Actually I seem to remember that last summer we had decent growth figures and the deficit was coming down faster than expected.

Still the deficit of about $5.8 billion comes to more than 10 percent of total expenditures.

"If the deficit comes in at around $14 billion to $15 billion, we will start selling it lower again."

Yet the deficit in 1984 came in at $185 billion.

"If spending is not cut and the deficit comes back, everything goes down the drain."

They note, too, that the current-account deficit is coming back into focus.

The deficit for the month came to $447 million, down from $641 million in March.

The deficit due to the action taken by the government is coming down.

For the 12 months through March, that deficit came to $754 billion.

The Knicks' 19-point deficit came with 7 minutes 2 seconds left in the second quarter.