The government has unveiled a range of spending cuts but they won’t stop a big blowout in this year’s budget deficit.
Deficit
Crikey Says: The D word
Whatever you do, don’t mention the D word. That explains this nervous talk, or non talk, around whether the projected Budget surplus should be abandoned to “pay for” the cost of recovering from the floods.
Stevens opens up, and does the Coalition no favours
Glenn Stevens was slightly more expansive than normal yesterday, and the Opposition was the loser.
Call that a deficit? THIS is a deficit
The Obama administration has estimated that US government deficit will reach $9 trillion over the next decade, while the Congressional Budget Office is only predicting $7 trillion. So what’s in a couple of trillion? asks the Christian Science Monitor.
Mungo MacCallum: Rudd’s spin and evade deficit manoeuvre fails
If the Rudd Government’s evasive behaviour in talking about the deficit in the media was supposed to be a cover up it was a remarkably ineffective one, writes Mungo MacCallum.
Crikey Says: Come on Prime Minister, you can do it. Say the ‘d’ word…
There. That wasn’t so hard was it?
It’s not the size of the deficit, but what you do with it
There’s nothing wrong with running a deficit in these economic times, says Kenneth Davidson — trying to diminish it would be a greater burden on the country.
ouch! 
Deficit estimate now tops $1.84 trillion… for the US
You call Australia’s estimated $58b shortfall a deficit? That’s not a deficit. This is a deficit.
Run for your lives, the deficit has escaped!
Kevin id trying to say the “D” word
A deficit might be the most decisive thing
The current word games and debates about whether the Government will have the courage to plunge into the red are rather misleading, writes Bernard Keane.
