balanced budget
- noun
- /ˈbælənst ˈbʌdʒɪt/
- Only 44 states require the governor to submit a balanced budget at the start of the budget cycle.
- balanced budget rule
- balanced budget amendment
- balanced budget plan
The second reason it's it's desirable is because it's almost a balanced budget amendment with teeth.
- The second reason it's it's desirable is because it's almost a balanced budget amendment with teeth.
- And to the degree that they care about our attendance, it is only because they care that we run a balanced budget.
- There's no prospect of a balanced budget debt service.
Examples
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We simultaneously call for a balanced budget, higher spending, and no more taxes.
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Lawmakers push politically appealing proposals, such as a balanced budget amendment, but avoid the hard work of deficit reduction.
Academic text (1994) -
Now, one thing in the United States, every state in the United States has a balanced budget rule.
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It's responsible and it moves us forward towards a balanced budget, and a secure future.
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But we're committed to a balanced budget, which limits what the President can ask for.
Academic text (1998) -
In 37 states, the legislature is required to pass a balanced budget.
Academic text (1997) -
In almost every case, the balanced-budget rule applies to the general fund or operating budget.
Academic text (1997) -
Despite these problems, through hard work, the ABA finished the year with a balanced budget.
Academic text (2005) -
In other words, states with strong balanced-budget rules adjusted faster to unexpected shocks.
Academic text (1997) -
The state's commitment to a balanced budget means that all expenditures must align with the available revenues.
Antonyms
- Specialized
A situation when a budget has more spending than income, for example for a government or company
How Large
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly and compositionally derived from 'balanced' (having elements in correct proportions) applied to 'budget' (a financial plan), so a learner who knows both words can infer that expenditures are in proportion to revenues or not exceeding them. This adjective+noun pattern is transparent and common cross-linguistically, so a B1 learner would readily understand the intended fiscal sense.
Etymology
Balanced budget comes from the simple picture of a set of scales: balanced means equal and budget is a plan for money, so you can imagine 'income' on one side and 'spending' on the other staying level. That's why a balanced budget means a plan where 'spending' does not go above 'income'.