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Q: How much budget deficit increases each day?
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What is a budget deficit?

A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.


What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?

fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.


Is budget deficit a type of budget?

A budget deficit is one element of some budgets but is not a "type" of budget. You may be thinking of a "deficit budget" (see below). To start: a budget is simply a spending plan - how much the government is going to spend over the next budget period (often a year), and on what. This includes interest the government has to spend on money it has previously borrowed (usually through bonds). If the total to be spent is expected to exceed what the government expects to take in (usually through taxes), the difference is the deficit, often called the "budget deficit". On the other hand, if the government expects to take in more money than it spends, the difference is a surplus, called the budget surplus. A budget that has a deficit is a "deficit budget"; one that has a surplus is called a "surplus budget"; and one that has neither (that is, spending and income are equal) is called a "balanced budget". It's worth noting that "deficit" and "debt" are not the same. The deficit is the amount by which the government overspends its income in a single budgetary period, typically a year. The debt is the total amount of money the government owes, and can be calculated by adding up all the budget deficits and surpluses the government has ever run.


How much is US trade deficit?

by 2004, the United States realized a record trade deficit of nearly $651 billion.


Was there a balanced budget during the Clinton administration?

Yes. However the federal deficit was not eliminated. http://www.factcheck.org/askfactcheck/during_the_clinton_administration_was_the_federal.html http://www.cato.org/pub_display.php?pub_id=5656 http://www.cato.org/pub_display.php?pub_id=5656

Related questions

What is a budget deficit?

A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.


What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?

fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.


How much is the US deficit in 2007?

For 2007, the budget deficit totaled $162 billion, a five-year low.


Is budget deficit a type of budget?

A budget deficit is one element of some budgets but is not a "type" of budget. You may be thinking of a "deficit budget" (see below). To start: a budget is simply a spending plan - how much the government is going to spend over the next budget period (often a year), and on what. This includes interest the government has to spend on money it has previously borrowed (usually through bonds). If the total to be spent is expected to exceed what the government expects to take in (usually through taxes), the difference is the deficit, often called the "budget deficit". On the other hand, if the government expects to take in more money than it spends, the difference is a surplus, called the budget surplus. A budget that has a deficit is a "deficit budget"; one that has a surplus is called a "surplus budget"; and one that has neither (that is, spending and income are equal) is called a "balanced budget". It's worth noting that "deficit" and "debt" are not the same. The deficit is the amount by which the government overspends its income in a single budgetary period, typically a year. The debt is the total amount of money the government owes, and can be calculated by adding up all the budget deficits and surpluses the government has ever run.


What is the difference between the National debt and the budget deficit?

Budget deficit is how much we spend per year over what we take in from taxes. National debt is the total amount the nation owes (the deficits added together).


When did the united states develop a budget deficit?

To many government-run programs; to much spending!


How much is Americas budget?

America's budget deficit tops $1 trillion for the first time as war and tax revenues take toll


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


Why did barack obama reduce the budget?

His proposed budget is not much of a reduction- it is still an increase over the budget before he took office. Why did decrease it at all? Maybe the loss of his party's control of Congress was a factor. Maybe he is getting a little concerned about the recording breaking deficit spending and the exponential increase in the national debt.


How This is the Reed family budget. How much discretionary income does the family have each month?

474


This is the Reed family budget. How much discretionary income does the family have each month?

474


How much heart rate increases with each degree celsius rise in temp?

10bpm