US EditionRepublicans Suddenly Silent on Deficit
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8 Articles
Republicans suddenly silent on deficit
One of the things Republicans often say they care about, at least during Democratic administrations, is the budget deficit. Given that our nation has added $1 trillion to the national debt in the last two months, driving it from $37 trillion to $38 trillion, their sudden silence on the subject is odd. This is partly […]
The latest figures from the federal states make the Ministry of Finance shrill the alarm bells. The hole in the state treasury is getting bigger and bigger. Above all, the massive debts of the city of Vienna are worrying.
The government finances are even worse than expected: the forecast deficit of 4.5 percent is clearly exceeded – a historic low point! As the "Krone" has learned, the deficit will grow to minus 4.9 percent. This is about two billion euros more than predicted. According to the "Krone" the main responsibility for the negative development is the capital, which writes a deficit of fabulous 14 percent. With a budget of 23 billion euros, Vienna is in m…
vienna.at
Salzburger NachrichtenThe budget deficit is likely to be even higher than previously assumed. Several daily newspapers, citing updated figures from the federal states, report that the shortfall will amount to 4.9 percent of GDP, not the expected 4.5 percent. Neither the chair of the state finance ministers nor the Ministry of Finance confirmed this when contacted by the APA news agency. The Ministry, however, called on the federal states to implement more intensive f…
The budget deficit could be even higher than previously assumed. Several daily newspapers wrote on Monday, citing renewed country figures, that the deficit will be 4.9 percent of GDP and not 4.5 percent as expected. There was no confirmation of this either from the chairmanship of the state finance officers or from the Ministry of Finance. However, the ministry confirmed that the countries had sent new figures. Now they want to examine them.
VIENNA. New country forecasts make public debt grow - official confirmation for the increase from 4.5 to 4.9 percent does not exist
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