Budget Deficit
TopicA budget deficit occurs when a government's total expenditures exceed the revenue it generates, such as from taxes and other sources, over a specific period. This negative fiscal balance is typically financed through borrowing, which contributes to the country's national debt. It is a critical indicator used to assess a nation's fiscal policy and overall economic health.
Expert statements
What experts have said about Budget Deficit
4 statements · 1 positive · 3 negative
The federal deficit is the biggest driver of higher long-term yields.
“I think that is the single biggest factor that's been pushing long term yields higher.”
Open the episode · #419 Chris Whalen: Mortgage Funeral, No Bond Rally & the Deficit Washington Won’t Talk AboutListen at 17:24
The federal budget deficit should be cut in half annually.
“Let's cut it in half every year.”
Open the episode · #419 Chris Whalen: Mortgage Funeral, No Bond Rally & the Deficit Washington Won’t Talk AboutListen at 18:27
The federal budget deficit will exceed $2 trillion by fiscal year-end.
“And by the time we get to the end of the fiscal year, in a couple of months, we'll probably be over the $2 trillion deficit figure.”
Open the episode · The big deal with a big debtListen at 1:13
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.