Hashimoto roiled the market when he told the upper house budget committee that temporary deficit financing was unavoidable.
22.
The comptroller's revenue projection is crucial to the Legislature's budget-setting process because the Texas Constitution prohibits deficit financing.
23.
Deficit finance allows governments to smooth tax burdens over time, and gives governments an important fiscal policy tool.
24.
This was supposed to assuage concerns about " deficit financing " raised by Duncan and trustee Dot Snyder.
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Democrat who would rather raise taxes than rely on deficit financing _ and long championed a balanced budget amendment.
26.
The license fee does not fully cover the costs of production hence the " deficit " of deficit financing.
27.
The government then said it would begin deficit financing to revive spending on stalled civil works projects and generate employment.
28.
In 1980, we were flying about as high as we are now and by 1983 we were in deficit financing,
29.
But the Budget Committee report said that first-quarter results show both revenues and deficit financing are well below planned levels.
30.
But for now, he added, " the Americans have no difficulty in having that deficit financed, basically by us, Europe ."
