Such fiscal adjustment may be necessary to ensure medium-term debt sustainability, but its immediate effect would lead to a reduction in private and public aggregate demand.

为了保持债务的中期可持续性，这些财政调节措施或许是必要的，但其短期效应将导致私人和公共部门总体需求的减少。

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"But we also have to recognize that if markets are skittish and don't have confidence that we can tackle the tough problems of our medium- and long-term debt and deficits,then that also is going to undermine our recovery."

VOA: standard.2010.06.27

The Spanish government was able to find buyers for its medium-term debt this morning, at a not-too-exorbitant rate of interest of about 5%.

BBC: Central banks and the 'spirit of 2008'

The Goldilocks policy, as the IMF calls it, urges countries to embark on a gradual fiscal adjustment in the short term, if the markets allow it, coupled with a credible medium-term debt-reduction plan.

ECONOMIST: Charlemagne

We can also work together to build a framework, put together a proposal that should have bipartisan consensus built around the principle of balance, as we tackle our long-term and medium-term deficit and debt challenges.

WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,