Sentence examples for vast deficit from inspiring English sources

He offered 2 budgets: the old austerity budget, with its vast deficit, & a "crisis budget," which slashes many programs that most citizens consider essential.

Governor Christie faced a vast deficit when he took office last January, and much of the federal stimulus aid for schools was exhausted by June.

AMERICAN politicians and businessmen view China's undervalued exchange rate and its huge current-account surplus as the main cause of America's vast deficit.

IT WAS never reasonable to expect that Barack Obama's budget proposal, delivered to Congress on February 1st, would do much to bring down America's vast deficit in the near term.

The Barcelona star and his father have fallen foul of a major clampdown in the country against suspected tax evasion as it attempts to plug its vast deficit, projected this year to top 6 per cent of its entire GDP.

Mayor Michael R. Bloomberg's plans for pulling the city out of its fiscal crisis include borrowing $1.4 billion against expected payments from tobacco companies, and New York State lawmakers are considering similar moves to close the state's own vast deficit.

In an American context, this would be like responding to the Tea Party's complaints about big government by promising to create a vast, deficit-funded federal bureaucracy to deal with them.

But now Congress needs the money as it struggles with vast deficits and believes the economy can withstand the expiration.

WITH the government spending enormous sums on bailouts and stimulus programs and projecting vast deficits well into the future, disheartened bond investors may be wondering whether their portfolios are headed into a whirlwind of inflation.

These recriminations are reminiscent of the 1980's, when Democrats in Congress blamed Ronald Reagan's tax cuts and defense buildup for the nation's vast deficits while the president blamed Congress for profligate spending on entitlement programs.

In his CBO years Mr Orszag used to argue passionately that getting health-care costs under control was essential if America's vast deficits and debt were ever to be controlled.