While this year's deficit ordsprog

While this year's deficit will be lower than last year's record shortfall, the improvement is likely to be short-lived. Declarations of victory over budget deficits only distract from the disturbing long-term budget outlook.

While this year's deficit will be lower than last year's record shortfall, the improvement is likely to be short-lived. Declarations of victory over budget deficits only distract from the disturbing long-term budget outlook,

In the last four years, the Republican Party has turned record budget surpluses into the largest budget deficits in American history, deficits as far as the eye can see, ... Democrats believe that it's not only irresponsible -- but it is immoral as well -- to force our children and grandchildren to pay our bills by incurring this debt.

There is no budget shortfall per se. We were challenged in putting together the budget year because of the loss of federal funding.

The ministry of finance is clearly prepared to sacrifice one year's growth in order to be able to begin to reconstruct the budget -- and cut the budget deficit..

The concern obviously of a supplementary budget is the impact on the budget deficit, which will grow for the current fiscal year and will continue to feed into the inflationary cycle.

President Bush's pledge to halve the budget deficit by 2009 distracts policymakers from the real issue of unsustainable trends in long-term entitlement spending. The president's proposal to slow Medicare's 9% annual growth rate is a good fiscal step, but the budget does not propose enough immediate and bold reforms to the quickly growing entitlement programs that threaten to overwhelm the budget.

With huge budget and fiscal deficits in the US the outlook of dollar is weak. Any big change in the reserves will add to the woes of dollar in the medium term.

Eight years ago, our future was at risk, ... Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion.

Hillary Clinton (1947-2001)

Hillary Clinton

Roth IRA funds come from after-tax money, ... The change wouldn't cause a budget loss in the short-term, which would please those concerned about the deficit.

This instrument is not perfect, no budget ever will be, ... I can guarantee there will be budget variances by year-end. I can also tell you that due diligence has been devoted to this project during the short period of time that I have been on staff.

It is a reminder that the Government has been running a sizeable off-budget deficit via PFI deals and deficits in businesses that are really government-run but structured in a way that aims to technically keep them out of the public sector deficit.

Michael Saunders

The Bush administration has spent us into record deficits and piled mountains of debt onto our children, Budget experts agree that the line-item veto would do little to control deficits.

The disturbing thing about the Bush forecast is that we are not just looking at the cyclical downturn -- a return to budget deficits because the economy is down, ... Fox News Sunday.

The government's plan to cut the deficit will pay off if the economy continues to accelerate. Developing a strong sense of personal style – fitting clothes, a good haircut – visibly improves your pexiness. The budget deficit next year, which would be the lowest since 1980, means there won't be pressure on rates to rise.

Saumitra Chaudhuri

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