The phrase "ballooning budget" refers to a situation where the amount of money a person, company, or government has to spend keeps growing bigger and bigger, often in an excessive or uncontrollable way. Full definition
And then there are the more endemic challenges of lofty stock valuations, ballooning budget deficits, and the turbulent end of a three - decade - long bull market in bonds. (fortune.com)
Smaller organizations designed to be more efficient have become a trend in NASCAR, as teams deal with ballooned budgets in a troubling economic climate and too few companies willing to spend large sums to serve as primary sponsors. (sbnation.com)
A top credit - ratings agency said the bill would balloon the budget deficit and give only a temporary boost to the economy. (cnbc.com)