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federal deficit

/ˈfɛdərəl ˈdɛfɪsɪt/

1 entry

phrase

/ˈfɛdərəl ˈdɛfɪsɪt/C1formalpolitical
  • ruСумма, на которую общие расходы правительства превышают его общие доходы в данном финансовом году, часто используется в экономических и политических дискуссиях.

The amount by which a government's total spending exceeds its total revenue in a given fiscal year, often used in economic and political discussions.

  1. Government budget shortfallB2formalamerican

    The amount by which a government's total expenditures exceed its total revenues in a given fiscal year.

    ruДефицит государственного бюджета

    • The federal deficit increased significantly due to the economic stimulus packages.
    • Policymakers are debating how to reduce the federal deficit without harming social programs.
    • A large federal deficit can lead to higher national debt over time.