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

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

This week President Obama said the obvious: that wealthy Americans, many of whom pay remarkably little in taxes, should bear part of the cost of reducing the long-run budget deficit.

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

Instead of promising to halve their budget deficits by 2013, for instance, big rich economies could decide to raise their retirement ages or free up their professional services.

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

The third and most disturbing delusion is that deeper structural reform is not necessary; everything will be fine if only Greece and other euro-zone laggards cut their budget deficits.

When asked why the provost replied that his institution faced a yawning budget deficit.

Coupled with our large trade deficit, the budget deficit required us to import tremendous amounts of capital every year to finance our overspending.

Thanks to its ongoing stimulus spending, which it is not proposing to trim, Germany's underlying budget deficit is forecast to rise this year.

Mr Bush was happy to expand government in order to maintain Republican hegemony so long as he could also cut taxes; that this meant a larger budget deficit was not a priority for him.

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

Studies also show a surprisingly large divergence between the level of euro-area debts and the sum of countries’ accumulated budget deficits.

As expected, the federal budget deficit is climbing skyward.

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

The United States' budget deficit is a serious problem, and there have been serious proposals to deal with it, such as those by the bipartisan Bowles-Simpson Commission.

Most other states have had to grapple with appalling budget deficits since then.

There may be other factors: much building was done hastily to prepare Montreal for the 1976 Olympic Games, and delaying road repairs is a favorite way to cut budget deficits.

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

Portugal, however, is slipping back: its budget deficit is likely to be bigger than last year, when it was 9.3% of GDP.

Populism’s standard-bearers today also thrive on the anger fed by financial chaos: bail-outs, bankers’ big bonuses and record budget deficits.

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

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

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

budget deficit造句

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

They propose an insurance system with premiums based on each country’s debt and budget deficit. The money raised would be used for loans to euro members shut out of bond markets.

Congress, the specialists say, should find additional money to pay for primary care and should not redistribute dollars among doctors - a difficult argument at a time of huge budget deficits.

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