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.
Texas formally declared independence in March of 1836: there were many reasons why they did so. The Settlers were Culturally American, not Mexican: At first, Mexico-which only became a nation in 1821, after winning independence from Spain-encouraged Americans to settle Texas.exas produced a lot of cotton and other goods, and the resulting economic ties with the southern US hastened its departure from Mexico. Texas was part of the state of Coahuila y Texas: Texas was not a state in the United States of Mexico: it was half of the state of Coahuila y Texas.