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Word: deficit (lookup in dictionary) (lookup stats)
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...over the next decade which is unnecessary. The Congress may not view it that way, but, even if everyone is in agreement, a spending reduction of $200 billion or $300 billion a year over the next two or three years will not make a substantial enough dent in the deficit to bring it down by half...

Author: /time Magazine | Title: Obama's Address: A Road Map Without GPS | 2/25/2009 | See Source »

...Luxembourg) of the E.U.'s 27 members expect to break the deficit ceiling in the coming year. In such circumstances, the E.U. should suspend the pact immediately, says Daniel Gros, director of the Brussels-based Centre for European Policy Studies. "It means it doesn't break - it bends. And it is ready to bounce back," he says. "We could then reaffirm them when we have a better idea of where the economy is going." Not that anyone knows when that will...

Author: /time Magazine | Title: Europe's Twin Messages: Spend! Stop Spending! | 2/24/2009 | See Source »

...hike in the gas tax will have several benefits to those living in Massachusetts. The money generated will serve to cover the deficit in the transportation budget and allow needed maintenance operations to take place. A large portion of the funds will go toward maintaining the roads and bridges that make up the Turnpike, but the MBTA would also benefit. Its fares could be maintained at current prices, and all cuts in service would become unnecessary...

Author: By The Crimson Staff | Title: Fueling Change | 2/24/2009 | See Source »

...first time since then, I was wearing it out of school spirit, and not because I needed to do laundry. Listen: we have no mascot. We can never have a mascot because our teams are idiotically named after a color. We’re at a serious deficit at these games already. So even though I’m a whining champ, even though there are ants infesting my room in a school richer than most countries, even though Eliot dinner runs out around 6:15, even though I think the Core Office loves it when I hate my classes...

Author: By Jessica L. Fleischer, CRIMSON STAFF WRITER | Title: Pathetically Peppy? | 2/24/2009 | See Source »

...federal spending, are likely to sit on their hands, while Democrats rejoice. Finally, expect Obama to talk about the need to continue these sorts of policy initiatives, outlining his priorities for reforming energy, health care and education, as well as the need to simultaneously pare back the long-term deficit...

Author: /time Magazine | Title: Five Things to Look For in Obama's Speech | 2/24/2009 | See Source »

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