet when it comes to soaking up the savings glut, deficits are deficits, and big deficits now seem to be on the cards.
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It's very possible you will have mental health deficits, mood deficits.
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FINK: I'M VERY WORRIED ABOUT WHERE OUR DEFICITS ARE GOING THE CBO CAME OUT WITH A $33 BILLION DEFICITS, $33 TRILLION DEFICITS IN TEN YEARS.
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Deficits that Republicans used to say -- GUTFELD: A Democrat cares about deficits, everyone.
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A short history of federal deficits Budget deficits are the norm in Washington.
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It ran large trade deficits when President Ronald Reagan ran large budget deficits.
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In this gold-standard thinking, government deficits are basically as bad as private deficits.
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Fifth, while the U.S. runs large trade deficits, including bilateral trade deficits with many countries, these deficits have nothing to do with our trade policy or trade agreements.
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True conservatism stands for reducing deficits rather than raising deficits to catastrophic and disastrous heights.
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The American people are getting massive deficits; deficits they, their children and grandchildren are responsible for.
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The bias against deficits makes no sense, MMT advocates sayThe bias against deficits can be harmful.
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I'M, YOU KNOW, THE BIGGEST ISSUES THIS COUNTRY FACES ARE NOT TRADE DEFICITS, THEY'RE FISCAL DEFICITS.
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But economic logic and past experience dictate that government deficits and investment booms drive trade deficits up.
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Republicans also have long distinguished between deficits caused by spending increases and deficits caused by tax cuts.
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I don't see any -- we're running 5% at GDP deficits right now, kind of Reagan era deficits.
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They embraced the idea that deficits don't matter as long as those deficits result from Republican tax cuts.
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At a minimum, there's absolutely no economic theory under which 2018 deficits are more benign than 2012 deficits.
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It has a lot to do with the deficits, it has a lot to do with the twin deficits.
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Deficits are driven by broader economic factors, and lower trade deficits coincide with economic downturns, not periods of growth.
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Do we need deficits, and would Trump's tax cuts give us the right kind of deficits to spur growth?
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Historically, we've tended to run big deficits when the economy is weak, smaller deficits or surpluses when it's strong.
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"If you were against [President] Obama's deficits and now you're for Republican deficits, isn't that very definition of hypocrisy?"
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Which means that the market impact of deficits depends on how much we think these deficits will raise demand.
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Although the dangers of government budget deficits can certainly be (and often are) overstated, immense budget deficits do carry economic risks.
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The Administration's obsession with trade deficits is particularly concerning in view of reports that the it's considering a discredited methodology to "cook the books" in calculating deficits and proposals to make deficits a reason for withdrawing from trade deals.
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But funding bigger government deficits will require inflows of capital from abroad, the flipside of which is larger, not smaller, trade deficits.
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For that reason, their large fiscal deficits have not translated into equally large current-account deficits with the rest of the world.
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In the same line of thinking, imports result in trade deficits; trade deficits destroy jobs and, consequently, lower citizens' standard of living.
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And as an advocate of smaller government, he insists deficits produced by spending programs hurt more than deficits produced by tax cuts.
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It can't have been about deficits, because Republicans then passed a tax cut for rich Americans that adds $1.4 trillion to deficits.
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And before he ran for office, he decried budget deficits and said no member of Congress should be re-elected amid deficits.
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The experience of other emerging economies over the past 20 years shows that current-account deficits can be as treacherous as fiscal deficits.
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SYLVIA MATHEWS BURWELL: So, I think when we talk about the issues of deficits, I'm still of the school that deficits do matter.
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The United States had an autos and auto parts trade deficits of $74 billion with Mexico and $5.6 billion with Canada, both major components of overall U.S. goods trade deficits with its North American neighbors — deficits that Lighthizer said could no longer continue.
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Persistent fiscal deficits and growing external deficits could result in negative rating actions, especially where debt levels are already high and liquidity buffers moderate.
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San Francisco erased deficits of 211-1, 7-4 and 10-9, while the Cubs overcame 2-0, 263-7 and 11-10 deficits.
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U.S. deficits may have played a diminished role for the dollar in the years following the crisis to around 2014 as these deficits shrank.
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"Speaker Ryan's legacy of complaining about our deficits and debt is only surpassed by how much he's increased our deficits and debt," said Rep.
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Even if tinkering with NAFTA were to reduce the bilateral deficits with Canada and Mexico, unless America saves more, deficits with other countries would increase.
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The US has historically run budget deficits much more often than it's run surpluses, and the deficits were substantially larger than those rare surpluses as well.
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This, from the king of deficits and debt, under whom the United States had record-shattering deficits of over $1 trillion four years in a row.
|
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In addition to being somewhat confused on the merits about debt and deficits, professional Democrats labor under a deeply contradictory political theory of debt and deficits.
|
|
He asked why his colleagues were opposed to deficits when the Democrats were in power but unquestionably embrace deficits now that the Republicans are in power.
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But the case for worrying about trade deficits, like the case for running budget deficits, has largely evaporated now that unemployment is back to 4 percent.
|
|
The tax cuts are creating larger deficits than Republicans predicted, and those deficits are now being cited as a pretext for cutting spending on the poor.
|
|
Michael A. Peterson, CEO of the Peter G. Peterson Foundation, which advocates for reducing deficits and debt, noted that increasing the deficits during a time of growth ran counter to mainstream economic thinking that calls for cutting deficits until the economy needs stimulus in a downturn.
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|
That does not mean that a trade deficit causes economic growth to slow; indeed widening trade deficits are associated with economic booms, and narrow deficits with recessions.
|
|
Moody's said Oman could face external vulnerability as wide fiscal deficits will contribute to wide current account deficits, perpetuating Oman's dependence on steady inflows of external financing.
|
|
Tariffs targeted at specific countries can reduce bilateral deficits with those countries, but they tend to increase deficits with other countries, leaving the overall deficit little changed.
|
|
He's repeatedly spread inaccurate figures about US deficits and demonstrated ignorance about the fact that deficits are calculated based on both goods and services, not just goods.
|
|
In particular, Republicans haven't abandoned their concerns about budget deficits, because they never cared about deficits; they only faked concern as an excuse to cut social programs.
|
|
It seeks $18 billion for the border wall he insisted Mexico would pay for, and shows higher deficits from tax cuts he had claimed wouldn't increase deficits.
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|
Over the past 30 years, swings in the twin deficits – current account and federal budget deficits – have led exchange rate movements by about six quarters With the twin deficits likely to gradually widen over the foreseeable future, we should expect to see downward pressure on the U.S. dollar.
|
|
I want them to have to answer people at home who said, 'How come you were against President Obama's deficits and then how come you're for Republican deficits?
|
|
What wasn't quite so predictable, however, was that Republicans would stop pretending to care about deficits at almost precisely the moment that deficits were starting to matter again.
|
|
I want them to have to answer people at home who said, 'How come you were against President Obama's deficits, and then how come you're for Republican deficits?
|
|
Trump's plan would initially increase incentives to save and invest but would increase deficits, while Clinton's plan would decrease incentives to save and invest but would reduce deficits.
|
|
Absolutely. The letter wasn't long enough, but the gender data — although we framed it as seeing where there's deficits for women — in many categories you see deficits for men.
|
|
Just several years ago, politicians would have been bickering about high spending and high deficits, and in the past administration, squabbling over spending and deficits shut down the government.
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|
Assuming all of its provisions are made permanent, that will expand the deficits and the debt by more than $2 trillion over 10 years, with larger and larger deficits thereafter.
|
|
As jarring as the Liberals' projected deficits were for investors, the province's auditor general found in a report in April that the deficits had been underestimated by billions of dollars.
|
|
If those conditions persist, a Trump administration may have some room to expand deficits without triggering a spike in interest rates that would undo any economic boost those deficits create.
|
|
As jarring as the Liberals' projected deficits were for investors, the province's auditor general found in a report last month that the deficits have been underestimated by billions of dollars.
|
|
He's totally supportive of deficits, even massive ones, when they're needed to overcome economic downturns, but now that the economy is recovering and deficits are still large, he's more worried.
|
|
Whether trade deficits are good or bad, trade deals are best seen as a way of raising trade flows in both directions, rather than an instrument for turning deficits into surpluses.
|
|
But some deficits are clear: Many of the babies had serious physical deficits tied to neurological damage, including overly tense muscles, muscle weakness and the inability to voluntarily move their hands.
|
|
Although conceived primarily as a way to reduce federal budget deficits, it has also been used to cut taxes and to create programs that increase spending — changes that can raise deficits.
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|
We buy all their products — huge trade deficits, yyyyyyyyuge!
|
|
Changes Republicans made earlier this week to the bill will actually only decrease federal deficits by $150 billion over 10 years, while the original measure would have lowered deficits by $337 billion.
|
|
The president's distaste for trade deficits with any country is not news, but that last sentence is striking — Trump is claiming that trade deficits are at the root of the national debt.
|
|
Both had deficits greater than the European Union's limit of 3 percent of gross domestic product in the past two years and failed to correct the deficits quickly enough, the Commission said.
|
|
So there are ways in which the government can make investments today — that increase deficits today — that produce higher growth tomorrow and build in the extra capacity to absorb those higher deficits.
|
|
The IMF, in its annual External Sector Report, which assesses exchange rates and current account surpluses and deficits, also said current account surpluses and deficits are becoming increasingly concentrated in advanced economies.
|
|
This approach helps to minimize any influence a tax cut might have in contributing to the growth of projected deficits and likely reduce current deficits over time due to continued spending restraint.
|
|
Moody's said in a statement on Tuesday that Oman could face external vulnerability as wide fiscal deficits will contribute to wide current account deficits, perpetuating Oman's dependence on steady inflows of external financing.
|
|
As we've now seen, they don't care at all about deficits as long as a Republican is in the White House and the deficits are the counterpart of tax cuts for the rich.
|
|
Journalists often assume that the purpose of reconciliation is to reduce federal budget deficits, but deficits weren't the concern in 123, when reconciliation was created as part of a new congressional budget process.
|
|
Moody's said in a statement in March that Oman could face external vulnerability as wide fiscal deficits will contribute to wide current account deficits, perpetuating Oman's dependence on steady inflows of external financing.
|
|
New rules seek to calculate "structural", ie, cyclically adjusted, deficits.
|
|
At least 10 percent have no mental deficits at all.
|
|
Trade deficits are also a powerful drag on U.S. economy.
|
|
Neither foreign wars nor economic crises required these earlier deficits.
|
|
The Trump administration's policy blueprints point to wider federal deficits.
|
|
Others privately welcomed deficits as a prod to shrinking government.
|
|
America's soaring trade deficits with China and Europe are untenable.
|
|
Remember, those trade deficits are subtractions from the U.S. GDP.
|
|
Second, the U.S. faces both fiscal and current account deficits.
|
|
Yet keeping that pledge would have precluded action on deficits.
|
|
Clinton and Obama, by contrast, left office with smaller deficits.
|
|
Four run deficits in excess of 20% of local output.
|
|
Economists widely agree that deficits of this scale are unsustainable.
|
|
Even developing countries with big budget deficits can borrow easily.
|
|
That will help narrow Pakistan's wide trade and budget deficits.
|
|
The second problem with disregarding deficits is that conditions change.
|
|
It's unlikely Model 3 customers will notice these small deficits.
|
|
However, in recent years Britain has run large trade deficits.
|
|
Like the law of 1981, these contributed to growing deficits.
|
|
As noted, deficits are up and interest rates are down.
|
|
EU rules foresee headline deficits should stay below 3 percent.
|
|
Go deeper: Warren Buffett argues government budget deficits don't matter
|
|
That in itself suggests we should have larger trade deficits.
|
|
Debts and deficits without tears is a dangerous fairy tale.
|
|
The federal budgets soared from big deficits to astounding surpluses.
|
|
The same dynamic reasserts itself on deficits, spending, and taxes.
|
|
All five states face budget deficits in coming legislative sessions.
|
|
Those two proposals make conservatives worried about budget deficits nervous.
|
|
Yet European governments continue to work to cut their deficits.
|
|
When Obama exploded deficits to $1 trillion, Republicans rightly crowed.
|
|
We are trained to believe that deficits are always bad.
|
|
America's trade deficits keep rising because of an overvalued dollar.
|
|
On Wednesday, Mboweni forecast wider budget deficits and soaring debt.
|
|
Low levels of American savings also make deficits virtually unavoidable.
|
|
Administration officials insist their plan will not increase federal deficits.
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|
Yet I'm not sure how one overcomes so many deficits.
|
|
Deficits shrank in subsequent years, but have increased under Trump.
|
|
They have expressed concerns about the bill ballooning federal deficits.
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|
TYLER MATHISEN: Let's talk a little bit about trade deficits.
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|
SECRETARY WILBUR ROSS: First of all, why do deficits matter?
|
|
Both of Australia's major parties have run up large deficits.
|
|
That is, in effect, printing money to fund government deficits.
|
|
We have billions of dollars of trade deficits with Mexico.
|
|
A tanking economy drove tax receipts down, driving deficits up.
|
|
This provided a cloak of respectability to large budget deficits.
|
|
Republicans traditionally put the blame for deficits on government spending.
|
|
He's gone along with his trillion dollar deficits every year.
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|
It is counterproductive to be too vocal about trade deficits.
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|
They'll pay off our tremendous budget deficits, which are tremendous.
|
|
The ugly Deficits are a like a drug to politicians.
|
|
Trade deficits destroy jobs, on net, and slow the economy.
|
|
The orchestra has run deficits for more than a decade.
|
|
Trump's deficits will largely benefit those at the very top.
|
|
Unlike in 2001, the federal government is facing substantial deficits.
|
|
But when demand is weak, trade deficits compound the problem.
|
|
We could be using deficits to rebuild our creaking infrastructure.
|
|
Then Bush opened up huge deficits with regressive tax cuts.
|
|
Bob Corker and Jeff Flake are worried about soaring deficits.
|
|
But deficits have grown under each Republican president since Reagan.
|
|
Massive deficits will become a huge burden for future generations.
|
|
The government would pay for it all with higher deficits.
|
|
This is where the arguments over trade deficits get tricky.
|
|
Examining him, Goldin found deficits that were subtle but real.
|
|
The CBO has projected massive deficits well into the future.
|
|
That could exacerbate budget deficits and stifle the U.S. economy.
|
|
Reagan's tax cuts inaugurated an era of unprecedented federal deficits.
|
|
BUT THERE'S A HIGHER PROBABILITY WE WILL WITH THESE DEFICITS.
|
|
Massive trade deficits subtract directly from our Gross Domestic Product.
|
|
Forget the petulant government arguing with Brussels about budget deficits.
|
|
This is not to suggest we take official deficits lightly.
|
|
America's foreign trade deficits on goods transactions are getting worse.
|
|
Trade deficits are only one measurement of international economic success.
|
|
America's bilateral deficits with several other countries, including Mexico, rose.
|
|
The United States has run large trade deficits for decades.
|
|
Taxes, deficits, spending, financial deregulation — everything is up for appraisal.
|
|
The professional deficits have been topped with dejecting personal tragedies.
|
|
So do debt and deficits matter, and if so, when?
|
|
There are only downsides: higher premiums, higher deficits, less competition.
|
|
Indeed, it should not be surprising for us to have trade deficits with slow-growing economies like Japan and Germany, but systematic and increasing trade deficits with world's growth champions are very strange events.
|
|
And the fact that Republican-controlled Senate just passed a budget resolution that provides for $1.5 trillion in additional deficits over the next decade seems to suggest that higher deficits are the likely outcome.
|
|
"Ultimately, increased federal deficits and expanded Treasury issuance to fund those deficits, combined with a reversal in investor appetite for that growing supply of Treasuries, will bring pressures back into money markets," Campbell said.
|
|
On the trade front, the administration continues to vehiculate the myths that trade deficits are inherently bad, that they are caused by unfair trade practices and that protectionism is the solution to these deficits.
|
|
The first issue with a stimulus plan is that federal budget deficits already top 1 trillion dollars a year, and deficits will increase further even without such a package as the economy enters recession.
|
|
When the proposal increases deficits and does not specify how those deficits will be addressed, the possibilities range from cuts to programs to low-income households to increases in taxes for high-income households.
|
|
" The Trump administration budget deficits are "going to push our savings rate lower and if anything, our trade deficits are going to get bigger in the years ahead, including the one probably with China.
|
|
But the net of savings less investment and deficits is much more stable and closely parallels the trade deficit, so ramifications of persistent large government deficits are very threatening for the U.S. manufacturing sector.
|
|
A rising U.S. dollar, caused in part by the deficits Trump's tax cuts have created, will do much more to dampen exports and increase imports than any trade agreement, thereby causing rising trade deficits.
|
|
And two things happened at more or less the same time: for the first time ever, the U.S. began running large peacetime full-employment budget deficits, and we began running large, sustained trade deficits.
|
|
The United States has emphasized the need for changes that U.S. goods trade deficits with its NAFTA partners, but Canada and Mexico argue the deficits are the result of a low U.S. domestic savings rate.
|
|
Their research shows that larger deficits don't stimulate the economy much, particularly when the deficits are seen as permanent (as they would be from a tax cut) and when the Federal Reserve is not accommodating.
|
|
"Those countries with current account deficits that have relied on fixed income capital inflows to finance those deficits — and that's Indonesia in spades — are going to find it more difficult," Spencer told CNBC this week.
|
|
They screamed about the evils of debt at a time when bigger deficits would have done a lot of good, and are about to blow up deficits at a time when they will do harm.
|
|
Put another way, recent Congresses (See: Republicans' tax bill and Democrats' health bill) have found a way to pass bills that increase deficits using the very thing earlier Congresses devised to keep deficits in check.
|
|
In the latter case, we talk about current deficits, but those deficits are just earmarks for the future taxes that must be imposed to pay down the national debt incurred to fund the earlier spending.
|
|
By now a large number of studies have linked deficits in auditory and visual sensory processing with schizophrenia, but there has still existed a significant overlap in these observed deficits between schizophrenic and healthy populations.
|
|
So the president&aposs focus is to somehow eliminate trade deficits.
|
|
With ART, kids were also more likely to have severe deficits.
|
|
They relentlessly attacked President Barack Obama for increasing deficits and debt.
|
|
"Deficits matter," he told Vox's Jim Tankersley in a February interview.
|
|
We have trade deficits, they have surpluses that would be unbelievable.
|
|
Cory Booker: I'm not going to tell you deficits are overrated.
|
|
That kept goods on the shelves and budget deficits under control.
|
|
Before the revolution Egypt posted healthy growth rates and manageable deficits.
|
|
But investors' appetite for funding emerging-market deficits ebbs and flows.
|
|
In short, the Chinese economic expansion financed the U.S. budget deficits.
|
|
Trump's focus is on narrowing U.S. trade deficits with other countries.
|
|
Deficits generally shrink in times of low unemployment and moderate growth.
|
|
By law, Social Security cannot be used to offset federal deficits.
|
|
He believes that large deficits are slowing American growth and employment.
|
|
AHCA might reduce deficits by a small amount over ten years.
|
|
My patient's memory deficits didn't stem from an injury at all.
|
|
Massive trade deficits are dangerous, but not the way most think.
|
|
Respondents say Clinton has better polices on trade and budget deficits.
|
|
Raising tariffs and disrupting trade will not eliminate such deficits directly.
|
|
But opponents said the tax cuts lead to much higher deficits.
|
|
Obsessing about trade deficits makes no sense in this economic situation.
|
|
For instance, while Corker has sounded the alarm about deficits, Sen.
|
|
But it is not defense spending that is driving record deficits.
|
|
The EU limits public sector deficits to 3 percent of GDP.
|
|
Ultimately, he wants to increase U.S. exports and reduce trade deficits.
|
|
Deficits keep rising even though incoming revenues break record after record.
|
|
Previous deficits have piled up a national debt of $20 trillion.
|
|
The second part, the question about savings, investment, and trade deficits.
|
|
The various reforms do not ensure the USPS won't run deficits.
|
|
And you have to get rid of limits on government deficits.
|
|
Government overspending has led to gigantic deficits and skyrocketing national debt.
|
|
All that is now a perfect setup for soaring trade deficits.
|
|
The basic fact is that our country cannot afford higher deficits.
|
|
That's an unrealistic expectation which makes those deficits a little worse.
|
|
To them, it's the spending that causes deficits, not tax cuts.
|
|
I asked you a question about the deficits and the debt.
|
|
"Do deficits only count when there's a Democratic president?" he asked.
|
|
It annuls tax cuts if they promote deficits after ten years.
|
|
It projected the law would reduce deficits by $3.2 billion. Sen.
|
|
Former Trump advisor Gary Cohn could care less about trade deficits.
|
|
Deficits reflect weakness of will and undermine the value of money.
|
|
And a simple guide to why trade deficits are totally normal.
|
|
The answer to this is not just that deficits don't matter.
|
|
They are unconcerned about the likely vast increase in government deficits.
|
|
Mr. Trump's plan could easily result in much larger federal deficits.
|
|
It is in those with serious deficits that the equation changes.
|
|
George W. Bush inherited a budget surplus and left large deficits.
|
|
True, at times of high unemployment deficits can cost us jobs.
|
|
A lot will dependent on the twin U.S. deficits going forward.
|
|
It was the first step to eliminating the Reagan-era deficits.
|
|
It's going to have some deficits, no matter what you hear.
|
|
More broadly, you have to look at the reason for deficits.
|
|
In 2012 there were strong economic reasons to run budget deficits.
|
|
We should not be running deficits of – ANDREW ROSS SORKIN: Right.
|
|
But there is no evidence that trade deficits shrink the economy.
|
|
I think economic growth is the ultimate solution to budget deficits.
|
|
As a result, the sustained deficits will reduce future national income.
|
|
But running big deficits is no longer harmless, let alone desirable.
|
|
Can we "just cut spending" to solve our trillion dollar deficits?
|
|
There are many reasons for trade deficits, not just unfair practices.
|
|
The currency comes with rules limiting the size of budget deficits.
|
|
Five hundred billion dollars a year in trade deficits with China.
|
|
And then add to that we've increased the size of deficits.
|
|
It has run deficits every year since its 219-220 season.
|
|
It also creates another potential problem for the GOP: budget deficits.
|
|
Spending, not lack of revenues, drives these deficits and this debt.
|
|
EVANS: IF YOU HEARD WHAT TIM SAID ABOUT THE TWIN DEFICITS?
|
|
The first misconception is that government budget deficits are always bad.
|
|
Then, the financial crisis brought $28503 trillion deficits and ballooning debt.
|
|
"People are quick to blame deficits on tax cuts," he said.
|
|
She argues that societal needs should determine public spending, not deficits.
|
|
But they liked to talk about reducing spending and trimming deficits.
|
|
The college has also had to grapple with sizable budget deficits.
|
|
"Bilateral deficits are going to keep popping up everywhere," he said.
|
|
Paul Krugman Republicans don't care about budget deficits, and never did.
|
|
So am I saying that Democrats should completely ignore budget deficits?
|
|
Saudi Arabia's government is slashing its deficits and reaping increased revenue.
|
|
"There are many Republicans who genuinely care about deficits," he said.
|
|
By one estimate, one-third of adults have health literacy deficits.
|
|
The reason that's important isn't narrow hair-splitting about budget deficits.
|
|
I think there are three arguments [for not worrying about deficits].
|
|
They will pay off our tremendous budget deficits which are tremendous.
|
|
So are we looking at an era of Trumpian twin deficits?
|
|
There is no need for revenue to reduce future budget deficits; the best way to keep deficits under control is to keep the economy growing and to reduce health care spending, which again means more tinkering.
|
|
Indeed, MMT has incorporated an approach to analyzing deficits — the "sectoral balances" framework — developed by the late British economist Wynne Godley, which implies that government deficits are often necessary to boost savings in the private sector.
|
|
The usual scare story about debt warns about a debt spiral: deficits mean higher debt, which means higher interest payments, which means bigger deficits, which means faster growth in debt, and so on until confidence collapses.
|
|
Well, if you don't worry too much about deficits — and as we've just seen, Republicans don't care at all about deficits as long as a Democrat isn't in the White House — we can just borrow it.
|
|
The president has made reducing trade deficits a primary goal of international economic policy, ignoring mainstream economists who see trade deficits as more a consequence of investment and savings decisions than a scorecard of national success.
|
|
The United States had autos and auto parts trade deficits of $74 billion with Mexico and $5.6 billion with Canada last year, both major components of overall U.S. goods trade deficits with its North American neighbors.
|
|
It includes proposals to cut deficits by more than $3 trillion over a decade and lower debt levels as a percentage of the gross domestic product, but does not balance by doing away with annual deficits.
|
|
It includes proposals to cut deficits by more than $2628 trillion over a decade and lower debt levels as a percentage of the gross domestic product, but does not balance by doing away with annual deficits.
|
|
Deficits absent the new laws Added to deficits by new laws (in billions) 2017 tax law 2018 budget deal Other laws 2019 $23 billion 228 188 140 Total deficit: $984 Two 2019 budget deals 2020 $473 billion 272 81 353 85 $1.05 trillion 292 2138 285 21.07 22021 $2504 billion $2292 trillion Deficits absent the new laws Added to deficits by new laws (in billions) 1653 tax law 2165 budget deal Other laws Total deficits 271 $22015 billion $984 228 188 140 Two 2019 budget deals $1.05 trillion 713 $473 billion 272 81 138 85 $1.07 trillion 2021 $504 billion 292 35 165 71 Sources: Committee for a Responsible Federal Budget; Congressional Budget Office.
|
|
The chance to roll back deficits presented itself, but with a President largely uninterested in deficits and Republican voters focused on immigration and health care, the GOP spent its political capital on a $2.3-trillion tax cut.
|
|
Given constrained supplies, this implies that market deficits are likely to persist.
|
|
Cruz overcame significant deficits in fundraising and enthusiasm to defeat Democratic Rep.
|
|
It expects the deficits will rise above $1 trillion starting in 2022.
|
|
A benign neglect of trade deficits is an equally serious policy blunder.
|
|
The symptoms of Brazil's past crises were high inflation and external deficits.
|
|
Negotiations to resolve differences faltered amid tensions over trade surpluses and deficits.
|
|
That, in turn, could pump up deficits further in the short-term.
|
|
But Rio Grande do Sul has one of the country's biggest deficits.
|
|
The programme was designed to reduce Egypt's budget and current account deficits.
|
|
The program was designed to reduce Egypt's budget and current account deficits.
|
|
Jimmy Kimmel asked a second grader to explain trade deficits to Trump.
|
|
The deepest red areas are those with the deepest deficits in rainfall.
|
|
It is also they who are running the biggest deficits (see table).
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Yet, strangely, it begins with the familiar Republican lament about budget deficits.
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"Right now, there's no real problem for having these deficits," he contended.
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There were four consecutive $1-trillion deficits under former President Barack Obama.
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If our government keeps spending trillion dollar deficits, that could happen here.
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Italy is pushing hard to be able to run bigger budget deficits.
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It seems like we ought to -- SENATOR RICK SCOTT: Trillion-dollar deficits.
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"DEFICITS don't matter," said Dick Cheney, then the vice-president, in 2004.
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Finally, we need to recognise that trade deficits are far from benign.
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Manipulation in this vein is as bipartisan as deficits and apple pie.
|
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Many countries ran deficits rather than slash their generous domestic spending programmes.
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In both cases, cheap oil fuelled concern about budget and external deficits.
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He thus believes that persistent trade deficits are by definition a problem.
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Projected federal deficits would grow by $1.5 trillion over the coming decade.
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Republicans "spent the last eight years complaining about budget deficits," Pye says.
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Analysts in the poll sharply marked down the size of expected deficits.
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The result was that spending always went higher and deficits kept climbing.
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Still, the nonpartisan group estimated it would reduce deficits by $133 billion.
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But the longer the deficits last, the greater the potential political risk.
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It didn't work, and budget deficits added trillions to the national debt.
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The report warns that the rising debt and deficits risk another crisis.
|
|
Many economists say deficits under 3 percent of GDP are considered sustainable.
|
|
Trump faces double-digit deficits among voters under 50, women and independents.
|
|
Bigger budget deficits would boost global demand and reduce current-account imbalances.
|
|
Rio is one of several Brazilian states suffering from gaping budget deficits.
|
|
The revision means Canada has now posted 21 consecutive monthly trade deficits.
|
|
Imposing spending reforms to cut deficits by $433 trillion over 1.5 years.
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You can bet any bill won't cut deficits by hundreds of billions.
|
|
And third, they learned that deficits don't really matter to their voters.
|
|
Will this trend power the global economy as U.S. trade deficits have?
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That's because of adverse effects from the higher deficits it would create.
|
|
When capital has more freedom than people, serious democratic deficits are guaranteed.
|
|
The president's obsession with trade deficits and scattershot tariffs exemplifies this mindset.
|
|
That poor record makes bigger fiscal deficits look like a worthwhile experiment.
|
|
Then deficits in bad years are offset with surpluses in good years.
|
|
The cost of benefits for aging baby boomers propel those rising deficits.
|
|
The Senate last week voted to let tax cuts create higher deficits.
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|
This would pile even more pressure on pension deficits, Deutsche Bank warns.
|
|
Others said the goal of eliminating trade deficits was unlikely to succeed.
|
|
Multiple other senators expressed fears about deficits before ultimately supporting the plan.
|
|
Accumulating budget deficits add to the federal debt, now nearly $19.4 trillion.
|
|
Meanwhile, Obama set the course for permanent trillion-dollar annual budget deficits.
|
|
"Running deficits to get the economy going, that'd be good," he said.
|
|
The tax cuts added $28503 trillion to cumulative deficits over 22019 years.
|
|
The CBO estimates that repealing the ACA would increase long-term deficits.
|
|
Unsustainable budget deficits can be seen as a sign of political dysfunction.
|
|
It also would not increase net direct spending or deficits beyond 2028.
|
|
Democrats also were able to maintain small deficits among GOP-leaning constituencies.
|
|
Deficits would hover around 5 percent through the end of the decade.
|
|
On Tuesday, both teams rallied late in regulation play to erase deficits.
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|
Her attempts to address her trustworthiness deficits are a waste of time.
|
|
And occasionally they talk about trade deficits with China, but that's it.
|
|
"I never want to hear Republicans complain about deficits ever again," Rep.
|
|
Deficits weaken the competitiveness of our economy in one of two ways.
|
|
Deficits also reduce our ability to spend on sorely needed infrastructure projects.
|
|
All this flummoxes policy analysts long committed to reducing debt and deficits.
|
|
Increased spending agreed to by both parties is also pushing up deficits.
|
|
After a hiatus from the Obama years, $2900 trillion deficits are back.
|
|
These, they say, will not even increase deficits over the long run.
|
|
How does that improve the U.S. economy, trade deficits and national security?
|
|
You don't need much math to know what that means for deficits.
|
|
We add to world and Asian demand by running current account deficits.
|
|
The European Union maintains rules limiting budget deficits and public debt burdens.
|
|
The issue is when to incur deficits and when to raise taxes.
|
|
The national debt is nearing $20 trillion, with annual deficits rising again.
|
|
The U.S. economy faces deficits exceeding $600 billion for fiscal year 2016.
|
|
The question is how House Republicans will deal with those potential deficits.
|
|
The result of those deficits is not surprising, but it is striking.
|
|
Both want the ability to raise deficits beyond the European Union limit.
|
|
Cheap Chinese imports created runaway bilateral trade deficits for the United States.
|
|
First, we must admit the problem: Trade deficits are not always benign.
|
|
The Reagan administration opened up huge deficits thanks to regressive tax cuts.
|
|
And now Trump is opening up huge deficits with regressive tax cuts.
|
|
Normally, deficits do not figure on my list of top 50 concerns.
|
|
Mr. Trump has said little recently about the trade or budget deficits.
|
|
Yearly budget deficits are expected to exceed $1 trillion beginning in 2022.
|
|
I personally oppose it because of the way it explodes the deficits.
|
|
Deficits, I don't mind (as long as there is robust economic growth).
|
|
India, another favorite, also runs large deficits and has a weak currency.
|
|
Sugar did not make the mice fat, and neither did protein deficits.
|
|
Bret: I only worry about deficits in extended periods of slow growth.
|
|
Most people will experience mental deficits as they age, sometimes severe ones.
|
|
In this mainstream view, trade deficits are not inherently good or bad.
|
|
To bridge those deficits, the United States needs to borrow from overseas.
|
|
I mean, their deficits, the money they're making off the United States.
|
|
Their main amendment topics are aimed at taxes, deficits and entitlement programs.
|
|
If future tax cuts are planned, that will raise deficits in parallel.
|
|
Corporate tax cuts that lead to huge deficits could hobble the economy.
|
|
While fiscal deficits are often good in moderation, they can become dangerous.
|
|
As a result, they run trade surpluses while we run trade deficits.
|
|
Clearly, deficits only matter when there's a Democrat in the White House.
|
|
The problem was that without accompanying cuts in spending, deficits would rise.
|
|
A centerpiece of Mr. Trump's campaign was the United States' trade deficits.
|
|
In some cases, they neglected fiscal discipline, causing ballooning debts and deficits.
|
|
The plan sparked concerns in both political parties about growing budget deficits.
|
|
According to textbook economics, persistent trade deficits are not supposed to happen.
|
|
Several companies have taken steps in recent months to finance the deficits.
|
|
Deficits aside, signals and statements from Canada hold promise in these renegotiations.
|
|
The bill would add $22024 trillion to deficits over the coming decade.
|
|
It included steps to cut chronic deficits and trim bloated public services.
|
|
Over the next three years, annual deficits increased by almost 80 percent.
|
|
With its systematic half-a-trillion dollars of quasi structural trade deficits, the U.S. accounts for 40 percent of the world's total (trade deficits) and bears the brunt of what some would call beggar-thy-neighbor trade policies.
|
|
"Ultimately, increased federal deficits and expanded Treasury issuance to fund those deficits, combined with a reversal in investor appetite for that growing supply of Treasuries, will bring pressures back into money markets," Campbell said in a research report.
|
|
Stockman recalls Kudlow as an ally who agreed with Stockman that Reagan's tax cuts were producing large deficits, and who tried to release less rosy numbers about future deficits, over heavy opposition from the rest of Reagan's team.
|
|
You see it in reports on the health of Medicare and deficits, creating the near-certainty that candidates will have to face an entitlement program running out of cash just as the Trump deficits are hitting $1 trillion.
|
|
At the time, Trudeau promised to run modest deficits over three years and to balance the books by fiscal 2019-6.18, but the most recent budget update forecasts deficits until 2022-23, the end of its forecast horizon.
|
|
"However, if we are relying on those traditional institutions … it means that you're kind of continuing the inertia of the strengths and also the deficits, and one of those deficits is the Democratic Party's Latino outreach," she added.
|
|
Thus, they recognize that deficits will be produced (by, say, large tax cuts) but basically assume the deficits will be remedied somehow, without showing the direct effect of those remedies on American households either now or in the future.
|
|
A flailing currency and soaring twin deficits have been plaguing the country's economy.
|
|
"We don&apost want deficits, we don&apost want new debt," said Romo.
|
|
IF TRADE DEFICITS ARE GOOD, THEN HOW CAN TRADE SURPLUSES NOT BE HORRIBLE?
|
|
The more -- the bigger your trade deficits, the more foreign investment you get.
|
|
"Current account deficits have come down, and the fundamentals have improved," Mishra said.
|
|
Current-account deficits have narrowed, leaving most countries less reliant on foreign borrowing.
|
|
Because their exports pay for fewer imports, the importers' current-account deficits widen.
|
|
True, if he increases spending on infrastructure or defence then deficits might explode.
|
|
Bigger deficits and more debt limits the scope to rewrite Britain's social contract.
|
|
Yet the magnitudes of those surpluses and deficits can be small or large.
|
|
Others, including the United States and Britain, have run persistent current account deficits.
|
|
And he's shown little sign of trying to make up for those deficits.
|
|
And it is opposed to the euro zone's 3% cap on budget deficits.
|
|
Massive trade deficits & little help on the very weak border must change, NOW!
|
|
Mr. Obama's run of deficits exceeding $1 trillion helped fuel the Tea Party.
|
|
But we have started to bend the curve on deficits a little bit.
|
|
Rising inflation and budget deficits are often seen as positive for gold prices.
|
|
Greece was engulfed by crisis after it overspent and hid its fiscal deficits.
|
|
You could keep tax levels where they are, and continue running large deficits.
|
|
The opposite applies to governments experiencing external and internal deficits and accelerating inflation.
|
|
Proportionate to its size, it has the biggest pension deficits of any state.
|
|
The truism that debt and deficits matter is fading away among policy elites.
|
|
Not So Fast, Some Economists Say" ... Foreign Affairs: "Who's Afraid of Budget Deficits?
|
|
" ... NY Times: "How America Learned to Stop Worrying and Love Deficits and Debt.
|
|
Large tax cuts without even larger spending reductions mean explosive deficits and debt.
|
|
THAT'S ALL REFLECTIVE OF NOT SOME DISASTER WITH DEFICITS BUT WITH STRONGER GROWTH.
|
|
Indian states are meant to keep their budget deficits below 3% of GDP.
|
|
Bilateral deficits, it is true, can more easily be altered by trade policy.
|
|
Enzi blamed both Republicans and Democrats for the trend toward trillion-dollar deficits.
|
|
But it is on the spending side where we -- that drives the deficits.
|
|
The government has promised to observe budget controls to reduce deficits and debt.
|
|
In this case, Trump exposed an unsaid but prevalent conservative hypocrisy about deficits.
|
|
More important, the plan would vastly expand federal deficits on a permanent basis.
|
|
At 6 weeks, none of the babies showed deficits in their motor skills.
|
|
Abandons "revenue neutrality," the dogma that tax reform mustn't worsen currently projected deficits.
|
|
The U.S. administration has flagged its top trade priority as reducing trade deficits.
|
|
"We are forecasting partial deficits for the next couple of years," she said.
|
|
So, deficits can be too big, but they can also be too small.
|
|
The Senate proposal would reduce deficits by $321 billion over the next decade.
|
|
The Republicans have spent much of Barack Obama's presidency denouncing debt and deficits.
|
|
Foreign bond ownership is high and it runs a persistent current account deficits.
|
|
He agrees with Trump that the mounting trade deficits with China are unacceptable.
|
|
There is not one word about cutting deficits or spending, or reforming entitlements.
|
|
On Thursday night, the Wild erased two deficits but couldn't trump a third.
|
|
He argues that this phenomenon will hasten currency depreciation and monetized fiscal deficits.
|
|
FABER: THE CONTINUED FOCUS ON TRADE DEFICITS IS SOMETHING ELSE MANY PEOPLE DISCUSS.
|
|
Germany then ran budget and trade deficits to finance reconstruction in the east.
|
|
Deficits in goods with China and the European Union reached all-time highs.
|
|
Presumably good, tough trade policies would bring surpluses, or at least reduced deficits.
|
|
Ms. Rousseff is accused of using state-bank loans to disguise fiscal deficits.
|
|
Otherwise, the era of $2 trillion deficits will be just around the corner.
|
|
On the positive side, it criticizes "massive trade deficits" as bad for America.
|
|
With government deficits rising and bond issuance increasing, that could pose a problem.
|
|
In fact, the school district is facing years of projected deficits, LAUSD said.
|
|
Congress' Joint Committee on Taxation says each would increase deficits by $1.4 trillion.
|
|
Spain and Portugal face fines for repeatedly failing to rein in their deficits.
|
|
Member countries were also obliged to meet strict targets for their budget deficits.
|
|
We must also recognize that our nation has massive federal deficits and debt.
|
|
Only in extremely rare cases do teams rebound from 3-1 series deficits.
|
|
The deficits in these tax bills may also trigger mandatory cuts in Medicare.
|
|
But, at best, it will offset less than 1 percent of increased deficits.
|
|
He concludes entitlement reform is key to controlling the national debt and deficits.
|
|
Financing these two deficits has depended on critical financial transfers from its diaspora.
|
|
Those surplus savings flow into countries with trade deficits, primarily the United States.
|
|
The deficits Democrats face aren't the result of an unlucky cycle or two.
|
|
So those huge deficits are a feature of the plans, not a bug.
|
|
He cites two different reasons stemming from how deficits are measured and forecast.
|
|
"We need [China] to finance our debts and deficits" in the United States.
|
|
Problems of large trade deficits with East Asia will take time to solve.
|
|
Is it primarily about reducing deficits with China and other major trading partners?
|
|
Growth is everything when it comes to bringing revenues up and deficits down.
|
|
We've become more and more successful at treating deficits and deficiencies in people.
|
|
The GOP spent the Obama years in a frenzy over debt and deficits.
|
|
So trade experts say there's no point in using deficits as a scorecard.
|
|
Elon Musk released updates to Autopilot in 2016 to correct the safety deficits.
|
|
Instead, they reminded us Wednesday night of their gumption, and of their deficits.
|
|
Trump says he wants to rebalance what he calls unfair U.S. trade deficits.
|
|
Trump sees U.S. bilateral trade deficits as prima facie evidence of unfair trade.
|
|
The answer, in short, is how much wage rates rise and deficits don't.
|
|
Remember when people were all worked up over trillion-dollar government budget deficits?
|
|
Not long ago, leading Republicans claimed to be deeply concerned about budget deficits.
|
|
But the people who make positive change usually focus on gifts, not deficits.
|
|
President Trump's push for tariffs is driven by his fixation on trade deficits.
|
|
It argued that deficits reflect myriad factors, including the strength of the dollar.
|
|
"We have large trade deficits with Mexico and Canada," the president tweeted Monday.
|
|
George W. Bush ran up huge deficits to pay for his tax cuts.
|
|
Many economists consider larger government budget deficits a more effective anti-recession weapon.
|
|
Corporate debt levels continue to rise; government debts and deficits continue to rise.
|
|
Economists often advise governments to run large deficits during recessions to stimulate growth.
|
|
Historically, the most important cause of large deficits has been spending on wars.
|
|
"Reagan proved that deficits don't matter," Vice President Dick Cheney said in 2002.
|
|
Background reading: • The Senate Republican tax bill has hit a snag over deficits.
|
|
When deficits soared after the recession, interest rates fell and savings rates climbed.
|
|
As federal deficits ballooned, inflation declined — and all the while the economy grew.
|
|
But White House officials claimed the president was speaking broadly about cutting deficits.
|
|
Surging deficits could leave Washington with less ammo to fight an actual recession.
|
|
The Hurricanes, No. 3 in the playoff rankings, erased two 14-point deficits.
|
|
Most ominous, Brazil has high and uncontrolled deficits and a debt-to-G.
|
|
If not, conservative lawmakers will have to accept higher federal deficits and debt.
|
|
And we have-- through this tax bill, raised the trajectory of budget deficits.
|
|
But back to deficits: the crucial point is not that Republicans were hypocritical.
|
|
They include difficult debates over trade, immigration, national defense, the debt and deficits.
|
|
NAFTA's future is now uncertain, largely based on the concern of trade deficits.
|
|
Congress reduced deficits with another reconciliation bill, the Balanced Budget Act of 1997.
|
|
A decade of projected trillion-dollar deficits, he added, was unprecedented in peacetime.
|
|
Historical data tells us, trade deficits may be difficult to decline through tariffs.
|
|
The deal to raise spending caps is expected to contribute to higher deficits.
|
|
Mexico and Canada, however, are united in discounting the importance of trade deficits.
|
|
Reducing trade deficits with other countries is one of its measures of success.
|
|
He didn't even mention our country's looming debt and deficits in the speech.
|
|
After years of budget deficits, the city has had three years without one.
|
|
It was a structural deficit, and structural deficits actually need to be restructured.
|
|
Even relatively low levels of blast exposure can result in temporary cognitive deficits.
|
|
The Ravens have twice faced deficits of at least 14 points this season.
|
|
Deficits add to a country's debt load but could also boost economic growth.
|
|
Rather, it's about huge payouts to the wealthiest Americans — and deficits be damned!
|
|
If you know the game, it makes up for a lot of deficits.
|
|
Our big trade deficits are the result of bad monetary policy for decades.
|
|
All three faced massive deficits that led to hyperinflation due to money printing.
|
|
That's nearly double the amount of next three largest U.S. trade deficits combined.
|
|
"Politicians and policymakers should focus on urgent social programs, not deficits," they advised.
|
|
The approach, known as border adjustment, creates the appearance of taxing trade deficits.
|
|
Movies and music are cultural exports that help to narrow America's trade deficits.
|
|
Our deficits aren't out of control because we're not bringing in enough revenue.
|
|
George W. Bush gave America body bags, ballooning deficits and a housing crash.
|
|
That's not what-- the president-- campaigned on, returning to the trillion-dollar deficits.
|
|
Trump says he wants better trade deals, and the base complains about deficits.
|
|
"If they start running deficits again, that oversight can come back," he said.
|
|
Bahrain will finance its deficits through a mixture of foreign and local debt.
|
|
It now predicts deficits will increase by $900 billion — double its original forecast.
|
|
We have trillion dollar deficits projected as far as the eye can see.
|
|
Walker has said limiting the payout was necessary to address big budget deficits.
|
|
Where there were deficits in the past, he could show a budget surplus.
|
|
" He also claimed it would "cut down the deficits by a trillion dollars.
|
|
But when it came for Republicans running deficits, Cruz went on the defense.
|
|
And that's kind of a shame because if deficits led to really big interest-rate changes right away then it would be very hard for politicians to steal money from future generations because the economic harm from deficits would be immediate.
|
|
It is easier to pick up catch phrases about "fair" trade agreements or allegedly harmful "trade deficits," than to absorb the complicated analyses about trade, deficits and their relationship to the massive economic transformations that have swept through America this century.
|
|
While large current account deficits have not always led to sharp falls in sterling, all sharp falls in sterling in recent decades have come along with significant such deficits, sometimes of only a third of the one we now have.
|
|
A string of sustained deficits led many to believe that Australia was on the brink of losing its prized 'AAA' sovereign rating after Standard & Poor's (S&P) warned in July that continued deficits would be inconsistent with a 'AAA' rating.
|
|
And this inflow of foreign money would drive up the value of the dollar and lead to huge trade deficits: according to my analysis of the most optimistic forecast out there, more than $6 trillion in deficits over the next decade.
|
|
In fact, the usual suspects like Paul Ryan were talking about the need for "entitlement reform" — meaning cuts in Medicare and Medicaid — to reduce deficits even as they were passing a huge tax cut that will make those deficits much worse.
|
|
Biden argued then, and has reiterated since, that soaring deficits would lead to GOP calls to slash entitlement programs such as Social Security as well as discretionary spending, and therefore that it was better to act to keep deficits down.
|
|
S&P Global Ratings changed its outlook for Romania this month to negative because of concerns about widening deficits - and the pension increase - and said it could cut its BBB- rating within two years if deficits are not reined in.
|
|
Since the 1970s, the U.S. service sector has produced a trade surplus, which has grown to a little over 1 percent of GDP, so the international flows financing government deficits have been offset by trade deficits in the goods sector.
|
|
SO MY GUESS IS – MANY DISAGREE -- BUT I WOULD ARGUE, DEFICITS ARE GOING TO COME DOWN QUITE A BIT IN THE NEXT FEW YEARS AS A SHARED GDP PARTICULARLY, DEFICITS IN TERMS OF THE ECONOMY IS GOING TO COME WAY DOWN.
|
|
But those could easily turn into large deficits if stoppages and disruptions are prolonged.
|
|
Navarro is considered the advisor who most fuels Trump's fixation on reducing trade deficits.
|
|
Macri inherited an economy with high inflation, scant central bank reserves and wide deficits.
|
|
Deficits rose after tax cuts under Republican Presidents Ronald Reagan and George W. Bush.
|
|
And for years, the Greeks borrowed money, ran deficits, and their economy has shrunk.
|
|
This is all premised on an accounting fiction that somehow trade deficits are terrible.
|
|
These external debts and deficits leave Turkey vulnerable to the withdrawal of foreign capital.
|
|
Measurement error aside, global trade balances; surpluses in some countries offset deficits in others.
|
|
In the early 1990s, surpluses and deficits were each around 0.5% of global GDP.
|
|
For 2016, Madrid intends to continue to access the markets to fund its deficits.
|
|
Alarmingly, the current-account and budget deficits were around 8% of GDP in 2016.
|
|
The Congressional Budget Office expects deficits to exceed that mark every year going forward.
|
|
The other is deregulation, which matters more to Republicans now than debt or deficits.
|
|
But it has come at a price: ballooning deficits and dwindling corporate tax revenue.
|
|
"This is exactly the time when deficits should be contracting, not expanding," he added.
|
|
We are going to run structural $20083 trillion deficits in the next 10 years.
|
|
Gordon helped the Magic rally from multiple 12-point deficits by scoring 41 points.
|
|
Italian, French and Spanish deficits would all have been about 2 percentage points higher.
|
|
A financial overshoot would see high private sector deficits and extremes in consumer confidence.
|
|
But big budget deficits and loose monetary policy can only paper over the problem.
|
|
Even though we're always talking about deficits, we're obviously a wealthy, first world society.
|
|
Low leverage ratios give treasury ministries latitude to run fiscal deficits for several years.
|
|
But one rule of thumb is that deficits matter when markets say they do.
|
|
However, despite excessive deficits in the past, the commission has never fined a country.
|
|
Just look at India, where, historically, high tariffs and high trade deficits have coexisted.
|
|
If the cost of government borrowing rises, it becomes harder to finance budget deficits.
|
|
Most advanced economies have more debt and larger deficits than they had in 220.
|
|
Early drafts of the budget in the House of Representatives would not increase deficits.
|
|
Fiscal deficits are irrelevant as long as unemployment is low and prices are stable.
|
|
As Cheney's quote about Reagan shows, Republicans habitually ignore deficits when they obtain power.
|
|
"Trade deficits started the conversation, but nobody really talks about that seriously," he added.
|
|
Without that growth, he warned, it will become increasingly difficult to cut budget deficits.
|
|
The Commission also spared Spain and Portugal fines in 2016 despite their excessive deficits.
|
|
The report, "EM Current Account Deficits on the Rise Again", is available on www.fitchratings.
|
|
Ramaphosa is viewed more favourably by foreign investors, who help cover the country's deficits.
|
|
He tasked Commerce Secretary Wilbur Ross to look at practices behind U.S. trade deficits.
|
|
Those deficits will be used as an excuse to cut back on important investments.
|
|
The NBH said it expected a continued growth impetus from low deficits beyond 2016.
|
|
America's debt crisis is mounting, our trade deficits with dozens of nations are increasing.
|
|
That's because the deficits aren't verbal; they relate more to visual and spatial skills.
|
|
Republicans in Congress are loathe to pass any legislation that results in higher deficits.
|
|
EU governments agreed to give the countries extra time to reduce their budget deficits.
|
|
A few years ago, only a handful of the worst-managed hospitals ran deficits.
|
|
Financing of current account deficits will keep net external debt on an upward trend.
|
|
Current-account deficits widened, to 12% of GDP in Portugal and 15% in Greece.
|
|
It is a deep misunderstanding by the nationalists of how trade deficits are created.
|
|
Bashir's government ran up enormous budget deficits by subsidizing fuel, bread and other products.
|
|
Over the 10-year period from 2018-2027, it forecast deficits totaling $20183-trillion.
|
|
So, rather than reducing U.S. trade deficits, the administration's policies have substantially increased them.
|
|
One year ago, the budget outlook included continuously rising deficits and an exploding debt.
|
|
Bob Corker, have expressed concerns about the potential budget deficits generated by the cuts.
|
|
He then ordered a cut to $85033 billion, arguing rising deficits demand spending cuts.
|
|
The widening of the country's budget and current account deficits have weighed on assets.
|
|
Mike Bishop (MI-000) and Fred Upton (MI-06)-- face fundraising deficits as well.
|
|
Fitch expects a looser fiscal stance will lead to larger deficits and higher debt.
|
|
Trump has so far been unsuccessful in lowering U.S. trade deficits around the world.
|
|
The Washington Post: "We're like Thelma and Louise": Republicans shrug at deficits under Trump.
|
|
Rather, Medicaid for All will drive a massive expansion of federal deficits and debt.
|
|
Multiple Republican senators have expressed concerns about blowing up federal deficits with tax cuts.
|
|
The plan would add about $1.4 trillion to deficits through 2027 before economic growth.
|
|
Reagan's tax cuts, like President George W. Bush's 20 years later, made deficits bigger.
|
|
Italy must bear down on its budget deficits and keep trimming unaffordable public spending.
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Rising deficits grow the debt and the growth in the debt aggravates the deficit.
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Democrats have also taken steps to reduce the long-term drivers of our deficits.
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To Democrats tax cuts are generally suspect because they reduce revenue and increase deficits.
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The proposal could be welcomed in countries like Italy which call for larger deficits.
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But monthly deficits in February and March were also deeper than in previous years.
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But, contrary to his promises as a presidential candidate, deficits have continued to increase.
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Currently, the economy is at full employment, but the government is running substantial deficits.
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That reduces expected revenue and increases projected deficits in the absence of tax cuts.
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Such a provision would force tax increases if deficits later prove higher than expected.
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DEFICITS WILL BE HELPED BY BETTER ECONOMIC GROWTH ONLY THE CBO WOULD ACKNOWLEDGE THAT.
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It was once the party of free trade, low deficits and support for immigration.
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And it won't stop the national debt from growing after decades of budget deficits.
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Its main damage was to run up the huge deficits under President Ronald Reagan.
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The country is over $85033 trillion in debt, and deficits are projected to grow.
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This includes deficits with China, which accounts for 85033 percent of America's trade imbalance.
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The CBO estimates the US will run trillion-dollar deficits indefinitely starting in 2020.
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Analysis of their brains, specifically the area involved with learning, showed some key deficits.
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Opposition parties say he risks returning Canada to an era of persistent massive deficits.
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For the fiscally conservative GOP, the era of big deficits appears to be back.
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Kushner said the country faces serious challenges, referencing the economy, terrorism and trade deficits.
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This makes imported goods cheaper and U.S. exports more expensive, pushing toward increased deficits.
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I can run persistent trade deficits with restaurants because I run trade surpluses elsewhere.
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Yes, we've had large deficits, but inflation has been too low, not too high.
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We encourage each other's positives and successes, and make up for each other's deficits.
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Big deficits really can, under the right circumstances, lead to high government borrowing costs.
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But — as Democrats knew perfectly well — Republican concern about Obama-era deficits was fake.
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So let's look at the metros with the biggest goods trade deficits and surpluses.
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Further, the pattern of Republican deficits and Democratic austerity was a carefully designed trap.
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Past shutdowns have been over fights on deficits, spending, abortion, and — most recently — Obamacare.
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First, he believes that trade deficits are the reason we've shifted away from manufacturing.
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To be fair, those deficits have played some role in shrinking U.S. industrial employment.
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He vowed to shrink Argentina's monumental deficits by diminishing the largess of the state.
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By contrast, it's customary for the federal government to run larger deficits during downturns.
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But in the meantime, the Chinese plan is pushing Pakistan's deficits to unsustainable levels.
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"This tax plan will cut down the deficits by a trillion dollars," Mnuchin said.
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Commerzbank sees U.S. budget deficits ballooning to 8.5% of GDP this year and next.
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Treasury Secretary Steve Mnuchin, for example, has been adamant that deficits simply don't matter.
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Ever-larger budget deficits have become their means of making policy and practicing politics.
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Expansionary fiscal and wage policies have increased the country's budget and current account deficits.
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They never really cared about debt and deficits; it was a fraud all along.
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Tax cuts really do create deficits There are several important things at play here.
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But the myth that Republicans care more about deficits persists despite the historical record.
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We have budget deficits, not surpluses, and lots of unmet needs for future spending.
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Of course, deficits have not been a concern of the current administration to-date.
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Perhaps this surprises you, as you've long heard Republicans cry about deficits and debt.
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|
How do the president's claims about tariffs and trade deficits stack up to reality?
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The agreement also ostensibly addresses a major economic peeve of the president's: trade deficits.
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Down syndrome is associated with intellectual deficits, developmental delays, thyroid problems and heart disease.
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|
As "grief workers," they regulate society by calculating emotional deficits and canceling them out.
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|
Expansionary fiscal and wage policies have increased the countrys budget and current account deficits.
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|
Rules that require individual countries to limit deficits mean overall policy is too tight.
|
|
And he said that fewer orchestras were now running deficits than during the recession.
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|
Trump and the Republicans are likely to finance their tax cuts with higher deficits.
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|
The most important lesson about trade deficits is that they have a flip side.
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|
Deficits would cumulatively total $9.4 trillion from 2018 to 13, the budget office projects.
|
|
"We're keeping a very close eye on government debt and on deficits," Hassett added.
|
|
This addiction can lead to academic failure, social deficits, criminal activity, and even death.
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|
The Fed chairman weighed in on the necessity to be mindful of ballooning deficits.
|
|
And states, unlike the federal government, generally cannot plug budget holes by running deficits.
|
|
Is it possible that the ayahuasca actually reverses these deficits over the long term?
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|
Deficits aren&apost necessarily bad, since investments (infrastructure, education, recession stimulus) can spur growth.
|
|
This team has already erased double-digit deficits in two playoff games so far.
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|
In recent periods in the United States, sustained economic expansions have brought deficits down.
|
|
Both measures would make certain euro members at least partially carry other members' deficits.
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|
Trump believes the United States "loses" when it runs trade deficits with other countries.
|
|
European Union budgetary rules also constrain some NATO countries from increasing their budget deficits.
|
|
They can run up huge deficits and the dollar can become worth far less.
|
|
Political fighting has hamstrung the government's handling of deficits, corporate taxes and foreign debt.
|
|
Current account deficits meanwhile remain adequately financed by a stable net inflow of FDI.
|
|
If that was the world's balance of payments, Asian surpluses would cover American deficits.
|
|
Our new trillion dollar deficits are unsustainable, according to Federal Reserve Chairman Jerome Powell.
|
|
Those economies with high current account deficits have been particularly vulnerable to capital flight.
|
|
Even this budget comes with tradeoffs in the form of higher debt and deficits.
|
|
The nonpartisan federal agency predicts trillion-dollar deficits every year for the foreseeable future.
|
|
"Cash deficits occur earlier in the year, linger longer and run deeper," said Guterres.
|
|
The Tea Party railed on about the trillion-dollar annual deficits of President Obama.
|
|
Others add that, as with NAFTA, the U.S. is too focused on trade deficits.
|
|
Make no mistake: Persistent federal deficits will create politically difficult decisions down the road.
|
|
Financing $1 trillion deficits Trump himself was recently against the idea of negative rates.
|
|
Lawmakers could waive rules requiring the bill to account for any spending deficits, however.
|
|
Trump and his aides emphasize tax cuts and are willing to accept higher deficits.
|
|
But there are downsides to these approaches, including increased deficits and levels of debt.
|
|
Beyond taxes, ideas out of academia have also shifted the political conversation around deficits.
|
|
The nation's trade deficits with China and the European Union both shrank in August.
|
|
Deficits haven't crushed growth and Obamacare hasn't kept people from going back to work.
|
|
Those deficits will serve as the motivation to enact cuts they've sought all along.
|
|
For Corker, this issue went way beyond routine politics: "Deficits matter," he forcefully asserted.
|
|
The White House's midyear budget projections see federal deficits surpassing $2628 trillion in 28500.
|
|
Cellphones are so present for many of us that they're practically limbs — with deficits.
|
|
You say you think the costs of deficits are higher than some lefties think.
|
|
These deficits were sufficient to classify schizophrenic subjects with an 80 percent success rate.
|
|
Those tax cuts were eventually enacted in 2003, and an deficits operating promptly grew.
|
|
In fact, growth quickened and the labor market tightened — which means deficits should've fallen.
|
|
On Friday, Trump sought to push his crusade against U.S. trade deficits and for more manufacturing jobs back to the top of his agenda, by ordering a study into the causes of the trade deficits and a clampdown on import duty evasion.
|
|
In the mid-20th century, the economist Robert Triffin warned that the provider of the global reserve currency would need to run perpetual trade deficits to keep the world financial system from freezing, with those trade deficits potentially fueling domestic booms and busts.
|
|
These deficits are not the temporary biproduct of a major recession, stimulus spending, bailouts like those of a decade ago, or a war like World War II. No, trillion-dollar deficits are here to stay – a stinging indictment of this bipartisan spending addiction.
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|
BUDGET The bills' backers conveniently assume away the deficits that finance these tax cuts; such deficits are likely to either raise interest rates or increase borrowing from foreigners (such that more of the country's income flows abroad in the future), or do both.
|
|
Perennial scourges such as double-digit inflation and ballooning current-account deficits have been absent.
|
|
Not all countries can run current-account surpluses (which must be matched by deficits elsewhere).
|
|
Then deficits would begin increasing again with the retirement and health costs of aging Americans.
|
|
It will also likely do little to address Trump's big pet peeve about trade deficits.
|
|
And even now, he trumpets views -- protectionist on trade, uncaring about debt and deficits, etc.
|
|
The trade deficits are a manifestation of our saving deficit," Roach said on "Squawk Box.
|
|
Some blame the euro rules that limit government spending and deficits, which can stimulate growth.
|
|
AP: You saw the numbers, the coverage in the last couple of days about deficits.
|
|
So did Australia and New Zealand, both of which also have large current-account deficits.
|
|
Systematic deficits on China trades is America's increasingly important — and seriously worsening — decades-old problem.
|
|
"Nobody cares about deficits until it grips the economy in an inflationary way," he said.
|
|
More significant, they persisted through torturous negotiations toward a compromise to restrain swelling budget deficits.
|
|
We've been hearing for years from Republicans about how debts and deficits hold back growth.
|
|
President-elect Donald Trump made America's large trade deficits a central part of his campaign.
|
|
Does China need to import foreign savings to finance its public debt and budget deficits?
|
|
Concerns about the U.S. deficits and rising government debt needs are also weighing on bonds.
|
|
The nation was emerging from a recession and financial crisis, and had seen deficits skyrocket.
|
|
India's single market and currency allow some states to run enormous trade deficits with others.
|
|
The current-account deficits in the euro zone's crisis countries were of the worrying kind.
|
|
We must stop outsourcing our jobs overseas and end our multi-billion dollar trade deficits.
|
|
Here's how the deficits have grown, shrunk, and grown again over the last 58 years.
|
|
While fully funding the IRS would not eliminate deficits, it could make a measurable dent.
|
|
Following this experience, the notion of "twin deficits"—in government borrowing and trade—became popular.
|
|
It's a broad spectrum of developmental disorders characterized by deficits in communication and social interaction.
|
|
"It's very likely that we get rising fiscal deficits, at least initially," Pimco's Fels said.
|
|
Across much of the emerging world, too, deficits are expected to shrink in coming years.
|
|
Months of negotiations lie ahead with Congress, especially over the effect on future budget deficits.
|
|
And the resulting fiscal deficits have lowered the region's net financial wealth during 2014–18.
|
|
Trade deficits are intrinsically bad, they seem to think—a sign the country is losing.
|
|
What the tax cut did instead was fuel a return to record deficits [tmsnrt.rs/2vMrwL2].
|
|
Falling oil prices led to deficits in Venezuela, which the government tackled by printing money.
|
|
Bashir's government had run up enormous budget deficits by subsidising fuel, bread and other products.
|
|
Two-thirds of trusts reported deficits in 2015-16, up from 44% a year earlier.
|
|
Had he wiggled out of that jam, this team, we've overcome three-run deficits quickly.
|
|
With deficits reaching nearly $8 billion by the end of 2018, as MarketWatch points out.
|
|
Even the product deficits—it didn't support 3G or MMS messaging—didn't seem to matter.
|
|
A loss of focus allowed Pavlyuchenkova to break and hold serve to trim the deficits.
|
|
"Then you throw on potentially a big fiscal package, rising debts and deficits," Boockvar added.
|
|
For the record, flaws in the budget process were not the cause of the deficits.
|
|
Are you proposing more than you can actually deliver, at least not without big deficits?
|
|
Those chiefly concerned with shrinking federal deficits blast a new flood-tide of red ink.
|
|
Dallas overcome three separate deficits to eventually pull away in the game's final 10 minutes.
|
|
Successive governments have consistently used taxes on alcohol to boost revenue to bridge budget deficits.
|
|
Among these are computer trading and derivative securities, illiquidity, trade and budget deficits, and overvaluation.
|
|
Another part is the market reacting to the bigger deficits those tax cuts have generated.
|
|
Trump has said he will remedy what he terms the jobs- and industry-destroying deficits.
|
|
Bigger — much bigger — deficits in the national polls have been overcome before in presidential elections.
|
|
Right-wingers turned a debate about democratic deficits into one about Luxembourgish identity and language.
|
|
And after the tax cuts passed in December, trillion-dollar deficits are forecast from 2020.
|
|
Set aside the question of whether Mr Trump's dislike of deficits makes sense (it doesn't).
|
|
And we have racked up $13 trillion in trade deficits over the last two decades.
|
|
"In the next three-year budget, we are planning to reduce our deficits," Siluanov added.
|
|
Deficits need plugging, even as many residents complain that city tax rates are already high.
|
|
For now it is fixated on deficits and debt rather than investment and public services.
|
|
Or put it another way — the deficits in the U.S. could become a bigger issue.
|
|
The Clinton team took action to reverse the structural budget deficits that Reagan had created.
|
|
The draft budgets requires indirect tax increases to comply with European Union limits on deficits.
|
|
Liberals have used the constraint of deficits while in power even more strongly than Republicans.
|
|
His team erased 93-2 and 2-4 deficits but he couldn't maintain the ties.
|
|
However, it will lead to wider fiscal deficits and add significantly to US government debt.
|
|
Essentially, budget deficits have soared and governments will continue to borrow to finance public expenditure.
|
|
The falling oil price means many countries sold assets last year to finance budget deficits.
|
|
Eliminating these taxes does imply higher deficits, even though the cuts will stimulate economic activity.
|
|
"Our mandate ... is a mandate towards price stability, not towards financing governments' deficits," Draghi said.
|
|
"And we've done all this while cutting our deficits by almost three-quarters," he said.
|
|
Health care, immigration, taxes, deficits—every debate, every topic and idea was us vs. them.
|
|
It also would not address currency manipulation concerns or set targets for U.S. trade deficits.
|
|
Certain U.S. products currently running the biggest deficits could become targets for Trump administration negotiators.
|
|
Canada ran its two biggest trade deficits ever in April and May of this year.
|
|
The European Commission has put Zagreb under strict monitoring for macro-economic imbalances and deficits.
|
|
The banks buy government debt, which finances the country's eye-watering public indebtedness, and deficits.
|
|
Expenses continue to grow because persistent deficits lead to accumulating debt and higher interest payments.
|
|
Fact: The AHCA would have reduced deficits by over $300 billion over the next decade.
|
|
We're quite a few years out of a recession, and we have very high deficits.
|
|
However, larger budget deficits would crowd out private investment in later years, dampening economic growth.
|
|
Despite administration claims to the contrary, the framework would substantially increase federal deficits and debt.
|
|
Budget hawks, they say, have warned about the detrimental effects of high deficits for years.
|
|
Critics quibble that government must pay interest on reserves and bonds left from budget deficits.
|
|
But somehow, that leadership is still pressing on with an obsession over revenues and deficits.
|
|
Levin also expressed concerns that Republicans will try to address deficits by cutting essential programs.
|
|
Trade deficits (losses) are the result of terrible, horrible, no-good, very bad trade policies.
|
|
Some lawmakers have also expressed concerns about the potential budget deficits generated by the cuts.
|
|
Historically, low unemployment and GDP growth meant more people paid more taxes and deficits shrunk.
|
|
But this costs money, and Spain has one of the largest budget deficits in Europe.
|
|
They noted that the budget reconciliation process was designed to curb deficits but rarely works.
|
|
There is no way, really, to make those kinds of deficits up in a recount.
|
|
However, this competition must be understood as far larger than trade deficits and intellectual property.
|
|
The CBO projects trillion-dollar deficits and a ballooning national debt far into the future.
|
|
It will also reduce deficits in the long term if such robust economic growth continues.
|
|
Second, under Senate rules, the bill's increased deficits cannot continue beyond the next 10 years.
|
|
Today, the government is running annual budget deficits that are expected to reach $1 trillion.
|
|
The agreement will help finance Iraq's fiscal and current account deficits, the rating agency said.
|
|
But the 2017 tax law took our already oversized deficits and made them even larger.
|
|
Many Democrats, far too enamored of Keynesian solutions, have argued that deficits don't really matter.
|
|
The social anxiety/phobia and cognitive deficits were also present before he enlisted, Morgan said.
|
|
Spain and Portugal have repeatedly failed to rein in their deficits, according to European regulators.
|
|
We're tired of the deficits, and we want a businessman who can balance the budget.
|
|
States made it a crime to teach blacks and left a legacy of learning deficits.
|
|
America's strengthening domestic demand will push trade deficits to new highs in the months ahead.
|
|
But deficits aren't the only area where Republicans are still trying to find common ground.
|
|
Excessive budget deficits might also lead to higher future inflation — itself a sort of tax.
|
|
But, once those deficits are paid for, the middle class again faces increasing tax burdens.
|
|
Economic booms and busts come and go, but deficits and growing debt are a constant.
|
|
We're already on track to have $200 trillion in deficits in the next 27 years.
|
|
Those deficits in turn led to unreliable behavior and even an increased tendency toward criminality.
|
|
Both, however, forecast similar deficits in excess of 7,000 tonnes at the end of 2020.
|
|
Trade deficits and surpluses are nothing more nor less than borrowing and lending between countries.
|
|
But it has made slow progress on economic reform to curb public spending and deficits.
|
|
A further decline in commodity prices would negatively impact growth and exacerbate Ghana's twin deficits.
|
|
Calculating exact job deficits (or gains) from trade deals is an inexact science at best.
|
|
I was gratified to learn that all those accounts of Einstein's intellectual deficits were nonsense.
|
|
Trade deficits are not inherently good or bad; they can be either, depending on circumstances.
|
|
Spotlight: Dilma Rousseff, Brazil's first female president, might be impeached for allegedly hiding budget deficits.
|
|
Both are running budget deficits well above the limit — 3 percent of gross domestic product.
|
|
She was evaluated for visual, learning and hearing disabilities; cognitive impairments; ambidexterity; motor-skill deficits.
|
|
McCulley: And there is plenty of room for the fiscal authority to run larger deficits.
|
|
We had trade deficits that were so large nobody has ever seen anything like it.
|
|
And our news podcast, "The Daily," examines Mr. Trump's claims about tariffs and trade deficits.
|
|
The era of fiscal austerity is over, and the era of big deficits is back.
|
|
But budget deficits have to be brought back under control during periods of cyclical upturn.
|
|
Then again, Keynesian deficits were considered unthinkable at the beginning of the 1930s Great Depression.
|
|
Furthermore, she was right to say that, in some cases, Americans overreact to government deficits.
|
|
The Clinton administration closed those deficits with a mix of tax hikes and spending restraint.
|
|
Do they cause attention deficits, mood problems, or delays in reading or problem-solving ability?
|
|
The city's hospital system has been under severe financial strain and running deficits for years.
|
|
The scale of the operating budget deficits the M.T.A. and other agencies face is unprecedented.
|
|
The scale of the operating budget deficits the M.T.A. and other agencies face is unprecedented.
|
|
Confronting chronic strikes, soaring inflation, high unemployment and trade deficits, Mr. Hawke revolutionized the economy.
|
|
You may remember a time when Republicans pretended to care about the debt and deficits.
|
|
The new government confronted huge budget deficits along with extraordinary demands for housing and electricity.
|
|
Now, the budget office forecasts that deficits will total $10.1 trillion over the next decade.
|
|
Completed in November, the program was designed to reduce Egypt's budget and current account deficits.
|
|
The Congressional Budget Office sees low interest rates, slow growth and big deficits through 2029.
|
|
Mr. Stockman said both political parties had grown comfortable with running large annual budget deficits.
|
|
Analysts said about 60 percent of U.S. deficits are funded by foreign countries or entities.
|
|
N.F.L. results: The Vikings, the 49ers and the Patriots all overcame double-digit point deficits.
|
|
The economy already is near full employment, but deficits are running at 4.2% of GDP.
|
|
Second, the bill responds to large government debt with more than $220006 trillion of deficits.
|
|
So we think this tax plan will cut down the deficits by a trillion dollars.
|
|
Even given the tax cut, the long run driver of deficits continues to be overspending.
|
|
As deficits have swelled, so has the national debt, which is now at $23.2 trillion.
|
|
The cost of those deficits and debts are already a drag on the national economy.
|
|
"We're going to have larger deficits which we're going to print money for," Dalio said.
|
|
Higher spending, coupled with tax cuts enacted in 2017, are contributing to widening budget deficits.
|
|
I'm not one of those who would say that deficits can never play a role.
|
|
The threat of budget deficits to interest rates and our nation's future prosperity comes later.
|
|
The burgeoning twin deficits beg the question: Who will pay for all of this spending?
|
|
"We cannot afford to only care about deficits when there's a Democratic president," Neal said.
|
|
The nation will plunge into higher deficits and a larger gap between rich and poor.
|
|
Massive deficits -- the price, today, of Republican voodoo economics -- will haunt our present and future.
|
|
But these successes are counterbalanced, and indeed outweighed, by wide deficits that must be tackled.
|
|
Without spending reforms, deficits will continue to grow, requiring even higher taxes in the future.
|
|
During the same interval, government deficits increased from 1.6 percent of GDP to 5.0 percent.
|
|
We're running $1 trillion annual deficits and we cannot continue to spend ourselves into ruin.
|
|
South Africa relies on foreign money to cover its large budget and current account deficits.
|
|
Both countries have large external financing needs and current account deficits, but with key distinctions.
|
|
Sure, trade deficits sound bad, but how bad are they compared to losing your job?
|
|
Republicans say that entitlement programs, not tax cuts, are the main reason for growing deficits.
|
|
But the museum ran multimillion-dollar deficits, raided its endowment, and nearly collapsed in 2008.
|
|
The administration's antipathy toward China sometimes seems driven by an irrational anger over trade deficits.
|
|
Most of this deficit is driven by the escalating Social Security and Medicare system deficits.
|
|
"A quick passage of all tax reforms should help to secure funding for infrastructure projects, lift economic growth potential, but increases current account and fiscal deficits," analysts from Citi said, adding that a rebound in growth could help to keep those deficits in check.
|
|
Growing deficits Michael Stritch, chief investment officer with BMO Wealth Management, says his clients are mostly concerned that ballooning government deficits may eventually force painful cuts in other areas and lead to political turmoil, even at a time of record corporate profits and low unemployment.
|
|
It would be fanciful to think, as the Trump administration seems to do, that these budget deficits will not lead to a widening in the U.S. external current account deficit or that these deficits can be financed indefinitely without a dollar crisis at some point.
|
|
But an additional sticking point emerged in the form of how to guard against ballooning budget deficits, with Republicans discussing whether automatic spending cuts could be put in place to ensure that deficits do not soar if the expected economic growth does not materialize.
|
|
"If there's some plan to address deficits, it's very different than if there's not," he says.
|
|
No wonder our research suggests that big trade deficits are associated with higher employment, not less.
|
|
Failure to tackle large twin deficits in CEMAC members could lead to further falls in reserves.
|
|
Pakistan has ballooning current and fiscal account deficits and has seen repeated devaluations of the rupee.
|
|
The Trump administration has proposed dramatic cuts to spending in several government agencies to reduce deficits.
|
|
How do you design a treatment when you don't know what those specific deficits will be?
|
|
EU rules state that member countries should work to bring down their deficits and debt piles.
|
|
We currently expect small deficits of 0.3% and 0.1% of GDP in 2017 and 2018, respectively.
|
|
Recently, the Wall Street Journal reported Trump plans to change the way trade deficits are calculated.
|
|
South Africa depends on foreign investment to finance its big budget and balance of payments deficits.
|
|
Any program that increases budget deficits is "something a lot of us will resist," said Sen.
|
|
Whatever the candidate's personal deficits, it's good to know that Cruz and his family have coverage.
|
|
Both had run large deficits on the current account, a broad measure of the trade balance.
|
|
Firms with large pension deficits include former nationalised industries such as British Airways and BAE Systems.
|
|
He railed against the trade deficits the U.S. had amassed with Japan and other trade partners.
|
|
Mr Trump is obsessed with America's trade deficits, and one of its largest is with Japan.
|
|
"Now we have Republicans hand in hand with Democrats offering us trillion-dollar deficits," Paul said.
|
|
An independent poll showed Baker and Jealous with double-digit deficits in potential matchups against Hogan.
|
|
Recent polls show bad deficits in Virginia, Pennsylvania and Colorado—states considered important for Mr Trump.
|
|
Other times, rainfall deficits in June were fully offset by a week of raining in July.
|
|
Northern Europe has, in effect, been funding the deficits of the South; that cannot continue indefinitely.
|
|
But adding more vegetable protein was linked to fewer deficits by the end of the study.
|
|
The government has financed its huge deficits by printing money and eating up its foreign reserves.
|
|
There are arguments to be made against higher deficits when economies weaken and inflation is low.
|
|
A delayed recovery, inflation and large fiscal deficits represent key policy challenges for the Macri administration.
|
|
This would make oil imports more expensive and is likely to lead to wider trade deficits.
|
|
If a country is persistently running current-account surpluses, its currency is probably undervalued; deficits, overvalued.
|
|
If I was to live and avoid terrible deficits, I would have to have urgent surgery.
|
|
Ireland, Portugal and Spain ran current-account deficits before the crisis, but are now running surpluses.
|
|
Debt might nonetheless rise if annual deficits are sufficiently large, as they are in America now.
|
|
Bilateral trade deficits do not mean much, especially in an age when supply chains are global.
|
|
Yet others point to massive deficits coming from higher spending on entitlements as the population ages.
|
|
The ECB has also helped the euro area's considerable improvements in budget deficits and public debt.
|
|
It's when the subject isn't a person that the deficits of the software come into focus.
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Fiscal 2017 also marked the 16th straight year of deficits for the nation's sixth-largest state.
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"Our model takes the additional deficits that are created by any plan into account," he said.
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"Our model takes the additional deficits that are created by any plan into account," Smetters said.
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Republican tax cuts and spending increases backed by both parties have contributed to the widening deficits.
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The 12-month sum of fiscal deficits has been on a widening trend since early 2016.
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Both Italy and France are looking to post higher budget deficits next year than originally promised.
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This has a direct impact on pension deficits, by increasing the value of future pension liabilities.
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We're an easy [tax] target for governments who are trying to deal with deficits and budgets.
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To Trump, in a practical sense, that amounts to a focus on reducing bilateral trade deficits.
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India's famously problematic twin deficits – the fiscal shortfall and the current account gap – are under control.
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In 2013, many of these markets were funding deficits with foreign capital and dollar-denominated debt.
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With the exception of the late 1990s and early in 2000, we've had deficits ever since.
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The country is fighting record deficits and introducing reforms to ride out the low-price environment.
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Instead, Paul couches his opposition in principled terms — bringing it back to deficits or the Constitution.
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Here are some suggestions: First, give up on the obsession with bilateral trade deficits and surpluses.
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For years, populist governments printed money to finance wide budget deficits, causing consumer prices to spike.
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Bilateral trade deficits are not the correct measure of success or failure for trade deals, however.
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The deficits must be seen as financed by future inflation, not future taxes or spending cuts.
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But the administration is already projecting huge deficits above $1 trillion over the next four years.
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"I don't wake up at night worrying about deficits," said Howard Lober, chairman of Douglas Elliman.
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The report said the plan would reduce federal deficits by $337 billion from 2017 through 2026.
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And yet, even as it gets more and more of our money, the deficits keep growing.
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Reforms are needed to bring down twin deficits and reduce the reliance on central bank operations.
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Each of the last three Republican presidents left office with higher deficits than he started with.
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Both teams rallied from late deficits to take a 5-5 tie into the ninth inning.
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Pistons 103, Magic 96 Detroit overcame two double-digit deficits to earn a victory at Orlando.
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The CBO also found the bill would reduce deficits by $321 billion over the next decade.
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All suffer from weak macro policy, high foreign exchange corporate indebtedness and significant current account deficits.
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American public-sector pension deficits are more than $1 trillion, even on the most generous assumptions.
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Oman is able to fund its fiscal and external deficits from a diverse range of sources.
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The Trump administration remains fixated on trade and the notion that deficits in products are everything.
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Some lawmakers have also expressed concerns about the potential budget deficits generated by the tax cuts.
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Just as the average American has "trade" deficits with the food store, medical practitioners, restaurants, etc.
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But another reason is Oman's fiscal and external deficits, and its modest progress in taming them.
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Trade agreements and trade deficits Blame features prominently in a lot of Trump's foreign policy, too.
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Health officials pointed to funding deficits, which cause cutbacks for disease prevention and sex education programs.
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Bilateral trade deficits are particularly irrelevant, but even the overall trade deficit is not very important.
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Large budget deficits first became fashionable in the 230s, when they helped end the Great Depression.
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Ordinarily, high deficits are the result of a recession or a war, but not this time.
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However, he must reconcile that ambition with the need to contain spending and avoid budget deficits.
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It might chuck growth-throttling tax rises and dangerously high deficits into the bargain as well.
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Huge budget deficits can erode confidence in a state's fiscal discipline, causing the currency to weaken.
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Decades of evolution have produced overlapping but disparate Republican segments whose priorities consistently drive deficits up.
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The cytomegalovirus, or CMV, can cause hearing and vision loss, microcephaly and intellectual deficits in fetuses.
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What worries me about the deficits we're running today is not their size but their nature.
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Because she herself is a doctor, Danelle knows what that means: Severe mental deficits are possible.
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The combination of that bill and December's tax-cut legislation is causing budget deficits to soar.
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The tool, designed to appease senators concerned about deficits, has sparked resistance from several GOP senators.
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But he ascribes the Trump prosperity to high budget deficits and easy money Federal Reserve policy.
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He said a trigger mechanism to curb future budget deficits could help to win his vote.
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Both have been slammed this month by a mix problematic politics, high deficits and higher inflation.
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"The United States has suffered massive trade deficits with Japan for over 70 years," Trump said.
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Alternatively, fiscal deficits could be increased so much that prices start to rise throughout the economy.
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Research has shown that some people who have been violent have deficits in the prefrontal cortex.
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But at a time of increasing unemployment and crushing budget deficits, Brazil's magnanimity has its limits.
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" Rattner claims that Laffer "unleashed nearly four decades of mostly runaway deficits and exploding national debt.
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In the years since the earmark ban, federal deficits have ballooned along with the overall debt.
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