Exact(8)
He would grapple with the deficit; expand domestic energy production; and reduce the role of government in health care by hollowing out "Obamacare" reforms.
While the recession is on, the government can let the deficit expand to cover the cost; thereafter it should cut spending elsewhere or boost revenues.Ms Merkel's umbrella is far from what the wise men have in mind.
Both parties claim that they want to make America more competitive, simplify its tax code, reduce its deficit, expand its trade, streamline its government and fix its underperforming schools.
It concentrated on saving companies and jobs, sometimes to the annoyance of its European Union partners; emphasized investment in job-creating infrastructure; propped up its banks and pressed them to lend; and decided to let its budget deficit expand further for a few years, but in moderation.
His suggestions: repeal the Obama health care law, although the Congressional Budget Office said a repeal would raise the deficit; expand domestic energy production on federal lands and use royalties to reduce the deficit; and put into effect a voluntary flat tax, which households could choose instead of the existing tax code.
For all his promises about making the numbers balance, it's hard to imagine how he could combat the deficit, expand health care benefits, increase spending on education and grant middle-class Americans more tax breaks simply by rescinding the Bush tax cuts for those earning more than $200,000.
Similar(52)
The deficit expanded from a revised $30.3 billion in May, the Commerce Department reported.
Mexico's 12-month deficit expanded in May to $5.8 billion.In this section AIDS AND YOUTH FINANCIAL MARKETS ECONOMY Reprints.
[Page C2.] A Huge Jump in U.S. Trade Deficit The United States trade deficit expanded widely in March, to $31.17 billion from a revised $26.86 billion in February.
The deficit expanded from $30.3 billion in May, which was revised down from the government's previous estimate of $31 billion, the Commerce Department reported today.
It shows the recent rise in global commodity prices, particularly the price of coal, will not be enough to stop the deficit expanding by billions.
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