释义 |
federal deficit ThesaurusNoun | 1. | federal deficit - an excess of the federal government's spending over its revenue; "federal deficits can cause inflation"budget deficit - an excess of expenditures over revenues |
Federal deficit
Federal deficit (surplus)When federal government expenditures are exceeded by (are less than) federal government revenue.Federal DeficitThe amount by which the expenditures of the United States Federal Government exceed its revenue from taxes, tariffs, and other sources. In order to finance the deficit, the Government must borrow money, especially by the issue of Treasury securities. Some economists believe that the federal deficit has only minor importance, while others believe it could cause inflation if left unchecked, because the Government would eventually have to print money repay the deficit. It should not be confused with the national debt.federal deficit Related to federal deficit: Statutory Debt LimitWords related to federal deficitnoun an excess of the federal government's spending over its revenueRelated Words |