What does balanced budget mean?
Definitions for balanced budget
bal·anced bud·get
This dictionary definitions page includes all the possible meanings, example usage and translations of the word balanced budget.
Princeton's WordNet
balanced budgetnoun
a budget is balanced when current expenditures are equal to receipts
Wiktionary
balanced budgetnoun
A (usually government) budget in which income and expenditure are equal over a set period of time.
Wikipedia
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.
Wikidata
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
Numerology
Chaldean Numerology
The numerical value of balanced budget in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of balanced budget in Pythagorean Numerology is: 2
Examples of balanced budget in a Sentence
The insistence on the 'black zero' (a balanced budget) is voodoo fiscal policy, we'll need massive investments in climate protection.
The General Assembly should do its job and go back into session to immediately adopt a balanced budget without a tax increase.
There's still questions as to whether Trudeau can effectively run the economy in that deficit position and then bring back a balanced budget in year four.
Republican Governor Sam Brownback:
The solution is for the legislature to continue its work, and bring to my desk a balanced budget with sufficient revenues to pay state obligations and do so now, it is past time for the Legislature to act.
Raising the debt ceiling doesn't help that issue. I think holding fast on cutting costs, cutting programs that are not value added that gets us to a balanced budget is absolutely something that is in the hands of Congress, and I would fight to do that.
Translations for balanced budget
From our Multilingual Translation Dictionary
- vyrovnaný rozpočetCzech
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"balanced budget." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/balanced+budget>.
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