budget squeeze

budget squeeze

A financial situation in which resources are limited. We're in a real budget squeeze and can't afford a setback like this right now.See also: budget, squeeze

budget squeeze

and budget crunch n. a situation where there is not enough money in the budget. Facing another budget squeeze, the legislators were forced to put off their pay increase. If it wasn’t for the budget crunch, I’d get a good raise this year. See also: budget, squeeze