balanced budget
Revenue matches spending
A balanced budget is one in which income equals or exceeds expenditures—no deficit, no borrowing required.
The term appears most often in government finance, where it's a perennial political goal: The governor promised a balanced budget by the end of her term.
A balanced budget amendment would constitutionally require governments to spend only what they collect.
Controlled government spending
- deficit reductionShrinking budget shortfalls
- government spendingState allocation of funds
- taxationCompulsory government revenue collection
- financial planningOrganizing future monetary goals
tax revenue · spending limits · appropriations · legislative approval · debt ceiling · fiscal responsibility · pay-as-you-go · fiscal year
Reducing governmental expenditures
- cutbacksReductions in spending
- belt-tighteningReducing expenditures deliberately
- fiscal restraintControlled government spending
- frugalityEconomical resource management
economizing · trimming · retrenchment · curtailment · downsizing · sacrifice · rationing · consolidation
No net gain
- parityState of being equal
- matching fundsEqual contributions from another source
- equipoiseEqual distribution of weight
- offsettingCounteracting with equivalence
Reliable access to funds
- predictabilityCapacity to be anticipated
- creditworthinessAbility to repay debts
- investor confidenceFaith in financial prospects
- solvencyCapacity to pay debts
fiscal discipline
Controlled government spending
- deficit reductionShrinking budget shortfalls
- government spendingState allocation of funds
- taxationCompulsory government revenue collection
financial planning · tax revenue · spending limits · appropriations · legislative approval · debt ceiling · fiscal responsibility · pay-as-you-go · fiscal year · mandatory spending
spending cuts
Reducing governmental expenditures
- cutbacksReductions in spending
- belt-tighteningReducing expenditures deliberately
- fiscal restraintControlled government spending
frugality · economizing · trimming · retrenchment · curtailment · downsizing · sacrifice · rationing · consolidation · program cuts
break-even
No net gain
- parityState of being equal
- matching fundsEqual contributions from another source
- equipoiseEqual distribution of weight
financial security
Reliable access to funds
- predictabilityCapacity to be anticipated
- creditworthinessAbility to repay debts
- investor confidenceFaith in financial prospects
solvency · risk management · long-term planning · inflation control
- 1990sMonica Lewinsky, impeachment, NAFTA, Whitewater, Oklahoma City bombing
- Eisenhower EraDwight Eisenhower, Ike, Richard Nixon, Nixon, farewell address
- fiscal oversightfiscal discipline, spending limits, financial oversight, spending caps, debt limits
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- money managementsaving, savings, expense tracking, cash flow, savings account
- budgetingbudgets, school budgets, project budgets, spending plan, financial projections
balanced budgetbudget deficit
Spending exceeding revenue
deficit spending · budget shortfall · fiscal deficit · budget gap · red ink
balance, budget, balanced, unbalanced, imbalance, balancing, balances, budgeting, budgeted