The phrase "additional debt reduction" is correct and usable in written English.
It can be used when discussing financial strategies or plans aimed at decreasing existing debt beyond what has already been addressed.
Example: "The company has implemented a new financial strategy that focuses on additional debt reduction to improve its overall financial health."
Alternatives: "further debt reduction" or "extra debt reduction".
Additional debt reduction initiatives are planned at the federal level before the end of the year.
Since the proposed tax cut would cost $2 trillion, or $2.2 trillion if an alternative minimum tax adjustment is included, it would entirely use up the remaining surplus, with no additional debt reduction.
If the money materializes, it would go to additional debt reduction; if it does not, it would not have been promised for any particular use and thus would not be contributing to any new deficit.
Mr. Daschle and Mr. Conrad said Democrats are likely to push for a plan that will divide the $2.6 trillion surplus outside of Social Security and Medicare three ways, with a third going to tax cuts, a third to new spending and a third to additional debt reduction.
For Mr. Bush, it is a chance to assert that his plans for a big tax cut, the creation of private investment accounts within Social Security and a national missile defense program are not only affordable but would also leave plenty of money for additional debt reduction, his aides said.
"If more conservative O.M.B. projections are met," the Gore blueprint says, "this will allow an additional $300 billion of debt reduction.
It would also create a $60 billion reserve that Congress could use for further debt reduction or additional tax cuts.
But the euphoria about the growing federal budget surplus and the opportunities it creates for tax cuts, debt reduction and additional money for most everything from school lunches to cruise missiles, is obscuring a depressing reality.
This substantial debt reduction provides Future with additional head room under the group's credit facility for further strategic digital investment.
The central argument on Capitol Hill has been whether we actualize the debt reduction with or without generating additional revenue.
As a first line of defense, Democrats are pushing to allocate the available portion of the federal budget surplus in equal thirds: to tax cuts, additional spending and a reserve that could go to debt reduction and shoring up Social Security and Medicare.
