The Federal Budget: an Overview Source: Budget of the United

The federal budget: An overview Source: Budget of the United States Government,Fiscal Year 2017: Historical Tables (Washington,
D.C.: U.S.Government Printing Office,2016) ,Tables 1.1 and 7.1.
Note: Data are estimates for fiscal year 2017.
-When does a balanced budget occur?

A) appropriations are equal to authorizations
B) government spending is equal to the sum of all tax expenditures
C) the national debt is zero -Consider This: It is possible to actually borrow to ensure that there is no deficit or surplus.Over time,this will lead to a debt or to unhappy citizens,but it does work for a temporary stopgap measure.
D) there is no budget deficit