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federal deficit

federal deficit

19 5.0
The amount the federal government spends more than it gets in one year
  • noun
  • /ˈfɛdərəl ˈdɛfɪsɪt/
translation icon : déficit federal
  • The vast federal deficit has led to an even more severe conflict between environmental goals and economic growth.
  • reduce the federal deficit

Social Security can't, by law and by precedent and by culture, add to the federal deficit and the federal debt.

Examples

  • And what does the Congressional Budget Office project the U.S. federal deficit to be in fiscal 2013?

    Blog text (24)
  • To sum up: Money will take center stage, with economic growth, taxes, and the federal deficit all playing major parts.

    Blog text (25)
  • Both made reducing the federal deficit their highest priority.

    Academic text (1999)
  • Why not raise reserve requirements to keep pace with the new reserves created by federal deficit spending?

    Blog text (2)
  • An important step in reducing the federal deficit would be to return welfare spending to pre-recession levels.

    Blog text (13)
  • The CBO projected a 20% cut in the federal deficit, and that is just about what the official numbers were.

    Blog text (8)
  • However, the fiscal cliff does have an upside of sorts in that it would reduce the federal deficit.

    Blog text (8)
  • House Democratic Leader Nancy Pelosi suggests any deal cut $4 trillion from the federal deficit.

    Blog text (6)
  • As implied by such projections, Medicare expenditures will contribute substantially to the federal deficit for years to come unless drastic changes occur.

    Academic text (1994)
  • The government plans to address the federal deficit by increasing taxes and cutting spending.

Synonyms

deficit
vsfederal deficit
674 4.3

An amount by which money or resources are less than needed

is the national government's yearly money gap rather than any general shortage
budget deficit
vsfederal deficit
  • Specialized
62 3.7

A situation when a budget has more spending than income, for example for a government or company

is the national government's yearly gap between spending and income

How Large

federal deficit
19 5.0
budget deficit
  • Specialized
62 3.7
deficit spending
  • Specialized
21 5.3
balanced budget
364 3.9

Surface Forms

Morphology

federal + deficit

The meaning is directly compositional: 'federal' specifies the level of government and 'deficit' denotes an amount falling short, so a B1 learner who knows both words can infer it means the national government's shortfall. This construction is literal and cross-linguistically common in political vocabulary, making it transparently understandable without prior exposure.

Etymology

Federal deficit comes from two simple words: federal, meaning the national government, and deficit, meaning a lack of money. So it creates the picture of a government with less money than it needs, and that's why federal deficit means 'the amount the government spends that is more than the money it receives'.