In 2010, the U

In 2010, the U.S. government had tax revenues of $2,703 billion and outlays were $3,973 billion. The budget _{--------------------}.

A) was balanced because every dollar the government spends it must raise
B) deficit was $3,973 billion
C) surplus was $2,703 billion
D) deficit was $1,270 billion
E) surplus was $1,270 billion