Sentence examples for default government from inspiring English sources

He rejects increased default government spending in favour of providing opportunities, to individuals, communities and business.

As Henry J Aaron, a senior fellow at the Brookings Institution said to me: "The Republicans have made clear that every time the debt ceiling has to be increased, they will demand more spending cuts and, if they don't get them, they will threaten default, government closure, or whatever.

Second, a defaulting government will find it hard to regain access to international capital markets.

First, they can hassle a defaulting government by taking it to (a foreign) court.

Defaulting governments have sometimes required companies to default as well, as a way of protecting dwindling foreign currency reserves at a time of crisis.

As yet there has been no default on government or commercial hard-currency borrowings.

This outcome would be satisfactory to no one but better than the alternatives of bond default or government shutdown.

Investors embraced signs of a political compromise that could avert a default on government debt, sending stocks surging on Thursday.

Almost by default, the government has adopted a holding position while it, and Tata, seek private buyers.

If it judges that a "credit event" has taken place, then payouts will be triggered on credit-default swaps (CDSs), insurance contracts against default on government bonds.

In short, if Goldman were to default, the government would pay off its investors.