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"meet this deficit" is a correct and usable phrase in written English
You can use it when referring to a shortage of something or a lack of a desired outcome. For example, "The charity event raised $300, but we still need to find a way to meet this deficit."
Exact(3)
"I'm not sure slashing services to the degree necessary to meet this deficit he is just beginning to acknowledge is palatable to most New Yorkers," he said.
With the evaluation of a community-based training, we want to meet this deficit.
In recognition of this problem, the Royal College of Paediatrics and Child Health in the United Kingdom have developed the Child in Mind Project that aims to meet this deficit in medical training.
Similar(55)
As stated above, the primary aim of the exercise was to meet the deficit; changes beyond this were to be considered but were discretionary.
Since there were no resources to meet this extra expenditure, the budget deficit grew, as did the money supply.
This permits the storage of surplus water in high-flood years to meet the deficit in years when the waters are low.
Still, the regions are struggling to meet the deficit target of 1.5 percent of gross domestic product set by Mr. Rajoy for this year.
Yet Germany would still find it hard to meet the deficit target and not much easier to keep out the Italians.
It promised to try to meet the deficit target agreed upon with the IMF, of 3.8% of GDP (it is now more than 7%).
That will mean yet more spending cuts and tax rises to meet the deficit target of 6% of GDP set by international lenders.
That will probably mean another meeting of finance ministers, to vote on whether to impose sanctions on Paris and Berlin for failing to meet the deficit targets.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com