Deficit Spending: Overview.

DEFICIT financing; GOVERNMENT spending policy; BUDGET deficits; UNITED States economy; OVERSPENDING; FINANCIAL crises

General information regarding deficit spending is presented. The term defines situations in which expenditures exceed an organization's income and particular focus is given to the practice of deficit spending by the U.S. government. The use of deficit spending during economic and financial crises, issues connected to the impact of budget deficits, and international effects of deficit spending are also discussed.