Federal
in sentence
1805 examples of Federal in a sentence
Dealing with the short- and medium-run deficit would be fairly straightforward: decide how large a share of GDP the
federal
government should take up, set spending at that level, and set taxes so that the budget is balanced (or so that the debt-to-GDP ratio is not growing) over the business cycle.
Determine whether, overall, you would rather have in the medium term a
federal
government that spends, say, 16%, 20%, or 24% of GDP – and on what.
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.
Post-Shutdown AmericaWASHINGTON, DC – After 16 days of closed museums, half-empty
federal
buildings, unnaturally quiet streets, and tens of thousands of workers left in existential limbo, the lights are back on in Washington.
The unspoken truth is that, compared to “blue-staters,” those who live in red states exhibit less responsibility, on average, in their personal behavior: they are less physically fit, less careful in their sexual behavior, more prone to inflict harm on themselves and others through smoking and drinking, and more likely to receive
federal
subsidies.
Policy wonks have long known that one gets similar results when looking at which states receive more
federal
subsidies: Despite all the rhetoric about “getting the government off our backs,” the red states receive the most
federal
transfers, with Alaska, Mississippi, Louisiana, West Virginia, and the Dakotas topping the list.
Democratic-leaning states – especially New York, New Jersey, California, and the New England states – are net contributors to the
federal
budget, and thus subsidize everyone else.
Even in the United States, there is no
federal
law mandating that employers give farm workers breaks for water and shade, even though heatstroke remains a leading cause of work-related farm deaths in the US.
Thanks to the profligacy of the current Bush administration (and the prudence of the Clinton administration), average
Federal
spending as a proportion of GDP under Republican presidents now exceeds that under Democrats during the measured period.
The Electoral College was included in America’s constitution to protect small states in a
federal
system, but it now means that the political campaign focuses largely on the dozen or so battleground states where public opinion is closely divided.
On the revenue front, Brazil should replace the current state-level value-added tax (VAT), which is riddled with major distortions, and the
federal
cascading turnover taxes with a modern dual
(federal
and state) consumption-type VAT, with a common base and a very small number of rates.
Unless and until the US faces up to its chronic aversion to saving – namely, by reducing massive
federal
budget deficits and encouraging the rebuilding of severely depleted household saving – multilateral trade deficits will persist.
When added up, such spending is unaffordable, especially with current
federal
revenues at just 15% of GDP.
And, in the United States, where inflation exceeds 2%, the
Federal
Reserve’s benchmark
federal
funds rate remains at an historic low of 0-0.25%.
This is apparent in the fact that, over the last 15 years, the real
federal
funds rate – the Fed’s benchmark policy rate, adjusted for inflation – has been in negative territory more than 60% of the time, averaging -0.6% since May 2001.
From 1990 to 2000, by contrast, the real
federal
funds rate averaged 2.2%.
Analyses by the Tax Policy Center, the Tax Foundation, and Moody’s Analytics all indicate that
federal
budget deficits under Trump’s economic plan are headed back toward at least 7% of GDP over the next ten years.
Even the most conservative estimates of the
federal
budget deficit suggest that the already-depressed net national saving rate could re-enter negative territory at some point in the 2018-2019 period.
Although US
federal
debt is projected to rise at an unsustainable rate in the long term, the right solution is not fiscal belt-tightening now, but rather a credible plan to stabilize the debt/GDP ratio gradually as the economy recovers.
Similarly, its average projection of the
federal
funds rate for 2015 was 1.5%.
One such risk is that political partisanship will cause another disruption to the US
federal
government’s finances, weakening the American economy and roiling world financial markets.
Unlike in 2013, the strategy of Ryan and his allies this time around is unlikely to include a threat to default directly on
federal
government debt.
Now the right – increasingly catering to a Southern, rural, and white constituency – cares much more about shrinking the
federal
government, and in recent years has viewed shutting it down or threatening nonpayment of debts as a way to “starve the beast.”
There is still time for a substantial shift in
federal
spending toward high-employment (but in all likelihood low-value) projects to reduce unemployment before the end of 2010 – if Congress acts quickly.
Genetic Property Rights on TrialLONDON – In early February 2010, a United States
federal
district court in New York began deciding a landmark case as to whether individuals have a “right to know” about how their own genomes can dictate their future health.
According to the American Association for the Advancement of Science,
federal
funding for research and development in 2017 fell by 23.6% in real terms compared to 2007.
Since 1976,
federal
spending on R&D has actually declined as a percentage of GDP – from 1.2% to just 0.7% this year.
Others focused on the “compassionate”: they expected Bush’s fiscal policy largely to eschew tax cuts and to adopt largely Democratic spending priorities, including expanded
federal
aid to education and a prescription drug benefit, thereby showing that Republicans could run a more cost-effective version of the social-welfare state.
But it illustrates a simple point: Europe is trying to achieve a stronger
federal
model that responds to the weaknesses revealed by the eurozone crisis.
The next day, a
federal
judge blocks his appointment, claims and counterclaims are filed before the courts, millions take to the streets demanding the president’s impeachment, and no one is quite certain who is in charge.
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