Phrases with «to balloon the deficit»

The phrase "to balloon the deficit" means to cause a rapid and significant increase in the budget shortfall or the amount of money the government owes. It refers to a situation when the deficit grows quickly, just like a balloon expands rapidly when air is blown into it. Full definition

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Sentences with «to balloon the deficit»

  • First elected to Parliament in 1988, Manley served as a Liberal when the government wrestled with Canada's ballooning deficit during the 1990s. (canadianbusiness.com)
  • Provincial governments, strapped for cash and facing ballooning deficits, have been hacking away at the prices they pay for generic drugs. (canadianbusiness.com)
  • And what we know from that era is that the fallout from ballooning deficits, outsize interest - rate increases, and currency strength can be huge. (putnam.com)
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