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Exact(6)
Our deficits – cut by more than half.
Budget deficits cut into its rich nest egg.
We believe that if you rest everything on a single lever (Increase deficits! Cut taxes!), you give people a permission slip to be self-indulgent.
"Instead, we've seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health-care inflation at its lowest rate in fifty years".
Speaking in Madrid at a news conference with the Spanish prime minister, Mariano Rajoy, Mr. Sarkozy said France and the other European countries that were downgraded "must cut our deficits, cut spending and improve the competitiveness of our economies to return to growth".
Instead, we've seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in 50 years.
Similar(53)
It threatens to consume a larger proportion of the overall budget, meaning larger deficits, cuts to other programs, higher taxes or some combination of the three.
Cut the deficit, cut borrowing, cut spending and proclaim an "age of austerity".
"So we will stick with our approach, which has seen the deficit cut by a third".
Ed Balls, the shadow chancellor, agrees with the voters that the debts must be paid and the deficit cut.
Spaniards are upset that the EU has demanded such a fierce deficit cut over the next two years – bigger than that asked of the eurozone's bailed-out countries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com