deficit spending

noun
🔊/ˈdefɪsɪt spendɪŋ/
🔊/ˈdefɪsɪt spendɪŋ/
[uncountable] (economics经济学)
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  1. government spending of money that comes from borrowing rather than from taxes
    • Many are worried about deficit spending and public debt.许多人担心赤字支出和公共债务。
    • As the government borrows more to pay for its deficit spending, interest rates rise and businesses suffer.随着政府借更多的钱来支付赤字支出,利率上升,企业蒙受损失。