1.   Assuming an agreement is reached to erase the deficit, which is the outcome most traders expect, the dollar can rise significantly, market participants said.

2.   Bonds fell in recent weeks amid disappointment that President Clinton and Republican leaders of Congress will apparently fail to concur on a plan to erase the deficit.

3.   A second group, of uncertain size, maintains that reductions in federal revenue stemming from tax cuts will make it harder to erase the deficit.

4.   But he and other legislators also say that they believe that average citizens prefer erasing the deficit to widening it with a tax cut.

5.   But Walker played down the slow start Wednesday night, saying the Celtics never questioned their ability to erase the deficit.

6.   Cavendish concluded that if she had such funding, the deficit would be erased.

7.   Critics had contended that it would be almost impossible to cut taxes and erase the deficit.

8.   Erasing the deficit would drive yields lower by reducing the supply of securities the government uses to bridge gaps between revenue and spending.

9.   Erasing the deficit would drive yields lower by reducing the supply of Treasury securities,

10.   Erasing the deficit would drive yields lower by reducing the supply of Treasury securities.