Federal Budget Deficit Already 12% Ahead of Last Year
Expert warns there’s no end in sight to federal spending
Tag: deficit
Expert Warns: America’s Fiscal Condition Circling Drain as Federal Deficit Surges
Federal Budget Deficit Biggest in Seven Years
Out of Control Spending, Spiraling Deficits Horrifying Experts
2019 deficit surpasses $1 trillion
Federal Budget Deficit Already Above 2018 Number
Surge most incredible growth in peacetime spending ever
Government Running Biggest Budget Deficit in History
May total largest ever
Federal Gov Just Ran Largest Deficit Ever
All-time record deficit of $234 billion reached in February
Gov Runs Record $205 Billion Deficit in One Month
Large levels of debt bad for economic growth
Osborne urges Labour MPs to back discredited fiscal charter
”Chancellor George Osborne has called on Labour MPs to defy their newly-elected leader Jeremy Corbyn and vote in favor of a harsh new fiscal charter, which economists have described as ‘ridiculous’ and ‘incoherent.’ Osborne on Wednesday asked “moderate, progressive Labour MPs” to back the legislation, which seeks to force future government to run a budget […]
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Osborne’s austerity agenda fails to reduce deficit, ONS figures show
‘UK government borrowing increased in August, despite Chancellor George Osborne’s repeated promises that austerity is the most viable means of reducing the state’s deficit. In the face of scathing criticism, Osborne has consistently claimed the government’s austerity policies are necessary to keep the deficit in order. However, doubt over the credibility of his claims surfaced […]
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The deficit is just a smokescreen for a Tory attack on the state, former civil service head says
‘The Conservatives’ argument that spending cuts need to be made to reduce government debt is a “smokescreen” for their real mission to shrink the size of the state, the former head of the civil service has said. Lord Turnbull, who also served as permanent secretary at the Treasury and principal private secretary to Margaret Thatcher, […]
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In blow to George Osborne, International Monetary Fund says Britain will still be in deficit in 2020
‘Who ever is elected on 7 May, his or her goverment will fail to balance the books before the end of the decade, according to the International Monetary Fund (IMF) The organisation said “uncertainties” surrounding […]
Interest bill on UK’s £1.27 trillion debt to hit £1bn a week
‘Britain’s huge debt interest bill remains on course to hit £1bn a week this year, after official data showed the Goverment borrowed £3bn more in April than forecast by analysts. Public sector net borrowing excluding […]