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  1. The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

  2. Sep 9, 2023 · A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.

  3. May 16, 2024 · Generally, a deficit is a byproduct of expansionary fiscal policy, which is designed to stimulate the economy and create jobs. If deficit spending achieves that goal within reasonable parameters, many economists would argue that it's been successful. How can the government reduce the deficit?

  4. the amount by which a team or player is behind in a game or competition: They overcame a two-goal deficit to draw even in the second half. It was the first time in baseball history a team had overcome a three-games-to-none deficit in the World Series. Synonym.

  5. Jan 12, 2023 · WASHINGTON — The federal budget deficit fell to $1.4 trillion for the 2022 calendar year, down from $2.6 trillion a year ago, as pandemic emergency spending slowed, the economy reopened and tax...

  6. Oct 20, 2023 · The latest Treasury Department figures showed a budget deficit of $1.7 trillion in 2023, up from $1.37 trillion in 2022. Those numbers make the deficit look smaller than it actually was last...

  7. 3 days ago · What is the national deficit? A deficit occurs when the federal governments spending exceeds its revenues. The federal government has spent $ more than it has collected in fiscal year (FY), resulting in a national deficit.

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