At the onset of its crisis, Argentina s budget deficit, public debt, and current account deficit (as a share of GDP) were about 3 , 50 and 2 , respectively.

The budget deficit, unsurprisingly, ballooned.

The government has pledged to apply the proceeds of sales to reducing the public debt and the budget deficit.

The US budget deficit is enormous and unsustainable.

BERKELEY The United States is beset by four deficits a fiscal deficit, a jobs deficit, a deficit in public investment, and an opportunity deficit.

Assuming a flat rate of national contributions to the federal budget, Greece, for example, would shed 2 3 precious percentage points from its public deficit.

With higher revenues and lower payouts, the budget deficit diminishes.

Eurozone members as a whole, they argue, have a lower budget deficit than the US and the United Kingdom, and a similar level of public debt.

Reckless populist promises left a gaping 16 of GDP budget deficit.

Who will then fund America s budget deficit and on what terms?

The budget deficit is now the largest in the EU, and public debt has ballooned, as the government has struggled to compensate for the steep drop in revenues.

So the budget deficit will persist, and more retrenchment will be required.

The state faces another large budget deficit, yet Governor Jerry Brown s budget this year includes a substantial spending increase.

If there are investors willing to finance U.S. government budget deficit, why wouldn't we find investors willing to finance press freedom deficit?

The likelihood that budget deficit and debt targets will be missed is rising.

The US must move to reduce its budget deficit in the medium term.

In addition to the trade and budget deficits, there is a jobs deficit.

Under tremendous strain, Tymoshenko s government succeeded in keeping the budget deficit under control.

Reducing the government budget deficit is a major goal of the current government.

Growth is endangered, the ruble is weak, and the government budget is in deficit.

In just two years, Greece s budget deficit jumped from 4 of GDP to 13 .

When you cut taxes, you get lower revenue, which means a bigger budget deficit.

The French government has run a budget deficit each year since the early 1970s.

The German government s anger with Greece reflected the public mood and Chancellor Angela Merkel s own pressing need to cut the country s budget deficit by reforming social security, pensions, education, and banking.

In fact, the ministry has used its informational campaign to shape public discussion, convincing scholars, business economists, and the general public to be more concerned about keeping the budget deficit under control than about the effects of a negative demand shock.

The starting points are a 40 public debt to GDP ratio and an average budget deficit that, as a share of GDP, is four percentage points lower than in the advanced world.

The EU budget leverages investment, allows for economies of scale, and cannot run a deficit.

Last year India's BJP led government introduced legislation mandating sharp reductions in the budget deficit.

But Obama s message lost touch with reality when he turned his attention to the budget deficit.

Even after a year of excruciating spending cuts, the budget deficit still exceeds 10 of GDP.

If the government continues on this path, many expect next year s budget deficit to widen further.

At that time, Japan s budget deficit soared after the country s property bubble burst, causing economic stagnation.

But Russia s budget for 2010 is still headed for a serious deficit, owing to high spending.

The US is politically polarized, and must at some point begin to reduce its budget deficit.

Greece s membership in the eurozone was also a principal cause of its current large budget deficit.

This article includes a chart representing revenues, expenditures and resulting deficit or surplus of government budget.

Eliminating the deficit means, quite simply, eliminating a lot of jobs, in both the public and private sectors, whose existence depends on the deficit.

More generally, the national debt of any country grows by the size of its budget deficit or declines by the size of its budget surplus.

As for Germany, the 2010 federal budget features a record high deficit of well above 50 billion.

The budget deficit is again out of control, and well over the 3 of GDP Maastricht ceiling.

The CBO s baseline budget assumes that all of the deficit reducing features in current law will remain unchanged.

The International Monetary Fund was predicting only that Greece would have a zero primary budget deficit in 2013.

Governor Jerry Brown (who was also Governor in the 1970 s) inherits a budget deficit of 26 billion.

Meanwhile, faced with a large federal budget deficit, many American voters would welcome reduced spending on nuclear weapons.

A federal budget that achieves primary balance has federal revenues equaling spending but with a remaining budget deficit as a result of interest payments on past debt.