Moreover, the overall level of spending is likely to be large.

The level, composition, and growth of spending and taxes are the fundamental fiscal indicators.

That extra spending means a higher level of nominal GDP (output at market prices).

Knowledge of how different government policies could affect the overall level of spending was closely held.

Affected households account for a significant portion of country level spending, reducing the level of resources available for other basic needs, such as food, education and housing.

Adjusted for inflation, US military spending has reached its highest level since World War II.

Making room for increased consumer spending requires reducing the level of exports by allowing the currency to appreciate.

From 2003 2006, annual construction spending rose to a level well above its long run trend.

Significant federal spending programs could have emerged only from the transfer of existing national programs to the European level.

Under normal circumstances, I would oppose this rise in the budget deficit and the higher level of government spending.

It slashed public expenditure and capped spending at 35 of GDP the same level as in the United States.

There is no similar process in the eurozone, where taxes and spending occur at the national level.

However, actual spending will be adjusted in line with the level of achievement of income projections set in the present plan.

The 2005 2009 level of planned spending is in line with the goal of maximizing programme expenditures while maintaining regular resources liquidity.

The level of spending on flexible expenditures, such as staff training and development, supplies and equipment, and travel, was drastically reduced.

Unlike in the US, where federal public spending grew as a consequence of the creation of new expenditure programs throughout the twentieth century, public spending was already high at the national level when Europe began to integrate.

But there remain doubts about the true level of China s military spending, owing to a pronounced lack of transparency in the budget process.

The level of disbursement from the International Reconstruction Fund Facility for Iraq has improved, compared with 2004, but we are looking with concern at the spending level managed by the World Bank.

For example, Ryan supported George W. Bush s spending spree. He also supports maintaining defense spending at or near its current level resisting the cuts that were put in place under the Budget Control Act of 2011.

However, public opposition to increases in defence spending during a period when economic constraints require reduced spending for social welfare has created differences among the political parties regarding a broadly acceptable level of new defence expenditure.

Without further declines in the saving rate from this very low level, consumer spending will not continue to grow as robustly.

But the 1990 s was a decade of slow growth, and households devoted a rising share of their incomes to maintaining their level of consumer spending.

Success should be measured according to impact on, say, the quality of education and skills acquisition, rather than according to the mandated level of public spending.

Industry could be safely left in private hands, provided the state guaranteed enough spending power in the economy to maintain a full employment level of investment.

Spending. Obama has dramatically increased spending.

It places not one constraint on the level of public spending, Jean Marc Ayrault, the prime minister, asserted. Budget sovereignty remains in the parliament of the French Republic.

He also supports maintaining defense spending at or near its current level resisting the cuts that were put in place under the Budget Control Act of 2011.

Therefore, on a regional level, a large part of the additional resources were used to increase public spending, especially for social security, health, and education, in that order.

In 2008, annual military spending reached 1.85 of GDP, or 5 billion kroons, and was expected to continue to increase until 2010, when a 2.0 level was anticipated.

It is obscene that global spending on armaments has now reached a level of more than 1 trillion, while global expenditure on development cooperation is only 78 billion.

Some delegations said that spending on HIV AIDS was too low and suggested that the level be increased from 9 to 14 per cent of total programme expenditure.

Despite the hype about nanotechnology and a Russian Silicon Valley at Skolkovo, spending on Rampamp D is a mere one fifteenth of the US level, and one quarter of China s.

The combination of faster household spending growth and the existing level of exports would cause production bottlenecks and strain capacity, leading to faster increases in the prices of domestically produced goods.

The US currently has the smallest share of government spending in GDP, although it has gained substantially on Canada because of the spending explosion since 2000 President George W. Bush s military spending and Obama s social spending

Stated differently, Greece is now able to finance its current level of consumption and investment, including government and private spending, without relying on capital inflows from the rest of the world.

If people want the same level of government services relative to other things that they consume, government spending will take up a larger and larger share of national output over time.

That restructuring will occur, deficit spending or no deficit spending.

Stability of social spending is crucial, inasmuch as instability and fluctuations reduce the efficiency of social spending.

At that point, it will be important to develop policies to reduce gradually the relative level of government spending in order to shift to fiscal surpluses and reduce the debt burden.

Spending rate

Or public spending all European leaders adamantly want to reduce government spending.

In fact, there are some like these Erskine Bowles, Alan Simpson and others, who have gone through and given proposals for this overall federal health spending state level problem.

Keynesian stimulus policy is habitually described as deficit spending, not tax financed spending.

Economists agree that, at full employment, higher government spending crowds out private spending.

Additional deficit spending