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If it did not, Scotland's expanding deficit might prompt a run on the new currency.
He worried, he said, about the federal government's expanding deficit spending and regulatory reach, about encroaching protectionism, and about the depressing effect of new taxes on capital formation.
WASHINGTON — Wading deeply into fiscal policy is not normally the domain of the Federal Reserve, but several central bank officials have begun speaking out in forceful terms about the dangers of the expanding deficit.
With the left crying foul about the extension of tax cuts for millionaires and the right crying foul about the expanding deficit, there are few, if any, who seem happy with the compromise.
Mr. Brown has portrayed Ms. Coakley as an advocate of big government, big spending and big deficits; Obama advisers and other Democrats have worried that the expanding deficit, now at a level not seen since World War II, was hurting Mr. Obama with independents who lifted him to victory in 2008.
At the same time, the EU turned a blind eye as the Greek government worked with Goldman Sachs to securitize the public sector's debts, and disguise the full extent of Greece's expanding deficit.
Similar(54)
Even many of his most conservative supporters have begun to question his reckless expanding deficits.
Now some analysts say the $1,000 mark may become the floor for a while, given a weak dollar, central banks pumping trillions into fragile economies and expanding deficits in the United States and Europe.
Plouffe wonders why Rove is complaining about expanding deficits, since he loves expanding deficits.
The nonpartisan Congressional Budget Office can report that the Senate health care bill will cut the deficit by $130 billion over the next ten years without raising taxes on the middle class, but Republicans will still scream about expanding deficits and massive tax increases.
"Stronger economic growth and reductions in spending will help to ensure that these tax cuts do not expand deficits," the release reads.
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CEO of Professional Science Editing for Scientists @ prosciediting.com