21. Tsang called on the government to raise taxes or introduce a deficit budget if it needed extra money to cover expenditures, the Post said. 22. Thus, despite heavy pressure from the public and political parties, the government was unlikely to adopt a stimulative fiscal policy or present a deficit budget on Wednesday.. 23. But he conceded that the government still needed to adopt a deficit budget for the fifth consecutive year to bring public debt in line with international standards. 24. We have had deficit budgets a number of times. |