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

In short, the federal budget deficit could balloon in the first four months of next year, sparking higher bond yields and a stock market pullback, said Yardeni.

From MarketWatch

A final concern is that rising bond yields in Japan will draw domestic savings home instead of going to the U.S. to finance the American budget deficit.

From The Wall Street Journal

After years of declining enrollment and the exhaustion of pandemic-era federal funds, Pasadena Unified had run up a $37-million budget deficit even before the fire.

From Los Angeles Times

“His ratings on individual domestic issues such as the economy, immigration and the federal budget deficit, which were previously areas of relative strength for him, are no longer,” Gallup said.

From Barron's

“His ratings on individual domestic issues such as the economy, immigration and the federal budget deficit, which were previously areas of relative strength for him, are no longer,” Gallup said.

From Barron's