Plainly, economic growth makes policymakers' lives much easier. Growth reduces deficits automatically by increasing tax revenues and cutting spending on unemployment benefits and so forth. As the economy grows, deficits fall, debts become more sustainable, lightening the adjustment burden and reassuring investors.
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Deficits fall to 3.1% of GDP by the end of the decade, according to the plan, while debt as a share of GDP will rise to 77% over that time frame.
根据预算提案在10年内财政赤字将降到GDP的3.1%，而在同一时间段内债务将升至GDP的77%。
And with aging, health care cost increases, etcetera, the underlying chronic deficits will tend to rise, not fall.
随着老龄化的加重，医疗保健成本也会增加，等等问题。隐藏的长期赤字将会上涨，而不是下降。
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