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View synonyms for

budget deficit

noun

  1. the amount by which government expenditure exceeds income from taxation, customs duties, etc, in any one fiscal year
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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The prospect of major cuts in federal funding for community-level services is particularly worrisome for San Francisco leaders, who are facing a budget deficit of nearly $1 billion starting this year.

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However, in the short term, we know for a fact that Liberation Day will hurt farmers, burden consumers and further bloat the budget deficit — all oh-so-misleadingly in the name of “America First.â€

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They’ve pledged to rein in government spending in the face of a budget deficit.

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Oh, and by the way, the budget deficit is half of what Trump left us with four years ago.

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Any of those, if enacted, would add hundreds of billions of dollars to the current nearly $2tn budget deficit.

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