What does federal deficit mean?

Definitions for federal deficit
fed·er·al deficit

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

Princeton's WordNet

  1. federal deficitnoun

    an excess of the federal government's spending over its revenue

    "federal deficits can cause inflation"

ChatGPT

  1. federal deficit

    A federal deficit is the financial state in which a government's expenditures exceed its revenues within a given fiscal year, causing it to borrow money to cover the shortfall. This is commonly seen when the government spends more funding on public services, defense, and other administrative costs than it gathers from taxes and other income sources. The federal deficit is often used as an indicator of a government's financial health.

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Numerology

  1. Chaldean Numerology

    The numerical value of federal deficit in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of federal deficit in Pythagorean Numerology is: 8

Examples of federal deficit in a Sentence

  1. President Biden:

    Let me remind you again : I reduced the federal deficit, all the talk about the deficit from my Republican friends, I love it. I've reduced it $ 350 billion in my first year in office. And we're on track to reduce it, by the end of September, by another 1 trillion, 500 billion dollars -- the largest drop ever.

  2. The CBO:

    If the laws currently in place governing spending and revenues generally remained unchanged and no significant additional emergency funding was provided, the federal deficit would be roughly $3.7 trillion in fiscal year 2020 and $2.1 trillion next year.

  3. Donald Trump:

    The core of my first budget blueprint is the rebuilding of our nation's military without adding to our federal deficit.

  4. Don Forgeron:

    That's a problem. That means (money to pay for) damages beyond what the fund can cover will need to be found elsewhere, resulting either in cuts to other programs or an increase in the federal deficit, climate change ... has moved from future threat to present danger.

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"federal deficit." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/federal+deficit>.

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