Sentence examples for implicit liabilities from inspiring English sources

Administration officials plead that this would simply be an accounting change turning implicit liabilities (promises to pay future pensions) into explicit liabilities (government bonds).

Last month, when Standard & Poor's reduced Malta's bond rating by a notch, to BBB+, the ratings agency cited the implicit liabilities of government guarantees.

The catch is that these and other official projections omit the federal government's implicit liabilities -- not its official debt, financed by selling bonds, but the gap between the anticipated costs and the anticipated revenues of Medicare, Medicaid and Social Security.

America is already running a budget deficit of almost 4% of GDP and the dollar is sliding.The simplest way to reduce those implicit liabilities is to reduce the promised benefits.

Our feasible reform achieves appreciable increases in the labor supply and sizable reductions in the implicit liabilities of the pension system.

Second, a hard landing in the economy and in investment would lead to a sharp increase in non-performing loans of the still mostly public state banks; the implicit liabilities from a serious banking problem would then add to the budget deficits and public debt.

This implicit liability arises mainly from future increases in spending on pensions and health care.

The bigger the accounts, the greater the borrowing.Advocates of individual accounts point out that this borrowing is simply turning an implicit liability (the government's promise to pay future pensions to workers) into an explicit liability (increased government borrowing today).

Finally, the implicit liability for the unemployed is: PC^{U}_{N-1}(pi,hat{w},h)= b(pi,h),A^{N-1}_{N-1,,60}+ S_{N-1}(N ,P{C^{R}_{N}}(hat{w}') At earlier ages t

Once government takes on the direct or implicit liability of paying for health care for everyone, the only way to afford it is through raw political control of all medical decisions.

The government is merely reducing its implicit future liabilities and increasing its explicit current liabilities.