deficit reduction

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

THE deficit-reduction deal that finally raised America's debt ceiling and staved off the threat of default seemed to make no one happy.

It's true. The sensible economic policy would be more stimulus now and major deficit reduction in a few years.

Thus, congressional cuts to aid in the name of deficit reduction are an easy vote, but a cheap shot.

And second, that the federal government would not impose an adequate long-term plan to address deficit reduction in the coming years.

It would be wrong to overstate this friendship between job growth and deficit reduction: this is not an argument for a free lunch.

Through the plan, a special committee would be formed to go through the deficit-reduction measures.

As for the US, more short-term stimulus is needed, though this must be accompanied by a credible long-term deficit reduction plan.

But Mrs Thatcher's efforts at deficit reduction were accompanied by sharp falls in short-term interest rates and a currency depreciation.

Officials say Mr Biden will explain the finer points of a "very strong deficit reduction package" agreed by Congress.

HOWARD MCKEON: "National defense has contributed enough to deficit reduction. "

Those who still argue for an abandonment of our deficit reduction plan should reflect on the journey this country has taken.

Mr Babcock says some subsidies are set to expire and it's hard to see them surviving deficit-reduction efforts.

After the tax presentation, Roger Altman and Larry Summers argued for a short-term stimulus package to go with the deficit-reduction plan.

If the world were run by economists, deficit reduction would be a very complicated balancing act.

But the administration has resisted being pinned down on concrete deficit reduction.

Taxes did go up for the rich, but large public investment plans were quickly ditched in favour of deficit reduction.

Much of the deficit reduction is done through economic assumptions that are brighter than private forecasts, analysts said.

In coming years deficit reduction will be hard enough, with the recession-induced collapse in tax collections and the cost of the bail-outs.

A more salient division is over how the deficit reduction will be split between cutting expenditure and raising taxes.

Normally the whip to get a deficit-reduction deal is fear of the bond market's producing a spike in interest rates and borrowing costs.

But deficit-reduction was going to be an imperative whatever the political colours of the new government.

It is hard to see how Mr Obama's plan will survive the new committee on deficit reduction.

The fact is, we didn't need a rating agency to tell us that we need a balanced, long-term approach to deficit reduction.

While I was mulling it all over, we moved on to a discussion about how to achieve the deficit reduction we needed.

Without serious deficit reduction, the balance of effects of a temporary stimulus is a much harder question.

The president has urged Congress to pass an alternative deficit-reduction package of targeted spending cuts and revenue hikes.

Mr Obama wants a commission to propose a deficit-reduction plan that would have to pass Congress without amendment.

Amid headlines about a "lost generation" , voter support for deficit reduction may be tested, suggests the minister.

It was and is the clearest and boldest deficit-reduction strategy outlined for any major economy.

In the name of deficit reduction, the House budget guts a range of foreign-aid programs that benefit poor countries.

Under Mr Obama's proposed budget only a quarter of the planned deficit reduction comes from tax hikes.

On the fiscal front, deficit reduction measures must be undertaken to reduce expected future outlays.

No rational person believes that serious deficit reduction can be accomplished without any rise in tax revenues.

The president made deficit reduction a footnote in his speech Thursday night.

So raising taxes on the very rich could make a serious contribution to deficit reduction. Don't believe anyone who claims otherwise.

But sooner or later some deficit reduction plan will have to be agreed.

He vowed to veto any deficit reduction package that cuts benefits to Medicare recipients but does not raise new revenues.

If the world were run by economists, deficit reduction would be a very complicated b al ancing act.

Finally, Mr Obama must negotiate now for a credible, long-term deficit-reduction programme.

President Barack Obama will join the fray with a key speech on jobs and deficit reduction on Thursday.

A serious deficit reduction programme could be attached to that increase.

America needs to complement its short-term tax cuts with an agreement on medium-term deficit reduction.

Rather, it is designed to be unpalatable, to spur responsible, balanced deficit reduction and avoid misguided cuts to our security.

"We will achieve our revenue and deficit reduction targets for this year, " he told the Financial Times in an interview.

He also played down any differences in policy between the US and Europe regarding deficit reduction.

Mr Osborne hasn't shied away from his deficit reduction goals.

Many will ask whether Mr. Obama can actually pull off the deficit reduction he promises.

America cannot wait for ever to rein in its debt. It needs to lay out credible plans for medium-term deficit reduction.

No. This amounts to helping the economy regain enough momentum to then take deficit reduction in its stride.

He is facing stimulate the economy, boost employment, control government spending and deficit reduction difficult challenges.

Here, Mr Cameron fits neatly into an emerging European view that deficit reduction is the top priority.

After the elections, a Conservative-Liberal Democrat coalition pushed through tough deficit reduction plans.

But this strengthens the case for a credible deficit-reduction plan.

Rich economies where public debt burdens are soaring urgently need bold and credible plans for medium-term deficit-reduction.

Obama has ready-made areas that appeal urgently to both parties: education, trade, Afghanistan and deficit reduction.

To avoid it, America's leaders should commit now and in detail to implement deficit reduction once the economy has strengthened.

Mr Obama has promised to deliver his own deficit-reduction plans to the committee on September 19th.

President Obama's deficit reduction plans sets the stage for a fractious political battle regarding the $14. 3 trillion debt ceiling.

Even in tax-hating America, some two-thirds of voters support deficit-reduction plans that include higher tax rates for top earners.

Nevertheless, Mr Lew maintains that the administration's resolve on deficit reduction is clear.

What recommendations the president's bi-partisan "fiscal commission" will make regarding deficit reduction.

Congress needs to be serious about deficit reduction, and it also needs to be serious about foreign policy.

Broadening the tax base is good, but raising taxes on corporations or capital-gains is a poor approach to deficit reduction.

This week will see EU and IMF officials return to Athens to examine the country's progress on its deficit reduction plans.

Thanks to Greece's sovereign-debt crisis, which has terrified politicians, stimulus is out and deficit reduction is in.

Yet even as the country bleeds, it is not meeting the deficit-reduction targets set as terms for its bailout.

Even then, more stimulus should be considered only if a deficit-reduction plan is in place.

Still, the news left a clear impression: deficit reduction may be easy.

Even with Geithner in favor of deficit reduction, Republicans accuse the administration of not going far enough.

Bentsen, Altman, Summers, and Panetta bought the bond-market argument and believed deficit reduction would accelerate economic growth.

Democrats say a one-sided approach to deficit reduction would stunt national progress and harm the vulnerable.

Deficit reduction phases in slowly under the agreement, which is something, but those needed temporary provisions are nowhere to be seen.

A year ago Mr Obama set up a deficit-reduction commission, which duly produced a sensible report at the end of last year.

Britain's coalition government gets about 75% of its deficit reduction from spending cuts.

The threat of blunt and unpleasant action was supposed to encourage preemptive deficit reduction.

Britain's coalition government gets about 75% of its deficit reduction from spending cuts.

The threat of blunt and unpleasant action was supposed to encourage preemptive deficit reduction.

Meanwhile, a bipartisan "Gang of Six" senators are labouring towards their own deficit-reduction package.

Mr. Obama has tried before to offer deficit reduction initiatives for more cooperation on job creation.

This should not slow the deficit- reduction negotiations.

The Co-Chairs of the Joint Select Committee on Deficit Reduction released a statement.

After nearly six hours, we were headed in the deficit-reduction direction.

Another finding by the economists bears on a separate aspect of Obama-nomics, deficit reduction.

We believe that these goals fit within an overall commitment to deficit reduction.

On the fiscal side, for better or worse the new prime minister appears wedded to deficit-reduction efforts.

On the fiscal side, for better or worse the new prime minister appears wedded to deficit-reduction efforts.

Each supports Mr Sarkozy's deficit-reduction targets, but refuses to approve his plan to write a deficit rule into the constitution.

The plan recommended a total of $3, 900bn in deficit reduction by 2020, with a three-to-one ratio of spending cuts to tax increases.

Even as we negotiate a broader deficit reduction package, Congress should extend middle-class tax cuts right now.

Unfortunately, many members of Congress are not listening. The debate thereis focused on deficit reduction, not job creation.

"We're entering an era of deficit reduction, " Adams said. "I'd put money on it that defense budgets will be cut. "

Democrats and Republicans agree on the amount of deficit reduction we need.

It is the president's fourth package of deficit-reduction ideas this year.

The US's own effort to broker a deal for long-term deficit reduction has been lurching from crisis to crisis itself this year.

One other surprise emerged from the three-hour debate: all the candidates embraced deficit reduction.

One other surprise emerged from the three-hour debate: all the candidates embraced deficit reduction.

Greece will get its next tranche of loans in November, even though it is bust and will miss its deficit-reduction targets.

Congress has now voted to extend the US debt ceiling and undertake major deficit reduction.

The core of the president's plan totals just over $2 trillion in deficit reduction over 10 years.

The deficit-reduction programme goes beyond what the markets might reasonably have demanded.

In the current economic moment jobs and deficit reduction are friends, not enemies.

So, for political protection, its members now want to deliver a simultaneous, large deficit reduction package.

Instead, Obama focused on deficit reduction! He talked about the super-committee, and the need for tax reform.

Appearing on "Fox News Sunday, " Plouffe said that upper-income Americans need to contribute to deficit reduction.

The bipartisan Joint Select Committee on Deficit Reduction will make a recommendation by Nov. 23 to deal with future deficits.

The bipartisan Joint Select Committee on Deficit Reduction will make a recommendation by Nov. 23 to deal with future deficits.

Deficit reduction is popular in principle but will enrage lobbies.

But the effort has gained traction as time for achieving a deficit-reduction deal is running out.

So freezing federal pay is cynical deficit-reduction theater.

Letting tax cheats run wild doesn't exactly serve the cause of deficit reduction.

He has also proposed writing a deficit-reduction rule into the constitution.

Our commitment to deficit reduction will discipline us to make hard choices, and to avoid overreach.

The task of deficit reduction will fall somewhere in the distant future.

The more the central bank is expected to offset the deficit reduction's adverse effect on spending, the more likely this is to happen.

More durable deficit reduction means reforming both the tax system and entitlements such as pensions and health care for the elderly.

More durable deficit reduction means reforming both the tax system and entitlements such as pensions and health care for the elderly.

Politics within the government can help or hinder deficit reduction.

Deficit reduction will now take priority.

Theyalso believe that deficit reduction is the goal Obama is least likely toachieve as president.

Even with the swingeing new measures, the government will miss its targets for deficit reduction.

Congress is debating a new deficit-reduction bill.

Clinton goes for broke on deficit reduction.

As it happens, he was a member of the bipartisan Bowles-Simpson deficit-reduction commission set up last year by Barack Obama.

Overall projected deficit reduction totals more than $1 trillion over 10 years.

The eventual agreement was short of the $4 trillion in deficit reduction Mr. Obama proposed at one stage in the talks.

In America, paradoxically, the Greek crisis has, if anything, removed the pressure for deficit reduction, by reducing bond yields.

The stark truth is that deficit reduction and elimination require the cutting of expenditure and the raising of revenue.

To show I was serious about deficit reduction, I invited Alan Greenspan to sit with Hillary in the First Lady's box in the House gallery.

Yet some economists said that the deficit-reduction effort was greater because of upward revisions to the 2010 deficit estimate.

Deficit-reduction targets were relaxed because of slower growth.

In fact, it wasn't really a deficit-reduction plan.

This is why an overt commitment to deficit reduction should be made now.

I don't see many people on either side as being serious about deficit reduction.

The minimum target for deficit reduction is $1. 2 trillion.

The pace of deficit-reduction in 2011 will be too fast.

Is it not incongruous to fashion a 10-year deficit reduction package which adds stimulus at the start?

I believe we should work together to build on the more than $2. 5 trillion in deficit reduction we've already achieved.

They can pass a balanced plan for deficit reduction.

She deferred hard questions, such as how to square tax cuts with deficit reduction, until after the NRW election.

It called for $4, 000bn of deficit reduction over 10 years.

Guido Westerwelle, who is both the FDP's chairman and the foreign minister, now says that deficit reduction takes precedence.

That marked a reversal from last year's summits, which centered on deficit reduction.

Last year, I signed into law $1. 7 trillion in deficit reduction.

DEFICIT REDUCTION IS NOT THE ENEMY OF JOBS

Meanwhile, a separate group of six senators is struggling to produce its own, bipartisan, agreement on deficit reduction;

Establishes a bipartisan process to seek a balanced approach to larger deficit reduction through entitlement and tax reform;

Throughout the rich world battle lines are being drawn in the coming fight over deficit reduction

Weekly Address: Averting the Sequester and Finding a Balanced Approach to Deficit Reduction

more time for weak economies to meet deficit-reduction targets,

ESTABLISHING A BIPARTISAN PROCESS TO ACHIEVE $1. 5 TRILLION IN ADDITIONAL BALANCED DEFICIT REDUCTION BY THE END OF 2011

Joint Select Committee on Deficit Reduction