1000SC Q165

[mridula]

Because of the business community's uncertainty about the President's position in regard to the issue of the budget deficit, an unanticipated rise in interest rates has occurred.
(A) in regard to the issue of the budget deficit, an unanticipated rise in interest rates has
(B) on the deficit, an unanticipated rise in interest rates has
(C) regarding the budgetary deficit, an unanticipated rise in interest rates have
(D) on the deficit, an unanticipated rise in interest rates have
(E) regarding the deficit, an unanticipated rise in interest rates have

OA is [spoiler]B. While I agree that 'B' is grammatically correct, doesn't it leave off the word "Budget" and hence can be considered wrong?[/spoiler]

Please help!

[tanviet]

I agree with you, "budget" is lost in B.

IMO B is wrong. A is correct.