deficit

Phonetic

US /ˈdefɪsɪt/UK /ˈdefɪsɪt/

NOUNDeficiency in amount or quality; a falling short; lack., A situation wherein, or amount whereby, spending exceeds (e.g. government) revenue.

Trump criticizing Republicans for not addressing the growing deficit.
Source:www.nytimes.com
his three-point deficit in Pennsylvania is the same shown in our last poll in the state, taken in May.
Source:www.nytimes.com
Trump said on Sunday night that new tariffs on the EU would “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products.
Source:www.theguardian.com
If Trump were even to tell China, “Hey, I’ll let you off the hook on tariffs, if you build more factories in America,” that would definitely help reduce our trade deficit with Beijing, but it might not be such a vote-getter/ˈɡɛtə/ for Republicans.
Source:www.nytimes.com
During a televised statement, Sánchez called the Trump administration’s move an effort to “collect money to try to mitigate/ˈmɪtɪɡeɪt/ the deficit caused by a questionable fiscal policy.”
Source:www.nytimes.com