budget deficit

名词 budget deficit:

1. an excess of expenditures over revenues

1. A fiscal policy of incurring budget deficits to stimulate a weak economy.
   为刺激贫弱经济而引起预算赤字的财政政策
2. Tax was low and state spending was high, resulting in a budget deficit.
   税率低而政府支出大，结果出现预算赤字。