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The data serve as a reminder of how difficult a task European leaders face as they try to shrink budget deficits in a weak economic environment.
The primacy of spending as a hot-button issue may fade if economic recovery continues and if Washington moves aggressively to shrink budget deficits.
The Legislature's version means a lower interest rate, but it makes future taxpayers more liable should the tobacco industry take a nose-dive and the annual payments shrink, budget analysts say.
Slim, a Mexican entrepreneur who built a $69 billion fortune over nearly five decades, thinks governments should stop trying to shrink budget deficits by shortchanging education.
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One item on that list is NASA's shrinking budget.
To stretch my own shrinking budget, I got very creative with a handful of ingredients.
Spain too can point to a shrinking budget deficit and less stressed banks.
Or is this simply an exercise in managing a shrinking budget?
All ten have growing economies, shrinking budget deficits and falling unemployment.
Shawcross will also have to manage an organisation with a shrinking budget and workforce.
The decision to close four hospitals and lay off 948 employees is a bleak reminder of Alabama's shrinking budget.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com