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According to Central Intelligence Agency, "budget surplus (+) or deficit (-) records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit).
Note: For some federations like Brazil, only the federal budget is shown. For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3]
A centibillionaire is someone with a net worth of 100 billion (100,000,000,000) or more units of a given currency, generally of major world currencies such as the United States dollar, euro or pound sterling. [1] The following is a list of everyone who has ever been a centibillionaire.
In 1946, the US financial sector owed $3 billion of debt, or 1.35% of GDP. By 2009 this had increased to $15.6 trillion, or 109.5% of GDP. [2] Most debt owed by the US financial sector is in the form of federal government sponsored enterprise (GSE) issues and agency-backed securities. [16]
BEA's percentage is smaller because it just includes government spending. OECD's total is larger because it also includes fees, e.g. tuition payments at public colleges. [6] Figures published by the International Monetary Fund for 2022 shows general government spending at $9,372 billion, or 36.7% of GDP. [7]
Sixty percent passed, compared to the national average of 49 percent. It's tempting to say capitalism perverts philanthropy, full stop, and advise Zuckerberg to go back and form a foundation. But that's not right either. The primary appeal of Bridge, especially to investors like Zuckerberg, is the $6 per month it says it charges its students.
Social Security is a social insurance program officially called "Old-Age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. During 2009, total benefits of $686 billion were paid out versus income (taxes and interest) of $807 billion, a $121 billion annual ...
Why a $3 billion software firm is betting on a flexible-work future—’the focus for us is carrot, not stick’ Jane Thier. May 10, 2024 at 6:35 AM. ... $3 billion.) That flexible work is the ...