government deficit
noun[C,usually singular]
GOVERNMENT,ECONOMICSukustheamountby which a government'sspendingis more than themoneyitreceives:
Thegovernmentdeficitisexpectedtoreach4.8% thisyear.
Compare
government surplus
Examplesofgovernment deficit
government deficit
People increasingly refused to pay taxes as the annualgovernmentdeficitincreased from 10% of gross national product in 1789 to 64% in 1793.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.The crisis could also show up in a different "form", for example as severe inflation or a steadily increasinggovernmentdeficit.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The program did not believe in immediategovernmentdeficitreduction; it believed that will only make the situation worse.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Any use of thegovernmentdeficitto steer the macro-economy is called fiscal policy.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Governmentdeficitspending is a central point of controversy in economics, as discussed below.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Generalgovernmentdeficithas shown a drastic decline to -3.4% (2008) from -9.2% (2006).
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This example is from Wikipedia and may be reused under a CC BY-SA license.In regards of windfall revenues, a rule was also agreed, that such funds should be spend directly on reduction ofgovernmentdeficitand debt.
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This example is from Wikipedia and may be reused under a CC BY-SA license.He eliminated thegovernmentdeficitin three years.
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This example is from Wikipedia and may be reused under a CC BY-SA license.First, they objected because the bill would authorize additional spending above and beyond currentgovernmentdeficitspending.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Subsequent revisions of the data show also other countries exceeding the fiscal deficit (governmentdeficit) of 3% during the evaluation period.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.