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The chancellor initially hoped to eliminate the structural deficit - the portion of borrowing which is not affected by changes in the economic cycle - entirely by 2014-15.
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Take the cost of borrowing dollars.
Cost of borrowing.
Compare that to the cost of borrowing.
Many guardians spoke of borrowing money to cover medical expenses.
But China now finances a much smaller portion of American borrowing than a year ago.
They allow municipalities to sell taxable bonds for capital projects while receiving a rebate from the federal government for a portion of their borrowing costs.
One of the prosecutors, John Markham, said those loans represented "just a very small portion of unrepaid borrowing".
For starters, customer expectations will evolve as the millennial generation increasingly accounts for a larger portion of earning, spending, borrowing, saving and investing.
"This Republican ploy selects almost $100 billion of favored tax provisions to benefit a small portion of taxpayers by borrowing more money from abroad," Rep. Lloyd Doggett (D-Texas) told The Huffington Post as the hearing wound down.
This excludes the portion of the debt borrowed from government funds, like Social Security.
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CEO of Professional Science Editing for Scientists @ prosciediting.com