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A '''balanced budget''' is a [[budget]] in which receipts equal outlays.<ref>http://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref>
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A '''balanced budget''' is a [[budget]] in which receipts equal outlays.<ref>https://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref>
    
Some [[conservative]]s have proposed creating a "balanced budget amendment" to the [[U.S. Constitution]], though such an amendment would likely increase [[executive branch]] power and be ineffective.<ref>Byas, Steve (April 12, 2018). [https://www.thenewamerican.com/usnews/congress/item/28746-house-failed-vote-for-a-balanced-budget-amendment-simply-political-theater House Failed Vote for a “Balanced Budget Amendment” Simply Political Theater]. ''The New American''. Retrieved April 12, 2018.</ref>
 
Some [[conservative]]s have proposed creating a "balanced budget amendment" to the [[U.S. Constitution]], though such an amendment would likely increase [[executive branch]] power and be ineffective.<ref>Byas, Steve (April 12, 2018). [https://www.thenewamerican.com/usnews/congress/item/28746-house-failed-vote-for-a-balanced-budget-amendment-simply-political-theater House Failed Vote for a “Balanced Budget Amendment” Simply Political Theater]. ''The New American''. Retrieved April 12, 2018.</ref>
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