The group insisted that despite Washington's bitter tone, dramatic deficit reduction is possible if the parties work together.
Not only did the bitter dispute over deficit cutting and tax increases bring the country close to default, politicians even went home for recess leaving the country's Federal Aviation Administration partially unfunded due to a dispute over $17 million in spending.
In May, Mr. Brown explained his musing about returning to the statehouse despite California's budget problems — it faces a $20 billion deficit — and bitter partisan bickering.
The consequence, they fear, would be a surge in government deficits and bitter political recrimination.Although some of the pact's defenders acknowledge privately that it is highly unlikely that EU governments will ever really vote to impose those fines of billions of euros on Germany or France, they believe there is an earlier line of defence.
Mr. Rosenfield, the city's earnest young controller, holds the possibly impossible job of keeping the city solvent in the face of an estimated $380 million budget deficit and a bitter political battle over ballooning employee costs.
Costly legal, legislative and political battles in the last decade have left the National Rifle Association with a $100 million deficit, reopening a bitter debate within the group about how it manages its money.
With the political infighting between the Republicans and Democrats on the deficit now so bitter that there was a risk of the US government being shut down earlier this month, S&P said it had taken the decision to change its outlook because "the path to addressing these issues is not clear to us".
FIGHT HAS BEEN BITTER Opponents of Scheme Foresee Huge Deficit and "Fat Pot" if Politicians Run the Roads.
It has less reason to feel victimised, more reason to believe that you solve your own problems and deficits rather than throwing bitter recriminations at others.
The continued deficit in trust is a bitter pill to swallow, because I believe the vast majority of law enforcement began and remain committed to service of others.
