budget deficit

Investors consider it a hedge against inflation, an attractive quality amid a swelling budget deficit and increased government spending.

With Britain facing a huge budget deficit and an uncertain economic outlook, this is one of the last things investors will wish to see.

The central forecast of the budget deficit tends to be universally accepted. It just seems simpler that way.

China's decision to prop up the dollar is not going to be affected by the size of the US budget deficit.

The president will have to give the federal budget deficit and national debt a far more central place in his policy agenda.

Worse still, as a percentage of government revenues, the US budget deficit is substantially higher than that of any of the PIIGS.

The mayor is still battling with a budget deficit and is trying to overcome decades of gross mismanagement.

Wild optimism about economic growth is at the heart of the Obama administration's plans to shrink the federal budget deficit.

It is not as if he needs the tax to repair damage from a deep recession or to slash an embarrassing budget deficit.

The coming two months will be a test for Lew, as the battle over the budget deficit heats up in Congress.

He said that this meant the likelihood of Republican plans for budget deficit reduction becoming reality had decreased.

The idea that we must cut the budget deficit at a time of high unemployment is such a misconception.

Mr. Obama also said he hoped for an agreement on ways to reduce the U. S. debt and budget deficit, which are at record highs.

But with a projected $2 billion budget deficit, state leaders need to forget about jackpot fantasies, at least for the moment.

Yet whether or not the election produces a hung parliament, the overriding task for the next government will be to slay the budget deficit.

Financial markets fear the lack of a strong mandate for any party could make it difficult for the new government to tackle a budget deficit.

I'm not arguing that trying to reduce the budget deficit is always bad for private investment.

Opponents also object to its cost, although Obama has said he expects the proposal would not add to the US budget deficit.

The question of whether to raise taxes to cut the budget deficit is a real hot potato for a lot of politicians.

The money would be part of a plan with the International Monetary Fund to help control Egypt's budget deficit.

At the moment, as you may have noticed, the U. S. government is running a large budget deficit.

We were in trouble to start with, and it was all over when Mondale said he would propose a hefty tax increase to reduce the budget deficit.

It says there is "no question" of any rollback on its policy because ending fuel subsidies is essential to cut its budget deficit.

Ending the tax break altogether would pay for universal coverage, with revenue left over to set against the long-term budget deficit.

The euro-wide budget deficit also compares favourably with that of other big advanced countries.

Here we stand more than a year into a grave economic crisis with a projected budget deficit of 13% of GDP.

A downgrade could happen before that if the current plan to reduce the budget deficit turns out not to be "credible, " he said.

C reducing a country's national budget deficit will not necessarily result in a lowering of any trade deficit that country may have.

He said the downturn would affect government finances and lead to a "temporary budget deficit" .

On the federal budget deficit, Bernanke warned Congress that over the long term the federal budget appears to be on an unsustainable path.

With no growth likely this year, the budget deficit has been revised up to 11. 9% of GDP, excluding the bank bail-out costs.

Its new government said in October that this year's budget deficit would be more than twice as big as previously advertised.

The fact that it has not done so suggests it cares more about financing the budget deficit and the federal government's spending programmes.

The Tories inherited such a massive budget deficit (11% of GDP) that there was little political upside in postponing the pain.

He said the government will take all means to the budget deficit to GDP ratio at 3% or less.

The US cannot control its budget deficit and must contend with infantile politics and a palpable sense of national decline.

It should be combined with a second task, which is to say what the forecast effects of the expenditure cuts on the budget deficit are.

He left the state with a budget deficit, but has since tried to burnish his credentials as a hawk on spending.

it also knows that no more bailout money will come its way unless it lives up to its promises and reduces its budget deficit to 7. 6%.

Services will have to be cut, as in other cities, to close a budget deficit, and that will probably mean lay-offs.

THE state of Illinois has a rather crude way of coping with its ballooning budget deficit. It stops paying bills.

S. budget deficit and the issue of future trade agreements mean there will not be a lot of new money for the next farm bill.

Both parties are accused of making pie-in-the-sky promises, since they also insist that the budget deficit must be cut.

In his view, the efforts would have to include an appeal to patriotism and come with a longer-term plan to rein in the budget deficit.

The White House predicts the United States will enter the new fiscal year with the largest budget deficit since World War II.

Note that this has nothing to do with the budget deficit.

Early estimates show that over the next eighteen months, California's budget deficit could reach twenty-eight billion dollars.

But a depreciating dollar that's combined with a reasonable budget-deficit-reduction plan is something else entirely.

It has after all presided over the longest and deepest recession and biggest budget deficit since the second world war.

There's not a lot of good news to come out of a $41-billion budget deficit, except that we in fact solved it.

And Iraq, with its widening budget deficit, has an urgent need to turn its riches beneath the ground into wealth above it.

that this meant a larger budget deficit was not a priority for him.

The president acknowledged at his first cabinet meeting that the new effort wouldn't put much of a dent in the budget deficit.

Maybe, it's just time to duck and wait to see how the debt-budget-deficit negotiations get resolved.

The correct measure of a fiscal stimulus is the change in the budget deficit adjusted for the impact of the economic cycle.

So, in an effort to bring some clarity, I've tried to cull some of the best analysis of the budget-deficit debate this week.

Which means that the US trade deficit and our borrowings from China are not going to be affected by the budget deficit.

Austerity is better than raising taxes in closing the U. S. budget deficit, Greenspan said.

Cyprus's 2010 budget deficit, at around 5% of GDP, was akin to that of the Netherlands.

Only 6% said the Obama administration is most responsible for the budget deficit.

In India and Brazil the main inflation-fighting tool ought to be a smaller budget deficit.

In the UK, the Bank of England has funded 130 per cent of the budget deficit, via its quantitative easing programme.

The Californian legislature has until midnight tonight to come up with a solution to the state's multibillion-dollar budget deficit.

Coming so shortly on the heels of the subprime crisis, the debate over the debt ceiling and the budget deficit is the last straw.

Portugal is aiming for a budget deficit of 4. 6% of GDP next year, less than half Ireland's target, though it has more debts to roll over.

The notion that the U. S. needs China to finance its budget deficit is flawed in a number of ways.

Italy has long had a big public debt, but a reasonably stable one; its budget deficit is among the euro zone's smallest.

The Democrats' proposed federal budget for the next fiscal year avows a commitment to reduce the budget deficit still further .

A goods and services tax is supposed to be rolled out by next year, to help plug the budget deficit.

The president is inheriting a recession, with rising unemployment and a huge budget deficit.

Italy is faring better economically than some neighbors and its budget deficit is among the lowest in the euro zone.

Reducing this risk means moving soon to restrain the long-term budget deficit so creditors are less likely to bolt.

The plan would cost fifty billion dollars, but he promised it would not add to the budget deficit over time.

Yet as a percentage of GDP the budget deficit is now far less than in the early 1990s.

The long-term budget deficit and debt projections are on an unsustainable path.

So this year's agenda is crowded with conservative concerns that might seem marginal in light of the state's whopping budget deficit.

But now that he is no longer there to say no, the non-oil budget deficit is unlikely to fall back below 10 per cent of GDP.

Britain is still an outlier in terms of its budget deficit, which was a touch below 10% of GDP in the financial year ending in April.

Ireland's is lower but it has a large budget deficit so is adding to its debt at a rapid pace.

The country is running just a mild budget deficit and boasts the world's biggest foreign exchange reserves.

Such signs DO not bode well for Greece's ballooning budget deficit - already at about 4% of GDP, far higher than rules laid DOwn by the EU.

It only looks at the size of the budget deficit which is nothing short of madness in the current environment.

Increased government spending may be a good short-run fix, but it would add to the budget deficit.

At the White House, Mr Obama hailed a plan by a group of senators to cut the budget deficit and raise the limit.

Meanwhile, Portugal reported on Monday that its 10-month budget deficit widened from a year ago.

China, like most of the U. S. 's foreign creditors, wants serious action on cutting Washington's monstrous budget deficit.

Its budget deficit is so big it has led to warnings from the credit-rating agencies, in spite of the dollar's reserve currency status.

Tsunamis, Middle East crises, government shutdown threats and a looming budget deficit are all dampers on the market.

Ireland's central bank said the country would need to rethink plans to cut a bloated budget deficit.

Please describe a discretionary fiscal stimulation package that could be used that would not bring a budget deficit.

In terms of future productivity, this infrastructure deficit is as serious as our budget deficit.

Given the size of the U. S. budget deficit, why would any sane investor buy U. S. government paper?

France's budget deficit for 2010 is forecast to be 8%, closer to that of Greece (9. 3%) than Germany (5%).

Spending cuts could then be sold as a necessity rather than a choice, the only way to eliminate an unsustainable budget deficit .

As California wrestles with a horrendous budget deficit, the axe hangs over almost every area of state spending, from welfare to education.

Some form of further fiscal stimulus is needed, though estimates of the budget deficit next year already spiral above $1 trillion.

But the nation should go much further, particularly in light of the large budget deficit projected several years from now.

The tax cuts could boost the U. S. economic growth rate by a half percentage point or more in 2011, but they also widen the budget deficit.

Moody's, a rating agency, has cut its credit status to a notch above junk, worried that measures to tackle its budget deficit will not last.

As Turkey inches closer to a deal for a loan from the IMF, it is under pressure to reduce its budget deficit and revamp its tax system.

budget Rising budget deficit is beginning to bite.

America's large budget deficit is, after all, primarily the result of the economic slump that followed the 2008 financial crisis.

His outrage is, of course, also partly self-serving: France is once again preparing to bust its Maastricht-stipulated budget deficit limit.

Arnold Schwarzenegger gave details of spending cuts needed to help close California's budget deficit.

America's priority should be to craft a medium-term plan which puts the budget deficit on a downward path without snuffing out the recovery.

President Barack Obama has vowed to cut the country's budget deficit in half by the end of his first term.

One, we will reduce the budget deficit and the amount of long-term development treasury bonds issued by an appropriate amount.

But it has not said how it expects to reduce the budget deficit if its pump-priming measures take effect.

But with a budget deficit estimated at $1, 400bn in fiscal year 2010, which began on Oct 1, it is only going to last a few more weeks.

In the late 1990s, when the budget deficit turned into a fat budget surplus, President Clinton again ignored his original investment agenda.

Spain, which is trying to emerge from a steep recession following a housing bubble, is running a 11. 2% budget deficit.

Inflationary pressures have vanished, unemployment is at an historical low level, and the much talked-about budget deficit has been erased.

Even before the crisis, the US, and for that matter the UK, faced a burgeoning budget deficit.

The American government, which plans to run a budget deficit of 12% of GDP this year, has called on its Group of 20 partners to do more.

That could change if the government proves unable to tackle its budget deficit, likely to be 8% of GDP this year.

Its budget deficit is about one-half that of Greece.

Now, the budget deficit represents only around 2 per cent of GDP, close to its historical norm.

Indeed, the Congressional Budget Office estimates the U. S. budget deficit will swell to record levels next year, rising to $438 billion.

It would be Russia's first budget deficit in a decade marked by surpluses.

And by the time I'd moved on, I was actually covering a third of my agency's budget deficit with speaking fees.

Greece's budget deficit for 2009 is expected to come in at close to 13% of its gross domestic product, far above the EU's ceiling of 3%.

The portion of a country's budget deficit which is due to economic swings, with budget positions tending to deteriorate as economies . . .

The only exogenous variables that affect the budget deficit are government spending and the tax rate.

Despite the large budget deficit President Obama inherited, dealing with the current crisis required increasing the deficit substantially.

The reductions don't erase the Treasury's expected overall borrowing needs as the U. S. budget deficit remains estimated at $1. 8 trillion.

Britain is currently running a budget-deficit of nearly 12 per cent of GDP, one of the largest in Europe.

Investors remain skeptical of European countries' abilities to solve budget-deficit woes in a slow-growth environment.

The plan could net up to $27. 8 billion dollars over the next ten years, with roughly a third of it going to reduce the budget deficit.

The mayor is still battling with a budget deficit .

China's announcement of a smaller-than-forecast budget deficit for 2009 generated little market reaction and less analyst commentary.

Greece is unlikely to meet the terms of its bail-out, which requires it to cut its budget deficit to 7. 6% of GDP this year.

The Greek government said it would miss its budget-deficit targets for this year and next, blaming the country's deepening recession.

Faced with a billion-dollar budget deficit, Michigan expedites the release of some prisoners. Could more states be close behind?

The budget deficit could swell further over the next few years.

The euro zone's No. 4 economy, Spain has an unemployment rate of 19%, a deflating housing bubble, big debts and a gaping budget deficit.

Now Mr Yanukovich will be able to reduce his budget deficit without risking his support.

Its net debt is bigger as a share of GDP and it has a primary budget deficit (ie, before interest payments), whereas Italy has a surplus.

Thai Permanent Secretary Ministry of Finance is that this round of the 2012 floods could lead to an increase in the budget deficit.

Today, U. S. consumers have more mortgage and credit-card debt than they did five years ago, and the U. S. budget deficit is worsening.

The news is not all good: India's budget deficit is still large.

A rising budget deficit could constrain the next administration.

Worries about the size of America's budget deficit and fears about the potential politicisation of the Federal Reserve are rising.

The budget deficit leads to general deficiency in decent incomes, defective products, and finally the decay and decline of the nation.

Few economists would blame either the Bush or Obama administrations for running some degree of budget deficit during economic downturns.

In Washington it is a bagatelle: about what the feds spend in three days, or less than 2% of the predicted budget deficit for this year.

Boehner said this week the joint House-Senate committee considering ways to cut the budget deficit should not allow tax increases.

Mr Obama receives his lowest approval ratings for his handling of the federal budget deficit.

The fund has withheld a tranche of an agreed bail-out loan, part-financed by the EU, because of a ballooning budget deficit.

"A fiscal programme that increased the structural budget deficit would only make confronting those challenges more difficult. "

Todays biggest story, besides the U. S. budget deficit, is the dispute at the local automobile factory.

A budget deficit of about 12 per cent of gross domestic product is understandable as a short-term reaction to a huge financial crisis.

So if you're truly horrified by the budget deficit, why not propose tax increases as part of the solution?

Mr Cowen's cuts are the first steps in a five-year austerity programme meant to close a huge budget deficit.

'The budget deficit will reach at least 7% of gross domestic product' in 2009, Mr. Medvedev said.

The problem is not the federal budget deficit per se, huge as it is.

Mr Obama's many tax and spending pledges can scarcely be reconciled with the grim reality of the burgeoning budget deficit.

On Wednesday, Ireland's Prime Minister Brian Cowen announced measures to cut the biggest budget deficit in Europe.

Generous public-sector pensions strike many as a good place to start closing the yawning budget deficit.

An immediate problem facing Mr Emanuel when he enters office in May will be the city's budget deficit.

On the surface, the government has made great strides to cut its budget deficit.

Portugal's banks may be healthier than Ireland's, but the countryis mired in slow growth and a large budget deficit.

Economists expect the nearly $900 billion tax package to boost economic growth and increase the size of the budget deficit.

There is now a clear danger that each country across Europe is attempting to reduce its budget deficit by cutting expenditure.

Given the size of the slump, a temporary increase in the budget deficit is justifiable.

Their approaches will help make the budget deficit one of the most striking figures to watch on Monday.

If interest rates rose because foreign investors lost their appetite for risk, or if the economy slowed, the budget deficit would widen.

Unlike Greece, Italy's budget deficit is not out of control.

Secondly, the control of the budget deficit. The United Kingdom's financial deficit GD.

Optimists say that demand for Greek bonds will revive as its budget deficit falls and confidence returns.

By now, a huge budget deficit has long been expected but the tax increase measures have been surprisingly moderate.

That is why Mr Obama now needs to produce a credible plan to tackle America's vast budget deficit.

US President Barack Obama has unveiled his 2012 budget, describing the proposal as a down payment on future cuts to the US budget deficit.

Other measures include raising value-added and business taxes, with an overall goal of eliminating the country's budget deficit by 2016.

USD bulls will look for some indication that the US government is serious about cutting the burgeoning budget deficit.

This country suffers from an unsustainable budget deficit, high inflation, severe banking problems, and political unrest.

Dubai, with few natural resources of its own, expects a budget deficit of 2 percent of GDP this year.

The increase in the budget deficit could be much smaller and more easily reversed than is the case with President Obama's stimulus package.

Shortfalls have to be covered by the government, worsening the budget deficit.

Amid such caution, the impact of bad news on the budget deficit could be limited beyond a knee-jerk reaction, they argue.

millions of pounds of equipment at bargain basement prices to try to plug a budget deficit.

Can America establish long-term discipline over spending and its budget deficit?

Before the crisis Spain's structural budget deficit was well within allowable limits and its debt levels were falling.

Members noted that these movements reflected renewed concerns about the budget deficit and generally nervous market sentiment.

Democrats in Congress say spending for the new bill will not add to the federal budget deficit.

It must control the budget deficit, the pound is firm, stop business card printing and membership card making notes and implement a tax cut.

In recent months the US government's budget deficit has widened thanks in part to the Obama administration's costly stimulus plan.

It has a big budget deficit and deep structural problems (more than half of Portuguese adults left school at the minimum leaving age).

Russia posted its first monthly budget deficit in November as falling oil prices and slowing production battered the economy.

He is pursuing budget cuts and tax increases designed to quickly tame the U. K. budget deficit.

The debate is over the importance of reducing the budget deficit and the goal of a balanced budget.

Ireland brought in an emergency budget to raise taxes and cut spending so as to curb its mushrooming budget deficit.

Mr Lucas calls them "schlock economics" , contrived to justify Mr Obama's projections for the budget deficit.

The budget deficit of around 10% of GDP is no longer cyclical; part has become structural.

The government plans to sell up to 49% of Aena, in a drive to reduce Spain's budget deficit.

Moreover, the government is bounded by the large budget deficit and no longer adaptable to changing situations.

The private sector remains so weak that an early and sustained attack on the budget deficit could push the economy back into recession.

Asian stocks have risen after Spain announced plans to cut its budget deficit, easing worries that Europe's debt crisis could spread.

That was just weeks before a new government in Athens disclosed the country's budget deficit was far worse than believed.

Its new government now says that the budget deficit would be 12. 7% of GDP this year, far higher than its previous forecasts.

Fiscal inflation is due to excess government spending, for which the budget deficit is a reasonably good proxy.

Rebuffing offers of foreign aid does nothing to tackle a dangerously rising budget deficit.

It is seeking to meet the budget-deficit reduction targets that it agreed to when it accepted a bail-out.

The CDU wants to keep taxes high to help reduce the budget deficit.

Would another dose help by boosting demand or hurt by widening the budget deficit and risking higher bond-market interest rates?

Under draft proposals for pruning America's budget deficit, mortgage interest will enjoy fewer tax advantages.

But right now, increased government spending is just what the doctor ordered, and concerns about the budget deficit should be put on hold.

Three years ago, European countries were required to have a budget deficit of less than 3 percent of GDP to qualify for EU membership.

Policy makers responded by shifting their focus to the budget deficit, raising taxes and cutting spending.

Germany breached the euro's budget-deficit ceiling of 3% of GDP, but eliminated its deficit by the eve of the crisis.

The fuss started earlier this month, when President Nicolas Sarkozy announced a list of cuts to curb the budget deficit.

And like America, Spain has seen its budget deficit balloon thanks to plunging revenues and recession-related costs.

Yet, under the gaze of the rating agencies, he has not given up his efforts to curb the budget deficit and improve competitiveness.

Japan was already struggling to rebuild economic growth and reduce its budget deficit and government debt.

Hungary is particularly hard hit. Last year it had Europe's largest budget deficit, with most of its overspending on social benefits.

The difference is a result of subsidies, frustrating India's efforts to reduce its budget deficit.

Labour's plans would halve the budget deficit and remove the bulk of the structural deficit in four years.

Worse, the adverse trends look set to continue next year as a result of the government's plans to slash the budget deficit.

Mr Loevinger acknowledged the US would face questions from Chinese officials about its high budget deficit.

President Barack Obama wants to raise taxes to ease America's budget deficit, but he has promised to soak only the rich.

Once the US stimulus expires, and the budget deficit starts to narrow, global demand will settle at a new lower level.

What are two situations in which most economists view a budget deficit as justifiable?

So far this year the government has passed fourincreasingly stringent austerity packages aimed at reducing the budget deficit.

France is running a high budget deficit (8% in 2010), which is closer to that of Greece (9%) than Germany (5%).

The President and the Congress worked together to reduce the budget deficit.

Over the past year, Greece has halved its budget deficit and formulated plausible plans to head for budget balance.

In this regard, he urged the governments at various levels to cut their own administrative spending to partly meet the budget deficit.

He also said that after two years when the economy recovers, the country can overhaul the tax code and the budget deficit.

This week, Prime Minister Silvio Berlusconi plans on holding a vote on austerity measures meant to wipe out the budget deficit by 2014.

Spain is barely growing and it too needs to tackle a budget deficit likely to be around 9% of GDP this year.

Mr Rajoy wants to cut business taxes to generate growth and jobs, but must also meet tough budget-deficit targets.

Now, you can see Africa's total debt there and the U. K. budget deficit for reference.

Spain too can point to a shrinking budget deficit and less stressed banks.

In 2010 the budget deficit will be at least 32% of GDP and the public debt is almost 100% of GDP.

The German government has total debt of 65% of GDP and a projected budget deficit for 2009 of around 0. 5%.

Increased savings could also help the government as it chips away at the budget deficit and tries to balance its books.

This week, Congress reached an agreement that's going to allow us to make some progress in reducing our nation's budget deficit.

Second, it gets the direct benefit of employee contributions, helping to reduce the budget deficit.

Portugal's debts are also less onerous than Greece's but the country's meager growth is making it harder to reduce its budget deficit.

One possible response is to finance the US budget deficit with short-term financing.

Admiral Michael Mullen, America's top military officer, has called the budget deficit the single biggest threat to US national security.

Greece is on target to cut its deficit to 8% of GDP this year. Spain too can point to a shrinking budget deficit and less stressed banks.

Everyone should be responsible to shoulder the budget deficit .

Bill Clinton's first 100 days will be filled with momental battles over the budget deficit and health care reform.

The Treasury's recent forecasts for the budget deficit, due to rise next year to 8% of GDP, were dismal.

So the presentation of the budget deficit figure is somewhat misleading.

Papaconstantiou says those measures? shaved 40 percent off Greece's budget deficit during the first quarter of this year.

At the same time, the United States has a massive budget deficit that shows no sign of disappearing.

So far this calendar year, the reported US Treasury budget deficit is annualised at US$1, 300bn.

Spain is running a budget deficit and needs consistent access to fresh financing to cover gaps and to repay maturing loans.

Any eurozone member that violated the 3 per cent budget deficit rule would be punished.