How to use national debt in a sentence

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Sentence Examples But they foresee clouds on the horizon with fears of new taxes and a growing national debt. As veterans we leave the military with medals, ribbons and a national debt of gratitude for our service. Because the debt is a national debt, accrued in our name, it is our name that we must pay the interest and the principal. By the end of the decade, then, the deficit and the national debt may warrant genuine anxiety. Instead, they want to spend the surplus on tax cuts and paying down the national debt. Although inflation was reversed, the national debt greatly increased, as did unemployment. In addition, the government had been able to reduce direct taxation and pay off part of the national debt from the proceeds of privatization. Walpole was quickly successful, reducing the national debt and stabilising prices and wages. Third is the impact of sustained surpluses and repayment of the national debt on financial markets. Finally, as the surplus dwindles, the government will pay off less of the national debt. Would it make a difference if our national debt were suddenly forgiven in full? But there is a Social Security crisis based on ideology and on the total national debt. If and when the liability crystallises from the raft of legal cases pending, the size of the national debt will rise, possibly by great sums. The huge savings on the national debt are a result of the sharp fall in interest rates in Europe and worldwide. Another permutation could be to cut spending and taxes and retire the national debt. The national debt is really perpetual debt, and perpetual debt has characteristics that make it different from normal debt. To illustrate, payments on the national debt, unlike a home mortgage payment that is designed to reduce the principal, are not amortized. Governments have saved billions by refinancing the national debt at lower interest rates. Piling on more red ink to the existing federal budget deficit and the national debt will do both long and short term harm to our economy. In order to stimulate a recessive economy and pay for the cost of escalating welfare programs, Congress will add to the national debt. Show More Sentences They would also be appalled by our enormous national debt and the dismal status of our huge welfare programs. What's amazing is that even in the accounts of agencies tasked with servicing the national debt, money is just sitting there. In Colombia, 82 percent of our tax money is channeled toward national debt payments. Unemployment soared, thousands emigrated and the national debt spiralled out of control. Where else can you spend money, boost your savings, and help fund the national debt all at the same time? The country has been struggling with an economic crisis marked by chronic budget deficits and a national debt that is 116 percent of gross domestic product. That is, until the other party abandons the idea of any tax increase whatsoever to bring down the ballooning national debt. We firmly believe that it would be irresponsible to pass this national debt onto future generations. They condemned his financial schemes as a sham, particularly the sinking fund to abolish the national debt. Twitter, like the national debt or Lindsay Lohans's sobriety, is in a constant state of flux. At the governmental level, we routinely measure unemployment, job growth, our national debt, GNP and our balance of trade. Now that we are in government, we are taking decisive action to reduce the tax burden of all Canadians and pay down the national debt. We have a transfer of money from the poor to the rich when we have national debt. When there is low inflation in the economy, national debt retains its value. The War tripled the national debt and inspired a federal income tax that has remained with us to this day. Both countries have very consistently made proper use of this revenue by using it to reduce the national debt. They also plan to legislate a balanced budget and will pay off the national debt. It is legitimate for trade unions to express anger at the way in which national debt has been built up. The Pact governs the levels of national debt and borrowing in the Eurozone, but recently these rules have been flouted by some member states. Don't stall the recovery by focusing on the short term bump in the national debt. Show More Sentences These criteria address the inflation rate, national debt, and longterm interest rates, as well as various legal norms. Non-compliance with tax law results in loss of tax revenue needed to fund government programs and to service the national debt. They were allowed to double the national debt in four years. Wage and pension cuts were implemented to pay off the national debt. The total national debt has risen 30 percent in the past four years. We must eliminate our national debt by either making our currency less in value, taking our lumps and paying it off, or do the equivalent of going bankrupt as a country. Will it be stabilised by fiscal transfers from other member countries or should the European Central Bank be allowed to monetise the accrued national debt? He says he plans to focus on the national debt and budget issues, government and tax reform. The national debt that the politicians should be talking about is the one to that young Marine and all the others. Analysts said that if Chen could manage to do both without increasing the national debt, then he's a better number cruncher than previously thought. Hidden liabilities are those that do not appear in the countable, financial or budgetary registries, and at a given time they become indispensable as national debt. Mr Reagan ignored this, and allowed the national debt to grow monstrously. By the outbreak of World War I, one billion marks had been added to Germany's national debt because of naval expenditures. London paid most of the cost of the Indian Army, which had the effect of erasing India's national debt. Usually small states with volatile economies have most of their national debt in foreign currency. Some Scottish nobility petitioned Westminster to wipe out the Scottish national debt and stabilise the currency. The national debt fell into three categories after the American Revolution. In his new political positions, and encouraged by his advisers, Walpole introduced the sinking fund, a device to reduce the national debt. Some few paid an amount equal to interest on the national debt owed to their citizens, but no more. However, some of the interest on the national debt, which is the responsibility of the Department of Finance, could be attributed to the acquisition of specific real properties. Show More Sentences The fiscal plan will help keep the national debt, now around 10 percent of GDP, manageably low. Yes, gridlock frustration and national debt nausea are understandable. The government has shown great responsibility by reducing national debt, bringing external expenditures in check, and pumping up the country's international reserves. Observers also point to Italy's own internal problems including the national debt level, high taxation, rigid labour laws and the financial burden of an expensive pension system in a fast ageing population. Still battling the unappeased demons of stagnation, bloated national debt, and the sclerotic effects of an ageing population, the authorities now seem paralysed in their efforts to rebuild after the 2011 earthquake. That figure is the equivalent of Greece's total national debt, which has sparked tough domestic austerity measures and a multi-billion euro zone loan package to solve the country's debt crisis. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. The biggest chunk of that goes to pay interest on the national debt. Infrastructure investments could be funded by loans, increasing the country's budget deficit and the national debt, but this would be at odds with the main conditions for the adoption of the single currency. That means putting children and their families ahead of paying down the national debt, ahead of tax breaks for well-to-do individuals and corporations and ahead of other major new spending programs. These trends in the national debt mean lower interest payments, which will, in turn, help provide the necessary framework for tax cuts, and in some cases for specific increases in public spending. Slaying the deficit, balancing the budget and resuming regular payments toward the national debt in the not too distant future are not an end in themselves. When Scotland ratified the 1707 Act of Union, despite Scotland's national debt, taxes were low due to war avoidance and trade thrived from the Baltic to the Caribbean. The national debt has ballooned trillionfold in the past century. The Government had established a plan whereby the South Sea Company would assume the national debt of Great Britain in exchange for lucrative bonds. Pitt sought to reduce the national debt by imposing new taxes. While the national debt soared, Hitler and his economic team expected that the upcoming territorial expansion would provide the means of repaying the debt. It is mostly uncommon for invaders to accept responsibility for the national debt of the annexed state or that of an organization it considered as rebels. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts. Examples from Classical Literature If this passes during the presidentship of General Jackson, it will immortalize his reign more than paying off the national debt. For example, a good half of your Italian national debt is in the hands of Freelanders. The national debt was extinguished, and new States were admitted into the Union. It is asserted that the bad Ministers have contracted the national debt. To him may be ascribed the great increase of the national debt. If it did, the national debt could be wiped out in a matter of days. Endless talk about filthy lucre, the budget deficit and national debt, and an almost daily bribe from at least one of the parties has left me depressed and often in despair. However, the Office for Budget Responsibility has said that UK will need seven million migrants in the next 50 years to keep down national debt, the report added. Find more words! 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Words that rhyme with national debt What is the plural of national debt? Use our Sentence Generator Nearby Words national convention national committee national bank national assembly national nation National Government national identity national interest nationalisation nationalise nationalised