What is another word for federal deficit?
Pronunciation: [fˈɛdəɹə͡l dˈɛfɪsˌɪt] (IPA) 
There are numerous synonyms for the term "federal deficit," which refers to the amount of money the government spends that exceeds the revenue it generates. Some of the alternatives to the term "federal deficit" include "budget shortfall," "national debt," "deficit spending," and "fiscal imbalance." These terms are generally used interchangeably to describe the same issue, which is the amount of money the government owes due to its spending habits. Regardless of the terminology used, the federal deficit remains a major issue for policymakers, politicians, and economists, as it reflects the health and sustainability of the country's finances and economy.
