91. And the federal budget deficit has disappeared. 92. And what better way to avoid thinking about the ozone layer or the budget deficit than to channel the life of Eva Peron? 93. And while the budget deficit has been reduced by cuts in some federal spending programs, Social Security payments and other entitlement outlays continue to rise. 94. Annual federal budget deficits are only a little more than half what they were when Clinton took office. 95. Another drag on job formation is limited economic growth in some European nations caused by their moves to reduce governmental budget deficits, Larsen said. 96. Another is that the supply of both Treasuries and tax-free municipal bonds is shrinking as the federal budget deficit is pared and as public-sector privatization grows. 97. And to the amazement of many, they brought their budget deficits and inflation rates down enough to qualify. 98. And while Duhalde has talked about the need for fiscal discipline, he has not yet said how he will deal with a huge budget deficit. 99. Another group of countries, including Italy, Spain and possibly Britain and Sweden, will join later when budget deficits are more in order. 100. Another is to phase out the budget deficit, largely by eliminating subsidies. |