If taxes exactly equaled government outlays in a year the
A) federal government debt would decrease.
B) budget deficit would not change.
C) federal government debt would be zero.
D) budget deficit would be zero.
Correct Answer:
Verified
Q51: When tax revenues exceed outlays, the government
Q52: Q53: The budget deficit Q54: If the federal government's tax revenues are Q55: The U.S. government's budget Q57: Whenever the federal government spends more than Q58: The largest source of revenue for the Q59: Social Security benefits and expenditures on Medicare Q60: By definition, a government budget deficit is Q61: 
A) decreased during the Bush
A) must be balanced
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