What is deficit spending?

Question:

What is deficit spending?

Budgets and Deficits

No matter how large a company, organization, or government is, they have to have a budget, a plan for how much money they have and how they will spend it. A deficit occurs when the amount of money that they have is less than the amount they need.

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Deficit spending is when an organization purposefully spends more money than their budget allows. This is particularly common among governments, and...

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Deficit Spending: Definition & History
Deficit Spending: Definition & History

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Chapter 19 / Lesson 11
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Learn about government deficit spending in US history. Understand the causes of deficit spending and how deficit spending works. Identify arguments for and against deficit spending and deficit spending examples.


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