The deficit target for fiscal year 1988 is $108 billion.
If the deficit target has not been met, the spending cuts required become final the same day.
Congress would raise enough taxes to pay for important Federal programs and also hit his deficit target.
Now he says he'll sacrifice investment to hit his deficit target.
The deficit target for the next fiscal year is $100 billion.
Under the old law, the money could come from military spending, so long as the overall deficit target was met.
Wilson felt that he could still meet the current deficit target for 1989-90 of Can.
In the meantime, Congress will continue to try to pass budget legislation meeting the deficit target.
But increasingly, the government's policy is being driven by the need for growth rather than meeting deficit targets.
The deficit target for the 1991 fiscal year is $64 billion.