Sentence examples for reach a surplus from inspiring English sources

It also forecasts reduced federal deficits that eventually reach a surplus in 2012.

Mr. Ryan's budget would not reach a surplus for 30 years, according to the C.B.O., because he would cut taxes, largely for the rich and for corporations, by $4 trillion.

The Conservatives have the public finances on a trajectory to reach a surplus of £28bn by 2018-19, so Balls still has room to spend billions more than the Conservative plan.

Goodwin added that the government was sacrificing public investment in vital infrastructure projects and key services to reach a surplus target when Britain's long-term growth prospects show Osborne can be more relaxed.

It said this meant the forthcoming spending review would be "a lot less challenging" than it appeared to be in March, with an extra year to reach a surplus.

The pair say that even if government spending is cut from 25.8% of GDP to the long-term average of 24.9%, within 10 years, tax receipts will still have to rise from 23.9% of GDP to 24.2% to reach a surplus of 1% of GDP.

And, of course, the budget reached a surplus in 1998.

So the second story is that reaching a surplus depends on taxes being the highest, as a proportion of GDP, they have been for 30 years, and spending being the lowest it has been for 80 years.

"I worry that our single-minded determination to reach a budget surplus is betraying who we are".

Even before becoming leader, Theresa May said she would no longer seek to reach a budget surplus by 2020, abandoning Osborne's pledge to more than balance the books by the next election.

She said there would be no "emergency budget" to deal with the consequences of Brexit and promised that a Conservative government under May would no longer seek to reach a budget surplus by the end of the parliament, to avoid tax increases that might disrupt investment.