41.   The only route through which OM can rise is a temporary budget deficit financed by the issue of fiat money.

42.   Whenever the government runs a budget deficit, it will have to finance that deficit by borrowing.

43.   President Reagan found it difficult to reduce the US budget deficit for the same reasons.

44.   On Monday evening he gave fair warning of an increase in taxes, and spending cuts to reduce the expanding federal budget deficit.

45.   But Mr Clinton will win plaudits from most economists if he carries through plans to cut the budget deficit.

46.   But the U N High Commission, responsible for their care, has a budget deficit of forty million dollars.

47.   All those years of warnings about how big budget deficits would be destructive to the credit markets never proved valid.

48.   Also on the list were a smaller federal budget deficit, lower trade barriers, equal employment opportunity and low inflation.

49.   Also if the government has to fund claims made against the oil buffer fund, it could mean a return to budget deficits, analysts said.

50.   Also, Venezuela pledged to reduce its budget deficit in return for a loan from the International Monetary Fund.