#Fiscal Deficit

[uboat53]

Ah, the old game where Republicans scream and yell against any type of disaster aid… unless it's for them.

Why don't we make a new rule? How about we just do disaster aid and get people out of trouble. It's not a huge driver of the deficit and Republicans can pretend to be deficit hawks when people's lives aren't on the line.

#politics #us politics #republicans #fiscal deficit #deficit hawks #hypocrisy #florida #disaster aid #ron desantis

[notayesmanseconomics]

There are warning signs about the US fiscal position and the national debt

Today a story which was all the rage around 6 months ago has come back to the surface as the Financial Times has led with this. The US faces a Liz Truss-style market shock if the government ignores the country’s ballooning federal debt, the head of Congress’s independent fiscal watchdog has warned. To be fair to the head of the Congressional Budget Office he knew how to trigger the Financial…

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#business #Economics #economy #Federal Reserve swap lines #Finance #Fiscal Deficit #GDP #Interest Rates #national debt #President Joe Biden #QE #Treasury Secretary Yellen #US bond yields #US Federal Reserve

[authne]

India's Debt: Not Risky as China's, But rather Still a Concern

India’s debt is a complicated issue with a long history. The country’s debt-to-Gross domestic product proportion has been on a consistent ascent lately, and presently remains at 81.9%. This is like China’s debt-to-Gross domestic product proportion of 83%. In any case, the dangers related with India’s debt are not so perfect as China’s. India has a more youthful populace and a higher development…

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#Debt sustainability #Debt-to-GDP ratio #External debt #Fiscal deficit #Government borrowing #India&039;s debt #Public debt

[moderat50]

IRS going after wealthy

Republicans not happy. IRS auditing wealthy using the additional funding.and catching tax cheats.

#democrats #election #republicans #donald trump #christianity #biden economy #Biden #tax evasion #wealthy #loopholes #income tax #investing #fiscal deficit #budget deficits #ron desantis #finance #elonmusk

[carlocarrasco]

Oxford Economics says Philippine economic growth will slow down to 4.1% this year

For Oxford Economics, the economy of the Philippines will achieve continued growth in 2023 but with a notable slow down to 4.1%, according to a BusinessWorld news report. Oxford Economics mentioned in its statement factors like the global economy entering recession, inflation and the lack of impact from China’s reopening. To put things in perspective, posted below is the excerpt from the…

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#business #business news #businesses #BusinessWorld #Carlo Carrasco #COVID-19 #COVID-19 Crisis #debt #economic dynamism #economic growth #economic recovery #economics #economy #finance #fiscal deficit #governance #gross domestic product (GDP) #jobs #journalism #money #Oxford Economics #Philippines #Philippines blog #public service #WordPress #WordPress.com

[toogalaxyflower]

FG records N524.25bn fiscal deficit in one month

FG records N524.25bn fiscal deficit in one month

The Federal Government recorded N524.25bn fiscal deficit in May, from N643.09bn in April. This was obtained from the Central Bank of Nigeria’s monthly economic report on fiscal sector development. It stated that, “The disproportionate reduction in expenditure and revenue outcomes resulted in a contraction in the overall fiscal deficit, during the period. “Following the 14.0 per cent decline in…

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#FISCAL DEFICIT

[shivamex]

Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.

The usual goals of both fiscal and monetary policy are to achieve or maintain full employment, to achieve or maintain a high rate of economic growth, and to stabilize prices and wages.

#fiscal deficit #fiscal policy

[freshvinculum2]

#limit power #convention of states #founding fathers #self governance #article v #deficit #fiscal restraint #Instagram

[kesarijournal]

Money, Myths, and the Modern World: Unraveling the Economic Tapestry from a Modern Monetary Theory Lens

**Welcome to the Grand Economic Theater!**Picture the global economy as a grand stage, where the U.S., Australia, and China play the leading roles, each grappling with their own economic scripts. But what if the script they’re reading from is due for a rewrite? Enter Modern Monetary Theory (MMT) – the understudy that’s been waiting in the wings, ready to challenge the status quo. Let’s embark on…

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#2023 #Central Banks #China&039;s economic policy #deficit spending #economic analysis #economic commentary #economic growth #economic management #economic outlook #economic strategy #economic trends #financial markets #financial stability #Fiscal Policy #global economy #government debt #inflation control #inflation targeting #interest rate decisions #investment strategy #macroeconomics #MMT #Modern Monetary Theory #Monetary Policy #policy review #RBA #Reserve-Bank-of-Australia #U.S. Federal Reserve #Unemployment

[ortoysangre]

#deficit fiscal

[laivinduroriginal]

BNR: Măsurile fiscale adoptate de Guvernul Ciolacu vor crește inflaţia. Impactul va fi „relativ modest şi tranzitoriu”

Majorarea şi introducerea la începutul anului viitor a unor taxe şi impozite indirecte, în scopul consolidării bugetare, al căror impact va fi inflaţionist – deşi relativ modest şi tranzitoriu -, va ridica pe termen scurt traiectoria descrescătoare a ratei anuale a inflaţiei peste cea evidenţiată în prognoza din luna august, se arată în Minuta şedinţei de politică monetară a Consiliului de…

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#bnr #crestere inflatie #deficit bugetar #guvern #inflatie #marcel ciolacu #masuri fiscale #stiri din galati #stiri galati

[financeprozone]

Massive £3.5K Tax Hike Looms for UK! Shocking IFS Report!

UK households are bracing for a substantial tax hike, with an average increase of £3,500 per year anticipated by the next election, marking the most significant fiscal burden over a parliamentary term in over seven decades, according to the Institute for Fiscal Studies (IFS), the country’s foremost economic think tank.

For more visit: financeprozone.com -

#Budget Deficit #Economic Analysis #Economic Consequences #Economic Projections #Financial news #Financial Outlook #Fiscal Policy #Government Budget #Government Spending #IFS Report #Income Tax #Personal Finance #Public Finances #Revenue Forecast #Tax Burden #Tax Impact #Taxation Changes #Taxation Trends #UK Tax Hike

[thenewdemocratus]

The Globalist: Bill Hunphrey: The Problem With Billionaires

The Globalist: Opinion: Bill Humphrey: The Problem With Billionaires The New Democrat This idea that what America needs to do is just tax the hell out of millionaires and billionaires and use that money to spend more on War on Poverty programs to help the poor, as if fifty-years later that has worked very well, because the ultra-right as Bill Humphrey likes to say, has so much money that they…

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#American Capitalism #American Economy #Bill Humphrey #Billionaires #Budget Deficit #Economic Growth #Fiscal Policy #Job Growth #National Debt #Socialism #Socialists #Tax And Spend #Tax The Rich #Welfare State

[buindia]

Find Out About Deficit Budgeting and Its Effects and More

When government expenditure exceeds its income, which includes fees, taxes, and investment returns, there is a federal deficit budgeting.

Read More...

#deficit budgeting #what is budget deficit #fiscal deficit can be reduced by

[shivamex]

Deficit financing means generating funds to finance the deficit which results from excess of expenditure over revenue. The gap being covered by borrowing from the public by the sale of bonds or by printing new money.

In developing economies the main objective of deficit financing is to remove the vital issue such as unemployment, poverty and income inequality.

It increases the financial strength of the government. It leads to inflation which can prove to be beneficial under certain circumstances. It can have a multiplier effect on economic development as it encourages the government to utilize unemployed and underemployed resources.

#fiscal deficit #deficit financing

[publictaknews]

India will face challenges in meeting fiscal deficit target: Report

India may find it challenging to meet the fiscal deficit target of 4.5% of GDP in 2025-26, an analyst at Fitch Ratings said on Wednesday, adding that the country’s sovereign rating remains stable. Read here: Why Budget 2023-2024 Passes BJP’s Political Test Fitch has assigned a BBB- rating to India with a ‘stable’ outlook. “Essentially, this (fiscal glidepath) implies further consolidation of…

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#challenges #deficit #face #fiscal #India #meeting #Report #target