Exact(1)
The shortfall is met by transfers from the centre and if those aren't enough, deficits are financed by borrowing.
Similar(59)
Fair enough: "deficit reduction" is the "horses and bayonets" of political warfare – outmoded, antique, irrelevant to the larger task at hand.
John Makin, a conservative scholar at the American Enterprise Institute, wrote in a paper released Wednesday that Congress has enacted enough deficit reduction, and warned against plans to achieve a balanced budget within 10 years.
The thing that one must remember about Fix The Debt -- most deficit peacocks, actually -- above all others is that its main purpose is to immiserate the elderly recipients of earned benefit programs like Social Security and Medicare, and earn enough deficit reduction to lessen the fervor for getting their benefactors to pay their share.
Unfortunately, if patients live long enough, other deficits — including those involving memory and cognitive abilities, and motor problems resembling symptoms of Parkinson's disease — often become apparent, as is now happening to Mr. Riedner.
These estimations support the idea that the 1906 earthquake ruptured the source area of the 1979 earthquake because the source area of the latter could accumulate enough slip deficits for the resulting earthquake.
It cannot be said often enough: the deficit was caused not by rises in public spending but by a collapse in tax revenues.
Federal employee organizations are pushing for that raise to be paid and made retroactive to January, arguing that federal workers already have sacrificed enough for deficit reduction.
THE SCRIPT -- "Brazen enough to say deficits don't matter, and to send Dennis Hastert out to chide Kerry as a big-time deficit spender".
Republicans have hammered the Obama administration for not doing enough to control deficits and aid growth.
The automatic spending cuts and the higher revenues would reduce annual deficits enough to stabilize the federal debt in this decade, without hitting entitlement benefits for Medicare and Medicaid.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com