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Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

Peter R. Orszag
Acting, Imbalance, Spending
"The Situation Room" with Wolf Blitzer, www.realclearpolitics.com. November 12, 2009.
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.