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.

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Noun

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

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References in periodicals archive ?

Senator Thom Tillis (R-NC) co-sponsored legislation to require the President and Congress to enact annual balanced budgets.

United States : Tillis Co-Sponsors Balanced Budget Resolution

The draft budget yet to be supported by parliament addresses higher costs as a result of a massive migrant influx, with more than 1 million new arrivals last year triggering questions about the feasibility of more balanced budgets in the years to come.

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As previously signalled, with the return of balanced budgets the province will slightly increase the growth of expenditures which had been tightened during the effort to reduce deficits.

Moody's: Quebec's Balanced Budget Allows for Measured Increases to Expenditures

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The revision is based on what the agency believes is a challenging economic and fiscal environment, which has the potential to delay structurally balanced budgets beyond fiscal 2013:

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A balanced budget constitutional amendment: background and congressional options

I was one of those responsible for adopting six years of balanced budgets for the state.

Guest Column: Put Up or Shut Up

It would not enshrine balanced budgets as constitutional doctrine.

Balancing the budget via veto: "... a new set of checks and balances effectively would be created: Congressional spending would be checked by the president's reduction veto power, and abuse ... would be balanced by Congress' ability to cancel the power with a budget surplus"

I believe in balanced budgets, markets, and deregulation." And Joslin, like many free marketeers, is counting on a Republican Congress to check Dean's more interventionist ideas on issues such as health care.

What's left?

According to NCSL, 43 of the 49 states with constitutions that require balanced budgets have already completed the process for this fiscal year, using fiscal reserves, specific fee increases, and other cost-cutting measures.

Reluctant to hike taxes, states make cuts to balance budgets

Although the Constitution did not require it, balanced budgets were the norms with occasional deficits that arose during wars and disappeared shortly after them.

The Federal Budget: Politics, Policy, Process

Anyone who wants to understand the current debate over balanced budgets and entitlements should read Block's book.