Difference between revisions of "Balanced Budget"

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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>
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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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== References ==
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<div class="references-small">
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<references />
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[[Category:United States Constitution]]
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[[Category:United States Law]]

Latest revision as of 13:41, September 26, 2018

A balanced budget is a budget in which receipts equal outlays.[1]

Some conservatives 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.[2]

References