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Latest Government budget deficit Stories

2014-07-23 12:26:28

TORONTO, July 23, 2014 /CNW/ - Ontario should not delay fiscal consolidation, while Ottawa should take a more gradual approach than planned, according to a report from the C.D. Howe Institute. In "User Discretion Advised: Fiscal Consolidation and the Recovery," author William Scarth calls on the Ontario provincial government to address its long-term sustainability challenges before it embarks on any major new expenditures, while stating that the federal government should delay its...

2014-04-01 20:21:46

WASHINGTON, April 1, 2014 /PRNewswire-USNewswire/ -- The Concord Coalition today welcomed the budget proposal from House Budget Committee Chairman Paul Ryan but expressed concern that it does not represent a realistic blueprint for making progress on a fiscal sustainability plan. "It is the statutory duty of the House and Senate Budget Committees to produce a budget," said Robert L. Bixby, Concord's executive director. "Chairman Ryan thus deserves credit for following 'regular...

2014-02-04 16:28:16

WASHINGTON, Feb. 4, 2014 /PRNewswire-USNewswire/ -- Although the federal deficit is currently dropping, The Concord Coalition said today that new projections by the Congressional Budget Office (CBO) show that Washington cannot afford to put fiscal reform on the back burner. The CBO's Budget and Economic Outlook, released this morning, estimates that budget deficits will add $7.9 trillion to the federal debt in the coming decade as Washington struggles with high health care spending,...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'