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What is another word for budget deficits?

Pronunciation: [bˈʌd͡ʒɪt dˈɛfɪsˌɪts] (IPA)

Budget deficits are a common term in government finance, representing a shortfall between revenue and expenses. However, there are multiple synonyms that can be used to describe this phenomenon. These include "fiscal shortfall," "financial gap," "deficit spending," "negative balance," and "debt accumulation." Other related terms include "austerity measures," "tax hikes," and "economic downturns." Regardless of the terminology used, budget deficits can have significant implications for public spending priorities, national debt levels, and overall economic stability. It is important for policymakers and citizens alike to understand the causes and consequences of these deficits and consider appropriate solutions to address them.
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What are the hypernyms for Budget deficits?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    economic deficit, fiscal deficit, public deficit.

Famous quotes with Budget deficits

  • Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.
    Jim Cooper
  • In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.
    Ron Kind
  • There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries.
    Robert C. Solomon
  • Our country is wallowing in a miasma of political and class conflict, of greed and special interest, with regard to budget deficits, inflation and rising unemployment, the threats of both a bloody war and a devastating recession. How did we get into this mess? Because the press, during the 1980s committed one of the greatest crimes of the 20th century. The media took a dive, caved in, and did not tell the American people the price they would eventually pay for Reaganomics.
    Carl Rowan

Related words: budget surplus, budget deficit, budget shortfall, national debt, public debt

Related questions:

  • What is a budget deficit?
  • How do you create a budget deficit?
  • What does a budget deficit mean?

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