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Federal Deficit
Definition
The amount by which a government's expenditures exceed its tax revenues. The difference is made up for by borrowing from the public through the issuance of debt. also called Federal Debt.
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Nearby Terms
- Federal Call
- Federal Communications Commission
- federal covered advisor
- federal credit agencies
- Federal Debt
- Federal Deficit
- Federal Deposit Insurance Corporation
- Federal Deposit Insurance Corporation Improvement Act (FDICIA)
- Federal Emergency Management Agency (FEMA)
- Federal Employee Retirement System (FERS)
- Federal estate tax
