deficit spending
Noun
Meaning
spending money raised by borrowing; used by governments to stimulate their economy
Source: WordNetSynonyms
Hypernyms
Examples
The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.
Consumer debt is the lifeblood of our economy. All modern nation states are built on deficit spending. Debt has come to be the central issue of international politics. But nobody seems to know exactly what it is, or how to think about it.
Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
We can't have deficit spending in Texas. You have to balance your budget every two years.
To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.
The reason Ronald Reagan gets slammed for having so badly exacerbated the problem of deficit spending is that he so plainly deserves it.