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Fiscal crisis, inability of the state to bridge a deficit between its expenditures and its tax revenues.
The flip has emboldened Mr. Walker, the new Republican governor who has proposed the cuts to benefits and bargaining rights, arguing that he desperately needs to bridge a deficit expected to reach $3.6 billion for the coming two-year budget.
In May, Mr. Pataki proposed a $100 million bailout of Nassau, one of the nation's wealthiest counties, but he has said he opposes tax increases as a way to help bridge a deficit estimated to reach nearly $400 million by 2004.
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The mayor's combination of spending cuts and "revenue enhancements" — increases in taxes, fees and fines — are intended to bridge a budget deficit next year of almost $636 million.
That felt less like a promise than an attempt to make the Legislature find the revenue to bridge a $2 billion deficit in this year's budget and a gap of maybe $10 billion in next year's.
But this year, against a backdrop of economic uncertainty, Mr. Bloomberg's plans to help bridge a $5 billion deficit are being viewed by local officials, lobbyists and others as much graver, and much more realistic.
MOSCOW — Russia may borrow from foreign banks for the first time in a decade to bridge a budget deficit next year, the finance minister, Aleksei L. Kudrin, told a cabinet meeting Tuesday, signaling that the Kremlin was planning for a long recession that could deplete its oil windfall funds.
Scotland's largest council has said it needs to make more cuts to bridge a budget deficit of £28.9m in 2015/16.
In the semifinals Bridge 24 overcame a deficit of 22 international match points in the last quarter to defeat Andrei Gromov and Aleksander Dubinin from Russia; Norberto Bocchi from Spain; Agustin Madala from Argentina; and Krzysztof Buras and Grzegorz Narkiewicz from Poland to win by 15 imps.
For example, Cai and Jia (2009) observe that road and bridge contractors encountered a deficit sequence pattern for payoff because project payment was unable to be distributed in time.
That would make revenue from oil exports go further in local currency, bridging a fiscal deficit which reached 8.5% of GDP last year after an increase in spending of 26% in real terms in the 12 months before a presidential election in October, won by Mr Chávez.
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