budget deficit

Trump, who ran up budget deficits during his first term, has shown little commitment to cutting spending.

A looming budget deficit and the departure of the Oakland A’s baseball team didn’t help.

But amid budget deficits, “there’s a limitation of what California can do.”

The country faces its largest budget deficit since the 1980s.

Labour also campaigned on a pledge not to "return to austerity" - the programme of deep spending cuts and tax hikes aimed at reducing the UK’s budget deficit pursued by the 2010 Conservative-Liberal Democrat coalition.