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The BNP has struggled with debts run up during election campaigns.
It could be used to pay off the portion of the national debt run up during the Reagan Administration.
There's a long-standing tradition of this: one of the federal government's first acts was to assume the debts that states had run up during the American Revolution.
Third, consumer spending was being held down by high levels of household debt, much of which had been run up during the Bush-era bubble.
As this is a destination where the amount you run up during your stay regularly doubles your bill, it should prevent nasty surprises on check-out.
Austerity is now expected to continue into the next parliament: more than a decade after Osborne promised to tackle the deficit run up during the financial crisis.
Similar(44)
The core of our economic problem is, instead, the debt — mainly mortgage debt — that households ran up during the bubble years of the last decade.
The economy, weighed down by the debt that households ran up during the Bush-era bubble, is in dire straits; deflation, not inflation, is the clear and present danger.
The huge foreign debts that Spain, Greece and Portugal ran up during the euro's first decade are the modern equivalent.The thing that the authors put most emphasis on is the role of surplus countries in fixed exchange-rate schemes.
It will still be running up during the 2012 presidential election, reversing the appalling loss of 3.3 million jobs in 2009 and boosting the already strong odds that Obama will win a second term.
As a result, graduates who had run up overdrafts during their time at university faced bills of up to £140.
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