I had exactly the same thing last week, had a budget of £10 and spent 22p, but it said my budget was exceeded. The next day the ad's still weren't running and said I had exceeded the budget with zero spend.
I`m pretty sure its a bug in adwords!
The problem started for me on wednesday, and I emailed the adwords support and told them. Had nothing from them on thursday still (apart from their useless automated reply), and still no change, so emailed support again, but changed the category from "Ads not Showing" to "Billing issues".
Again, had no reply, but then on Friday the ad's were showing again. However, my position had gone from 2nd to 8th and said like that all day friday and saturday. Had a check again today and i`m back up to number 2 again.
I think its likely that Adwords support did something to get my ad showing again, but I can't be sure as I never got any response (from either email). Don't really care though, just pleased my ads showing again.
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