budget deficit

British  

noun

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

---

Example Sentences

See Examples For:

budget deficit

Yet Barclays analysts expect the U.S. to face a roughly $2 trillion budget deficit in 2026, and see Treasury issuance playing a role in filling that gap.

From MarketWatch ● Jul. 26, 2026

Colombia faces a budget deficit over 6% of GDP and 11.25% interest rates, with the new president prioritizing security.

From Barron's ● Jun. 22, 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