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A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
Preschool education, care, and services (including Early Head Start and Head Start) are free for low income families with private daycares being common and within walking distance in urban areas. Primary and secondary education is compulsory and free regardless of income through more than 1,400 public schools. Ten public schools are considered ...
The U.S. trade deficit increased from $502 billion in 2016 to $552 billion in 2017, an increase of $50 billion or 10%. [369] During 2017, total imports were $2.90 trillion, while exports were $2.35 trillion. The net deficit in goods was $807 billion, while the net surplus in services was $255 billion. [370]
During 2016, total benefits of $910 billion were paid out, versus $882 billion in 2015, an increase of $28 billion or 3%. [18] Social Security's total expenditures have exceeded its non-interest income since 2010. The deficit of non-interest income relative to cost was about $49 billion in 2010, $45 billion in 2011, and $55 billion in 2012. [39]
The number of persons without health insurance under age 65 fell from 31.2 million in 2020 under President Trump, to 27.0 million during the first half of 2022 under President Biden, a reduction of 3.2 million or 13%. The percentage of uninsured fell from 11.5% to 9.9% during that time. Both the number and % were record lows for data back to 1997.
The total number of public charter schools has been reduced from 60 schools on 96 campuses in 2008–09 to 53 schools on 98 campuses as of the 2011–12 school year. However, adding grades to the charter schools is still increasing enrollment and decreasing from DCPS' numbers.
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
As a result of this surplus, Youngkin had the opportunity to sign a biennial state budget in 2022 that committed $19.2 billion to education, a record for the state even when accounting for inflation. [169] [248] [249] This exceeded the $16.95 billion in education spending that Republicans had wanted to include in the biennial budget. [243]
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