Updated October 25, 2016. Definition: A budget deficit is when spending is greater than the revenue received for that year. That's known as deficit spending. The national debt is the accumulation of each year's deficit. When revenue exceeds spending, that creates a budget surplus.
Quick Answer. Mexico gained independence from Spain on Sept. 27, 1821. On Sept. 16, 1810, Miguel Hidalgo y Costilla declared independence from Spain by issuing the Grito de Dolores and launched the Mexican War of Independence. The war ended with the signing of the Treaty of Cordoba on Aug. 24, 1821.
U.S. Embassy Mexico City, Mexico. The United States first recognized Mexico as an independent nation in 1822 and sent the first U.S. envoy in 1825.In 1846, the two nations went to war after the United States annexed Texas, which had broken away from Mexico and declared independence ten years earlier.verview. The United States first recognized Mexico as an independent nation in 1822 and sent the first U.S. envoy in 1825. In 1846, the two nations went to war after the United States annexed Texas, which had broken away from Mexico and declared independence ten years earlier.