Definitions for Deficits
deficits

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1. deficits

   The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the primary balance and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the structural balance (also known as cyclically-adjusted balance) and the cyclical component: the structural budget balance attempts to adjust for the impact of cyclical changes in real GDP, in order to indicate the longer-run budgetary situation. The government budget surplus or deficit is a flow variable, since it is an amount per unit of time (typically, per year). Thus it is distinct from government debt, which is a stock variable since it is measured at a specific point in time. The cumulative flow of deficits equals the stock of debt.

How to pronounce Deficits?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Deficits in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Deficits in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of Deficits in Pythagorean Numerology is: 3

Examples of Deficits in a Sentence

1. Brockton Mayor William Carpenter:

   Year after year we’re running multimillion-dollar deficits in our budget. We’ve laid off schoolteachers for three years in a row.

2. John Yarmuth:

   President Donald Trump added nearly $ 2 trillion to our deficits with tax cuts for the wealthy and large corporations, and now it appears President Donald Trump budget asks the American people to pay the price, with severe cuts to essential programs and services that would leave our nation less safe and secure, the Trump budget is as dangerous as it is predictable.

3. Renaud Foucart:

   Government agencies predict massive deficits in the coming years, as boomers continue to retire, and they need to make changes very quickly otherwise they will lose money to invest in other things.

4. Senate Minority Leader Chuck Schumer:

   Which isn't a lot. But this primary is just getting started.Both of these things can't be trueTrump's main pitch for reelection is the economy and, while it hasn't lived up to his 2016 campaign promises, he put forward an extremely rosy outlook in his annual budget proposal, released Monday.Just as an example, read from CNN's story about the predicted deficits in Trump's budget compared to the nonpartisan Congressional Budget Office.Both of these things cannot be true:CBO says budget will grow -- The deficit -- the gap between how much the government spends versus how much it takes in -- surpassed $1 trillion for the calendar year in 2019, marking the first time since 2012.That number is only expected to widen even further over the coming decade, reaching a total of $1.7 trillion in 2030, according to the latest projections by the nonpartisan Congressional Budget Office released in late January.White House says budget will shrink -- That's a sharp contrast to the White House's latest blueprint, which projects that the deficit will shrink to $261 billion by 2030. The President's budget assumes that the economy will grow at around 3% annually during that period of time helping to narrow the gap. Those estimates are significantly higher than what most economists anticipated along with the Federal Reserve.Bonus: Read CNN reporter Donna Borak's piece on the White House plan for more tax cuts despite the deficits.Impeachment falloutGiuliani has a channel to Barr -- Republican Sen. Lindsey Graham said Rudy Giuliani is giving information regarding his Ukraine conspiracy theories to Attorney General William Barr through some sort of special channel Barr has set up. This is not surprising since Trump clearly lumps his lawyer and the attorney general together. He asked Ukraine's President to be in touch with both of them. But a back channel to the DOJ? This is, um, not how things are supposed to work, writes Elie Honig.Trump weaponizes the presidency -- Read this from Stephen Collinson: (Trump) is completing his project of fashioning the office around his own personality. It's unrestrained, unaccountable, often profane, impervious to outside influence and factual constraints of normal governance. The President has established dominance over his party, his Cabinet and his own media complex. He loosened Congress's constraints by refusing to cooperate with the impeachment probe. The result is that there are very few political constraints on his behavior left.

5. John Halpin:

   The biggest problem ahead of the 2022 midterms is that voters don’t think Biden and the Democrats are focused on the issues that matter most to them, if you look at the most recent Wall Street Journal poll, Democrats are currently suffering double-digit deficits compared to Republicans on perceptions about which party is best able to handle nearly all of the issues that matter most to voters.

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References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Deficits