11. Last week, leaders of seven major political parties from across the political spectrum agreed at a rare meeting to back a deficit budget if necessary. 12. Most center-right opposition deputies have repeatedly said they would not vote for a deficit budget. 13. Mr Lau did not think a deficit budget would violate the Basic Law. 14. Ng Ching-fai, re-elected without party affiliation, said on Sunday he did not see how a deficit budget would violate the Basic Law. 15. Nor did the party ask Sir Donald for a deficit budget. 16. Sir Donald went on to say that a one-year deficit budget would not be the answer to all the current problems. 17. THE Basic Law should be amended to allow the government to stimulate the economy through a deficit budget during hard times, the Confederation of Trade Unions says. 18. The Chief Executive said in a media interview that a deficit budget to stimulate the ailing economy was out of the question. 19. The two consecutive years of deficit budgets are a result of an economic crisis marked by flat growth and near insolvency in the financial sector. 20. The tougher economic situation, however, had increased public demand for a deficit budget this year. |