Sentence examples for wider deficits from inspiring English sources

The overall financial plan also contains traps that could ensnare the next mayor in wider deficits.

"We estimate that constraints on the ability of the government to reduce spending amid moderate nominal GDP growth will lead to somewhat wider deficits for longer than currently budgeted," Moody's said.

Mr. Rehn's approach has previously come in for tough criticism from some U.S. officials and the International Monetary Fund, which have warned that his calls for more austerity are self-defeating in cases where it restrains economic growth, leading to wider deficits and making it harder for governments in already weakened economies to pay down debt.

But Mr. Rehn also underlined that officials in Ireland and Portugal had to stick to promises to overhaul their economies, including the kind of painful belt-tightening that has been criticized for restraining growth, leading to wider deficits and making it harder for governments to pay down debt.

For some, that could lead to even wider deficits.

New York University Economics Professor Nouriel Roubini has explained that failure to enact a fiscal stimulus could actually result in wider deficits, which would send the country into a "very severe recession".

Eventually, the higher rates would worsen economic growth, and as the economy contracted, a wider and wider deficit would begin to open up.

But Joel Naroff, chief economist at Naroff Economic Advisors, said the wider deficit did show growth in the United States remains stronger than in most other nations.

The wider deficit was largely due to a fall in income from foreign investments.There were fresh signs of weakness in America's housing market.

The wider deficit in June will most likely further depress overall American growth as measured by the gross domestic product in the April-to-June quarter.

The wider deficit came as a surprise to economists who had forecast a smaller trade gap because of lower global oil prices.