Definitions for balanced budget
bal·anced bud·get

Princeton's WordNetRate this definition:0.0 / 0 votes

1. balanced budgetnoun

   a budget is balanced when current expenditures are equal to receipts

WiktionaryRate this definition:0.0 / 0 votes

1. balanced budgetnoun

   A (usually government) budget in which income and expenditure are equal over a set period of time.

WikipediaRate this definition:0.0 / 0 votes

1. Balanced budget

   A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget deficit, but could possibly have a budget surplus. A cyclically balanced budget is a budget that is not necessarily balanced year-to-year, but is balanced over the economic cycle, running a surplus in boom years and running a deficit in lean years, with these offsetting over time. Balanced budgets and the associated topic of budget deficits are a contentious point within academic economics and within politics. Some economists argue that moving from a budget deficit to a balanced budget decreases interest rates, increases investment, shrinks trade deficits and helps the economy grow faster in the longer term. Other economists, especially those associated with Modern Monetary Theory (MMT), downplay the need for balanced budgets among countries that have the power to issue their own currency, and argue that government spending helps boost productivity, innovation and savings in the private sector.

WikidataRate this definition:0.0 / 0 votes

1. Balanced budget

   A balanced budget is a budget with revenues equal to expenditures, and neither a budget deficit nor a budget surplus. More generally, it refers to a budget with no deficit, but possibly with a surplus. A cyclically balanced budget is a budget that is not necessarily balanced year-to-year, but is balanced over the economic cycle, running a surplus in boom years and running a deficit in lean years, with these offsetting over time. Balanced budgets, and the associated topic of budget deficits, are a contentious point within academic economics and within politics. The mainstream economic view is that having a balanced budget in every year is not desirable, with budget deficits in lean times being desirable. Most economists have also agreed that a balanced budget would decrease interest rates, increase savings and investment, shrink trade deficits and help the economy grow faster over a longer period of time.

Matched Categories

1. • Budget

How to pronounce balanced budget?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say balanced budget in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of balanced budget in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of balanced budget in Pythagorean Numerology is: 2

Examples of balanced budget in a Sentence

1. Buzz Brockway:

   In the ‘ 80s, President Reagan actually came out and said President Reagan was in favor of a balanced budget convention, that spurred Washington to act. And they did n’t actually pass a balanced budget amendment, but they came extremely close. So, I think at the worst case, this will spur Congress to action. The best case, we ’ll have actual amendments that are proposed that states can consider.

2. Chancellor Angela Merkel:

   We cannot just say 'Because we have a difficult task now, the balanced budget or the issue of debt are no longer important'.

3. Bob Goodlatte:

   A balanced budget amendment has been one of the highest priorities of my tenure in Congress. A constitutional amendment requiring a balanced budget would finally bring discipline to federal spending and would benefit generations to come, i challenge my colleagues in the House and Senate to do what is morally right and responsible by passing this amendment and sending it on to the states for ratification.

4. Chancellor Angela Merkel:

   We won't raise taxes. And we still have the goal of posting a balanced budget without taking on new debt.

5. Utah Gov. Jon Huntsman:

   We're looking for problem solvers, we're looking for solutions to the basics like jobs and a balanced budget and entitlements, and that's clearly an area where a governor can really differentiate himself from the rest of the pack.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=balanced budget
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Balanced_Budget
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Balanced_Budget
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=balanced budget