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 ?

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What's left?

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