Definitions for "balanced budget"
A budget for which expenditures are equal to income. Sometimes a budget for...
The Montana Constitution requires the Legislature to adopt a budget for the next two years where the appropriations do not exceed the anticipated revenues. The federal government is not constitutionally required to have a balanced budget, which is why the nation has a federal debt.
balanced budget occurs when total expenditures are equal to total revenues. A balanced budget sometimes also refers to when total spending is less than total revenues, which is technically a surplus.
a cornerstone of a more prosperous province
a worthy accomplishment and I congratulate you, the Minister of Finance, and all of your colleagues
Keywords:  barometer, period, base
barometer base period
a requirement for prudent management and a strong future
a high priority for this administration," he says
an essential first measure in checking further depreciation in the buying power of the dollar