Democrats, thinking that a bigger deficit will make the President look bad, said yes.

Robert Nichols, assistant secretary of the treasury for public affairs, said that the deficit actually made the country more attractive to foreign investors.

While deficits may make them worry about higher interest rates, a world without a Treasury market was a far more unpleasant prospect.

Those arguments, and Connecticut's enormous deficit, make a compelling case for enacting tax reform this year.

At the same time, the deficit makes a significant tax cut unlikely.

The heritable deficit can make it hard to get a job or win a mate.

Either a surplus or a deficit can make a spark.

But the city says large deficits projected for the next three years make it hard to be more generous with the police or other unions.

But $200 billion deficits have made such thinking anachronistic.

Federal deficits also make the nation increasingly dependent on foreign loans.