Deficit – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Sat, 27 Dec 2014 18:51:21 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Saudi Arabia braces for $39 billion deficit, to cut wages due to low oil prices https://www.eutimes.net/2014/12/saudi-arabia-braces-for-39-billion-deficit-to-cut-wages-due-to-low-oil-prices/ https://www.eutimes.net/2014/12/saudi-arabia-braces-for-39-billion-deficit-to-cut-wages-due-to-low-oil-prices/#respond Sat, 27 Dec 2014 18:51:21 +0000 http://www.eutimes.net/?p=35277 The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances. The figure was part of the endorsed 2015 budget, which was made public in a statement read out […]

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]]> https://www.eutimes.net/2014/12/saudi-arabia-braces-for-39-billion-deficit-to-cut-wages-due-to-low-oil-prices/feed/ 0 US total debt reaches stunning 60 Trillion Dollars! https://www.eutimes.net/2014/06/us-total-debt-reaches-stunning-60-trillion-dollars/ https://www.eutimes.net/2014/06/us-total-debt-reaches-stunning-60-trillion-dollars/#comments Tue, 17 Jun 2014 09:32:59 +0000 http://www.eutimes.net/?p=32812 America, its government, businesses, and people are nearly $60 trillion in debt, according to the latest economic data from the St. Louis Federal Reserve. And private debt, not government borrowing, is the biggest reason for the huge deficit. Total US debt at the end of the first quarter of 2014, on March 31 totaled almost […]

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]]> https://www.eutimes.net/2014/06/us-total-debt-reaches-stunning-60-trillion-dollars/feed/ 2 Obama: 'No doubt' we need more taxes https://www.eutimes.net/2013/02/obama-no-doubt-we-need-more-taxes/ https://www.eutimes.net/2013/02/obama-no-doubt-we-need-more-taxes/#comments Tue, 05 Feb 2013 17:17:34 +0000 http://www.eutimes.net/?p=25909 US President Obama on Sunday insisted that the nation needs additional tax revenue, some of which the government could acquire by closing or reducing loopholes and deductions. “There is no doubt we need additional revenue, coupled with smart spending reductions in order to bring down our deficit,” the president said in an interview aired on […]

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]]> https://www.eutimes.net/2013/02/obama-no-doubt-we-need-more-taxes/feed/ 1 Greece Public Debt And Deficit Worse Than Estimated https://www.eutimes.net/2012/10/greece-public-debt-and-deficit-worse-than-estimated/ https://www.eutimes.net/2012/10/greece-public-debt-and-deficit-worse-than-estimated/#respond Mon, 22 Oct 2012 13:54:59 +0000 http://www.eutimes.net/?p=24071 Provisional figures released by Greece’s national statistics authority have shown the country’s deficit and public debt for 2011 are worse than estimated. According to provisional data published by ELSTAT statistics agency on Monday, the 2011 deficit stood at 9.4 percent of gross domestic product and the public debt at 170.6 percent. “The revisions as regards […]

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]]> https://www.eutimes.net/2012/10/greece-public-debt-and-deficit-worse-than-estimated/feed/ 0 Senators Outraged U.S. Borrowing Big From China While Also Giving It Aid https://www.eutimes.net/2011/10/senators-outraged-u-s-borrowing-big-from-china-while-also-giving-it-aid/ https://www.eutimes.net/2011/10/senators-outraged-u-s-borrowing-big-from-china-while-also-giving-it-aid/#respond Wed, 26 Oct 2011 12:35:10 +0000 http://www.eutimes.net/?p=17805 China is one of the biggest economies in the world and grew at more than 9 percent over the last year. It also has loaned more than $1 trillion to the U.S. to fund its deficit-spending. But at the same time, the U.S. sends foreign aid to China, which lawmakers of all stripes say is […]

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]]> https://www.eutimes.net/2011/10/senators-outraged-u-s-borrowing-big-from-china-while-also-giving-it-aid/feed/ 0 Debt now equals total U.S. economy https://www.eutimes.net/2011/02/debt-now-equals-total-us-economy/ https://www.eutimes.net/2011/02/debt-now-equals-total-us-economy/#respond Tue, 15 Feb 2011 12:38:05 +0000 http://www.eutimes.net/?p=12553 President Obama‘s budget, released Monday, was conceived as a blueprint for future spending, but it also paints the bleakest picture yet of the current fiscal year, which is on track for a record federal deficit and will see the government’s overall debt surpass the size of the total U.S. economy. Mr. Obama‘s budget projects that […]

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]]> https://www.eutimes.net/2011/02/debt-now-equals-total-us-economy/feed/ 0 America is in debt with $9 Trillions over the next 10 years https://www.eutimes.net/2009/08/america-is-in-debt-with-9-trillions-over-the-next-10-years/ https://www.eutimes.net/2009/08/america-is-in-debt-with-9-trillions-over-the-next-10-years/#comments Sun, 30 Aug 2009 02:27:15 +0000 http://www.eutimes.net/?p=3266 WASHINGTON – In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire U.S. economy. But before President Barack Obama can […]

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