You searched for: “government deficit
government deficit
A shortage, less than is due, or in the case of a business or government budget, more expenditures than income.

Unbalanced budgets with a planned year-end deficit are prohibited at every level of government except the federal.

This entry is located in the following units: gov-, gover- + (page 1) Pleonasms or Tautological Redundancies (page 10)