Long-Range Budget

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Long-Range Budget

A budget with a term usually longer than one year. A long-range budget involves more uncertainty than a short-term budget because, typically, market movements and the business cycle are more easily predictable in the short term. On the other hand, planning for the long-term is necessary in order to ensure sustainable profitability. Thus, while planning for the long term is necessary, one's plan must be flexible to account for the uncertainty inherent to it.
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The resolution by co-rapporteurs Jan Olbrycht (EPP, PL) and Isabelle Thomas (S&D, FR) for the post-2020 EU long-term budget was adopted by 458 votes against 177, with 62 abstentions.
Britain could also end up tied to new EU spending programmes such as the Common Agricultural Policy without having a say over how they are designed or spent once Brussels' new long-term budget comes into effect on January 1, 2021.
A lack of a stable, long-term budget from the federal government also could ground the work they do there.
Today's legislation came after Congress leaders of both parties met with Trump at the White House to discuss the long-term budget.
Fergus Laird, head of investment at Naylors, said: "Our client had a specific requirement for a long-term budget hotel investment.
Pointing to the need to appropriately support current combat operations and to maintain a technological advantage over sophisticated potential adversaries, NDIA is asking for long-term budget stability to provide our military with "adequate and stable funding that ensures the ability to respond to contingencies now and prepare for those that may lie in our future " as its first priority.
It shows that the long-term budget condition is weak.
Obama applauded lawmakers for a "responsible, long-term budget agreement that reflects our values, grows our economy, and creates jobs.
Last month the House and Senate approved different versions of the long-term budget resolution that call for privatizing Medicare and cutting $900 billion from Medicaid to balance the federal budget within 10 years.
The report noted that one key argument for keeping "tax extenders" temporary is the minimal impact they have on long-term budget forecasts.
For if an override should pass, town officials will have little incentive to develop long-term budget solutions.
Short- and long-term budget properties are thriving as they accommodate oil workers in need of temporary lodging.