The Bush Administration and a Republican Congress cut the amount of the yearly deficit over the next several years.

The meaning of "deficit" differs from that of "debt", which is an accumulation of yearly deficits.

Now the drive for more tax cuts continues, even as yearly deficits close in on half a trillion dollars!

A shrinking economy delivering less government revenue, increasing government debt without reducing the overall yearly deficit, a death spiral.

The schools were failing and the city was running yearly deficits of more than 100 percent.

But Mr. Bell said the suggestion and repeated further warnings about the yearly deficits were ignored by the trustees.

As proposed, the deficit-reduction plan would cut the yearly deficit in half in four years through spending cuts and tax increases.

Managers didn't need to manage and accountants didn't need to count, since the yearly deficits were covered by the county, no matter how big.

A significant percentage of this cost is met through these sources, yet our summer season runs at a yearly deficit of over half a million dollars.

Companies I.B.M. said it lost $1.38 billion in the quarter, resulting in its first yearly deficit ever.