Pay back bondholders
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
Have a budget surplus
a federal budget deficit
A government budget surplus increases the supply of loanable funds in the market, leading to lower interest rates. Conversely, a deficit decreases the supply of loanable funds, causing interest rates to rise.
A government budget surplus occurs when a government's revenue exceeds its expenditures, which can lead to reduced borrowing and lower interest rates. This can strengthen the national currency, making exports more expensive and imports cheaper, potentially worsening the trade balance. However, a surplus can also reflect a healthy economy, which may increase domestic consumption and demand for imports, further impacting the trade balance negatively. Ultimately, the relationship between government budget surplus and trade balance is complex and influenced by various economic factors.
have a budget surplus
The government could invest now because of the budget surplus that they had.
C. there was a budget surplus
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
when there is a budget surplus
a decrease in government spending
Have a budget surplus
Budget surplus.
a federal budget deficit
A government budget surplus increases the supply of loanable funds in the market, leading to lower interest rates. Conversely, a deficit decreases the supply of loanable funds, causing interest rates to rise.
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.
The government had a surplus during some of Hoover's years in office . There was a 12-month period during which there was a surplus under Clinton . Of course, Congress controls the budget, the President can only make suggestions but sometimes he can spend less than he was authorized to spend by Congress.