Exact(1)
Mr Duhalde's deal with the governors temporarily cuts revenue transfers from the centre, but sees the national government take on the provinces' debts, and offers no penalties if they fail to hit tighter deficit targets.
Similar(59)
Making unemployment worse, there are about to be needed cuts in public-service staff to help the government meet its tight deficit targets.
Some, including the IMF, think that Spain will miss its tight deficit targets this year and next, but they also expect only modest growth and job creation in 2013.
Sperling quit his job as White House national economic adviser in the spring, but has spent almost 20 years at the heart of Democratic party economics, advocating policies to share economic prosperity, including in the Clinton-era a tight deficit reduction programme.
The government's preferred macroeconomic policy mix since 2010 has been "tight fiscal policy and easy money", in the next few years fiscal policy looks set to remain tight (as deficit reduction continues) but monetary policy will be less easy.
Ever since the country decided it could do without IMF and EU support three months ago, analysts have been wondering how Viktor Orbán, the prime minister, intended to meet the tight budget-deficit targets markets demand while fulfilling campaign promises to cut income tax and get his country growing again.
"TIGHTER, tighter".
That means recruiting 40,000 extra troops by March.But finance is tight: Colombia's fiscal deficit is climbing (it may reach 4% of GDP this year, up from 3.2% last year).
This may have resulted from overemphasizing tight glycemia (13), deficits in the educational intervention, or a discrepancy between learning and action.
With Mr. Obama's health care overhaul stalled on Capitol Hill, Rahm Emanuel, the White House chief of staff, said in an interview that Democrats would try to act first on job creation, reducing the deficit and imposing tighter regulation on banks before returning to the health measure, the president's top priority from last year.
He has called for tighter control to eliminate budget deficits.
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