Difference between revisions of "Deficit (surplus)"

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(New page: The amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which the receipts exceed outlays).)
 
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The amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which the receipts exceed outlays).
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A '''Deficit''' is the amount by which outlays exceed receipts in a given fiscal period. (A [[surplus]] would be the amount by which the receipts exceed outlays).<ref>[https://www.senate.gov/reference/glossary_term/deficit_or_surplus.htm] US Senate Reference</ref>
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==References==
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<references/>
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[[Category:United States Senate Terms]]

Latest revision as of 15:15, September 26, 2018

A Deficit is the amount by which outlays exceed receipts in a given fiscal period. (A surplus would be the amount by which the receipts exceed outlays).[1]

References

  1. ↑ [1] US Senate Reference