deficit spending

American  

noun

1. the practice of spending funds in excess of income, especially by a government.

---

Etymology

Origin of deficit spending

First recorded in 1935–40

Example Sentences

The dollar has broadly weakened, in part because planned tax cuts and other policies are fueling fears about deficit spending.

From The Wall Street Journal

She’s generally described as a “fiscal dove” in the Abe mode, meaning she’s not afraid of deficit spending in pursuit of economic growth.

From The Wall Street Journal

The failure to respond decisively is the geopolitical equivalent of runaway deficit spending.

From The Wall Street Journal

Lower taxes can drive growth, deficit spending, and inflation.

From Barron's

"Over the past four years, our government racked up $8 trillion in wasteful deficit spending and inflicted nation wrecking energy restrictions, crippling regulations and hidden taxes like never before."

From BBC

Related Words

• budget deficit