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.

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RELATED FAQS
  1. What is the effect of a fiscal deficit on the economy?

    Take a deeper look into the real impacts of government budget deficits on the economy, and why government financing reduces ... Read Answer >>
  2. Who thinks fiscal deficits are a good idea?

    Find out why nearly all political actors support the concept of governments incurring fiscal deficits, either explicitly ... Read Answer >>
  3. Which countries run the largest budget deficits?

    Discover the countries with the largest budget deficits and what it means. Deficits are influenced by the economy and also ... Read Answer >>
  4. What is the difference between a current account deficit and a trade deficit?

    Learn the meanings of the macroeconomic terms current account deficit and trade deficit, and understand the differences between ... Read Answer >>
  5. What is the difference between fiscal deficit and federal debt, and which is worse?

    Read about the primary differences between the federal government's fiscal deficits and its total debt, and find out which ... Read Answer >>
  6. Should investors worry about the budget deficit?

    Understand the difference between government deficits and government debt, and learn why these figures can be significant ... Read Answer >>
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