And they say that Americans now see the deficit and debt as a much more serious issue, which could cause them to accuse Democrats of holding out against needed fiscal changes.
When the crisis hit, we needed fiscal policy right away.
Its promise to keep the aid monies outside its Treasury accounts helped to assuage concerns among foreign donors that their contributions might not be directed into capital projects as intended, but instead be used to postpone much-need fiscal reform, or, more seriously, be lost to corruption.
"Some countries have to go full speed ahead and do that fiscal consolidation that is so much needed," Ms. Lagarde said.
"Can all the investments stay focused on necessary infrastructure and building the much needed social welfare infrastructure to boost consumption?" he asked shortly after the fiscal stimulus announcement.
State and local fiscal relief would be a great way to get much needed, fast-acting medicine into the system".
School to Prison We understand that mass incarceration is a fiscal problem, eating away at state budgets at the expense of much needed investments in public education.
With the government facing a fiscal and monetary crisis, expectations are high that donors will foot the bill for much needed but politically sensitive security sector reforms and demobilisation, disarmament and reintegration programmes.
New fiscal instruments such as a financial transaction tax need to be agreed to slow harmful speculation and deliver much needed finance for development and environmental protection.
