Word: deficits
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Dates: during 1990-1999
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...increased budget will cut the Cambridge school system's deficit to $300,000 from the original $3.7 million shortfall...
...remaining deficit could mean cuts in staff or services. Those decisions will be made when the final budget is worked out at the end of the month...
...tonight it was the exact opposite, so that is sort of comforting to know that we can come back from that deficit...
When it comes to the fiscal side of economic policy, Wall Street expects little mischief from the White House and Congress this year. While the budget deficit remains the Street's No. 1 concern, both Democrats and Republicans seem intent on a deal that would achieve balance by 2002. And what investors care most about--the deficit as a share of economic activity--has become a positive comfort to them. The deficit amounts to just 1.4% of gross domestic product, the lowest level since 1974 and a stunning improvement over the 4.7% share it claimed when Clinton took office...
...investing in Treasuries, China is helping keep our interest rates low. On the other hand, money talks, and the Chinese might get louder when it comes to settling touchy disputes on trade--or Taiwan. Much louder. Last week Washington reported that America's trade deficit with China jumped to an all-time high in 1996 to $39.5 billion, a gap expected to widen, giving the Chinese yet another fistful of dollars with which to go shopping for U.S. bonds...