Pronounce Budget Deficit as B UW D G EH T D EH F IY K IY T.
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an excess of expenditures over revenues
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A common way to finance a budget deficit is to issue bonds.
Reducing the budget deficit is a major concern of the government.
A huge federal budget deficit has been plaguing the American economy for many years.
A budget deficit must be financed somehow.
A budget deficit will occur because of a revenue shortfall.
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