deficit spending

• Política fiscal en la que el gobierno gasta más de lo que ingresa, creando un déficit presupuestario, a menudo utilizada para estimular el crecimiento económico durante recesiones.

A government fiscal policy where public expenditure exceeds revenue, creating a budget deficit, often used to stimulate economic growth during recessions.

1. Government spending exceeding revenueC1formal

   A fiscal policy where a government spends more money than it receives in revenue, typically by borrowing funds.

   gasto deficitario

   • The government used deficit spending to stimulate the economy during the recession.
   • Critics argue that deficit spending leads to higher national debt.
   • Deficit spending can be a tool for funding infrastructure projects.