Deficit Hawk


DEFINITION of 'Deficit Hawk'

Slang for someone who wants the government to keep the federal budget under control. Deficit hawks espouse some combination of increased taxes and decreased government spending to reduce the deficit. They believe that unsustainable federal deficits could lead to signficant long-term challenges for the economy and future generations.

BREAKING DOWN 'Deficit Hawk'

Within U.S. politics, several republican senators have been noted deficit hawks, such as Bob Dole from Kansas and George Voinovich of Ohio. However, the Concord Coalition is a nonpartisan group made up of deficit hawks from both parties.

  1. Deficit

    The amount by which a resource falls short of a mark, most often ...
  2. Budget Deficit

    A status of financial health in which expenditures exceed revenue. ...
  3. Deficit Spending

    When a government's expenditures exceed its revenues, causing ...
  4. Balanced Budget

    A situation in financial planning or the budgeting process where ...
  5. Budget

    An estimation of the revenue and expenses over a specified future ...
  6. Sales Tax

    A consumption tax imposed by the government on the sale of goods ...
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