101. The measure is designed to help a president cut the deficit, but the power it provides is limited. 102. The most tangible result of cutting the deficit would be a decline in interest rates, which would lead to lower borrowing costs and increased economic activity. 103. The minority government is taking a hard line on cutting the deficit. 104. The move was authorized in the federal budget agreement reached last week and was envisioned as a way to cut the deficit. 105. The proceeds go the U.S. Treasury and can be used to cut federal deficits. 106. The Reds cut the deficit in half in the seventh. 107. The second is that Washington has been doing just about what the doctor ordered for growth, especially cutting deficits. 108. The Reds cut the deficit to one run with a two-out rally in the third. 109. The Tigers cut the deficit to one run before Angels closer Troy Percival slammed the door in the ninth for his fifth save. 110. The victory set off a rally in bonds, stocks and the lira as investors bet the new government will continue cutting the deficit and selling state assets. |