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

Nationally, he might be able to nationalize Thames Water, a troubled utility serving southern England, but bigger targets are constrained by the budget deficit.

From The Wall Street Journal ● Jun. 25, 2026

That will aggravate a budget deficit that already exceeded 6% of gross domestic product last year.

From Barron's ● Jun. 22, 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