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Deficit reduction can refer to any method of reducing a
government budget deficit The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a '' ...
(including reduced
government spending Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual o ...
and/or increased
government revenue Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it to undertake public expenditure. Government revenue as well as government spending are components of the government budget and ...
).


See also

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Deficit (disambiguation) A deficit is the amount by which a sum falls short of some reference amount. Economics * Balance of payments deficit, when the balance of payments is negative * Government budget deficit * Deficit spending, the amount by which spending exceeds r ...
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Deficit Reduction Act (disambiguation) The Deficit Reduction Act may refer to various pieces of United States legislation, including: * Deficit Reduction Act of 1984 * Gramm-Rudman-Hollings Deficit Reduction Act of 1985 * Omnibus Budget Reconciliation Act of 1993 * Deficit Reduction A ...
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Deficit reduction in the United States Deficit reduction in the United States refers to taxation, spending, and economic policy debates and proposals designed to reduce the Federal budget deficit. Government agencies including the Government Accountability Office (GAO), Congressio ...
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United States Congress Joint Select Committee on Deficit Reduction The Joint Select Committee on Deficit Reduction,Budget Control Act of 2011, , Title IV colloquially referred to as the Supercommittee, was a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August ...
{{Fin-theory-stub Deficit spending Government spending Tax