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Ceiling in sentence

534 examples of Ceiling in a sentence

Indeed, Germany and France spearheaded the effort to make the Stability and Growth Pact more “flexible” when they could no longer comply with its 3%-of-GDP fiscal-deficit ceiling.
China’s Wake-Up Call from WashingtonNEW HAVEN – Yes, the United States dodged another bullet with a last-minute deal on the debt ceiling.
The compact sets a strict ceiling for a country’s structural budget deficit and stipulates that public-debt ratios in excess of 60% of GDP must be reduced yearly by one-twentieth of the difference between the current ratio and the target.
The supposed hardening of the debt ceiling in 2012 adhered to this model.
Another battle looms early next year, when the US government’s debt ceiling will have to be raised again.
The lack of structural reform of Europe’s labor markets, competitive practices, and so on means that European potential economic growth – its growth ceiling – is lower than it should be.
With a low growth ceiling, strong economic performance generates inflationary pressures at a relatively early stage in the growth process.
Growth pessimists have a point if they are wary about Europe’s prospects for structural reform to raise the growth ceiling.
Europe’s actual economic growth has been quite good and – thanks to low gas prices, low real interest rates, solid profits, and strong growth momentum – promises to get better before the ceiling is hit and inflationary pressures set in.
Was this the end of the “lavender ceiling”?
The lavender ceiling has been cracked, but there is nowhere in the world today where inclusiveness has been fully achieved.
The need for reform is self-evident: with structural factors accounting for 75-80% of aggregate budget deficits for the euro area in recent years, the Pact’s 3%-of-GDP ceiling for national budget deficits has been breached repeatedly since 2002.
If deficits are redefined to exclude certain expenditures, the 3% ceiling can be observed.
Others seek to broaden the definition of “exceptional circumstances” to permit the deficit ceiling to be breached in any year with prolonged unsatisfactory GDP growth, not just -2%.
In particular, countries that break the Pact’s deficit ceiling because they overestimated their growth – and hence government revenue – want to be treated more leniently than those who deliberately violate the rules.
Yet an exception might be warranted where a violation of the deficit ceiling has led to fiscal tightening in line with advice from the Commission and endorsed by Ecofin.
Having violated the ceiling in 2002, Germany looked set to do so again in 2003 despite tightening its budget along Commission lines.
This may encourage national policy-makers who defend the SGP’s deficit ceiling to continue to do so, but peer pressure will lose some of its effectiveness when the ultimate threat of sanctions disappears.
If no deal to raise the debt ceiling is reached by August 3, interest rates on United States Treasury bonds could spike, or they could remain stable, as investors decide they have other problems to worry about.
Frankly, no one knows what legislative deal will be struck to raise the debt ceiling.
So, rather than talking about the US debt ceiling, let us think instead about all of the things that the debt-ceiling impasse has prevented the US government from doing during the past six months – all of the useful policies that might have been debated and enacted, but were not.
In the US, President Barack Obama and Congressional Republicans have for now agreed on a truce to avoid the threat of another government shutdown over the need to raise the debt ceiling.
While this would not cross the EU’s 3%-of-GDP ceiling on budget deficits, it is considerably more than the 1.6% that the finance minister informally agreed with the EU over the summer.
For example, the EU could impose a ceiling not on total debt, but on the portion of debt held by foreigners.
But the “glass ceiling" is only a small part of the issue.
Among EU countries, average public debt increased from 73% of GDP in 2009 to 86% of GDP in 2016, far above the ceiling of 60% of GDP set by the Maastricht criteria.
Meanwhile, across the Atlantic, the political polarization in Washington is distressing, with another debt ceiling debacle looming.
Tying a person to a board and bringing him to the point of drowning, over and over, or forcing a prisoner – stripped naked and covered in his own excrement – to stand with his hands shackled to the ceiling for days, until his legs swell to twice their normal size, may not have constituted torture in memos prepared by government lawyers, but such practices are surely cruel, inhuman, and degrading.
Consider that capital gains for top earners in the UK are taxed at 28%, and the ceiling in the US is 20%.
A Bad Deal for America’s FutureWASHINGTON, DC – The painfully negotiated US budget legislation that President Barack Obama signed on August 2 combines an increase in America’s government debt ceiling with reductions in federal spending, thus averting the prospect of the first default in the 224-year history of the United States.
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