budget deficit

British  

noun

1. the amount by which government expenditure exceeds income from taxation, customs duties, etc, in any one fiscal year

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Example Sentences

See Examples For:

budget deficit

The capital that would have gone to fund the budget deficit was freed up for investment in the internet and telecommunications boom.

From Barron's ● Jun. 26, 2026

And the federal budget deficit this year is expected to be $1.9 trillion.

From MarketWatch ● Jun. 25, 2026

The solution looks obvious: the U.S. should slash its budget deficit and China should reform its financial and fiscal system.

From The Wall Street Journal ● Jun. 12, 2026

But the next governor is going to face some really tough challenges, including a structural budget deficit that’s probably going to require both painful cuts and unpopular tax hikes.

From Los Angeles Times ● Jun. 7, 2026

Through knowledge, political will, and perhaps some luck, we seem to have tamed inflation and the budget deficit.

From "Newjack: Guarding Sing Sing" by Ted Conover