budget surplus

noun

: more money than is needed to pay for planned expenses
The state currently has a $3 million budget surplus.

Examples of budget surplus in a Sentence

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In fact, the last time the federal government had a budget surplus was during the Clinton administration when Republicans held the majority in Congress (see the following chart). Mike Patton, Forbes, 31 Oct. 2024 Ireland is forecasting its fourth consecutive budget surplus in 2025, with 9.7 billion euros, faring much better than many other European countries thanks to its hefty corporate tax intake from multinational companies based in Dublin. Ryan Hogg, Fortune Europe, 2 Oct. 2024 The state's relatively strong economy also helped generate enough tax revenues to provide surpluses at the start of the 2019 and 2021 budget cycles, as well as an enormous $17.6 billion budget surplus for 2023. Aimee Picchi, CBS News, 30 Sep. 2024 Harvard University's budget surplus shrank to $45 million, one-eighth of its size the last fiscal year and far smaller than the prior year's surplus. Steph Solis, Axios, 18 Oct. 2024 See all Example Sentences for budget surplus 

Dictionary Entries Near budget surplus

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“Budget surplus.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/budget%20surplus. Accessed 16 Nov. 2024.

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