balanced budget

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Related to Balanced budgets: Fiscal responsibility

balanced budget

When the government’s spending equals its revenue from, for example, taxation. Compare budget deficit; budget surplus.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.balanced budget - a budget is balanced when current expenditures are equal to receipts
budget - a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress"
Translations
vyrovnaný rozpočet
Nullbudget
References in periodicals archive ?
conservative-led coalition moves for balanced budgets - the so-called
Our Government understands the importance of responsible spending and balanced budgets for long-term economic growth and stability.
The declining significance of balanced budgets as the singular goal
Many people are aware that since Republicans took control of Congress after the 1994 election, we have gone from $300 billion federal budget deficits and raiding Social Security, to balanced budgets and a projection of $2.
Anyone who wants to understand the current debate over balanced budgets and entitlements should read Block's book.
Not only was it the first balanced budget in 22 years, but the budget document included draft legislation that would require the Government to continue running balanced budgets, pay down the general purpose debt, and obtain voter approval before increasing the rates of major taxes.
Therefore, even without explicit laws, the manifest intention of officials is to balance state and local budgets according to the terms and definition described above, and the primary motivation for balanced budgets is not the formal requirement but rather "tradition, practice, and public expectation.
Even with balanced budgets, however, inflation and interest rates in those countries were not nearly as low as in the United States.
In a dramatic change from tradition, Ontario's hospitals are now being told to prepare balanced budgets.
To be sure, the symptom tends to magnify the malaise, but nothing much will happen to rebuild America if balanced budgets are passed in the absence of more radical remedies.
Recent achievement of fiscal balance and the government's stated commitment to maintain balanced budgets through the medium term;