Sentence examples for of cutting deficits from inspiring English sources
When it was formed, its organizers said that the commission would prove that the Tea Party, which tends to like the idea of cutting deficits rather than actual cuts, could in fact come up with a specific plan – one with far more ambitious goals than the joint Congressional committee that is supposed to release its recommendations next week.
(VoxEU Stiglitz on the dangers of cutting deficits too soon.
The "zero deficit" policy of cutting deficits by reducing government workers' salaries and pensions has failed to improve finances or bring down interest rates.
The report, an annual gauge of prosperity and pain, is sure to be cited in coming months as lawmakers make difficult decisions about how to balance the competing goals of cutting deficits and preserving safety nets.
Ryan's budget claims balance by 2024, but relies on $74bn in savings in that year from the macroeconomic effects of cutting deficits, which CBO says would have a long-term positive effect because it would free up savings and investment capital.
He promised to challenge the German strategy for Europe of cutting deficits while restructuring economies.
Ms. Lagarde said she was in favor of both cutting deficits and driving growth.
But the true test will most likely come in the months ahead, when nations like Portugal, Ireland and Spain, which are struggling to impose unpopular austerity measures on their people, confront the difficulty of cutting budget deficits in the face of brutal recessions.
Howard Davies, director of the LSE, makes an impressive case for the imperative of cutting the deficit, arguing that only cuts in public sector pay can save the economy.
He warns Cameron's strategy won't even actually achieve its goal of cutting the deficit: any savings achieved by cuts will be offset by lower economic growth.
The commission says France will miss its target of cutting the deficit below 3% of GDP next year, and it should "accelerate" deficit-reduction measures.
