财政年度预算执行结果所出现的财政支出超过财政收入的差额。因这种差额按规定在会计业务中用红笔书写,故称“赤字”。财政出现赤字,尤其是连续发生巨额财政赤字,会引起财政性货币发行,导致通货膨胀。我国弥补财政赤字的主要方式有发行公债、向地方财政借款、增收节支等,其中增收节支是最根本的途径。财政赤字分为硬赤字和软赤字两种。1.硬赤字是债务收入列入财政经常收入,收支相抵,支出大于收入的差 The fiscal expenditure that results from the execution of the budgetary year exceeds the difference of the fiscal revenue. Because of this difference in the accounting business required by the red pen to write, so called “deficit ”. Fiscal deficits, especially the huge fiscal deficits that occur consecutively, can cause fiscal currency issuance, leading to inflation. Our main ways to make up for the deficit include issuing bonds, borrowing from local finance, increasing income and saving expenses, among which the most fundamental way is to increase income and reduce expenditure. The fiscal deficit is divided into two kinds of hard deficits and soft deficits. 1. Hard deficit is the debt income included in the regular revenue, balance of payments, spending more than income difference