budget deficit
US /ˈbʌdʒɪt ˈdɛfɪsɪt/
UK /ˈbʌdʒɪt ˈdɛfɪsɪt/

1.
预算赤字
the amount by which a government's spending exceeds its revenue over a particular period, typically a fiscal year
:
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The country is facing a significant budget deficit this year.
该国今年面临巨大的预算赤字。
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Reducing the budget deficit is a top priority for the new administration.
削减预算赤字是新政府的首要任务。