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

This will be crucial, between long-dated Treasury yields hitting 24-year highs earlier this month, ongoing U.S. funding needs and the $2 trillion budget deficit.

From MarketWatch ● Oct. 29, 2026

The French budget deficit, projected to be 5.4% of GDP this year, is actually lower than the 6.1% of the U.S.

From MarketWatch ● Oct. 19, 2026

He co-wrote a 2003 report with suggestions for closing California’s massive budget deficit after the dot-com bubble left the state reeling.

From Los Angeles Times ● Oct. 18, 2026

On Thursday, Destry noted that top government officials—including the finance minister—have said they would stick to the rule limiting Indonesia’s budget deficit to 3% of gross domestic product.

From The Wall Street Journal ● Oct. 15, 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

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