deficit

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

The average deficit over the next decade is now expected to be 5. 1% of GDP, compared with an average of 4% in the original budget.

Even so, such rebates will raise the deficit sharply relative to how much they boost growth.

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

He said the U. S. 'has better stuff to do, ' including lowering the deficit and creating jobs.

He said the country needs an immediate push to exports in a situation where trade deficit has crossed over 30 percent.

But if the money must be accounted for in the federal budget, Bush would have to retreat from his pledge to slash the deficit in half.

The bilateral trade deficit is often if wrongly cited as a contributing cause to American unemployment.

In Michigan a man in a President Obama mask robbed a bank. Either that of President Obama has an exciting new plan to reduce the deficit.

And, he said the United States will not be able to control its deficit if it cannot control health care costs.

The White House game plans seem to be: Get a health-care bill through and argue that will reduce the deficit by slowing health-cost growth.

The president said the economic crisis has forced his administration to make investments that will expand the nation's deficit and debt.

There is no sign yet that investors are panicking over the size of the fiscal deficit or the lack of any medium-term austerity plan.

The first direct evidence of a genetic link to attention-deficit hyperactivity disorder has been found, a study says.

But that would be a good thing for the United States, since it would make our goods more competitive and reduce our trade deficit.

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.

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.

So a U. S. consumer who buys what is often considered an American product will add to the U. S. trade deficit with China.

Cutting the deficit would force her to scrap some of the social promises she had made to voters.

Even if the US were to do so, it would not change the size of the US trade deficit, only its composition.

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

This could seriously diminish the chances of a significant deficit reduction deal to be reached over the next two weeks.

But since the adoption of a single currency, devaluation is no longer available to correct an unsustainable current account deficit.

How much the deficit is reduced over the next decade is of secondary importance in this regard.

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 country with a persistent current-account deficit might be expected to see its currency fall over the long term.

The president said he is prepared to make "tough decisions" in order for the United States to cut its trade deficit in half by 2013.

The currency of a surplus country will, all things being equal, rise in value, while that of a deficit country will sink.

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

He did not heed the warning signs as household savings fell, a current-account deficit persisted and a budget shortfall emerged.

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.

"We begin from a position of a structural deficit. Adding to that structural deficit can only increase the problems subsequently, " he said.

The court seems to think the EU has a "democratic deficit" that is best filled at the national level, not through the European Parliament.

Contrary to what you often hear, the large deficit the federal government is running right now isn't the result of runaway spending growth.

Historically, it is argued that deficit financing in the 1930s did not turn around the Great Depression, and the argument is correct.

Some argue that Twitter is a form of digital narcissism, the toy of the moment for an attention-deficit-disordered culture.

With the money you save you could help pay back some of the deficit, help pay for the Olympic Games or help the elderly'.

The budget watchdog refused to estimate how large the deficit would be with a stimulus until it had more detail.

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

But an incoming government would then have to map out a credible plan to slash the deficit over the next four- or five-year parliament.

He said the pain of reducing the deficit had to be evenly spread.

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

whether it was the cause of climate change or the fact of climate change, the size of the deficit or the culprits to blame for the deficit.

Houston found a way to rally back from an early 10-point deficit, and Brooks and Landry closed it out.

Unless the United States were starved for capital, savings and investment would balance just as easily without a trade deficit as with one.

A third disaster might be a huge financial crisis perhaps involving a collapsing dollar and a brutal reduction in the US external deficit.

I've been getting a few e-mails and tweets recently asking how much of the deficit is the result of bailing out the banks.

Mr Bush touted his handling of the economy and said he would meet his target, initiated in 2004, of cutting the deficit in half by 2009.

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

"FAO will scale up its support on a number of low-income food deficit countries, especially those facing prolonged crisis, " he said.

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

The US would be far better served if it faced up to why it is confronted with a massive multilateral trade deficit.

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

The rest of the world would consider Britain to be "completely mad" if the government abandoned its deficit reduction plans, he said.

This tsunami will bring with it a corresponding surge in the U. S. trade deficit and, with it, a rise in U. S. unemployment .

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.

He said Japan's tight fiscal profile, with its huge deficit, is a 'limiting factor' in putting together its stimulus plan.

I hated to give up the middle-class tax cut, but with the deficit numbers worse, there was no choice.

However, "the Wall Street Journal" pointed out that if the deficit continued to widen, Lehman Brothers, may need to raise more funds.

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

Spain, which has a bigger current deficit but relatively modest promises to its citizens, shows up in Gokhale's calculations at 244%.

On the deficit he said, We've got to collect taxes to eliminate it, but if anyone had a better idea, I'm all ears.

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

He wants to cut the deficit at least as quickly as Labour intended before the general election (ie, to halve it in four years).

Mr Obama said he would veto any budget-busting bill that puts the entire burden for reducing the deficit on "ordinary Americans" .

The first took place in 1937, when Franklin Roosevelt mistakenly heeded the advice of his own era's deficit worriers.

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

Much of it will have to come from slowing the growth rate of medical spending, which is the main cause of the long-term deficit.

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

Even so, how much credit would you expect Democrats to get for reducing the deficit?

Slowly and grudgingly the US may finally be starting to close its deficit as well after years of naive Keynesianism and fiscal opportunism.

We're also going to have to look at how do we, over the long term, get control of our deficit.

Obama said the backup plan was an important fallback in case lawmakers cannot agree on a broad deficit reduction plan.

Europe is not in the position of the United States, with a huge foreign debt and a $450 billion current account deficit.

The instant response was as though the UK could not fund its deficit, as the Bank of England warned this week.

But exports rose to $178 billion, pulling the trade deficit to its lowest level in three months, said the Commerce Department.

But the tsunami may have made obvious what markets had long assumed. Japan will get out of this mess by monetising the deficit.

Though the U. S. is still burdened with a large deficit, officials argue that its ambitious stimulus program has helped spur growth.

White House officials said the overhaul should be revenue-neutral: neither raise additional revenue nor add to the deficit.

There was an increased risk of ADHD (Attention Deficit Hyperactivity Disorder), anxiety and depression as well as aggressive behaviour.

The three parties accept the Treasury's assessment about how much deficit reduction will be necessary.

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

Rather, we suggest that this loss may reflect, at least in part, a deficit in the integration of local orientation information.

He said the U. S. faced a series of difficult decisions about how to lower the deficit and invest in the country's future.

We're in rough agreement on how much spending we need to cut to reduce our deficit.

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

With regard to the second, the data do not at present favor the hypothesis that dyslexia is the result of a magnocellular 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.

Anyway, the rest of the world may not be ready to handle a drastically smaller U. S. trade deficit.

Thanks to its population growth and the dollar's role as a global currency, America has more fiscal room than any other big-deficit country.

Once forced to discuss deficit reduction, he said he preferred tax increases to spending cuts.

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

So the Obama team believes that for the next 18 months or so, it would be a mistake to let deficit concerns steer government fiscal policy.

At least the monetarists propose cutting rates and expanding the money supply and the Keynesians promote deficit spending.

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

Assuming that the recovery continues, that would be enough to get the deficit back to a prudent level.

And while deficit reduction has to be part of our economic strategy, it's not the only thing we have to do.

Although painful, patience is the better choice: in time, the employment numbers should go his way; not so the deficit.

but elections are won in the centre and, with the federal deficit bulging, reforming the state could be one of the main issues next year.

They brought her to the Lawlis and Peavey Center for tests to determine if she had attention deficit disorder or some form of schizophrenia.

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

That would be worse for our deficit, worse for business, worse for you, and worse for the next generation.

The Federal Commission on Fiscal Responsibility and Reform said the program will run a $600 billion deficit during the next 10 years.

China's cheap currency and vast trade surplus, which matches up nicely with America's gargantuan trade deficit, are easy to blame.

S hopes its deficit can end up in a few years after it scales back its stimulus spending.

Economic recession and years of deficit financing policy of the United States total public debt has accumulated.

The German inclination is to believe that everything would be fine if deficit countries were placed under greater discipline.

The decision of Greece, and its bankers, to ask Beijing for cash to fund its yawning fiscal deficit should come as no surprise.

Any such notice of termination by SNC shall not relieve Customer of any obligations arising out of any deficit balance.

There was a brief moment when a large scale deal, with $4, 000bn of deficit reductions over the next decade, seemed possible.

The legislation, while far from perfect, ensures at least $2, 200bn in deficit reduction over the next 10 years.

But that's where we are, and Mr. Donziger is trying to become the Next Big Thing in fixing the balance of payments deficit.

George Bush may have done the same thing for the Republican Party. He turned a surplus into a gigantic deficit.

This will be the defining moment of the new coalition, as the chancellor sets out his long-term plan to rein in the deficit.

He did not rule out tax hikes to cut the deficit, once the U. S. economy is growing.

On its definition of deficit-cutting, the fund finds that fiscal contraction tends to reduce GDP and increase unemployment.

That makes it a tempting target for deficit-cutting finance ministers.

The White House said that the bill would be deficit neutral, with increased costs to be offset by savings and the new taxes.

Its vast current-account deficit has started to shrink, meaning that America is no longer pulling along the rest of the world.

But some other conservatives, more deficit-hawkish and less tax-focused, see a VAT as one of the less unpalatable of a menu of bad options.

Republicans pushing for even faster deficit-slashing rarely add that this guarantees more pain for families, businessmen and investors.

But it looks as if the regional financing deal will add another percentage point of GDP to the deficit.

Other plausible cuts, meanwhile, are either not large enough to alter the long-run deficit picture, or risk stalling the recovery.

The panel was set up in August to thrash out a bipartisan agreement to reduce the deficit.

Demands for a German-style "golden rule" deficit cap have long been a mantra for Mr Rajoy's People's Party (PP).

The rising private sector surplus is only partly being offset by an increased government deficit.

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

This was both a dig at America (with its big current-account deficit) and a statement of startling complacency.

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

Such a deficit occurs when the total payments leaving a country are greater than money in receipt entering from abroad.

"It seems we may have corrected some sort of motor learning deficit in the diseased mice, " Pearce said.

As HSBC says: "After many years of deficit, we anticipate that the platinum market will swing into a surplus . . . in 2009. "

To determine the consequences of sleep deficit, researchers have put subjects through a set of psychological and performance tests.

Does he use those revenues to pay for the new healthcare reserve, or to close the deficit in outlying years?

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 failure by Congress's joint select committee to produce a deficit plan was greeted with widespread disappointment, but little shock.

The millionaires argue that over-burdening the middle-class with taxes to pay for the U. S. deficit would be far worse for the economy.

Crucially, the manufacturing trade deficit seems to be coming down.

Despite the collapse of the deficit talks, credit rating agencies did not signal any intention to lower their ratings for US debt.

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

As they note, trade imbalances, both China's surplus and America's deficit, have recently been much smaller than they were a few years ago.

When demand outpaces supply in an open economy it is more likely to show up in a current-account deficit than in inflation.

It was applied to a fiscal revolution, licensing deficit finance to pull the economy out of depression.

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

We do have a deficit that I was asked by the President to head up a commission to try to deal with that deficit.

In the absence of a neurological deficit, canal compromise should not be considered a factor supporting surgical intervention.

But if commodity prices were to ease, the current account deficit could deteriorate rapidly, leaving Brazil on the verge of a debt crisis.

China can't rule out the possibility that it may run a trade deficit for a few months this year, he added.

Another important lesson was that deficit countries outperformed surplus countries.

Such a cut would increase the deficit by much less than the current stimulus bill, while likely producing a larger boost to employment.

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

Either way, cutting the deficit is likely to be one of his hardest tasks.

The US deficit with China, America's most politically sensitive trade partner, continued to swell in June, rising to a 21-month high.

Replacing one unelected prime minister with another might have seemed a democratic deficit too far, forcing an early election.

The bad news is that the United States continues to run a large and unsustainable trade deficit with China, she said.

Consider that the next time some deficit hawk in the U. S. shrieks about the state of U. S. finances.

After all, the currency has no yield support, a continuing trade deficit and the prospect of endless fiscal deficits.

Raising taxes is the only way of ensuring that the cost of deficit reduction is shared among all income groups.

During the 21st century, one of the greatest challenges facing human beings is a deficit of grain and its quality improvement.

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.

Even a debt restructuring would not resolve the problems of lack of growth, lack of competitiveness and a large current account deficit.

But the subsidy is such a small part of overall public spending that eliminating it would barely move the needle on the deficit.

The puzzle is compounded by the fact that the world ran a persistent current-account deficit for at least three decades until 2005.

The U. S. is a net debtor with an aging population, weaker economic growth and risks of continued monetization of the fiscal deficit.

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

For some reason, we're prepared as a society to tolerate a deficit in automobiles between South Korea and Japan of $45 billion a year.

The administration itself has no plan to balance the budget. Its own budget forecasts a trillion-dollar deficit as far ahead as 2019.

Summary of Background Data. Spinal tuberculosis associated with any neuro deficit is usually treated by surgery.

She added that the deficit spending was out of control, and said she thought it was putting the country at risk.

And the economic recession and years of deficit fiscal policy makes the United States total public debt has accumulated.

I do not. Of course the deficit matters. But it should be a policy variable rather than targeted to meet a dim accountant's idea of balance.

Rep. Jim McDermott, D-Wash. , said Republicans ignore the fact that the law would not add to the federal deficit.

The U. S. trade deficit with Japan narrowed slightly for a while, but then took off again.

Especially when in the next breath we ask them for a few billion dollars more to finance our deficit.

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%.

Income disparity and the trade deficit are likely to be big issues in the next congressional and presidential elections.

But the Fund has no leverage on the US as a deficit country and has never had leverage on countries in surplus.

"I'm going to be willing to make some very difficult choices in how we get a handle on this deficit. "

In January the U. S. ran a wider trade deficit, and much of that was due to a 5. 1% jump in nonoil imports.

The deficit-reduction plan is front-loaded: more of the pain of adjustment is planned for the coming fiscal year than any other.

one of the six has resorted to publishing his own plan to cut the deficit through equal measures of spending cuts and tax increases.

So it was the bad judgment of the elite, not the greediness of the common man, that caused America's deficit.

With a huge current account deficit and a collapsing currency, the UK has an emerging-market-style problem on its hands.

The deficit was much wider than expected as imports continued to surge, especially in automobiles and consumer goods.

But a lesson fromItalyandSpainis that bond markets worry as much about economies' ability to grow as the size of their deficit.

He established a bipartisan commission on the deficit, but failed to pick up and run with its recommendations.

Unless he is prepared to cut spending, Mr Zapatero can only keep his promise to cut the deficit to 3% of gdp by raising taxes.

China's monthly trade balances will continue to be in or near deficit for the rest of the first half, spokesman Yao Jian predicted.

The debate over whether the Obama administration should emphasise job growth or deficit reduction is only the most recent example.

Even optimists predict growth of no more than 3%, higher inflation and a fiscal deficit of at least 3%.

Some worry that China's pension fund might have a deficit. Some are calling for the retirement age to be extended.

The United States is deep in deficit, with military spending one of the few areas where cuts are conceivable, though not desirable.

Mr. El-Erian and Pimco founder and co-CIO Bill Gross say that the package did little to make a significant dent in the U. S. deficit.

He did not rule out tax hikes to cut the deficit, once the U.

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

Next week George Osborne, the chancellor, will set out a comprehensive plan to tackle the UK's deficit in an emergency Budget.

A reserve currency is supposed to be a store of value; by running a huge current-account deficit America has left the dollar vulnerable.

A deficit economy, accompanied by huge explanation, has let us to think of money as product of the creative imagination.

Any tax cuts must not permanently increase the structural deficit and must be combined with a strategy to reduce it over time.

During the next five years, the US is expected to experience the fastest deficit reduction since the second world war.

So, too, could a spring budget that, like December's pre-budget report, failed to spell out a credible plan to reduce the deficit.

And , without a pick-up in drilling activity from current levels , this deficit could widen even further in 2011 .

But it will probably be a long time before the trade deficit comes down enough to make up for the bursting of the housing bubble.

The news could fuel eurozone politicians' fears about Europe's ballooning trade deficit with China and the threats posed by a strong euro.

I' d like to see more pro-saving policies in the US, and I think they would reduce the current account deficit.

He said Australia also needed to maintain relatively higher rates to attract foreign capital to fund its record $50 billion trade deficit.

The other route through which reducing the fiscal deficit can lead to a lower trade deficit is if it results in a lower-valued dollar.

The U. S. public debt and deficit, relative to the size of its economy, are the same as Portugal's.

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

But Mr. Gault said the trade deficit could improve in the coming months; imports may slow as consumer demand weakens.

China is likely to see a trade deficit in March for the first time, Chinese Minister of Commerce Chen Deming said in Beijing Sunday.

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.

The higher real rates and larger deficit would likely put a lid on the sustainability of any growth spurt.

Many of these new programs, using Build America Bonds, for instance, can be paid for with a minimal impact on the federal deficit.

The excess spending floods across the frontiers, generating a huge trade deficit and a corresponding outflow of dollars.

At this point we're factoring into the outlook no significant deficit reduction measures until after the election.

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

Experts said the Uzbek government is looking to cut budget spending in the current deficit conditions.

The burden of the adjustment will fall on trade-surplus countries, unless trade-deficit countries are willing to absorb a large part of it.

Trade - deficit countries did not co-operate , with the result that international trade all but collapsed .

If a stronger yuan did not cause Americans to save more, it would do little by itself to reduce the trade deficit.

When you think Greece is, what, 13 and a half percent of GDP, it is a big deficit to be carrying, a big, big deficit.

The White House says the president's plan will cut the deficit by $4 trillion over the next 12 years.

The solution is obvious: deficit countries must be allowed to refinance their debt on the same terms as surplus countries.

But the stimulus package only accounts for a part of the massive deficit the US federal government is projected to run this year.

Beyond saying that such a deficit is unsustainable, however, it is not obvious when a crisis point will be reached.

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.

To supply the world's risk-free asset, the country at the heart of the international monetary system has to run a current account deficit.

Hou Yifan cloacae was young and capsized, by the British ska players Hu deficit will be killed, out of regret.

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

The energy deficit, in both electricity and gas, means that businesses have to shut for part of each week, forcing many to go bankrupt.

Since the US has a current account deficit, the rest of the world is also, by definition, spending less than its income.

But that doesn't change the fact that the White House is aiding and abetting the dumbing down of our deficit debate.

We hoped to make up for that deficit by the awesome potential of nuclear weapons.

The findings support the idea that allergies have increased, at least partially, thanks to the deficit of bacteria in modern living.

The "structural" deficit is the gap between government revenue and spending that will have to be closed by higher taxes or lower spending.

He made an appeal to the Delegation to lift the so-called "trust deficit" with the Secretariat on that item.

Alas, our divided and distracted Congress doesn't seem to view deficit reduction as a pressing priority.

Also not without the truth, but I have always been " elders" intersection, that ate to have a deficit not repent.

European stocks rebounded from a six-week low as Ireland's government prepared to unveil a four- year deficit-cutting plan.

Given the lack of access to private markets, the deficit would have to be eliminated even more quickly without the official assistance.

Children that used to be troublesome now suffer from ADHD- attention deficit-hyperactivity disorder.

He did not rule out taxheighthikes to cut the deficit, once the U.

Xu: We do not have the money! Our overseas Chinese met the finance already to have the deficit!