In addition, it said, the authority's policy on sick leave could lead to $546,000 in excess spending in the future.

The main reason behind overheating is insufficient supply allocation because of excess spending by the people due to increase in consumer wealth.

For a devaluation to work effectively, economists explain that other measures to reduce the nation's excess spending are needed as well.

I will not hesitate to use my veto to hold down excess spending.

What may now look like excess spending on Internet operations was in many cases an effort to take advantage of inflated market valuations, executives said.

The report does not detail what it called the poor performance and excess spending.

Or the President could recommend that he and Congress simply ignore the excess spending, as has been done in the past.

But while pundits and politicians decry excess spending, experts say the public doesn't seem to mind.

Cuts in military spending were essential because "excess spending and the budget gap are our greatest single problem," he said.

A. My experience is that this is the biggest source of excess spending.