Sentence examples for reaching a surplus from inspiring English sources

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.

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

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.

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.

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.

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.

Labour has a looser target - the shadow chancellor Ed Balls wants to reach a surplus not including capital spending by the end of the next Parliament, and to get debt falling before 2020.

The current account was expected to reach a surplus of 2.1% of GDP in 2012-13, and the net fiscal balance (after payments to Iran's National Development Fund) will register a surplus of 0.3% of GDP.

The current bailout terms envisage Greece reaching a budget surplus of 3.5% of GDP.