Balances of Budget Funds: Budget “Profits”

Abstract

Already in chapter I it was noted that the constant excess of revenues over expenditures in the budget, the existence of a constant, so to speak, “budget profit” is a puzzle and evokes distrust. Nearly all the Western specialists with whom I spoke about the deficit nature of the Soviet budget immediately cited as a counterargument precisely this fact. It is impossible not to agree with them—indeed, the simultaneous existence of both a budget deficit and an excess of revenues over expenditures is very strange.