deficit spending

noun

Definition of deficit spending

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

Examples of deficit spending in a Sentence

Recent Examples on the Web Once negotiations in Washington turn exclusively on deficit spending, deals become much easier to accomplish. Mick Mulvaney, WSJ, 27 June 2021 Skeptics have warned of government overreach and the risk that deficit spending could ignite inflation, but Biden and his team of economic advisers have nonetheless embraced the approach. BostonGlobe.com, 2 May 2021 Skeptics have warned of government overreach and the risk that deficit spending could ignite inflation, but Mr. Biden and his team of economic advisers have, nonetheless, embraced the approach. Patricia Cohen, New York Times, 2 May 2021 Even before the pandemic, Republican and Democratic leaders alike embraced a long-term path of deficit spending. Andrew Stuttaford, National Review, 16 July 2021 These disagreements date at least from the early 20th century with John Maynard Keynes, a forceful advocate of deficit spending to counter shortfalls in aggregate demand during times of recession. Rick Miller, Forbes, 24 June 2021 Few of the pundits who trumpet the long-term wisdom of Medicare for all or the negligible impact of deficit spending have the credentials for such soothsaying. Frank Bruni New York Times, Star Tribune, 17 June 2021 As expected, the difficult 2020-21 year yielded deficit spending, though the picture was somewhat better than expected. Chris M. Worrell, cleveland, 2 July 2021 Expanding deficit spending increases the debt while funding projects that taxpayers may not support. Rick Miller, Forbes, 24 June 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deficit spending.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of deficit spending

1938, in the meaning defined above

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Time Traveler for deficit spending

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The first known use of deficit spending was in 1938

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Dictionary Entries Near deficit spending

deficit financing

deficit spending

de fide

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Statistics for deficit spending

Last Updated

2 Aug 2021

Cite this Entry

“Deficit spending.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deficit%20spending. Accessed 21 Sep. 2021.

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