Nicolas Sarkozy proudly announced today that France beat its deficit target for 2011, with the INSEE statistics office putting it at 5.2 per cent of output, lower than the 5.7 per cent forecast in the budget.
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Search results for deficit
France election 2012: debt and deficit - a glass half empty
Posted by cagan 56 days ago (http://www.telegraph.co.uk)
Obama Budget Lessens Focus on Deficit
Posted by cagan 105 days ago (http://www.nytimes.com)
President Obama’s budget blueprint, to be laid out Monday, is an election-year wager that higher taxes on the rich and spending on popular programs will outweigh deficit concerns.
Japan's first trade deficit since 1980
Posted by cagan 122 days ago (http://www.reuters.com)
TOKYO (Reuters) - Japan first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors.
Spain Raises Deficit Forecast
Posted by kagan 147 days ago (http://www.nytimes.com)
Spain’s new conservative government forecast the country’s 2011 budget deficit at 8 percent of its gross domestic product.
Lawmakers Trade Blame as Congressional Deficit Talks Crumble
Posted by cagan 187 days ago (http://www.nytimes.com)
With a bipartisan panel on the verge of failing to reach a compromise on a way to lower the federal deficit, the focus shifted to the automatic cuts that would go into effect in 2013.
Congressional Committee at Odds on How to Cut Deficit
Posted by cagan 188 days ago (http://www.nytimes.com)
The second-ranking Senate Republican declared Saturday that the work of a special Congressional committee on deficit reduction was all but over.
Deadline Near, Deal on Deficit Remains Elusive
Posted by cagan 189 days ago (http://www.nytimes.com)
Pessimism mounted among members of a Congressional panel on deficit reduction about their ability to strike a deal by Monday and avert a high-profile failure.
Deficit committee locked in budget stalemate
Posted by cagan 191 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - Budget talks in the Congress were locked in stalemate on Wednesday amid the disclosure of a Democratic offer last week that drew no Republican interest.
Health consumers make deficit fight personal
Posted by cagan 235 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - The numbers are devastating: almost 2,000 poor kids in Texas with cancer, another 18,000 with diabetes and more than 350,000 suffering from chronic lung disease, heart disease or stroke.
Greece to miss deficit targets despite austerity
Posted by cagan 236 days ago (http://www.reuters.com)
ATHENS (Reuters) - Greece will miss a deficit target set just months ago in a massive bailout package, according to government draft budget figures released on Sunday, showing that drastic steps taken to avert bankruptcy may not be enough.
Analysis: Obama deficit plan unlikely to impress ratings firms
Posted by cagan 248 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - President Barack Obama's plan to tame U.S. budget deficits probably relies too much on ending wars and too little on tackling health care spending to impress Wall Street credit rating agencies.
Obama deficit plan aimed at Democratic base
Posted by cagan 250 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - President Barack Obama will lay out a plan on Monday to cut the U.S. deficit, striking a populist tone aimed at galvanizing his Democratic Party base ahead of the November 2012 election.
Obama Deficit Plan Cuts Entitlements and Raises Taxes on Rich
Posted by cagan 250 days ago (http://feeds.nytimes.com)
The plan is President Obama’s opening salvo in sweeping negotiations on deficit reduction to be taken up by a joint House-Senate committee over the next two months.
Backing Austerity, Italy Bids to End Deficit by 2014
Posted by cagan 315 days ago (http://feeds.nytimes.com)
A package of bills passed by the Parliament includes $57 billion in spending cuts and a broad range of tax increases.
Turkey’s policymakers will come under increasing pressure to raise interest rates and tighten fiscal policy once next week’s national elections are over, after receiving an unpleasant surprise in inflation data released just over a week before the vote.
Consumer price inflation rose 2.42 per cent month on month in May, more than double the expected increase, bringing the annual rate of inflati
Fed Wants Priority Put On Deficit
Posted by kagan 353 days ago (http://www.nytimes.com)
Ben Bernanke said Tuesday that the pace of recovery “seems likely” to increase during the rest of the year and he continues to see no evidence of enduring inflation despite recent increases in commodities prices.
Turkish stocks traded towards their lowest closing in seven weeks on speculation that possible government regulations aiming to curb loan expansion would hurt bank profits.
Jump in Revenue Helps Halve California Deficit
Posted by cagan 375 days ago (http://feeds.nytimes.com)
In a revised budget proposal, Gov. Jerry Brown said California would see $6.6 billion more than projected.
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