Sentence examples for commonwealth debt from inspiring English sources

They also warn that the commonwealth debt levels are projected to reach recent historical highs, both on a gross and net basis.

He promised the government would deliver all its election promises and "still make an improvement to the bottom line", in reference to "[continued] progress in getting the growth in government expenditure under control and arresting the growth in commonwealth debt".

A 7% sales tax, to take effect in November, was intended to help repay the commonwealth's debt.

The finance department noted commonwealth government debt was projected to reach recent historic highs, both on a gross and net basis.

The debts are a fraction of the $5bn in principal and interest that Puerto Rico is due to pay over the next 12 months, according to an analysis of the commonwealth's debts compiled by Bloomberg.

In response, Bruce proposed that the responsibility for all government debts, Commonwealth and state, and the authority to acquire new debt, should be handed over to a National Loan Council in which all states would have one vote and the Commonwealth would have two votes and the casting vote.

"From a taxpayer and public policy maker's view we really have to ensure the capacity of the commonwealth to be a debt collector," Claydon said.

But he described deregulation as the "holy grail", saying it was a "game changer" that would allow universities to identify their strengths and pursue excellence, and urged senators to accept compromises that may include changes to the debt and commonwealth subsidy proposals.

Puerto Rico Public Buildings Authority, Commonwealth of Puerto Rico, $900 million of debt securities.

TAX EXEMPT ONE DAY DURING THE WEEK Commonwealth of Kentucky, $150 million of debt securities.

The commonwealth will default on its debt in January or May, said Puerto Rican Gov. Alejandro Garcia Padilla on Wednesday.