budget deficit u rečniku PONS

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He helped close a budget deficit, build new schools and repair old ones, and got credit for raising test scores....
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But with the city facing an $800 million budget deficit in fiscal 2010 and a $1 billion deficit in 2011, such approval seemed unlikely.
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What is the best way to cut the budget deficit?
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The budget deficit was endemic as the increase in personnel costs, which in 1986 absorbed about 93% (including 16% for pensions) of current revenue.
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However, since it is a non-cash expense it is excluded from the budget deficit calculation.
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In 2006, the city put the team up for sale to combat a major budget deficit.
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Spending cuts could then be sold as a necessity rather than a choice, the only way to eliminate an unsustainable budget deficit.
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In any event, the ban created a large budget deficit, and arrears on debt service started to accumulate.
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He said that tax evasion played a role in the budget deficit.
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The cuts were needed to fill a two-year budget deficit of nearly $10 million.
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