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An accurate statement about achieving a balanced budget would be that?

most states require a balanced budget for state spending


What was the last year the us had a balanced budget?

2001


Did Sam Houston have a balanced budget?

Yes, he did have a balanced budget.


How many states require a balanced budget?

As of my last update, 49 U.S. states are required to maintain a balanced budget, which means they cannot spend more than their revenue. The only exception is Vermont, which does not have a constitutional requirement for a balanced budget. However, most states still aim to balance their budgets through various laws and practices.


The purpose of the Gramm-Rudman-Hollings Act passed by Congress in 1985 was to require the federal government to bring about 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


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 type of Constitutional amendment has been suggested to keep congress and the president from getting us deeper in debt?

One type of Constitutional amendment that has been suggested is a balanced budget amendment. This would require the federal government to balance its budget, meaning that it could not spend more than it takes in from taxes and other revenues. The goal of such an amendment is to prevent excessive borrowing and reduce the accumulation of debt. However, the effectiveness and practicality of a balanced budget amendment have been the subject of debate.

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