Summary: The budget deficit
of the GCC countries will drop by one-third this year, due to reforms and revenue measures taken by the governments, according to a note released by Emirates NBD Research.
federal budget deficit
is running slightly lower than last year through the first six months of the government's fiscal year, but it still is on track to top $1 trillion for a fourth consecutive year.
The Office of Management and Budget, an arm of the White House, slightly cut its estimate of the budget deficit
for fiscal 2010 through Sept.
77 percent of GDP and that was the second lowest budget deficit
The budget deficit
will soar well over 4% of gross domestic product (GDP) in 2010 which will breach European Union rules," said Peer Steinbrueck, German Finance Minister.
Fueling the current account deficit is the Federal budget deficit
, which, while down from 3.
Muroc has had budget deficits
for the past five years, a not-uncommon fiscal condition because 522 districts, more than half of the districts in the state, are deficit spending, Summerbell said.
Second, is the sustainability of budget deficits
robust to structural breaks and/or shifts in fiscal policy regimes?
set off all sorts of economic reactions.
However, the profits to be generated will help offset general budget deficits
and can be used for education.
The nonpartisan Congressional Budget Office (CBO) announced on August 26th that the fiscal year 2004 federal budget deficit
will be an estimated $480 billion, and that deficits could total $5 trillion over the next 10 years.
Your work has contributed importantly to shrinking the budget deficit
and bringing surpluses within sight.
Although there is a rich literature on the interest-rate impact of federal budget deficits
[3; 4; 6; 7; 10; I 1; 13; 15; 16; 17; 18], none of the published research has investigated the impact of the budget deficit
on interest rate measures directly faced by S&Ls, such as the cost of funds to the S&Ls, the yield on new home mortgages at S&Ls, or the S&L mortgage portfolio yield.
And Peter Kilborn, an economics correspondent for The New York Times, regularly suggests that budget deficits
are either going away or don't matter anyway.
Examples of this are massive government budget deficits
that are financed mainly by debt; the increasing use of leverage by corporations, exacerbated by the move towards leveraged buyouts; and the overuse of credit by individuals.