Beeplog.de - Kostenlose Blogs Hier kostenloses Blog erstellen    Nächstes Blog   


    xhai18
 

Du befindest dich in der Kategorie: Allgemeines

Mittwoch, 21. September 2011

IMF: U.S. Needs More Revenue, Spending Cuts For Credible Debt Reduction
Von xhai18, 10:38

 

(Rachelle Younglai) - Any effort by the United States to pare its buy uggs massive public debt without bringing in more revenue and tackling expensive benefit programs will lack credibility, the International Monetary Fund said on women ugg boots Tuesday. To show U.S. creditors and markets the government is serious about reining in the country's $14.7 trillion debt, the IMF said so-called cheapest ugg boots entitlement programs, such as the Social Security retirement program, must be reformed. U.S. credibility "could suddenly weaken if sufficiently detailed and ambitious ugg boots for sale plans to reduce deficits and debts cheap uggs are not forthcoming," uggs boots on sale the fund said. The IMF said current low U.S. interest rates reflect the significant goodwill the United States has earned from investors even though there are buy ugg fundamental weaknesses in the country's fiscal situation, suggesting Washington could see a reversal of fortune unless it puts a credible deficit reduction plan in place. Conventional fiscal indicators such as deficits and debt ugg boot sale ratios are no better for the United States than in many European ugg uk sale countries that currently ugg boots for cheap face significant market pressure, the ugg for sale fund said. A special committee of U.S. lawmakers is uggs for sale grappling with how to cut at least $1.2 trillion from ugg boots online deficits over the next 10 years. The committee must come to agreement by late November cheap ugg boot or else deep spending cuts to ugg on sale domestic and military programs will ugg boots uk sale automatically kick in. The Obama administration would count on tax revenues for about half of its proposed budget ugg boots on sale savings. The plan, which needs congressional approval to become law, uggs on sale includes a minimum tax rate for people earning more than $1 million a year, a proposal that has drawn heavy fire from Republicans. The IMF's fiscal affairs director, Carlo Cottarelli, did not condone the proposal but said that it was a legitimate tax policy goal "to make uggs boot sale sure that the burden of taxation is distributed fairly." "Any credible strategy will need to include entitlement reforms and higher revenues. Widening tax bases by phasing out tax expenditures would be a good place to start," it added. The Obama administration on Monday unveiled a $3.6 trillion deficit reduction plan that steers clear of Social Security and does not make structural reforms to the Medicare health care program for the elderly. At the same time, Republicans in Congress have ugg boot outlet made clear that they would oppose any plan that raises taxes. The IMF said current low U.S. interest rates reflect the significant goodwill uggs boots sale the uggs for women United States has earned from investors even though there are fundamental weaknesses in the country's fiscal uggs for cheap situation, suggesting Washington could ugg outlet store see a reversal of fortune cheap ugg boots unless it puts a credible deficit reduction plan in place. Conventional fiscal indicators such as deficits and debt ratios are no better for the United States than in many European countries that currently face ugg boots for men significant market pressure, the fund said. A special committee of U.S. buy ugg boots lawmakers is grappling with how to cut at least $1.2 trillion from deficits over the next 10 years. ugg boots sale The committee must come cheap ugg to agreement by late November or else deep spending cuts to domestic and military programs will automatically kick in. The Obama administration would count on tax revenues for about half of its ugg boots for women proposed budget savings. The plan, which needs congressional ugg boots women approval to become law, includes a minimum tax rate ugg boots cheap for people earning more than $1 million a year, a proposal that has drawn heavy fire from Republicans. The IMF's fiscal affairs director, Carlo Cottarelli, did not uggs boots sale condone the proposal but said that it was a legitimate tax policy goal "to make sure that the burden of taxation is distributed fairly."

http://www.globaltestsite.net/index.php?do=/public/blog/view/id_209241/title_strategic-defaults/

http://www.funnytv.eu/read_blog/2002/strategic-defaults

http://show-me-how.com/read_blog/1611/strategic-defaults

http://fansitesmedia.com/read_blog/2845/the-new-face-of-foreclosure:-strategic-defaults

http://www.claratube.net/read_blog/2677/the-new-face-of-foreclosure:-strategic-defaults

http://www.comedyshorts.tv/read_blog/1556/strategic-defaults

http://recession.tv/read_blog/2126/strategic-defaults

http://eyeonvirginia.com/read_blog/5180/strategic-defaults

http://eyeonvirginia.com/read_blog/5173/chuck-schumer:-buffett-rule-should-be-brought-to-a-vote

[Kommentare (3) | Kommentar erstellen | Permalink]




Kostenloses Blog bei Beeplog.de

Die auf Weblogs sichtbaren Daten und Inhalte stammen von
Privatpersonen. Beepworld ist hierfür nicht verantwortlich.

 


Navigation
 · Startseite

Login / Verwaltung
 · Anmelden!

Kalender
« Juni, 2026 »
Mo Di Mi Do Fr Sa So
1234567
891011121314
15161718192021
22232425262728
2930     

Kategorien
 · Alle Einträge
 · Allgemeines (19)

Links
 · Kostenloses Blog

RSS Feed