Foreign debt is low, reserves are high, and Russia can bridge whatever deficits arise by borrowing abroad at low rates.
But do the Democrats propose any specific tax increases or spending cuts that might actually bridge the deficit?
Fiscal crisis, inability of the state to bridge a deficit between its expenditures and its tax revenues.
Despite cash infusions from the state, he has both slashed the city budget and increased property taxes 29% to bridge its deficit.
Once again, despite interest rates in the UK being at historical lows, there is still the possibility that they may drop further, causing more problems for pension funds relying on assets other than government bonds to bridge their deficit gap.
It is estimated that sub-Saharan Africa needs 551,000 additional midwives by the end of 2015 to bridge its deficit, a tall order that cannot be met with the meagre resources currently committed to health systems.
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.
From his podium, the Governor was silent on exactly how the state government is going to bridge the deficit, but you can make book that he will fight any tax increases for fear they will push businesses into neighboring states.
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.
More dangerously, the governor has been reduced to raiding the state pension system in her attempts to bridge the deficit in the state budget.In June, the legislature finally approved a cumbersome bond issue which will allow the governor to borrow $2.75 billion over 35 years, the largest loan in state history, from the state pension fund.
