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
- Federal Appropriations
- Entries about the United States Budget Process in the Encyclopedia (including Total Surplus)
- Public Debt
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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