federal_deficit
1. [ noun ] (economics,business) an excess of the federal government's spending over its revenue
Examples:

"federal deficits can cause inflation"

Related terms: budget_deficit
Similar spelling:   federal_official
  federal_district
  federal_office
  federal_department
  Federal_Party
  federal_court
  federal_agent
  federal_judiciary
  Federal_soldier
  Federal_Reserve
  Federalist_Party
  federal_tax_lien