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

And the nearly $1.8 trillion federal budget deficit so far this fiscal year only reinforces the borrowing need.

From MarketWatch ● Aug. 23, 2026

The OBR expects the budget deficit to fall to 3.6% of gross domestic product this year from 4.3% in the last fiscal year.

From The Wall Street Journal ● Aug. 21, 2026

This, he said, would be achieved by lowering inflation with increased energy production, AI-driven productivity, and a lower budget deficit, which was $1.8 trillion in fiscal 2024.

From The Wall Street Journal ● Aug. 20, 2026

Berryessa Union has lost nearly a quarter of its students over the last decade, leaving a $6-million budget deficit.

From Los Angeles Times ● Aug. 4, 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