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.
Confidence votes 13. the united states won its fight for independence from Mexico and became a separate country, The Republic of Texas. The Republic of Texas later joined the United States as the state of Texas.The Treaty of Guadalupe Hidalgo was signed on February 2, 1848 to end the Mexican War.