4 days ago · The explosion of the budget deficit was one of the most worrisome things that happened post-Covid. While inflation peaked in 2022, the deficit kept getting worse because of the "fiscal doom …

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

2 days ago · Each year’s deficit adds to the already enormous national debt, with interest costs driving further spending growth. The annual deficit is the product of numerous cash flows into and out of the …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

DEFICIT definition: the amount by which a sum of money falls short of the required amount. See examples of deficit used in a sentence.

Dec 16, 2025 · The deficit drives the amount of money the government must borrow in any single year, while the debt is the cumulative amount of money the government has borrowed throughout our …

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a …

The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue.