balanced budget

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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 ?
Tsongas Economic Patriot Award for their strong advocacy of fiscal responsibility and reform.
The term fiscal responsibility in financial dictionary is defined as "A balanced budget".
In 2010, he was appointed to cochair President Barack Obama's National Commission on Fiscal Responsibility and Reform with former Senator Alan K.
Issues: Fiscal responsibility and transparency, protect smaller class size.
The first aims to improve efficiency of expenditure management by enhancing the legal framework for fiscal responsibility and debt management.
An interview with Michael Quinn Sullivan, president of Texans for Fiscal Responsibility and Empower Texans.
John Lynch says he hopes a new highway construction plan will help return honesty and fiscal responsibility to New Hampshire's highway planning.
you'd think nothing ails Social Security that a little bit of fiscal responsibility wouldn't cure.
Symbolizing an end to Washington's corruption and recklessness, fiscal responsibility is embodied in the Democrats' promise to restore "pay-as-you-go" budget rules, in which any new entitlement spending or tax cuts would have to be paid for by equivalent spending cuts or tax increases elsewhere.
Simply put, it is a way of making sure everyone is working by the same rules in an effort to ensure fiscal responsibility.
FISCAL responsibility in city government is a noble goal, and Los Angeles Mayor Antonio Villaraigosa's call to managers of city departments to plan for 5 percent cuts for the next fiscal year seems like a good start.
Aspects that made successful partnerships included a project's value to the surrounding neighborhood, fiscal responsibility and all-around financial benefit to the community and development partners.