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Balanced Budget |
Also found in: Wikipedia | 0.03 sec. |
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Balanced budget A budget in which the income equals expenditure. See: budget.
Balanced Budget A budget in which revenues equal or exceed expenditures. A balanced budget is thought to be positive for a company, as it means that the company is not taking on any (additional) debt in order to conduct its operations; if revenues exceed expenditures, it results in a profit. Balanced budgets may be recognized after a fiscal year is complete, or they may be projected for an upcoming year. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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We need fiscal discipline and a true plan to keep government spending under control. With Mullinax gone, the LAUSD will not have a credible voice for fiscal discipline and integrity unless Superintendent Roy Romer and the school board rise to the occasion. Despite Greenspan's misleading portrayal by the major media, he is not "an enemy of big government," "an enemy of federal deficits," or a "champion of fiscal discipline. |
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