# Public Savings Calculator

LAST UPDATE: June 20th, 2018

## What is public savings?

Public savings is the amount of excess revenue that the government brings in over their expenses.

If the result is positive, it means that tax revenue is higher than the amount they spend.

If the result is negative, it means that tax revenue is lower than the amount that is spent.

## Formula

$\text{Public Savings} = \text{Tax} - text{Government Spending}$