Must tackle deficit on both ends
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Having generated record federal deficits with tax cuts in his first term, George W. Bush has promised that &quot;fiscal restraint&quot; is now in order.
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WHITE HOUSE President Bush is pledging to &quot;take on&quot; the nation&#39;s huge deficits -- in hopes of shoring up the sagging US dollar.
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Democratic presidential candidate John Kerry pledged in an editorial to restore fiscal discipline in the United States if voters send him to the White House, and to shrink the deficit by one half in four years.
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U.S. budget deficits pose a problem for both the domestic and world economies, but there seems little political will to fix them, Federal Reserve Board Governor Edward Gramlich said on Saturday.
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Americans have resolved to improve their fiscal lot.
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WASHINGTON : The United States should cuts its fiscal and trade deficits, while Europe and Japan should take steps to boost economic growth, IMF managing director Rodrigo Rato revealed.
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Congress will try to wrap up spending bills and raise the national debt limit to more than $8 trillion.
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The United States and its major economic allies struggled yesterday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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The government should hit the national debt&#39;s $7.4 trillion ceiling this month, and the Bush administration told Congress again Monday it should raise the limit.
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BLOOMFIELD TOWNSHIP, Mich. - Faced with the largest final-day deficit of any U.S...
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Over the next 10 years, the nation&#39;s cumulative budget deficit will soar to $2.3 trillion, the CBO projected. And if President Bush succeeds in making his tax cuts permanent, as he&#39;s vowed to do if re-elected, the 10-year deficit could top $4 trillion.
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After years of setting aside less for bad loans, time for some serious catch-up.
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U.S. Treasury Secretary John Snow said on Wednesday that cutting a record budget deficit was a top priority for the second-term Bush administration and challenged Europe to play its part in helping trim the U.S. trade gap by boosting its own economic growth.
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President George W. Bush, facing pressure to trim a record US budget deficit, will combine a push to restructure Social Security with a call for spending discipline as he wraps up a two-day economic summit.
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President Bush's new budget highlights his promise of deficit reduction, but the fine print indicates the goal may be elusive.
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Both candidates have plans for dealing with our fiscal mess. But neither are addressing the real problems
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.