单词 | federal budget deficit |
释义 | federal budget deficitDefinition The financial shortage of the federal government's budget. It represents more money being spent than is coming in via taxes and other income. Use 'federal budget deficit' in a SentenceAs the federal budget deficit grows, it becomes increasingly important that GDP growth keeps pace with it, so that an equilibrium can be reached. Ongoing federal budget deficits in the hundreds of billions and trillions of dollars have driven the national debt to more than $18 trillion. The issue to be discussed was the governmental regulations and decisions that could impact our business such as the federal budget deficit. |
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