The Clinton administration said yesterday that the Federal Housing Administration generated a surplus of $16 billion in the fiscal year that ended Sept. 30.
Bhutan's abundant hydropower resources generate a surplus of electricity that accounts for more than 40% of the country's export earnings.
The results show that the processes that generate a surplus of energy, like FT fuels, are more sustainable because of their emission mitigation potential.
This would doubtless extend to service sector exports, which represent almost 45% of the UK's total exports and generate a surplus of 5% of GDP, offsetting half of the deficit on goods trade and investment income.
In addition, Social Security is projected to generate a surplus of more than $2 trillion over that period, but it is expected to face severe problems longer term, as the population ages.
They warn that without considerable effort to reduce spending growth, the next federal government – Liberal or Labor – will find it impossible to generate a surplus, of about 1% of GDP, without lifting tax revenue above 23.9% of GDP.
The $87 million in annual revenue the entire department produces not only covers the costs of all the non-revenue sports like women's volleyball but also generated a surplus of $17 million last year.
The chief actuary of the Social Security Administration, Stephen C. Goss, estimated that immigrants in the country illegally, some of whom assume fake Social Security numbers to provide cover for employers and themselves, among other reasons, generated a surplus of about $12 billion for the Social Security Trust Fund in 2010.
The governing body's turnover rose by £5.8m, or 11%, to £57.2m, generating a surplus of £1.8m.
