Definition
The gap between what the government earns and what it spends, which is like your credit card statement if your credit card had a limit of infinity and your income was based on vibes. Both parties hate it loudly and do absolutely nothing about it.
Example Usage
"The national deficit just hit another record, which means future generations will inherit both our debt and our terrible taste in architecture."
Related Terms
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See “Deficit” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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