The amount by which a governments expenditures exceed its tax revenues. The...
When federal government expenditures are exceeded by federal government revenue.
The amount by which federal spending exceeds federal revenues for a given fiscal year.
a shortfall created when the federal government spends more in a fiscal year than it receives
an excess of the federal government's spending over its revenue; "federal deficits can cause inflation"
a tax increase on all americans that transfers money to from taxpayers directly to lenders, because everytime the government
The deficit of the federal government.
This occurs when Government expenditures exceed revenues in a Fiscal year. The Government pays for this shortfall by issuing short and long-term debt.
occurs whenever the government spends more than it collects in taxes. Federal deficits occur within the government's annual budget.
the cash value of expenditures for goods and services and the transfer of payments of the government minus its receipts from taxes