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When government expenditure exceeds its income, which includes fees, taxes, and investment returns, there is a federal deficit budgeting.<br>
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Find Out About Deficit Budgeting and Its Effects and More When spending exceeds revenue, the situation is referred to as deficit budgeting. Although mainly used by governments, this has many applications for businesses and individuals. In other words, a budgetary deficit is said to have occurred when expenditure exceeds income, either in the personal, governmental, or commercial budgets. You can read the full content: https://www.businessupside.in/find-out-about- deficit-budgeting-and-its-effects-and-more/ Business Upside India Email ID: support@businessupside.co m Phone No.: 1800-270-3002 Visit Us: https://www.businessupside.in/ Stay Connected Via: https://www.facebook.com/businessupside https://twitter.com/BusinessUpside1 https://www.instagram.com/businessupsideusa/ https://www.linkedin.com/company/businessupside/ https://www.pinterest.com/businessupside2021/