Deficit Spending Law and Legal Definition
Deficit Spending is an excess of government expenditures over government revenue. It results in a shortfall that must be financed through borrowing. It is the opposite of budget surplus.
Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms.
Deficit Spending is an excess of government expenditures over government revenue. It results in a shortfall that must be financed through borrowing. It is the opposite of budget surplus.