Government debtconsolidation could mean one of two different things. One type of governmentdebt consolidationmay refer to governments themselves consolidating some of their loans, usually issued through bonds. The other type would be the Federal Government offering debt consolidation, or at least allowing...
cutting private sector job growth, or endangering the most vulnerable members of our society. We must eliminate outdated and unnecessary programs, as I have proposed before and as the GAO suggests here," she said.
In response to increasing debt paths, governments often implement fiscal consolidation programs. This paper studies the impact of these programs on the composition of government spending. System-GMM estimations performed on a sample of 53 developed and emerging countries over 1980-2011 reveal that ...
for the success offiscal consolidation. First, we confirm that consolidation programs imply a stronger reduction of the public debt ratio when they rely mainly on spending cuts, except public investment. Government wage bill cuts, however, only contribute to lower public debt ratios when public ...
including cash-out refinancing and debt consolidation, to meet diverse financial needs. Smart Mortgage offers every loan product available, each backed by stellar reviews and high ratings on Google, Yahoo, and Yelp, and an A+ rating from the Better Business Bureau. This exemplary record underscores...
After several years ofconsolidations and buyouts— Federated Department Storesclosed down the Stern’s linein 2001. Warner Bros. Studio Store (Photo by Justin Sullivan/Getty Images) Warner Bros. Studio Store Around the same time that the Disney store offered its own movie screen and mound of pl...
The Washington Post says the Defense Department is gearing up for consolidation once again, putting local companies and lobbying firms on alert. Defense Secretary Leon E. Panetta says that despite the controversy that normally surrounds such moves, “it is the only effective way to achieve ...
In our research, we identify 40 such programs that have been enacted around the world in the past two decades. There were a number of objectives these programs were designed to achieve: significant fiscal consolidation, better outcomes across multiple public services, and economic growth (exhibit)...
In the context of a Consolidation, being a legal action of one or more banks (each a “Consolidating Bank”) consolidating by way of establishing a new bank (the “Newly Established Bank”), where all assets and liabilities of each Consolidating Bank are transferred by operation of law into...
The government isn’t generally in the business of offering debt relief programs for most types ofunsecured debt, such as credit cards and personal loans. This makes sense, given that these types of credit can be used to pay for just about anything, and taxpayers probably wouldn’t be too ...