Sentences with phrase «significant points deficit»

In addition to the wins, Busch also had consistency to erode a once significant points deficit.

Not exact matches

After inheriting a surplus the government immediately cut the GST by two points, and in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant spending cuts in the 2010, 2011 and 20012 budgets in order to put the federal finances back on a sustainable path.

«A patchwork of spin - ups and one - time one - shots has really helped to maintain our solvency from year to year,» Sheehan said, «but at this point the structural deficit of $ 12.5 million is real, and it is a significant challenge to the City of Albany.»