Word: deficit
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...income of the U.K. Even excluding them, Brown is almost certain to break one of his own cardinal rules by failing to keep the total debt level below 40% of national income. Carl Emmerson, deputy director of the Institute for Fiscal Studies in London, estimates that Britain's budget deficit for the current fiscal year will likely grow from the government's planned 2.8% of GDP to about...
...problem of ballooning debt and deficits is the same elsewhere in Europe, especially in France, where the budget deficit was already perilously high before the financial meltdown. The consequences are that the E.U.'s rules stipulating that budget deficits shouldn't exceed 3% of GDP and that debt shouldn't go over 60% are about to be consigned to the trash heap - at least temporarily. "Fiscal rules are going to have to be abandoned," says Buckley of Deutsche Bank. The E.U. commission, which is the keeper of those rules, has already given its green light. "The existence of exceptional circumstances...
...such thing as ‘too mean’. And hey, not to sass back here, but since when did mistrust of everything ain’t white become a party plank for us?” “Probably about the same time trillion-dollar deficit spending and torture did. Let me ask you: When has the miscegenation card not worked? Bang that drum: Have you seen these crowds Sarah’s been drawing? Talk about fired up.” “Listen, lynch-mob fired-up is not the same as Rock...
...months in jail and a $500 fine, are a waste of state resources. According to a study by Harvard professor of economics Jeffrey A. Miron, the measure could save the state almost $30 million each year—money that could go toward reducing the budget deficit or toward improving our schools. This is also a victory for privacy. Keeping these charges from being permanently recorded in CORI will prevent youthful use of marijuana from coming back to haunt people later in life. Such violations have nothing to do with an individual’s competence in a specific...
...poor results continued the next day in New Haven, as did McKinley’s sparkling statistics, when after managing to erase a two-game deficit, the Crimson fell to the Bulldogs...