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To close the gap between expenditures and revenue, we'll likely see a combination of revenue increases and spending cuts.
As a result, anything that causes the U.S. economy to be smaller, tends to widen any gap between expenditures and revenues.
Similar(58)
"We did the business planning but it wasn't eligible for any grants from anywhere and there was too big a funding gap between expenditure and income".
Greenland's current economic situation is considered vulnerable, with few sources of income and an increasing gap between expenditure and revenue.
Finally, it is much simpler to state that there is a long run financing gap between expected expenditures and tax flows under current policy than it is to devise a different policy.
Further analyses revealed that drug price consistently lowered statin expenditures while Generic Mix (the relative gap between consumption of name-brand and generic drugs) also reduced statin expenditures.
Three companies – Thames Water, United Utilities and Bristol Water –have been given further time to review their plans owing to a "very material gap" between their expenditure projections and Ofwat's view.
2011/12 also saw a drop in the operating surplus for universities after three consistent years of the gap between their expenditure and income rising.
In 2015 Japan may only just meet a key target of reducing its primary deficit the gap between government expenditure and receipts, excluding interest payments to about 3.2% of GDP.If Abenomics eventually fails, Mr Abe's supporters will point to the tax rises of 2014 and 2015 (if the second rise goes ahead) as the chief reason.
Starting from the early 1980s, the government budget for public hospitals was fixed, and hospitals had to rely on charges to fill the gap between hospital expenditure and income from the government.
But it's hard to quibble with his basic point about Washington, yet again, failing to address the underlying gap between revenues and expenditures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com