The Coast Guard, for example, has managed a declining budget effectively and made a persuasive case to Congress for the need to replace its aging fleet, Mr. Clark said.
But the measure worked, helping create a virtuous cycle of declining budget deficits, lower interest rates and faster growth, and the longest period of sustained expansion enjoyed by the US since the Second World War.
This would narrow the already declining budget deficits slightly in the short run, more substantially down the road, and leave some money for smart investments in areas like infrastructure and health research.
Travis Rothweiler, city manager for Twin Falls, says the city is evaluating what it gains from its lobbyist in the post-earmark era, given its declining budget and flat tax revenue.
Despite the declining budget, Mr. Clapper said, the N.S.A.'s eavesdropping would get additional money to use on "foreign leadership targets" as well as to break the encryption used on foreign communications and "exploit Internet traffic".
But there's another twist in the tale of the declining budget for ambitious movies: the aesthetic virtues that often arise from the creative challenges that a lack of cash imposes.
When I was writing Bill Clinton's State of the Union addresses, the fun part was finding ways to announce the year's declining budget deficit -- and later, budget surplus.
Lost in the cacophony are the declining budget deficit and a falling inflation rate -- largely ignored by investors still doubtful about South Africa's future, despite the country's sounder economic fundamentals.
In spite of the sequester cuts and a declining budget deficit, Ryan wants to create even more economic austerity.
This was due to a combination of factors including poor economic performance, inadequate financial resources, declining budget allocations and international donor pressure [ 41].
