Sentences with phrase «very substantial deficits»

«He always said through the (global economic) crisis when he was running up very substantial deficits, which would not be his preferred approach, «I'm not an ideologue, I'm a pragmatic person,»» Pothier said in an interview.

Not exact matches

Congress has made substantial progress on deficit reduction, but they have done it in the worst possible way, which is to say, it's been very chaotic and damaging to confidence.
It leaves out the very substantial contribution that 2 - 2.5 % annual growth would make to cutting the deficit, and indeed imposes spending cuts of such a magnitude as would significantly ratchet down growth potential and risk a double - dip recession.
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