Deficit in example sentence
Clinton's Second Term And The American EconomyNEW HAVEN: Bill Clinton could not have asked for a better election year economy: unemployment averaging 5.2%, the lowest since 1973; 10.7 million new jobs since 1992, a gain of 9%; inflation steady at around 3%; a stock market booming and low interest rates; consumer and business confidence high; the budget deficit cut four years in a row, falling 63% to $107billion, 1.4% of gdp.