What is the federal budget deficit?

A budget deficit occurs when expenses exceed revenue, and it is an indicator of financial health. The government generally uses this term in reference to its spending rather than business or individuals. read more

The U.S. federal budget deficit for fiscal year 2019 is $985 billion. FY 2019 covers October 1, 2018 through September 30, 2019. The deficit occurs because the U.S. government spending of $4.407 trillion is higher than its revenue of $3.422 trillion. read more

Ongoing federal budget deficit s in the hundreds of billions and trillions of dollars have driven the national debt to more than $18 trillion. 14 people found this helpful The issue to be discussed was the governmental regulations and decisions that could impact our business such as the federal budget deficit. read more