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 ?
Senator Thom Tillis (R-NC) co-sponsored legislation to require the President and Congress to enact annual balanced budgets.
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.
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.
conservative-led coalition moves for balanced budgets - the so-called
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:
The declining significance of balanced budgets as the singular goal
I was one of those responsible for adopting six years of balanced budgets for the state.
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.
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.
Although the Constitution did not require it, balanced budgets were the norms with occasional deficits that arose during wars and disappeared shortly after them.
Anyone who wants to understand the current debate over balanced budgets and entitlements should read Block's book.