0
An accurate statement about achieving a balanced budget would be that?
Wiki User
∙ 10y ago
most states require a balanced budget for state spending
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Economists have proposed the rule that the cyclically adjusted budget deficit always be balanced Compare this proposal to a strict balanced-budget rule Which is preferable?
balanced budget
How does the concept of a balanced budget apply to state government?
Only the operating budget must be balanced in state government.
What occurs when spending equals revenue?
The answer is Balanced budget
What is it called when government spending does not exceed it income?
Balanced budget
What is the value of a balanced budget?
A balanced budget matches expenses with revenues. If your budget is not balanced you are either spending more than you take in and you have to borrow the difference or you are taking in more revenue than you can spend and that warehouses money. Budgeted reserves, a hard thing to manage, are part of the budget and should be adopted as plain policy. In that case you are setting aside revenue over expenses for a specific purpose (such as a rainy-day fund or a disaster fund.) Debt, or borrowing, can be part of a budget as well, usually showing debt payments and reserves in a sinking fund. If you maintain a sinking fund in your budget you still have a balanced budget. Typically debt is for some specific purpose, such as a new road or a bridge. In the Federal Budget there are no debts for bridges, roads, battleships or whatever they are all paid for in cash. So it could be said that some portion of the Federal budget should be shown as a debt owed for capital projects. But it is not accounted for in that fashion today. A balanced budget has value because you avoid debt to support spending and you avoid warehousing money that taxpayers might be able to spend themselves.
Did Sam Houston have a balanced budget?
Yes, he did have a balanced budget.
Economists have proposed the rule that the cyclically adjusted budget deficit always be balanced Compare this proposal to a strict balanced-budget rule Which is preferable?
balanced budget
What phase of the budget is to submit a balanced presidents budget?
Budget & Execution
What was the Production Budget for The Statement?
The Production Budget for The Statement was $27,000,000.
How does the concept of a balanced budget apply to state government?
Only the operating budget must be balanced in state government.
What is a sentence for balanced budget?
The oversight committee has been working on the next balanced budget for over three weeks.
What phase is to submit a balanced presidents budget?
budget & execution
What product of the phase is to submit a balanced president's budget?
Budget & Execution
What is a budget that is often changed at the end of a reporting period?
a balanced budget
What product is the phase is to submit a balanced president's budget?
Budget & Execution
What product phase is to submit a balanced president budget?
budget and execution
What Product of the what phase is to submit a balanced President's Budget?
Budget & Execution
