Both Republicans and Democrats have admitted that any economic stimulus plan of this scale will mean a return to deficit spending.
If economic growth does not return, deficit reduction proves too painful or interest rates are much higher than we assume, the debt ratio is likely to spiral upwards until default becomes all but inevitable.
The President will lay out an economic plan next month and Congress will return to tackle the budget deficit and unemployment.
As long as our dollars stay abroad, they are gradually losing buying power, which effectively reduces the trade deficit if these dollars ever do return home.
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One reason why this system cannot go on much longer is that Asia's crisis of 1997-98 put the budget deeply into deficit and, unaided, it may not return to surplus.
Garcia-Lopez, who beat Rafael Nadal on the way to winning the Thailand Open in October, hit back to reduce the deficit - only for his service woes to return in game five.
To pay for his plans and get the deficit down to manageable levels, he would return top tax rates to where they were before George Bush cut them, extract more from the rich by capping their deductions, increase taxes on corporations and auction carbon-emission permits.
The Bulls, who lost all 11 matches last year, rallied superbly from a 17-12 half-time deficit to give new coach Rudy Joubert a perfect start on his return from Cardiff.
It was largely agreed that while the treatment plan would reduce the deficit, if all the prescriptions were taken at once, the economy could overdose and return to intensive care.
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In return for the bailout, Bangkok must meet certain stringent conditions -- such as reducing the current-account deficit and keeping inflation under control -- through a tough austerity program.
Whether the long-term deficit is closed ultimately by raising taxes or cutting benefits, that will mean the effective rate of return from the program will be lower, ultimately falling into the negative range for everyone.
Whether the long term deficit is closed ultimately by raising taxes or cutting benefits, that will mean the effective rate of return from the program will be lower, ultimately falling into the negative range for everyone.
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In return, the IMF wants Egypt to overhaul its finances, cut energy subsidies, raise taxes and reduce its budget deficit before offering support.
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