1.   Urged to present their own reduction package, some Democrats, such as House budget committee chairman Leon Panetta, were prepared to do so.

2.   A deficit reduction package is expected to be good for bond prices too, because less government borrowing will shrink the supply of securities.

3.   But they must overcome scores of other disagreements if they are to complete the often promised seven-year deficit reduction package.

4.   Further, analysts said the Federal Reserve is likely to reward the passage of a serious deficit reduction package by cutting short-term interest rates.

5.   In fact, the centerpiece of his first year as president was a five-year deficit reduction package that he pushed through Congress.

6.   Of particular interest to Wall Street and the business community is the commitment to include in the tax package a reduction in the capital gains tax rate.

7.   President Clinton has repeatedly warned lawmakers he will veto any tax reduction package of this magnitude.

8.   Republicans said the rebate, which was meant to stimulate the economy quickly, should be considered as part of the permanent tax reduction package the president wants.

9.   The mayor said the new state money for the second tax reduction package would come from a plan that the governor first announced in January.

10.   Two years later, in a decision many say cost him re-election, President Bush accepted tax increases as part of a deficit reduction package.