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Don't be silly: payroll tax receipts are being used neither to acquire assets nor to pay down federal debt; instead, they are subsidizing deficits in the rest of the government.
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Western governments had refused to continue subsidizing Palestinian budget deficits unless all government revenues and expenditures were consolidated into a single "transparent" budget account, he said.
The problem is that its current economic weakness is only fanning Germany's biggest fear, which is that it will, in effect, end up subsidizing Greece's deficits forever.
This is because, until the new plans are implemented, the community's resources must be used merely to buy time by subsidizing Detroit's deficits.
Any surpluses are "loaned" to Uncle Sam at below-market interest rates to subsidize the deficit.
We specify an analytical model in which the government may not fully cover the firm's deficit from subsidizing poor households.
"With the federal debt and deficit we have, to be subsidizing millionaire farmers makes absolutely no sense," he said.
Now that President Bush's reductions in corporate and income taxes have led to budget deficits, how will the federal government continue subsidizing America's wealthiest companies?
"We cannot go on having a deficit that's unfunded, or the city subsidizing something it doesn't have the money to do," the mayor said.
Football economist Tor Geir Kvinen stated that Sparebanken Sør had by then spent NOK 200 million on subsidizing Start and that in reality the municipality and bank were funding the repeated deficits in the club.
Now, however, with Spain in an economic crisis that has made cutting the public deficit an imperative, managing the "water bubble," as many refer to the financial hole created by heavily subsidizing water, is an urgent task.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com