If there was a federal budget surplus it would make it possible to
A) reduce the national debt.
B) increase spending on priorities.
C) decrease taxes in order to improve the equity and efficiency of the tax system.
D) any of the above

Question

Quizplus · Accepted Answer

If there was a federal budget surplus, it would provide the opportunity to do all of the options listed. The surplus could be used to reduce the national debt, increase spending on priorities, or decrease taxes in order to improve the equity and efficiency of the tax system. Ultimately, the choice would depend on the priorities and goals of the government and the needs of the country.

If There Was a Federal Budget Surplus It Would Make