budget deficit
noun[C]
us/ˈbʌdʒ·ɪt ˌdef·ə·sɪt/politics & government
thedifferencebetween a government'sincomeand how much itspends.
budget deficit| Business English
budget deficit
noun[C]
ECONOMICS,FINANCEukustheamountofextramoneythat agovernmentneedsbecause it hasspentmoremoneythan itearned:
TheWhiteHousesays thefederalgovernmentwillruna$9trillionbudgetdeficitover the nextdecade.
Compare
budget surplus
Examplesofbudget deficit
budget deficit
He said that tax evasion played a role in thebudgetdeficit.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.However, since it is a non-cash expense it is excluded from thebudgetdeficitcalculation.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The cuts were needed to fill a two-yearbudgetdeficitof nearly $10 million.
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This example is from Wikipedia and may be reused under a CC BY-SA license.What is the best way to cut thebudgetdeficit?
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This example is from Wikipedia and may be reused under a CC BY-SA license.Reconciliation generally involves legislation that changes thebudgetdeficit(or conceivably, the surplus).
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This example is from Wikipedia and may be reused under a CC BY-SA license.The government expected a 6 billionbudgetdeficitfor the fiscal year 2009.
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This example is from Wikipedia and may be reused under a CC BY-SA license.A major cause of the university system'sbudgetdeficitwas due to a lack of state support going to higher education.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The government had also implemented new tax measures to increase government budget, thus lessening thebudgetdeficit.
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This example is from Wikipedia and may be reused under a CC BY-SA license.While thebudgetdeficitand stock-flow adjustment together comprise the governments yearly change to the amount of borrowed public debt.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The cuts were necessitated by a $1.2 millionbudgetdeficitfor 2011-12.
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Wikipedia
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.