Apropos inflation, the government could try to inflate its way out of this crisis, covering the deficit by printing money.
So it brings in a little more revenue, and the CBPP wants that revenue to go straight to deficit reduction.
And the weak economic recovery makes this hard task even harder in other deficit countries like the U.K.
That is to say, the factors that help drive the budget into deficit in the first place make them much worse.
It took in $122.8 billion and spent $326 billion, notching a $203.5 billion deficit.
The fellows will easily make up the deficit, and give enough over to provide for traveling expenses.
He might perhaps have dispersed the Assembly; he could not disperse debt and deficit.
A paltry £10,000 a year would pay the annual deficit in such a theatre.
The deficit is worth a reference; it is for what they call a cool sum, Frank.
Despite the solicitude of Congress the revenue failed to recover, and in 1837 and several succeeding years showed a deficit.
1782, from French déficit (late 17c.), from Latin deficit "it is wanting," an introductory word in clauses of inventory, third person singular present indicative of deficere "to be deficient" (see deficient).
deficit def·i·cit (děf'ĭ-sĭt)
A lack or deficiency of a substance.
A lack or impairment in mental or physical functioning.
A shortage, especially the amount by which a sum of money falls short of what is required; a debt.