Answer this question before making any changes to spending percentages. before you make your budgetary changes, how does the new deficit compare to the 2012 budget deficit?

The correct answer is the following.

The budget deficit is larger.

The new deficit is larger compared to the 2012 budget deficit.

A budget deficit happens when expenses exceed revenue. This means that a company spend more money compared to what it earned during period of time. In this case, we are talking about a yearly budget. The government is usually the entity that presents budget deficits. So in order to correct the situation, the government must cut or reduce some expenses that are not a priority to balance its accounts.

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answer; 35 year old african american man who is also a college graduate;