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balanced budget

balanced budget

364 3.9
A plan where spending does not exceed income
  • noun
  • /ˈbælənst ˈbʌdʒɪt/
translation icon : presupuesto equilibrado
  • 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.

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Examples

  • We simultaneously call for a balanced budget, higher spending, and no more taxes.

  • 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.

  • It's responsible and it moves us forward towards a balanced budget, and a secure future.

  • 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

budget deficit
  • Specialized
62 3.7

A situation when a budget has more spending than income, for example for a government or company

How Large

budget deficit
  • Specialized
62 3.7
deficit spending
  • Specialized
21 5.3
balanced budget
364 3.9

Surface Forms

Morphology

balanced + budget

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'.