surplus

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surplus

Economics
a. an excess of government revenues over expenditures during a certain financial year
b. an excess of receipts over payments on the balance of payments
References in periodicals archive ?
As the size of the federal government expands, prospects that the earlier projected federal surpluses will ever materialize are growing dimmer.
More recently, projections of surging federal surpluses partly reversed the early 1990s' rate hikes.
Also in the realm of government activity, few things have a bigger impact on the economy and economic policy than the size and direction of federal surpluses and deficits.
Two years ago, when the prospect of burgeoning federal surpluses arose, Clinton devised a very clever ploy to hold off Republican tax-cutters.
The federal surpluses for the last several years surprised many students of budgeting.
To be sure, with the burgeoning federal surpluses, fiscal policy has not yet been unduly compromised by such actions.

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