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An unusual variant is the Oregon kicker, which bans surpluses of more than 2% of revenue by refunding the money to the taxpayers. State balanced budget requirements do not apply to state capital budgets, which generally allow states to use their debt capacity to finance long-term expenditures such as transportation and other infrastructure. [30]
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
The 1996 United States campaign finance controversy, sometimes referred to as Chinagate, was an effort by the People's Republic of China to influence domestic American politics prior to and during the Clinton administration and also involved the fundraising practices of the administration itself.
BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that greater scrutiny on U.S. investments into China ...
Ahead of state legislative sessions beginning, financial officers from 15 states sent a letter to their state pension fund fiduciaries urging them to divest from China.
Broadly, US government debt increases as a result of government spending and decreases from tax or other funding receipts, both of which fluctuate during the course of a fiscal year. [1] [2] The aggregate, gross amount that Treasury can borrow is limited by the United States debt ceiling. [3] There are two components of gross national debt:
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
African countries rapidly increased their borrowing from China between 2000 and 2014 [74] (totaling US$94.5 billion) as they sought to end their dependence on the IMF and World Bank, which demand market liberalisation in exchange for loans. [75] Johanna Malm wrote that Chinese loans have been an alternative to IMF loans.