Definition of Budget Surplus
|
What is a budget surplus? What is the definition of a budget surplus? What does the term budget surplus mean?
A number of different entities create budgets. Governments create budgets. Businesses create budgets. Households create budgets.
When you create a budget, one of three things can happen:
1. You can post a budget deficit.
2. You can post a budget surplus.
3. You can post a balanced budget.
 For this definition, we are going to focus on the budget surplus.
When creating a budget, you ideally want to balance out your expected revenues with your expected expenses.
If your expenses end up being higher than your revenues, then you have run a "budget deficit".
If your revenues end up being higher than your expenses, then you have run a "budget surplus".
Davemanuel.com Articles That Mention Budget Surplus:
CBO Budget Outlooks: Then and Now
Another Trillion Dollar Plus Deficit Is Coming in 2011
Which Political Party Has Posted The Highest Average Budget Deficits in the Post-WWII Era?
Growth of the United States National Debt vs Rate of Inflation Since 1970
A History of Debt Limit Increases In the United States
Click Here For the Q1/2010 Manuel Fund Report
|
