Total Surplus

Total Surplus in the United States

Unified Surplus/Total Surplus in the Federal Budget Process

Meaning of Total Surplus in the congressional and executive budget processes (GAO source): Used interchangeably to refer to the amount by which the sum of the government’s on-budget and off-budget receipts exceed the sum of its on-budget and off-budget outlays for a given period, usually a fiscal year. (See also Unified Deficit/Total Deficit under Deficit.)

Resources

See Also

Further Reading

  • Legislatures and the budget process: the myth of fiscal control

    (J Wehner, 2010)

  • Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
  • Fiscal institutions and fiscal performance

    (JM Poterba, J von Hagen, 2008)


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