"Deficit reduction" refers to the act of decreasing or lowering a government's budget deficit. This means taking steps to reduce the amount of money that a government spends compared to the amount it earns. It is done to achieve financial stability and avoid increasing debt.
Full definition
I also understood totally his decision to support a credible
deficit reduction plan, because it was necessary in 2010.
The coalition government's response to the global financial crisis has been to follow a singular path
of deficit reduction over the next 4 years.
Tomorrow he must deliver both the strategy and the words to convince people that he has a plan for prosperity as well as
for deficit reduction.
This is on top of the $ 2.4 trillion
in deficit reduction that has already been implemented by cuts enacted since 2011, including the fiscal cliff deal at the end of last year.
Indeed, can you say, hand on heart, that you would support the basic
deficit reduction strategy - its pace and / or its split as between spending cuts and extra taxes?
Late last week, the government
deficit reduction commission laid out several areas that will be the focus of cuts to lower the government debt.
He cited the banking collapse and recession, together with the effect of the coalition's
deficit reduction agenda, as reasons for stagnant growth in the last nine months.
The debate
about deficit reduction and fiscal sustainability is a debate that we on the centre - left can and must win.
Overall, we believe it is crucial that the burden of
deficit reduction does not fall disproportionately on spending cuts.
Where this wider debate has begun to open up it has been primarily in terms of differing positions
towards deficit reduction and austerity.
Your experiment with austerity economics has failed on living standards, jobs and growth and on
deficit reduction too — and the British people are paying the price for this failure.
We earned $ 11 million in premiums from our $ 96 million
deficit reduction bond sale and $ 20 million in total premiums on all bond sales since 2014.
None of them have succeeded so far, but the issue is likely to come up again as the focus of Congressional negotiations on
deficit reduction shifts to tax reform.
This is a good strong step towards a
better deficit reduction and tax policy debate in general and a clearer policy choice going before the electorate at the next election.
The public is divided, split down the middle, on the merits of
deficit reduction if it means cuts to spending on public services.
We will make the most of this flexibility to drive the
strong deficit reduction programme, and secure the strong banks that will be necessary to keep interest rates low.
I also understood totally his decision to support a credible [emphasis added] deficit reduction plan, because it was necessary in 2010.
A carbon tax would reinforce and make both strategies
[deficit reduction and climate stabilization] easier.
In this country, the government's
deficit reduction plan still commands public significant support, a factor the left should not forget.
The president's
deficit reduction commission's draft document proposes scaling the mortgage interest deduction to $ 500,000 and limiting it to only primary residences.
That can really help
with deficit reduction and maintaining social welfare programs as well as renewable energy funding.
The path
of deficit reduction will be extended for another year to 2018 — well into the next parliament.
To be discussed at the hearings are the Rockland County
Deficit Reduction Act (RCDRA), a law which will allocate money toward eliminating the deficit, the legislature's -LSB-...]
«Tory MPs and members grudgingly move towards acceptance of higher council tax on high value properties as price of
deficit reduction deal Main Cut EU spending.
In advance of the Chancellor's Autumn Statement, Conservatives have repeatedly expressed their desire to pursue further
deficit reduction measures spanning this Parliament and the next through further drastic cuts to the welfare budget.
«As predicted, whilst in many ways innovative, striking a careful balance between fiscal probity and growth promotion, and between rich and poor, this statement is all very boring and predictable, no diversion from the Plan A
deficit reduction program, hence stocks, sterling and gilts will be virtually unmoved!»
It said it would conduct a further formal review of the rating in 2013 incorporating next spring's Budget, effectively giving Osborne six months to restore confidence in the UK economy's
deficit reduction drive.
To be discussed at the hearings are the Rockland
County Deficit Reduction Act (RCDRA), a law which will allocate money toward eliminating the deficit, the legislature's decision to override the tax cap for 2013 and other budget information.
Phrases with «deficit reduction»