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Deficit in sentence

2808 examples of Deficit in a sentence

Cutting the deficit to 2% of GDP, for example, would cause the debt ratio eventually to reach 50%.
It is the mandatory programs that have grown rapidly, driving up the deficit.
That’s why I and others who think about shrinking the deficit focus on changing tax rules to limit the special features known as “tax expenditures,” which represent government spending built into the tax code.
Nothing to start shrinking the deficit will happen before this year’s presidential election.
But tackling the spending and revenue components of deficit reduction should be high on the agenda when the new president takes office next year.
Finally, Europe faces a severe governance deficit.
A fiscal rule is any pre-specified mechanism that constrains spending or the deficit.
If too tight – a constitutional amendment requiring a balanced budget, for example – the rule could create rather than solve problems: think of the economic and political chaos that would ensue if Spain, with unemployment at 21%, were forced to eliminate its huge fiscal deficit overnight.
Finally, despite China’s status as one of the world’s largest net creditors, it has been running a deficit on its investment balance for years.
This is already happening in the United States, where exports are above their previous peak while imports remain subdued; the current-account deficit is declining; and even net employment in the tradable sector is increasing (for the first time in two decades).
If that democratic deficit is unacceptable to the UK, it will be left alone, out in the economic cold.
Though Macron is by no means an obsessive fiscal hawk, he wants to narrow the French government deficit from 3.4% to 3% of GDP, in line with the ceiling set by the EU’s Stability and Growth Pact.
If they are right, one can only hope that America has a plan B.Meanwhile, commodity prices will continue to rise, with oil exporters now constituting the largest contributors to America’s gaping trade deficit.
Of course, that means closing the current account deficit, which has been about 1-3% of GDP, and that, in turn, implies further weakening of sterling.
So far, the trade deficit has improved; but, with sterling down roughly 25% on a trade-weighted basis for four years, the upward part of the J seems a little distant.
But core inflation (which excludes energy and food prices) has been above 2% for much of the recovery, and indirect taxes like VAT – imposed to reduce the fiscal deficit – have contributed to upward pressure on prices.
But the SGP's current rules discourage this kind of reform by prohibiting temporary increases in the budget deficit - even if they promise long-term fiscal consolidation.
The key is to select some comprehensive but operationally precise indicators of structural reforms, and then apply the same idea suggested by the Commission for public debt: countries that are making more progress on these indicators can get more leeway on their budget deficit.
But so does the SGP's current implementation - for example, in the conventions that define how budget deficit are measured and what qualifies as government revenue.
But if there really is a “democracy deficit,” as populists claim, the increased use of referendums is no cure for it.
With annual purchases amounting to twice the deficit, it has become hard to speak of a “market” for government debt.
But this will not be enough: even if Puerto Rico makes no debt payments in the short term, its primary deficit implies that it will still need to take steps that would depress economic activity.
But none of these is the deficit that really matters.
The deficit that prevents Europe from drawing a line under its crisis is a deficit of trust.
Taming Capital Flow VolatilityBALI – “Today it is a sin to run a current-account deficit, and that is crazy,” lamented Singapore Deputy Prime Minister Tharman Shanmugaratnam at the annual gathering of the International Monetary Fund (IMF) and the World Bank in Bali this month.
Ministers who could boasted of their balanced current accounts, while officials from deficit countries were treated like reprobates.
The same logic applies to a developing country, which in order to escape poverty should run a deficit and borrow while still poor.
And yet deficit countries are treated like sinners, because running a deficit makes a country dependent on notoriously fickle foreign capital.
Contrast that with the 30% of Americans who approve of his handling of the economy, or the scant 26% who back his approach to the federal budget deficit.
Under tremendous strain, Tymoshenko’s government succeeded in keeping the budget deficit under control.
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