We have more than a trillion dollars in deficit reduction -- two-thirds from spending cuts.
When Congress engages in deficit spending the Treasury auctions off T-Bills to pay for it.
We were in deficit nearly every single year, in good times and in bad.
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This internal adjustment might involve inflation in surplus countries and deflation in deficit countries.
It is, as usual, in deficit, necessitating foreign grants, borrowing and the sale of state assets.
It is a false setup to suggest that somehow a dollar in deficit reduction is a loss.
For those interested in deficit reduction, these tax cuts would dwarf any spending cuts in the GOP agenda.
If governments' accounts included future liabilities such as unfunded pension obligations, most budgets would still be in deficit.
It forecasts that the cyclically adjusted current budget will be in deficit when the next cycle starts in 2006-07.
The latest idea in deficit reduction may have you shaking in your spikes.
It is already clear that the Pension Fund will, at least until 2025, remain in deficit says a government official.
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China's overall trade balance was in deficit in the first three months of this year, thanks to strong import growth.
It was demonstrated with his 2012 budget proposal, a trillion -- a more than a trillion dollars in deficit reduction.
And that still remains just a small -- a relatively small portion of the overall achievement in deficit reduction thus far.
When the government spends in deficit during recessions, it is not borrowing cash to buy something it could not otherwise afford.
In Britain the Pensions Regulator, which oversees corporate schemes, recently relaxed its guidelines to help funds that are heavily in deficit.
The public deeply believes in deficit reduction even as it opposes the very spending cuts and tax increases required to achieve that goal.
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Indeed, one reason that corporate-pension funds are in deficit is that they have been raided on so many occasions to fund early-retirement programmes.
Unlike the 50 states which comprise our union, our federal government can freely engage in deficit spending without a constraint to balance the budget.
When the federal government spends in deficit, this logically creates private sector surpluses ( Why the Private Sector NEEDS the Government to Spend Money).
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So the hope had been that weaker demand in deficit countries would be offset by faster spending from hitherto prudent German firms and consumers.
They point out that as market pressure has increased, governments have increasingly turned to growth unfriendly tax increases to fill gaps in deficit plans.
But they simultaneously refuse to say what government programs they want cut, resulting in deficit spending and mountains of debt being passed on to future generations.
And frankly, because state and local governments generally don't have the capacity to engage in deficit spending, some of that obligation falls on the federal government.
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Back to reality, it must be stressed that applied to our present economic situation, whether government spending is in deficit, balanced, or in surplus is immaterial.
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Almost all the growth in deficit has nothing to do with my Recovery Act, and has everything to do with the growing costs of Medicare and Medicaid.
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Most important, Coburn deeply believes in deficit reduction and seems to recognize that serious budget cutting is not possible without a mix of spending cuts and tax hikes.
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For much of the 1980s and early 1990s, state legislatures cut appropriations to their public universities because they were in deficit and wanted to spend money on other projects such as building new prisons.
The provincial government believes firmly in deficit spending.
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