Sentence examples for staggering deficit from inspiring English sources
In a special statewide election held in May 2009, voters rejected five of six ballot measures that were meant to help close the staggering deficit.
The budget went from surpluses in 2006 and 2007 to a staggering deficit of 14.3 percent of gross domestic product last year — worse than Greece.
DUBLIN — Over the last three years, with its economy in tatters, Ireland embraced a novel strategy to help reduce its staggering deficit: charging households and businesses for the environmental damage they cause.
With the state facing a staggering deficit, Mr. Brown said over and over that he refused to close the gap with the same sort of smoke-and-mirrors budget tricks that the state had relied on for years.
Why has Mr. Bush kept this knife in a dusty drawer, especially given the staggering deficit, his public stance on the need to curb spending and his close ties with the Republican Congressional leadership?
The voters grudgingly re-elected Mr. Davis on Nov. 5, but the state faces a staggering budget deficit.
The states are staggering under deficit budgets and high unemployment as their tax bases continue to erode.
Even though this deficit only represents about three percent of the agency's nearly $800 million annual operating budget, Muni faces staggering a long-term deficit over $1.6 billion over the next 20 years.
At least Sen. McCain is still rhetorically committed to deficit reduction; Sen. Obama's campaign pretty much shrugs it off, pointing out that although the absolute deficit looks staggering (it could hit $500 billion next year), it's currently only 2.5% of gross domestic product, about half what it was in 1992.
And that will present future Congresses with impossible choices -- staggering tax increases, immense deficits or deep cuts in every category of spending.
