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Writing of the Declaration of Independence

Balanced Budget

A balanced budget is a budget where revenues equal expenditures during a fiscal year.


Balanced Budget Formulas


Revenues = Expenditures




Revenues - Expenditures = $0




Politicians regularly discuss balancing the budget. Unfortunately, in order to balance the budget Congress would need to stop borrowing money and then decrease spending and/or increase revenue. This would require an enormous adjustment as the U.S. borrows approximately $1 million per min.

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