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.

RELATED TERMS
  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. Trade Deficit

    An economic measure of a negative balance of trade in which a ...
  4. Deficit Spending

    When a government's expenditures exceed its revenues, causing ...
  5. Deficit Spending Unit

    A economic term used to describe how an economy or economic unit ...
  6. Ricardo-Barro Effect

    A macroeconomic concept that postulates that when a government ...
Related Articles
  1. Markets

    What's a Deficit?

    A deficit is the amount by which expenses or costs exceed income or revenues.
  2. Markets

    How Budget Deficits Work

    How do governmental and business budget deficits function?
  3. Markets

    Twin Deficits: Twice The Fun For The U.S

    The U.S. has been running both fiscal and current account deficits for years, but what does it all add up to?
  4. Markets

    The Pros & Cons of a Trade Deficit

    Is a trade deficit, also known as a current account deficit, beneficial or detrimental to a country's economy?
  5. Markets

    Breaking Down The U.S. Budget Deficit

    Find out why this particular piece of national financing gets so much attention from the media and investors.
  6. Markets

    Who is a Hawk?

    In the economic sense of the word, a hawk is someone who believes high interest rates should be maintained to keep inflation low.
  7. Personal Finance

    Current Account Deficits: Government Investment Or Irresponsibility?

    Deficit can be a sign of trouble for some countries, and of health for others. Find out what it means when more funds are exiting than entering a nation.
  8. Markets

    The Current State of the U.S. Debt

    Discover the current state of U.S. national debt, whether it's increasing or decreasing, and what is projected for the next 10 years.
  9. Markets

    Current Account Deficit

    A current account deficit occurs when a country spends more money on the goods and services it imports than it receives for the goods and services it exports.
  10. Markets

    Why Money Flow From Japan Matters to the U.S. Equity Market

    Discover why Japanese savers and investors may have a lot to say about the future of the U.S. equity market, and why the trade deficit is responsible.
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 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 >>
  5. Why do some analysts argue that trade deficits aren't bad for the economy?

    Understand the reasons why trade deficits, reviled by many economic analysts, are not always a bad thing in the eyes of many ... Read Answer >>
  6. At what level is the current account deficit considered excessive, in terms of percent?

    Take a deeper look at the variables that impact current account deficits, and learn why not all types of deficits have equal ... Read Answer >>
Hot Definitions
  1. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  2. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  3. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  4. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  5. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  6. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
Trading Center