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Democrats say the program has reduced poverty and helped stabilize the economy, reducing the depth of the last recession.
Further cuts, they say, will only depress the economy, reducing tax revenues and making it harder to repay the debt.
When the price of fuel goes up, it acts like a tax on the economy, reducing consumers' purchasing power and raising firms' costs.
And the lack of movement itself, they said, could have an impact on the economy, reducing the economic activity generated by moves.
But what may be good for the economy, reducing the drain on government coffers, may be bad for the individuals concerned.
Once it becomes clear that the rock-bottom rates are here to stay, the same banks can be expected to cut rates throughout the economy, reducing them on credit cards, car loans and home mortgages.
Similar(34)
The actions come as lower demand and a slowing economy reduce the company's earnings outlook.
And fears over the health of the global economy reduce the chances for a supply cut.
Acceptance of the Heavily Indebted Poor Countries HIPCC) initiative had strengthened the economy, reduced inflation, and stabilized the currency.
In September, mortgage rates continued to creep down as the moderating economy reduced pressure on long-term interest rates.
Fix the economy, reduce health care costs, improve the environment, reform education, deal with rising energy costs and so on.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com