RECENT NEWS
guardian.co.uk  8 hrs ago  Comment 
Compass study puts case that deficit is best addressed through egalitarian tax rises rather than spending cuts The chancellor, Alistair Darling, can address the public deficit by introducing big tax hikes on the top 10% of earners and would...
CANOE.ca  12 hrs ago  Comment 
The Canadian Taxpayers Federation is taking aim at the federal government's corporate bailouts as well as MP salaries in its deficit reduction strategy to be presented to the Minister of Finance Jim Flaherty next week.
The Economic Times  Nov 23  Comment 
India, whose protected financial system helped insulate it from the worst of the global downturn, should not be complacent in its push for reforms in the sector, the top country executive at Bank of America-Merrill Lynch said.
Bloomberg  Nov 23  Comment 
British Conservative leader David Cameron said curbing the budget deficit would be his government’s highest priority if he defeats Prime Minister Gordon Brown in elections next year.
Wall Street Journal  Nov 23  Comment 
The White House is lukewarm about proposals by Democrats to introduce legislation to create jobs, instead favoring targeted measures that would be less likely to inflate the deficit.
The Australian  Nov 22  Comment 
THE commonwealth budget is in danger of going directly from the deficit caused by the financial crisis to one caused by ageing.
Forex News  Nov 21  Comment 
The pound had a negative week versus the U.S. dollar as the U.K. posted its worst deficit figures since the measurement start, decreasing attractiveness for the British currency which performed positively in the previous week.(...)Read...
The Globe and Mail  Nov 21  Comment 
Canada will not start paring back its program spending until the economy is firmly on track, the Finance Minister says
The Economist  Nov 20  Comment 
What's really behind the deficit hawkishness? MY WORKING theory of the Obama administration's recent deficit tough talk has been that the powers that be believe any new, deficit-funded stimulative measure would...
New Straits Times  Nov 20  Comment 
THE public should not be afraid of a continuous deficit budget as it has been shown that the state government was able to turn it into a balanced or surplus budget, Menteri Besar Datuk Seri Adnan Yaakob said.
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A deficit is the amount by which a government's spending exceeds its revenue. Deficit spending requires that a government borrow money, usually by issuing bonds, and can affect Interest Rates and the value of its Currency.

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