In the 1990s America raised its top marginal income rate to 39.6% in an effort to rein in deficits.
Pension schemes, fed up with filling in deficits only to see them widen again, are desperate to manage away as much risk as they can.
The problem is expected to grow worse if Europe tips into a recession, or if the EU's many heavily indebted countries impose austerity measures to rein in deficits.
But in this recession, the government has been more concerned to rein in deficits.... [D]iscretionary fiscal policy this time has actually acted to restrain the recovery.
Governments remain fixated on reining in deficits.
The budget office now projects $4 trillion in deficits.
You left a school district with $1 to $2 million in deficits.
"Their budgets have been in deficits for the third year in a row".
She said the hospital had been operating in deficits for the past 10 years.
And because he's a responsible man and sees trillions in deficits as a long-term threat to economic health.
Extravagant awards by arbitrators to some union groups have devastating effects on county budgets, resulting in deficits and tax increases.
