0
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the deficit of the US?
The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
Does US have a deficit or trade surplus?
Trade deficit
Where can one find the overview of the US deficit?
An overview of the US deficit can be found in multiple places. Business news sites, such as BNN, have basic overviews of the US deficit, as well as recent information, present on the site. General news sites also have an overview of the deficit, such as the New York Times. Finally, the White House official website also has an overview of the US deficit.
Why is the US' trade deficit a concern?
The US' trade deficit is a major concern as it directly affects the economy. This is the among the gauges used to judge the competitiveness of the US economy.
Is the US budget deficit increasing?
yes
What is the deficit of the US?
The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
Does US have a deficit or trade surplus?
Trade deficit
Did the US have a trade surplus or deficit?
The USA has a trade deficit.
Is it good for the US to have a deficit and why?
NO! a deficit means that the US's expenditures exceed their revenues (money earned from taxes). If the deficit cant be closed at the end of the fiscal year the deficit becomes a Debt.
How much would each US citizen need to pay to eliminate the US deficit?
A:$48,915.74Amount of US deficit$11,042,553,971,450.40American citizens over the age of 18:225,746,457Divide the deficit amount between the amount of adults
How did the decline in the US dollar impact the US trade deficit?
The United States began experiencing a serious trade deficit.
Where can one find the overview of the US deficit?
An overview of the US deficit can be found in multiple places. Business news sites, such as BNN, have basic overviews of the US deficit, as well as recent information, present on the site. General news sites also have an overview of the deficit, such as the New York Times. Finally, the White House official website also has an overview of the US deficit.
How does the us deficit affect university students?
Usually the deficit represents problems the country is facing which may affect university students. There is no direct consequence of a high or low US deficit.
How does Texas rank in the us when it comes to deficit?
where does texas rank in the u.s.a. when it comes to deficit?
Why is the US' trade deficit a concern?
The US' trade deficit is a major concern as it directly affects the economy. This is the among the gauges used to judge the competitiveness of the US economy.
Is the US budget deficit increasing?
yes
US have a trade deficit with every country that is a trading partner?
US
