Ceiling
in sentence
534 examples of Ceiling in a sentence
Mindful that normal slowdowns could lead to a breach of the ceiling, they decreed that a normal deficit is a zero deficit.
It is as if the PO has hit a glass ceiling, while the PiS is blessed with a glass floor.
But it would require a more sophisticated analytical framework than the current one, which merely distinguishes between countries on the basis of whether they meet the EU’s 60%-of-GDP
ceiling
on public debt.
Though Macron is by no means an obsessive fiscal hawk, he wants to narrow the French government deficit from 3.4% to 3% of GDP, in line with the
ceiling
set by the EU’s Stability and Growth Pact.
Meanwhile, the US cannot meet its next debt payment unless Congress and the president reach an agreement to raise the national-debt
ceiling.
She also seems to believe that women voters see in her the embodiment of their own struggles and will cheer her on vicariously when, by becoming America’s president, she shatters the last “glass ceiling.”
The term “glass ceiling” is itself elitist, deriving as it does from the corporate struggles of a few professional women.
Most American women are having a hard enough time on the factory floor or the unemployment line or making minimum wage at Wal-Mart; when working-class women hear a former corporate attorney carry on about a glass ceiling, they think not about gender identification but about the class divide that has widened since the term came into vogue in the 1980s.
For each of those processes, it proposes a boundary – a quantitative
ceiling
– beyond which we risk inducing abrupt changes that could push our planet into a state that is more hostile to humanity.
In particular, the danger of “mission creep” – the temptation to expand the 60%-of-GDP debt
ceiling
for Blue debt – needs to be addressed.
Suppose Greece took 25 years to bring it down to the Maastricht
ceiling
of 60%.
Yellen’s appointment is particularly important, because she breaks the glass
ceiling
in the advanced economies.
Decisions concerning both the multi-year framework and annual budgets should be taken by majority voting in the Council and Parliament, based on a formal proposal by the Commission, leaving decisions about the overall resource
ceiling
to the Council of Ministers and member states.
It should tell the Council that it will accept a lower
ceiling
on overall spending, but that it will want to have a greater say over the composition of spending.
By accepting the
ceiling
on total expenditures, the European Parliament would gain credibility with governments and the electorate.
WASHINGTON, DC – John Boehner, Speaker of the United States House of Representatives, is leading the Republican Party’s charge on fiscal policy, arguing that his side needs to see “trillions of dollars” in spending cuts in order for Congress to approve an increase in the US government’s debt
ceiling.
Focusing on the debt
ceiling
creates a political trap for Boehner and the Republicans.
It is also true that whenever Republicans rattle their sabers about the debt ceiling, and threaten not to raise it, the bond market yawns and there is no significant impact on yields.
If the Republicans’ threats were credible, any news that increased the likelihood of a problem with the debt
ceiling
would send Treasury bond prices down and yields up.
After all, the consequences of failing to increase the debt
ceiling
would be catastrophic.
It is not difficult to identify who would bear what costs if the US did not pay – or if it disrupted markets by not increasing its debt
ceiling.
Simply put, America will not score an own goal over the debt
ceiling
– and Boehner must know it.
If Barack Obama’s administration plays its hand well, the result will be a last-minute extension of the debt
ceiling
with no significant concessions.
Though checking whether a budget is below the SGP’s
ceiling
of 3% of GDP may be a straightforward matter, there can be reasonable disagreement about whether the business-cycle adjustment should be estimated at 0.5% or 0.8% of GDP, or whether a country is adhering to its medium-term expenditure objective.
America’s friends around the world watched with dismay the recent brawl in over raising the federal government’s debt ceiling, and the US Congress’s inability to come to anything like a balanced and forward-looking compromise.
In the weeks since the debt
ceiling
agreement, it has become increasingly clear that good government might be impossible in the US.
Providing further fiscal stimulus to boost economic growth would carry its own risks, owing to the debt
ceiling
and another, more ominous factor: America is already overly indebted, and there are signs that major holders of US government securities are finally tired of being repaid in depreciated currency.
Indeed, as the deadline for raising the debt
ceiling
neared, Henry Aaron, a distinguished senior fellow at the Brookings Institution, pointed out that the US Constitution requires the president “to spend what Congress has instructed him to spend, to raise only those taxes Congress has authorized him to impose, and to borrow no more than Congress authorizes.”
Honoring all three of those legal obligations simultaneously is impossible if Congress refuses to raise the debt ceiling, but raising the debt
ceiling
without Congressional approval, though illegal and an impeachable offense, was the least-bad choice.
In a previous era, an economic adviser might have recommended specific fiscal and monetary policies – a reduction in fiscal expenditures or a
ceiling
on credit – geared at restoring macroeconomic balances.
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