61. The treaty sets targets for inflation, long-term interest rates, exchange rates, government deficits and national debt. 62. Then, as the government deficit leveled off and shrank, rising household borrowing took over the task of stimulating the economy. 63. They also are worried about high taxes and government deficits, and the number of people laid off because of increased international competition in business. 64. They are running huge government deficits and clearing bad loans off the books of commercial banks so they can start lending to healthy companies again. 65. This expansion is not fueled by big government deficits but by booming business investment. 66. They include a growing government deficit, a failing public pension agency, falling exports and climbing unemployment. 67. They say consumers may fear that the huge spending package will lead to bigger government deficits and tax increases. 68. U.K. gilts were little changed as higher German bonds offset concern about higher inflation and the possibility of a higher government deficit. 69. With no inflation, there was no need to balance budgets to keep interest rates down, and government deficits skyrocketed. 70. Yesterday, Treasuries rose on expectations the U.S. government would cut the amount of bonds sold in step with rising tax revenues and sinking government deficits. |