61.   Even that plan would create federal deficits for decades.

62.   Extending that rally now hinges on a plan to erase the federal deficit by early next century, many traders and investors say.

63.   Federal deficits declined for four years in a row, the first time that occurred in more than a century.

64.   Federal deficits stretched to the horizon.

65.   Ever since the early years of the Reagan presidency, the federal deficit has defined the political debate and limited the range of social policy.

66.   Few research managers thought they would escape the reductions sparked by the drive to reduce or eliminate the federal deficit.

67.   Finally, given that the federal deficit has finally begun to drop, Democrats can attack Dole for being fiscally irresponsible.

68.   Excess tax receipts are used to buy Treasury securities -- which provide the government with cash to pay for other programs and reduce the federal deficit.

69.   For instance, it is a fact that the federal deficit is half the size it was four years ago.

70.   For time immemorial, it seems, the federal deficit has been growing and worsening, like some malicious creature from a horror movie.