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Deficit in sentence

2808 examples of Deficit in a sentence

For starters, Germany, together with the European Commission, can compel France to pursue deeper reforms in exchange for more time to consolidate its deficit.
Many have suggested that budget woes can best be held in check through fiscal-policy rules such as deficit or debt caps.
The Greek government, for example, projected in 2000 that its fiscal deficit would shrink below 2% of GDP one year in the future and below 1% of GDP two years into the future, and that the fiscal balance would swing to surplus three years into the future.
The actual balance was a deficit of 4-5% of GDP – well above the EU’s 3%-of-GDP ceiling.
Independent expert panels, insulated from political pressures, are responsible for estimating the long-run trends that determine whether a given deficit is deemed structural or cyclical.
Not only has Italy’s new prime minister, Matteo Renzi, ramped up anti-austerity rhetoric;France plans again to delay meeting its obligation to reduce its deficit to below 3% of GDP within two years, and is calling for more flexibility in implementing the eurozone’s fiscal rules.
The annual US budget deficit reached 5% of GNP, with an enormous part of the gap financed each year by Asian central banks, which now hold about $2 trillion in claims against America.
Huge tax cuts and rising military spending have fueled an enormous rise in imports, and therefore a yawning trade deficit now accompanies America’s weak fiscal position.
Since 2009, India has been expanding its deficit as a deliberate measure to counter its economic slowdown.
As the European Commission has proposed, the strengthened pact will have tighter deficit limits for heavily indebted countries.
Second, the International Monetary Fund, under the G-20’s “Mutual Assessment Process,” suggested that the United States cut its fiscal deficit by 3% of GDP more than planned – over $400 billion in additional cuts per year.
The US deficit for 2010 is roughly $1.3 trillion.
The proposed solution: a commission to recommend a path to balance the primary deficit (the deficit excluding interest payments) in 2015.
And, of course, the longer-term deficits, driven by baby-boomer retirements and rising health and pension costs per beneficiary, grow progressively worse thereafter (the commission will also recommend how to get the longer-term deficit under control).
Sixth, Budget Director Peter Orszag, the Obama administration’s leading deficit hawk – at least prior to joining the administration – has resigned (to be replaced by Jack Lew, a budget director under former President Bill Clinton).
Let’s hope that the late conversion to tough deficit rhetoric gets a lot of play.
Second, the CBO estimates that the law will add $1.45 trillion to the deficit over the next decade, which could trigger spending cuts to health-insurance programs for the elderly, poor, and disabled, such as Medicare and Medicaid.
Any cuts to them made in the name of deficit reduction will disproportionately harm the most vulnerable.
The monthly US trade deficit reached $54 billion in September, exceeding in nominal terms the deficits recorded every month from 2009 to 2017.
Meanwhile, because of the rapidly rising US budget deficit – a remarkable development in a country at full employment – an excess of spending power has spilled over into imports.
Obama can use his State of the Union message to flesh out a bipartisan strategy for narrowing the budget deficit to sustainable levels.
An even bigger question mark hovers over what might be the greatest national security concern of all: the federal budget deficit.
Failure to address the deficit (and the mounting debt) will create pressures to reduce what the US spends on foreign aid, intelligence, and defense – although Republicans are more likely than Democrats to protect such spending (except for foreign aid).
Whereas the public-sector deficit was 3% of GDP in the early 2000s, Germany runs a small surplus today, which is a perfectly reasonable reaction, as is the increase in private retirement savings.
The immediate consequences of this deficit are tremendously painful, and so are the long-term outcomes.
In 2014, as the Chinese economy slowed relative to the US, capital flows reversed, sending China’s overall balance of payments into deficit.
The US budget deficit has been on a downward trend for now, helped by both higher revenues and lower pressure on spending (for example, payments to the unemployed have fallen as joblessness has declined).
Beginning in the middle of that decade, however, the trade surplus for services increased significantly, while the deficit for goods started to expand.
President Donald Trump argues that the widening US external deficit reflects unfair international rules that benefit its trade partners, with China receiving the most attention.
First, until 1985, China had a trade deficit with the US.
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