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deficit spending

noun

: the spending of public funds raised by borrowing rather than by taxation

Example Sentences

Recent Examples on the Web Johnson also called for Congress to stop the deficit spending and encourage people to get back to work. Andrew Kugle, Fox News, 18 Aug. 2022 Notable about all this demand-side faux stimulus in Japan is that a lot of it has been deficit spending. John Tamny, Forbes, 24 July 2022 If that money stops coming in, that will mean either a cut to those programs, more deficit spending, or the revenue will have to be made up elsewhere. Robert Rapier, Forbes, 21 June 2022 In 2020 and 2021, U.S. Federal spending exceeded revenues by more than 10% of GDP, with the Federal Reserve purchasing all of the Treasuries necessary to finance that deficit spending. Adam Strauss, Forbes, 30 Apr. 2022 This $30 billion was entirely new deficit spending. Brian Blase, Forbes, 26 May 2022 There is no guarantee of swift action on Capitol Hill, where lawmakers — particularly Republicans — have grown newly wary of deficit spending. Zeke Miller, Anchorage Daily News, 21 May 2022 There is no guarantee of swift action on Capitol Hill, where lawmakers — particularly Republicans — have grown newly wary of deficit spending. Zeke Miller, BostonGlobe.com, 21 May 2022 Dunleavy’s initial proposal called for a roughly balanced budget this year, coming after nine straight years of deficit spending amid lower prices and production of oil. Nathaniel Herz, Anchorage Daily News, 13 May 2022 See More

Word History

First Known Use

1938, in the meaning defined above

Time Traveler
The first known use of deficit spending was in 1938

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