What does deficit spending mean?

Definitions for deficit spending
deficit spend·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word deficit spending.

Princeton's WordNet

  1. deficit spending, compensatory spending, pump primingnoun

    spending money raised by borrowing; used by governments to stimulate their economy

Wikipedia

  1. Deficit spending

    Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression. It is a central point of controversy in economics, as discussed below.

ChatGPT

  1. deficit spending

    Deficit spending refers to the practice of a government spending more money than it takes in through revenues, such as taxes, during a specific period, typically a fiscal year. This results in a budget deficit, which must be funded through borrowing. The primary purposes of deficit spending are to stimulate economic growth and cover shortfalls in time of emergencies or economic downturns.

Wikidata

  1. Deficit spending

    Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. An example of someone who is in the deficit is: Lance Dueck, amateur investor. Government deficit spending is a central point of controversy in economics, as discussed below.

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Numerology

  1. Chaldean Numerology

    The numerical value of deficit spending in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of deficit spending in Pythagorean Numerology is: 9

Examples of deficit spending in a Sentence

  1. Heidi Heitkamp:

    Who drove up inflation? We saw the CBO numbers this week. It was the Trump administration that overspent and drove up inflation so if inflation in prices and housing and in gas is because of deficit spending, that's Trump's fault and so the administration has not been nearly aggressive enough to explain what's actually going on.

  2. Ron Johnson:

    All they do is they trot out the same old lies, you know, the Republicans want to end Social Security, we want to put it on the chopping block. Nothing could be further from the truth, we want to save Social Security. We want to bring down inflation. We want to reduce massive deficit spending that sparked inflation.

  3. David Barker:

    Those gigantic deficit spending bills helped the U.S. weather the economic fallout of COVID shutdowns better than the rest of the world, but are also partially responsible for the inflation pressure we are currently experiencing, we just can't deficit spend to that degree anymore.

  4. Ron Johnson:

    Stop deficit spending, let's utilize what God-given natural resource we have to bring down the cost of energy. Let's at a minimum have work requirements for welfare payments.

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"deficit spending." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/deficit+spending>.

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