spending borrowing
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Why IT must escape the belt-tightening
Comment The higher cost of borrowing and the gradual erosion of confidence are two obvious signs the clouds that were on the horizon are now lurking overhead. Perhaps we need a new name for the IT budget, because it's almost impossible to believe so many... [18 Apr 2008]
Decentralization and the Challenge of Hard Budget Constraints
White Paper Indeed, they can facilitate it by promoting local revenue collection, improving information, accounting, and auditing, implementing and enforcing limits on borrowing to cover current spending, and clarifying bankruptcy procedures. [10 Apr 2008]
Macroeconomic Impacts of Stylized Tax Cuts in an Intertemporal Computable General Equilibrium Model
White Paper In the first option - a balanced budget rule - the government contemporaneously matches tax cuts with spending cuts; as a result, tax cuts require no new borrowing. In the second and third options, the government instead temporarily pays for tax... [29 Jun 2005]
States' Heavy Reliance on Spending Cuts and One-Time Measures to Close Their Budget Gaps Leaves Programs at Risk
White Paper As a result, states cut spending, drew down their reserves, raised taxes and used one-time measures such as borrowing, federal fiscal relief and payment date shifts to close those gaps. The analysis presented in this paper finds that states relied... [20 May 2005]
BT's Verwaayen: Broadband is our priority
News Nonetheless debt repayments are still significant, and BT is going to ask the credit ratings agencies to raise the ratings on its debt - which will in turn cut the cost of borrowing for the group. Debt is still a big issue for BT, even though it... [07 Feb 2002]
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