Noun
Deficiency in amount or quality; a falling short; lack; as, a deficit in taxes, revenue, etc.
Source: Webster's dictionaryI am not worried about the deficit. It is big enough to take care of itself. Ronald Reagan
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. Martin Feldstein
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly. Martin Feldstein
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. Martin Feldstein
The president has been a true friend of the ag industry, because he continues to invest large amounts of money at a time when savings is really the goal of the federal government to deal with the deficit. Mike Johanns
Congress had the opportunity to extend tax relief to working families without increasing the deficit. Instead, we were handed a bill that favors the wealthy and eliminates deductions that benefit the middle class. Rick Larsen