A significant deficit will result in spending cuts or borrowing.
The increase in prices follows two years of a global deficit resulting from low production.
Residents will be asked to approve a city guarantee to cover any financial deficit resulting from the Games.
The fact is, the large deficit resulted because the Government vastly increased what it spent each year, while tax revenues changed little.
Temporary deficits, resulting from war and recession, pose no such threat.
If the governor's budget plan is realized, the $400 million deficit will result in a $100 million surplus.
The widening public deficits did not result in greater private saving, as some economists had predicted.
In this case the deficits resulted from cutting taxes while Federal spending continued to rise, largely because of the military buildup.
This deficit does not result from impairments in auditory processing or in speech production.
The deficit resulted from a pretax charge of $:491.7 million, or $921.4 million, for extraordinary items.