ECONOMICStheprocessofreducingtheamountby which a government'sspendingis more than themoneyitreceivesintaxes, etc.:adeficitreductionpackage/plan/targetTheIMFbelievesthat theshort-termpainofdeficitreductionwill berewardedwithlong-termgainasinterestratesfallandresourcesarefreedup for use by the moreefficientprivatesector.(Definition ofdeficit reductionfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdeficit reduction
deficit reductionHowever, the 2014deficitreductionwould adversely impact the economy in the short-run.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The prime minister emphasized that not all of the savings would go todeficitreduction.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This 2011 act authorized an increase in the debt ceiling in exchange for $2.4 trillion indeficitreductionover the following ten years.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The budget plans were both intended to focus ondeficitreduction, but differed in their changes to taxation, entitlement programs, defense spending, and research funding.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Totaldeficitreductioncould be as high as $7.1 trillion over a decade if current law is enforced and not overridden.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Of course it is filled with things people do nt likethat is the nature ofdeficitreduction.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This would have been the second installment ofdeficitreductionmeasures.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The program did not believe in immediate governmentdeficitreduction; it believed that will only make the situation worse.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.He has advocated lower taxes,deficitreductionand free trade, and called for replacing the income tax with a national sales tax.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.She has co-sponsored legislation related to debt anddeficitreduction.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/deficit-reduction##
