Eli5: Budget surplus
In: Economics
In economics there’s two things you can do, as a company or government: get money or give money (you can also just *keep* money but if you just keep 100% of the money in a vault, you’re basically doing nothing in terms of economics).
Any company or government has a balance sheet: incomes (get money) and expenditures (give money).
A budget surplus is simply having more income than expenditures.
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