The first thing we had to do was go directly into our savings.

A certain percent of the income should be put into savings every month.

"You can't put all your money into savings and be left with nothing for now," she says.

"Under this one, my wife and I are having to go into our savings."

I had to go into my savings, really taking it down terribly.

Now that she was out of work, she'd have to dip into her savings.

Rather than change her investments, "I could go into savings," she said.

The pay, about $100 a week, is hardly enough to live on, so he's digging into savings.

The deficit, he said, was cutting into private savings and investment.

It would also have translated into savings for the consumer.