But he insisted that nothing he planned would raise the deficit "by a single dime".
And such a stimulus would cut against the grain of reducing the debt and the deficit.
Minutes later, Hayes slotted over two penalties for Glasgow to cut the deficit to six points.
Mr. DIMSDALE: Yeah, well he's threatening to veto it, because it does make the deficit worse.
The taxes the Democrats want would, if enacted, fund just 10 days of the deficit.
Not to reduce the deficit, but to give more tax cuts to millionaires and billionaires.
In a budget that claims to reduce the deficit, where is all this money coming from?
And should economic activity drop 10%, the deficit would be greater than 15% of economic activity.
In other words, unlike most deficit reduction packages, sequestration would actually reduce the deficit.
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Walder then pulled the deficit back to 16-13 with his second penalty shortly before half-time.
And the deficit disappears by 2021 if spending is limited to 2 percent annual growth.
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This graph from the OBR report demonstrates how the deficit is affected by different assumptions.
It increased the deficit in 2011 and it increased it in a number of ways.
He said that he would use that money to help pay down the deficit.
Allowing taxes to rise and slashing discretionary spending would sharply reduce the deficit, all right.
Even without a tax-code overhaul, Congress could eliminate some tax breaks to reduce the deficit.
But the government needs revenues as well as spending cuts to get the deficit under control.
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"After the deficit has been halved, it will still be at 6% of GDP, " he said.
And that's why I proposed specific steps last night to bring the deficit down.
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It argues that cutting rates could spur demand for imported goods and add to the deficit.
So federal spending will need to fall in the years ahead to reduce the deficit.
Low growth got us into the deficit problem, and only high growth can get us out.
FORBES: $10 In Spending Cuts For $1 In Tax Increases? No Thanks.
Cardoso Pinto reduced the deficit with a penalty after White broke from a scrum early.
Some of the Republicans want to spend lots less money and reduce the deficit.
While chipping away at the deficit is important, the drop is a mere 6%.
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Now he says we won't use that money to help pay down the deficit.
Thus preventing the tax cuts from expiring for all but the wealthy adds to the deficit.
Bernanke acknowledges the danger of reckless spending, yet the Fed has been underwriting the deficit.
Attempts to cut the deficit by 3.2% of GDP in a year will make things worse.
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