41.   That, in turn, raises interest for Swedish bonds by removing risks associated with high state debt and government deficits.

42.   The Canadian dollar is indeed selling at record lows, but the reason is a big government deficit, not money market vigilantes.

43.   The council expects little progress in narrowing government deficits, after tax shortfalls prompted emergency spending cuts.

44.   The current surplus of Social Security taxes over benefits is merely masking the size of the general government deficit.

45.   The government budget deficit has ballooned, forcing leaders to search for deep cuts.

46.   The Fiscal System Council, an advisory panel for the finance minister, has set a numerical target for cutting the ballooning general government deficit to more manageable proportions.

47.   The effort is aimed at cutting costs to reduce the government deficit, and to improve governmental efficacy.

48.   The government budget deficit eventually will undermine investor confidence, analysts said.

49.   The Italians are struggling with government deficits, while the United Kingdom is looking at reforming its welfare system and creating more jobs.

50.   The main concern is the government deficit, which will be difficult to trim to the required level with record unemployment and lackluster consumer demand in Germany.