Deficit in sentence

2808 examples of Deficit in a sentence

So these two programs will raise the annual deficit by 2.7% of GDP.

This officially projected increase in the annual deficit would be even worse but for the fact that the cuts in personal income tax enacted last year will lapse after 2025, reducing the 2028 deficit by 1% of GDP.

The official deficit projections also assume that the recently enacted increases in spending on defense and non-defense discretionary programs will be just a temporary boost.

These deficit-shrinking changes are unlikely to happen, causing the 2028 deficit to be 7.1% of GDP – two percentage points higher than the official projection.

If a deficit amounting to 7.1% of GDP were allowed to occur in 2028, and to continue thereafter, the debt-to-GDP ratio would reach more than 150%, putting the US debt burden in the same league as that of Italy, Greece, and Portugal.

It is clear from the forces that are widening the deficit that slowing the growth of Social Security and Medicare must be part of the solution.

Their combined projected addition of 2.7% of GDP to the annual deficit over the next decade is more than twice the officially projected rise in the ratio of the annual deficit to GDP.

But as the deficit increases and interest rates rise, the public and the Congress might return to this well-tried approach.

The main risk in 2006 is that America’s long-brewing problems come to a head globally: investors, finally taking heed of the large structural fiscal deficit, the yawning trade gap, and the high level of household indebtedness, may pull money out of the US in a panic.

But the wait for war adds to uncertainties that already weigh on the American, and the global, economy:uncertainties arising from America's looming fiscal deficit, due to macroeconomic mismanagement and a tax cut that the country cannot afford;uncertainties arising from the unfinished "war on terrorism";uncertainties associated with the massive corporate accounting and banking scandals, and the Bush Administration's half-hearted efforts at reform, as a result of which no one knows what America's corporations are worth;uncertainties connected to America's massive trade deficit, which has reached all- time records.

Rolling it over at higher rates of 4% or 5% would add more than $100 billion to the budget deficit.

The budget cost increases every year, as more of the debt rolls over – and that does not include agency debt and the large increase in the current-account deficit to pay China, Japan, and other foreign holders of US debt.

But reducing inequality requires higher levels of government spending and taxation (except when government is pursuing deficit spending to stimulate a depressed economy).

Hypothetically, if the US adopted Denmark’s universal free education policy, but kept its tax-to-GDP ratio unchanged, its fiscal deficit would exceed 6% of GDP.

So, just providing universal free education in the US would run the country’s deficit up to the highest level ever recorded in normal times.

Two reasons reveal why markets celebrated: Communists were more likely to deliver stable government than the right; and, Communists were determined to act on the huge budget deficit that cast the shadow of bankruptcy over an economy that would otherwise have qualified as the most successful major economy after Japan.

The Trade Leadership DeficitZURICH – For all the concern over trade flows and balances nowadays, the largest deficit the world must confront is one of leadership.

It must address its democratic deficit, implement sensible border and immigration policies, and shore up its financial foundations – tasks that will ultimately take decades.

America’s overall trade deficit will not disappear without an increase in domestic savings and a more fundamental change in global monetary arrangements.

The path marked out by the deficit hawks and austerity advocates both weakens the economy today and undermines future prospects.

The fiscal deficit is higher than 6% of GDP, the trade balance is negative, and public debt – albeit lower than in all other European countries except Germany and the Netherlands – is nonetheless 80% of GDP.

Now France's blatant flaunting of the EU's Stability Pact, which caps deficit spending at 3% of GDP, is speeding Europe to an important crossroads that threatens to undermine both European monetary union and the euro itself.

The EU's smaller countries, in particular, are furious with France over its stubborn refusal to play by the EU's deficit spending rules.

The tax cut will put France's fiscal deficit over the 3% limit three years in a row--at an estimated 4.5% of GDP for 2004--because it will not be financed by offsetting cuts in public expenditure.

An orgy of deficit spending throughout the euro-zone economy is certain to result, as welfare state pressure groups in individual member states attempt to make up for prior restraint.

Moreover, once the constraints on deficit spending are off, a major incentive for badly needed structural reform in Europe will be removed.

Europe's politicians will be tempted to simply jack up the fiscal deficit to boost domestic incomes rather than undergo politically painful but necessary rationalization.

France then imposed a penalty tax on the province of Zeeland for running a sizeable fiscal deficit.

At the same time, a deficit in manufacturing may create more manufacturing jobs abroad, in countries where labor costs are low relative to capital; but it destroys relatively few jobs in the US, where manufacturing is already a highly capital-intensive industry.

To counter this deficit bias, federations in which states do much of the spending and the central government raises most of the taxes typically impose balanced-budget rules on subnational governments.

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