noun · neutral
budget deficit
/ˈbʌdʒɪt ˈdɛfɪsɪt/BUD·get DEF·i·cit
Band 5-6task2speaking
the shortfall that occurs when a government's spending exceeds its revenue
Examples
“A large budget deficit can increase national debt if not controlled.”
“The government pledged to reduce the budget deficit over the next four years.”
“Analysts noted that the budget deficit widened after the stimulus package.”
Band 8 sentence
“Closing the budget deficit will require difficult choices on both spending cuts and revenue measures.”
Collocations
- reduce the budget deficit
- run a budget deficit
- large budget deficit
Word family
budget noun / verbdeficit nounfiscal adjective
Common mistakes
deficit of budget→budget deficit
deficit budget→budget deficit
Say it for a higher band
5deficit budget→6budget's deficit→7+budget deficit
Synonyms
fiscal deficit
Easily confused
fiscal deficit
“The fiscal deficit reached 6% of GDP last year.”
Related words
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In Society & Government
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