21. Though sharply reduced in the last couple of years, federal budget deficits continue. 22. We must drastically cut our budget deficit to sustain economic growth. 23. Yet shrinking economies mean falling tax revenues and so larger budget deficits and more government debt. 24. The hurricane swept through the islands, leaving behind a trail of destruction The previous government left a huge budget deficit behind them. 25. ...his readiness to raise taxes as part of an effort to cut the budget deficit. 26. We will reduce the federal budget deficit. 27. They agreed that countries with fiscal and current-account deficits should reduce budget deficits and increase private savings. 28. Accumulated federal budget deficit Can. 29. Tax increases were introduced on a wide range of goods and services to help alleviate the projected budget deficit. |