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But Boston wiped out the deficit within minutes.
Straw said: "I am now clear that there is a major democratic deficit within the EU.
The old explanation for Euroscepticism was the alleged existence of a democratic deficit within the EU.
JM: What I said about eliminating the deficit within 10 years is true see [this analysis [7]].
The government has sought to keep the balance-of-payments deficit within reasonable bounds by slowing the economy.
Your promise to eradicate the deficit within one parliament (one you have since admitted you will break) is one example.
1) Halve the budget deficit within four years through a mixture of spending restraint and tax increases, mainly for the higher paid.
Balls has won over many critics with his argument that Labour's plans to halve the deficit within four years were a mistake and not deliverable.
They say there is "no reason to think" the chancellor's plan to eliminate the structural deficit within four years will undermine the economic recovery.
Along with another pension reform, this could help rein in the government deficit within the limits demanded by the European Union.
In July, the government managed to keep the deficit within its target for a fourth consecutive month, after posting a record $3.84 billion shortfall last year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com