budget-deficits

The EU is likely to crack down on excessive government budget deficits, which could prompt Italy to leave the currency regulation, it said.

Roosevelt was no ideologue. He had denounced the budget deficits of his Republican predecessor when running for president in 1932.

To do this over the next five years means an average improvement in structural budget deficits of 1 per cent a year in G20 countries.

Only a bit of this extra debt is down to the budget deficits run up in recession.

He said he is committed to working with both Republicans and Democrats to cut the country's burgeoning budget deficits.

He said budget deficits are "a general problem for almost all the wealthy countries. "

To be sure, most of any increase in national savings will come from a reduction in budget deficits.

The US can act to tame budget deficits and set our economy on a sound footing for the next prosperity surge. Or not. It is our choice.

Any lasting increase in rates would make it more expensive for the U. S. to finance those big budget deficits.

In an era of massive budget deficits, and rising Chinese power, the US will have to think harder about its priorities.

The banks can no longer afford to fund budget deficits, yet they cannot afford to see governments default.

of the 1980s and early 1990s, however, the federal government continued to run substantial budget deficits.

One of the main causes of budget deficits in industrial countries, particularly in Europe, has been burgeoning public expenditure.

To be sure, the US government is increasing its budget deficits to put a floor under demand.

US President Barack Obama has laid out his plan for reducing record budget deficits and mounting national debt.

'There are a lot of issues to be sorted out with government budget deficits still too high. '

and higher but more realistic borrowing rates might have curbed the budget deficits.

This comes at a time when most European governments are slashing spending on science as part of larger efforts to plug budget deficits.

Like it or not, the main support for world demand has come from the budget deficits of advanced countries.

Under the constitution, "structural" budget deficits (ie, those adjusted for the business cycle) have to be cut gradually almost to zero.

State government is in an even worse mess, with budget deficits stretching to the horizon and high and persistent unemployment.

Germany's muscular economic recovery is evaporating its own budget deficits, putting it in the best position to lead the initiative.

On the latter point: traditionally, the U. S. government ran significant budget deficits only in times of war or economic emergency.

Mr Obama is warning that there will be years of trillion-dollar budget deficits ahead.

Bondholders would shun the debt of the departing country, and funding of budget deficits and maturing debt would be suspended.

But if governments had to lend immigrants the money, the idea would not do much at first to reduce budget deficits.

Among the other risks: Persistent unemployment will mean less tax revenue, making it harder to chip away at federal budget deficits.

To hear the G-20 tell it, the U. S. and other top countries had better slash those budget deficits before the world comes to an end.

If the private sector rebounds of its own accord, unemployment will fall and budget deficits will decline.

The idea of imitating France, with its budget deficits and sickly manufacturing sector, seems bizarre.

Pew also asked people how they would like to see states close their budget deficits.

In Europe, governments from Greece to the United Kingdom have begun cutting spending and raising taxes to reduce budget deficits.

Making investments in reform now, investments that will dramatically lower costs, won't add to our budget deficits in the long term.

The US could then maintain its recovery only by continuing to run large budget deficits and again tolerating debt-financed consumer demand.

At the EU's insistence, the peripherals' priority is to slash their budget deficits regardless of the consequences on growth.

He notes that Greece and Ireland were given until 2014 to cut their budget deficits to 3%, a year longer than Portugal.

The net amount of money needed by a government to finance budget deficits and maturing debt.

They thought that budget deficits would stimulate growth under all circumstances, not just those of a deflationary depression.

The stability and growth pact was designed to limit budget deficits, but nobody believed its sanctions would be enforced.

Rich European countries may need up to $1 trillion to cover their budget deficits and bank bail-outs.

In all of these countries, therefore, increases in budget deficits were too small to offset increases in private sector savings.

A world depression has been prevented by rock-bottom official interest rates and a leap in budget deficits in western countries.

A showdown looms with other European Union members, especially Germany, over the stability-pact rules for reining in budget deficits.

As they struggle to reduce huge budget deficits, western politicians almost everywhere are in thrall to global capital markets.

The big question is whether the economic momentum will be sustained next year when advanced economies rein in their budget deficits.

The fix will require the United States to find a solution to its budget deficits while doubling present household savings rates.

German Chancellor Angela Merkel is lobbying European countries that have large budget deficits to follow suit.

Under Bill Clinton, Rubin championed reducing budget deficits, deregulating finance, and opening foreign markets to private investment.

Budget deficits will remain high by historical standards as the population ages and healthcare costs continue to rise, the agency said.

The Senegalese government meanwhile still relies on its traditional allies, led by France, to finance yawning budget deficits.

Spending cuts tend to reduce budget deficits more effectively than tax increases, so these should not be delayed.

But there were concerns around the G20 that the rush to reduce budget deficits would undermine recovery in the near term.

Over the past year China has pulled off a feat that seems remarkable in an era of commonplace double-digit budget deficits.

What stands in the way is not economics but misconceptions about budget deficits that are exploited for partisan and ideological purposes.

As for the U. K. auction, it means that there will be less demand for those assets because of the increase of budget deficits.

Fiscal policy can say, "No you don't. If you try to save, we will dissave on your behalf via budget deficits. "

The list of the indicators being discussed includes countries' trade deficits or surpluses, budget deficits and levels of debt.

Ensuring this happens is as great a challenge for these governments as protecting their tottering banks and slashing their budget deficits.

S. would be under pressure to show it was putting in place policies to address sky-high budget deficits.

And he has shown himself willing to run large budget deficits now, even while scheduling substantial tax increases for the future.

First, run up large budget deficits to make up for plummeting private demand in the recession.

In this view, the promise to tackle budget deficits has had a liberating effect on private spending by reducing uncertainty.

Record federal budget deficits stemming from the government lending in the crisis could challenge the stability of the U. S. dollar.

That prospect should now add greater urgency to the task of reducing the projected growth of our budget deficits.

Other European countries may be downgraded as their economies enter recession and budget deficits balloon.

In the mid-1980s, large current account deficits and a sharp dollar decline helped produce initial cuts in budget deficits.

China would like to focus the meeting on the need for developed countries to reduce their budget deficits.

But some critics blame his strong support of tax cuts for increased budget deficits in the United States.

Like most developed countries, the big euro-zone economies depend on lenders to constantly refinance their large budget deficits.

It was a good article because it argued that when budget deficits are cut the poor are at greater risk.

But there are concerns that increasing budget deficits and a return to inflation could stall the economic recovery.

Countries in difficulty should adopt the "normal policy mix" of reducing budget deficits and improving their competitiveness.

Nationally, low household savings coupled with huge federal budget deficits means that the country's overall savings rate is negative.

Other governments have struggled to get budget deficits under control in the last few years.

The politicians know these huge budget deficits are a great wrong, but still they do nothing about it.

It is no secret that the wars in Afghanistan and Iraq have contributed to the debt and to budget deficits.

In it, Mr. Obama pledged massive government spending, increased taxes on corporations and the wealthy and large budget deficits.

The intervention comes with long-lasting costs, among them huge budget deficits that could eventually push up inflation and interest rates.

As recessions worsen, losses in tax revenue and higher jobless spending will offset some projected improvements to budget deficits.

Budget deficits in the recession phase can be and should be offset by surplus in boom years.

Californians, who in recent years have endured an energy crisis, the collapse of the dot-com economy and budget deficits.

Governments can prop up economies temporarily, but rising budget deficits are not a route to sustainable growth.

European Union supervision of national budget deficits, recently mooted, aims to counter domestic politics.

We found ourselves in a vicious circle of rising budget deficits and falling investor confidence.

However, Obama is also likely to find his foreign policy constrained by domestic opinion, record budget deficits and geopolitical realities.

Democrats object to keeping tax cuts for the rich at a time when the government is struggling with deep budget deficits.

Each has some combination of big budget deficits and high public debt, though none is as financially stretched as Greece.

Strong German industrial data and signs that Spain and Greece were making progress in trimming budget deficits earlier lifted the euro.

Both Ireland and Portugal had hoped that bold efforts to cut budget deficits would appease bond markets and clear their funding channels.

Excessive budget deficits, left unattended, risk weakening our markets and sapping our economic vitality.

However, the government's growing budget deficits will limit its ability to continue to prop up the economy through greater public spending.

These typically include cuts in budget deficits, often by slashing public expenditure, or increases in interest rates.

Recession, bank rescues and fiscal-stimulus packages have sent budget deficits soaring, and those effects will linger.

Moody's said it acted because of Japan's large budget deficits and buildup in government debt since the two thousand nine global recession.

But he is also one of the most ardent champions of the idea that cutting budget deficits will itself boost growth.

Second, with budget deficits still gaping and lots of short-term debt coming due, many governments' financing needs are rising.

Hard decisions on spending, entitlements and taxes in countries with large budget deficits are unavoidable.

Make no mistake: persistent large budget deficits are a significant problem.

Budget deficits have soared during the crisis, and are expected to hit more than 10% of GDP in both Britain and America.

But when it comes to controlling budget deficits, the commission is determined to assert itself.

In all five countries, as budget deficits grow, worries that public finances may get onto an unsustainable path are rising (see article).

Europe's budget deficits are largely a result of the continent's festering banking crisis.

Republicans claim to be deeply worried by budget deficits.

Executives may remain reluctant to add workers as governments from Spain to Greece step up efforts to push down budget deficits.

The Reserve Fund was specifically designed to bridge budget deficits during difficult times and currently contains about $130 billion.

Measures to tackle budget deficits were met with protests, especially in Greece, which endured strikes and riots.

It probably has "less time than commonly supposed" to close its budget deficits and avert a debt crisis, Eichengreen warns.

In all the recent debate over budget deficits, few people have noticed that America has started saving again.

While Obama sees job creation as his top priority, the scope for further steps to boost the economy is limited by record budget deficits.

It must regain control over expanding budget deficits, which are driven largely by entitlement spending.

One goal would be to control budget deficits for euro area countries.

Worse, bigger budget deficits and borrowing requirements will increase the US need for foreign capital.

governments that still have large budget deficits , notably in central and eastern europe , must wield the axe.

It is the OMB, rather than the Treasury, that allocates government spending and estimates the size of future budget deficits.

The hard work will begin in January. New Republican governors will face budget deficits and high unemployment.

The results are lower unemployment rates, smaller budget deficits, much lower poverty and smaller trade deficits than in the US.

In general, numerical rules for the budget deficits should be avoided.

They have concluded that cutting budget deficits and balancing budgets is a sure-fire formula for widespread prosperity.

John Edwards has suggested that he is not over-concerned about budget deficits but has provided few details.

They have smaller budget deficits, on average, than rich countries, and inflation rates remain historically low.

This result allows us to explain many possible combinations of changes in current accounts and budget deficits that we have observed.

Ireland's budget deficits grew sharply after it guaranteed the bad loans of the country's biggest banks.

Even these rates would be higher if these countries hadn't acted to cut long-term budget deficits.

Yet with voters increasingly worried by trillion-dollar budget deficits, that route is harder.

If they're right, they will have made a head start on closing their enormous budget deficits.

Never mind that, in the process, we have been running record federal budget deficits.

Weeks of negotiations have failed to yield a so-called "grand bargain" to trim U. S. budget deficits by $4 trillion over 10 years.

It also includes money to the states to help them patch up budget deficits.

Both are "heroes" because both ran budget deficits and created new agencies to regulate the economy.

It was also enhanced by a series of large US budget deficits.

He urged all E. U. member states to adhere to strict financial criteria aimed at reducing budget deficits.

Most, with the exception of India, have small budget deficits; some even have surpluses.

But most countries entered this downturn with small budget deficits or even surpluses.

First, in normal times, the scale of government budget deficits affects the composition but not the level of output.

The government said it will keep budget deficits contained as it tries to maintain the solid public finances of recent years.

If these economies all decide to reduce their budget deficits, what will drive global growth?

Others, however, worry about the burden that large budget deficits will place on future generations.

Elena Salgado, the finance minister, wants regional governments to do their bit by limiting their budget deficits to 1. 3% of GDP this year.

Leaders at the G20 summit in Canada have agreed to cut national budget deficits without stunting economic growth.

Nor is there much sign that Japan's gaping budget deficits have crowded out private investment.

In Rome, Madrid and elsewhere, the sums relating to national debt, budget deficits and state spending need to start to add up.

How did Republican leaders reconcile their purported deep concern about budget deficits with their advocacy of large tax cuts?

It follows a meeting of EU finance ministers earlier this week to discuss cuts in budget deficits.

Given the need to reduce budget deficits, governments will be looking to reduce health-care expenditure or increases taxes.

We are trapped by our handouts and welfare support, and the price is unfeasible budget deficits and mounting debt.

So let's talk about the long and the short of budget deficits.

We need not threaten the recovery by immediately slashing budget deficits.

That trend could exacerbate debt problems by affecting sales tax and other revenues governments need to close gaping budget deficits.

And there are numerous examples, notably the US in the 1990s, where reducing budget deficits contributed to enhanced economic performance.

It is not unreasonable to worry about the size of current budget deficits.

Thus budget deficits surge and become unsustainable.

Nonetheless, at some point we'll have to rein in budget deficits.

Growth could slacken in 2010 as government measures come to an end , and as the focus shifts to cutting budget deficits .

Coincidentally, governments also need to fund their budget deficits.

Greece admitted to bigger-than-expected budget deficits.

Now, G-20 members are divided on topics like reversing budget deficits and taxing financial speculation.

Government Budget Deficits in Open Economies, Social Science Publishing Inc. , Beijing, China, December 1997, 160 pages.

Reduced income and tax collections are the most critical cause of unacceptable budget deficits now and in the future.

A fiscal policy of incurring budget deficits to stimulate a weak economy.

"Greenspan resorted to debt creation and budget deficits to bring demand and supply into balance, " he says.

Many economists take a much calmer view of budget deficits than anything you'll see on TV.

The speech followed months of political battles over how to lower federal budget deficits and the fourteen-trillion-dollar national debt.

But they will still have huge budget deficits, demanding ongoing budget austerity.

Topping the list is fear that budget deficits will cause a fiscal crisis any day now.

A plan promoted by host Canada will have the most advanced countries cut their budget deficits in half by 2013.

S. in both regards. Our economic management is so lax that we can't confront farm subsidies or long-term budget deficits.

In times of economic downturn, the risk of budget deficits will re-emerge.

Finally, there is scope for expansionary fiscal policy in the US and Europe, despite large budget deficits.

Senate Republicans in particular have balked at spending more when the government is already saddled with record high budget deficits.

What we have lost, the list suggests, is a world without dissent, budget deficits, inflation and labor unrest.

Budget deficits will end up at levels previously considered unimaginable. So be it.

Because of budget deficits, there is significant risk that aid budgets will either be cut or not increase much.

Recent budget deficits were as high as 14 percent of GDP, taxes are mostly ignored, hairdressers retire on state pensions at age 50.

They must also allow countries with high unemployment, such as Spain, to run budget deficits.

It is based on the size of current-account balances, budget deficits, credit growth and inflation.

We face budget deficits in the hundreds of billions and are nearly $10 trillion in debt.

Budget deficits have been reduced slightly since 2009 but this is largely because strong growth has boosted tax revenues.

And they say it would only increase budget deficits that are already high.

Germany's newish constitutional "debt brake" will require the country's structural budget deficits to stay below 0. 35% of GDP from 2016.

But worries were soon aired about the sustainability of large budget deficits : America's hit more than $1. 4 trillion.

France, which has run budget deficits since 1974, is adopting austerity.

Successive Greek governments ran chronic budget deficits, and the Greek banks lent to the government.

Supporting Merkel's approach, the G-20 endorsed a halving of budget deficits by 2013 as the target.

Secretary Gates, who is retiring this year, indicated that the United States is exhausted by a decade of war and mounting budget deficits.

One is that it amounts to monetary financing of budget deficits, which in turn leads to inflation.

It is clear that developed country budget deficits are too large.

The members also pledged to keep their budget deficits under 3 percent of GDP, although there are no enforcement mechanisms.

Extending those provisions would worsen budget deficits by as much as $5 trillion over 10 years, CBO said.

Spain's financing needs over 2011-13 to cover its budget deficits and its debt maturities are estimated at 350 billion euros ($467 billion).

He has called for tighter control to eliminate budget deficits.

creating money to boost markets that also has the convenient side-effect of funding budget deficits.

Why are budget deficits and trade deficits sometimes called the twin deficits?

Among French politicians, it can mean dirigisme, and putting growth ahead of budget deficits or inflation.

It's one of only six states that didn't run budget deficits in 2009.

Others, such as Mr Lardy, predict large budget deficits and worry that China might run into trouble issuing enough new bonds.

The "eurozone rot is caused by divergence of competitiveness over 13 years, not budget deficits" .

Some countries' budget deficits have soared to 10% of GDP.

Never mind, let's talk about the evils of budget deficits.

Most rich economies, including the euro area's most troubled, have large budget deficits and so will be adding to their debts for years.

The lesson for us is that massive budget deficits and cheap credit are, at best, necessary stopgaps.

Budget deficits for the region as whole in 2009 swelled to 6. 4% of gross domestic product from 2% the year before.

According to very optimistic estimations, within ten years, they will continue to run budget deficits, ' he said.

As in Greece, the IMF has been pressing highly indebted countries such as Spain to reduce their budget deficits.

Germany demanded a cap on budget deficits of 3% of GDP.

The G-20 calls for members to slash their budget deficits.

Do you accept the administration's claims that health-care reform won't increase budget deficits?

We've got a war going on in Iraq, we've got budget deficits, we've got yadda-yadda-yadda.

This is why federal budget deficits are stimulative.

The more genuine source of tax uncertainty is related to the government's long-run budget deficits.

Should the government have a permanent policy of running large budget deficits?

There is something that is not understood about budget deficits.

Euro aspirants must show that they can keep their budget deficits below 3% of GDP and cap their debt ratio at 60%.

Second, tactics: is it more important to start by cutting budget deficits or by raising interest rates?

a list of measures that would reduce America's budget deficits by $1. 2 trillion over the next ten years.

The long-term budget deficits in these countries can't -- except maybe in Japan -- be funded internally.

Propping up demand may therefore require more persistent, and sustained, budget deficits than in Japan.

A pact to cut budget deficits is achieved at the cost of a growing democratic deficit

The United States will cut its spending on national security as the country tries to curb trillion-dollar budget deficits,

E Countries with the largest trade deficits never have similarly large national budget deficits

Preserving Monetary Stability in the Face of Budget Deficits

The inflationistas look at budget deficits and monetary base, and see severe inflation and soaring interest rates as the obvious outcome;

Greenspan Cautions Against Rising Budget Deficits

A countries with large national budget deficits tend to restrict foreign trade

Massive budget deficits in periphery

Analysis on Benefit and Loss of Risk of Budget Deficits