It is a message to those who argue that it is impossible for a country to cut its deficit and grow at the same time.
Times, Sunday Times (2013)
Cutting the deficit is not enough: cutting the debt is required.
Times, Sunday Times (2011)
The two men agree that the deficit must be cut as a priority.
Times, Sunday Times (2011)
Definition of 'deficit'
deficit
(defəsɪt)Explore 'deficit' in the dictionary
countable noun [oft noun NOUN]
A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.