soaring deficit

Examples (10)

• The country is facing a soaring deficit due to unexpected increases in public spending.
• The new government inherited a soaring deficit that will take years to control.
• Analysts are worried that the soaring deficit could lead to higher inflation.
• The war effort was primarily responsible for the soaring deficit during that period.
• Without immediate action, the nation will grapple with a soaring deficit for the next decade.
• A soaring deficit in the trade balance is a major concern for the economy.
• Despite promises of fiscal responsibility, the administration has overseen a soaring deficit.
• What measures can be taken to curb the soaring deficit before it triggers a financial crisis?
• The soaring deficit is putting immense pressure on the central bank to raise interest rates.
• The government's inability to manage the soaring deficit resulted in a credit rating downgrade.