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  1. US Federal Budget Deficit Definition | USAFacts

    Oct 20, 2025 · A budget deficit occurs when a government’s annual spending (also called “outlays”) exceeds its annual revenue (“receipts”). In other words, the government spends …

  2. Understanding Budget Deficits: Causes, Impact, and Solutions

    Oct 8, 2025 · What Is a Budget Deficit? A budget deficit happens when a government's expenses surpass its revenue and is often seen as a sign of a country's financial health.

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  3. What Is a Budget Deficit? Definition and Calculation

    A budget deficit represents a fiscal shortfall when a government’s total expenditures exceed its total revenues over a specific period, typically a fiscal year.

  4. Deficits, Debt, and Interest - Center on Budget and Policy Priorities

    Dec 16, 2025 · For any given year, the federal budget deficit is the amount of money the federal government spends (also known as outlays) minus the amount of money it collects from taxes …

  5. Budget Deficit - What Is It, Formula, Vs Fiscal Deficit, Types

    A budget deficit is where annual expenses exceed the yearly income, indicating the country’s financial unhealthiness. One can reduce the budget deficit by taking various measures such as …

  6. BUDGET DEFICIT | English meaning - Cambridge Dictionary

    BUDGET DEFICIT definition: 1. the difference between a government's income and how much it spends. 2. the amount of extra…. Learn more.

  7. Budget Deficits Definition - AP US Government Key Term | Fiveable

    Definition A budget deficit occurs when an entity, typically the government, spends more money than it receives in revenue over a specific period, leading to a shortfall that must be financed …

  8. Define Budget Deficit - Stanford EdTech Lab

    May 3, 2025 · In the realm of economics and public finance, the concept of a budget deficit holds significant importance, particularly when it comes to understanding the financial health and …

  9. Understanding Budget Deficits: Causes, Consequences

    Discover what budget deficits are, their causes, and consequences in government finance. Learn how deficits impact borrowing, debt, and economic stability.

  10. What is a Budget Deficit, and how does it impact a country's …

    Apr 20, 2025 · What is a Budget Deficit? A budget deficit arises when a government spends more money than it earns through various sources such as taxes, duties, and other revenues within …