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A '''budget deficit''' is the amount each year by which [[government]] spending is greater than government income. This [[deficit]] can be borrowed by using money left over from a [[budget surplus]] or by borrowing money.
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==Sources==
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http://usinfo.state.gov/products/pubs/oecon/chap12.htm
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==References==
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{{reflist|2}}
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{{Template:Economic preparedness topics}}
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[[Category : Economic Preparedness]]
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[[Category:Debt]]
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[[Category:Banksters]]
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[[Category:Crime]]
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[[Category:Finance]]
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[[Category:Economics]]
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[[Category:Corruption]]
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[[Category:Deceit]]
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[[Category:Survivalism]]
 
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