Want this question answered?
Budget Surplus
revenues exceed expenses.
To generate revenues to pay for government expenditures.
Cyclical.╓­­­■Taxen■╖
budget deficit
Budget Surplus
yes it exceeds.
there is a surplus or profit.
a big fat in the red( deficet )not sure how to spell it
Alaska is the only profitable US State. Revenues exceed expenditures. Governor Palin is responsible for this.
because expenditures exceed revenues, currently by about $1 trillion/year
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
revenues exceed expenses.
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.
A balanced budget
Cyclical.╓­­­■Taxen■╖
To generate revenues to pay for government expenditures.