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Financial plan where revenues equal expenses
A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget
Balanced_budget
Constitutional provision
A balanced budget amendment or debt brake is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between
Balanced_budget_amendment
United States federal law concerning austerity and sequestration
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 and the Balanced Budget and Emergency Deficit Control Reaffirmation
Gramm–Rudman–Hollings Balanced Budget Act
Gramm–Rudman–Hollings_Balanced_Budget_Act
United States law
The Balanced Budget Act of 1997 (Pub. L. 105–33 (text) (PDF), 111 Stat. 251, enacted August 5, 1997) was an omnibus legislative package enacted by the
Balanced_Budget_Act_of_1997
In mechanism design, a branch of economics, a weakly-budget-balanced (WBB) mechanism is a mechanism in which the total payment made by the participants
Budget-balanced_mechanism
American politician (1934–2022)
sponsored a balanced budget amendment 17 times—4 times as lead sponsor and 13 times as a co-sponsor. He also voted in favor of passing a Balanced Budget Amendment
Orrin_Hatch
American libertarian think tank
reimportation". In 2006, the Cato Institute published a study proposing a Balanced Budget Veto Amendment to the United States Constitution. In 2006, Cato published
Cato_Institute
Fiscal rule in Germany
Germany's balanced budget amendment, also referred to as the debt brake (German: Schuldenbremse), is a fiscal rule enacted in 2009 by the First Merkel
German balanced budget amendment
German_balanced_budget_amendment
Use of government revenue collection and expenditure to influence a country's economy
sector borrowing, to limit or regulate the budget deficit over a time period. Most US states have balanced budget rules that prevent them from running a deficit
Fiscal_policy
Balance sheet or statement of estimated receipts and expenditures
are required to have balanced budgets, but the federal government is allowed to run deficits. The budget is prepared by the Budget Division Department
Budget
United States law
(sometimes called the "super committee"), options for a balanced budget amendment, and automatic budget sequestration. The debt ceiling was increased by $400 billion
Budget_Control_Act_of_2011
Canadian provincial law
The Government of Quebec adopted the Balanced Budget Act (BBA) in 1996. The BBA prohibits a budget deficit, other than in special circumstances. Quebec
Balanced_Budget_Act_(Quebec)
"Sequestration Order for Fiscal Year 2022 Pursuant to Section 251a of the Balanced Budget and Emergency Deficit Control Act, as Amended". WhiteHouse.gov. The
List of executive actions by Joe Biden
List_of_executive_actions_by_Joe_Biden
Process for amending the U.S. constitution
calls for an Article V Convention based on a single issue such as the balanced budget amendment, it is not clear whether a convention summoned in this way
Convention to propose amendments to the United States Constitution
Convention_to_propose_amendments_to_the_United_States_Constitution
Difference between revenues and spending
correlation between political stability and budget balance meaning the less political stability, the less balanced budget. Government composition index refers
Government_budget_balance
American political action committee
The Balanced Budget Amendment Task Force is a conservative Florida-based lobbying organization supporting a balanced-budget amendment to the United States
Balanced Budget Amendment Task Force
Balanced_Budget_Amendment_Task_Force
types of balanced budget requirements: ex-post balanced budget requirements, and ex-ante balanced budget requirements. An ex-post balanced budget requirement
Government spending in the United States
Government_spending_in_the_United_States
American politician (born 1963)
2022." Paul supports a balanced budget amendment to the U.S. constitution which would require Congress to balance the budget annually. He has introduced
Rand_Paul
US federal law
originally enacted by the Gramm–Rudman–Hollings Balanced Budget Act. The BEA created two new budget control processes: a set of caps on annually-appropriated
Budget Enforcement Act of 1990
Budget_Enforcement_Act_of_1990
American banking executive, lawyer, and government official (born 1938)
economic prosperity, including the 1993 Deficit Reduction Act and Balanced Budget Act of 1997. Critics of Rubin have since argued that the bank-friendly
Robert_Rubin
American politician (born 1943)
that the government shutdown led to the balanced-budget deal in 1997 and the first four consecutive balanced budgets since the 1920s, as well as the first
Newt_Gingrich
province's budget by the fiscal year 2022–23. The MacKinnon Report's findings concluded that to achieve a balanced budget by 2022–23, the provincial budget should
MacKinnon_Report
American politician and author (born 1952)
chair of the House Budget Committee. Kasich was a key figure in the passage of both 1996 welfare reform legislation and the Balanced Budget Act of 1997. Kasich
John_Kasich
Ratio of change in national income arising from a change in government spending
and credit system, the fiscal multiplier may be 1 or greater. Even a balanced budget fiscal stimulus—additional public purchases fully financed by equivalent
Fiscal_multiplier
Spending in excess of revenue
reject Keynesianism by arguing that government should always run a balanced budget (and a surplus to pay down any outstanding debt), and that deficit
Deficit_spending
were losing part of their salaries if the budget wasn't balanced". Victoria Times Colonist. "Balanced Budget and Ministerial Accountability Act [SBC2001]
British Columbia government debt
British_Columbia_government_debt
American businessman and politician (1930–2019)
Perot announced his intention to run for president and advocated a balanced budget, an end to the outsourcing of jobs, and the enactment of electronic
Ross_Perot
United States law on role of Congress in budgeting
provisions in the Balanced Budget and Emergency Deficit Control Act of 1985, the Budget Enforcement Act of 1990, and the Balanced Budget Act of 1997. The
Congressional Budget and Impoundment Control Act of 1974
Congressional_Budget_and_Impoundment_Control_Act_of_1974
Impossibility of efficient incentive systems
(the budget balances), The system has a Nash equilibrium, and The system is Pareto efficient. Thus a Pareto-efficient system with a balanced budget does
Holmström's_theorem
United States legislative process
reduced taxes and increased the federal budget deficit. The tax cut bill was paired with the Balanced Budget Act of 1997, which reduced spending, and
Reconciliation (United States Congress)
Reconciliation_(United_States_Congress)
Health Insurance program for families administered by the United States
qualify for Medicaid. The program was passed into law as part of the Balanced Budget Act of 1997, and the statutory authority for CHIP is under title XXI
Children's Health Insurance Program
Children's_Health_Insurance_Program
Political and economic ideology
economic philosophy that advocates a restrained fiscal policy and a balanced budget through measures such as low taxes, reduced government spending, and
Economic_liberalism
Former Maryland Senate Majority Leader (1929–2017)
the National Taxpayers Union and led a nationwide effort to pass a Balanced Budget Amendment to the United States Constitution. Snyder died in 2017 at
George_Snyder_(politician)
U.S. legislative procedure reducing spending by the Federal Government
resolved in court. The term "budget sequestration" was first used to describe an enforcement procedure of the Balanced Budget and Emergency Deficit Control
Budget_sequestration
Guamanian ballot measure
A referendum on introducing balanced budgets was held in Guam on 1 November 1986. Although more voters voted "yes" than "no", the Santos Amendment had
1986 Guamanian balanced budget referendum
1986_Guamanian_balanced_budget_referendum
Retirement fund
financial literacy. Pension funding can be balanced when individual contributions and benefits are balanced. One pension reform approach is to decrease
Pension
Governor of New Hampshire since 2025
sales tax. Ayotte supported a balanced budget amendment to the Constitution and helped pass the Senate's first balanced budget in 14 years. Ayotte offered
Kelly_Ayotte
American politician and attorney (born 1974)
proposes a balanced budget amendment to the Constitution". Salt Lake Tribune. Roche, Lisa Riley. "Utah Rep. Ben McAdams proposes balanced budget amendment
Ben_McAdams
American politician (born 1978)
Committee. Murphy is a self-identified capitalist. She supports a balanced budget amendment to the U.S. constitution, which would prohibit the government
Stephanie_Murphy
1993–2001 U.S. presidential administration
distractions. By mid-1993 Clinton had recovered to Act II, passing a balanced budget and the NAFTA trade deal. Act III, 1994, saw the Republicans mobilizing
Presidency_of_Bill_Clinton
American physician and politician (born 1957)
administration of President George W. Bush. He voted for the Constitutional Balanced Budget Amendment of 2011. In May 2013, Cassidy introduced the Energy Consumers
Bill_Cassidy
ensure a balanced budget. The French budget concerns only spending and revenue by central government. It thus excludes the Social Security budget and regional
Budget_of_France
American attorney and politician (born 1972)
keep the guns out of the hands of criminals." Jolly supported the Balanced Budget Amendment and said he would have voted to raise the debt limit in early
David_Jolly
American politician (born 1955)
for opposing government spending and seeking a balanced budget, having stalled or voted against budget proposals from both major parties for not offsetting
Ron_Johnson
Of known applications made to the United States Congress
that may have been mooted by amendments proposed by Congress. The balanced budget application of Ohio in 2013 through that of Arizona in 2017—except
List of state applications for an Article V Convention
List_of_state_applications_for_an_Article_V_Convention
International song competition
May 2026. "Un effort de 140 M€ pour un budget 2026 à l'équilibre" [An effort of €140 million for a balanced budget by 2026] (in French). France Télévisions
Junior Eurovision Song Contest 2026
Junior_Eurovision_Song_Contest_2026
Health care payment model in the United States
hospitals based on their share of reported uncompensated care costs. The Balanced Budget Act of 1997 created the hospital outpatient prospective payment system
Prospective_payment_system
Political proposal
district boundaries, and to propose an amendment requiring the U.S. budget to be balanced under most circumstances. The campaign for a popularly elected Senate
Second Constitutional Convention of the United States
Second_Constitutional_Convention_of_the_United_States
American political party
major provisions (Constitutional amendments for term limits and the balanced budgets) failed to secure the two-thirds congressional majorities required
Reform Party of the United States of America
Reform_Party_of_the_United_States_of_America
for increased defense spending, supply-side economic policies, and a balanced budget. His campaign was aided by Democratic dissatisfaction with Carter,
1980 United States presidential election
1980_United_States_presidential_election
Budget of the German federal government
calendar year (1 January to 31 December). Since 2009, Germany has a balanced budget amendment in its Constitution, the so-called "debt brake" (Schuldenbremse
Budget_of_Germany
Projection of revenues and spending for a fiscal year
Government budget can be of three types: Balanced budget: when government receipts are equal to the government expenditure. Deficit budget: when government
Government_budget
Political slang term
another influential political advocacy group dedicated to promoting a balanced budget in the United States. The Coalition is generally perceived as bipartisan
Deficit_hawk
Type of health insurance plan in the United States
reimbursement. In 1997 Medicare+Choice was revised as part of the Balanced Budget Act of 1997. In 2003, Medicare+Choice was revised and renamed to Medicare
Medicare_Advantage
100, reprising Alabama's application for a convention to propose a balanced budget amendment to the federal Constitution—thus going on record once again
List of rescissions of Article V Convention applications
List_of_rescissions_of_Article_V_Convention_applications
William (1994). "Balanced-Budget Conservatism and the Squeeze on the States". Private Interest, Public Spending: Balanced-Budget Conservatism and the
Conservatism in the United States
Conservatism_in_the_United_States
US government health insurance program
Medicare due to Budget Control Act of 2011 2015: Extensive changes to Medicare, primarily to the SGR provisions of the Balanced Budget Act of 1997 as part
Medicare_(United_States)
American politician and attorney (born 1982)
2023 in calling for an amendment to the U.S. Constitution requiring a balanced budget each year, while also criticizing the Biden administration's budgetary
Katie_Britt
2008 financial crisis was easier to weather, because its budget has consistently been kept balanced, and this meant public debt relative to GDP remained the
Economy_of_Estonia
Government of the U.S. state of Vermont
the only state in the union not to have a balanced budget requirement and yet Vermont has had a balanced budget every year since 1991. In 2007, Moody's
Government_of_Vermont
Governor of Illinois since 2019
2019, Pritzker signed a bipartisan $40-billion balanced budget for the 2019–20 fiscal year. The budget included $29 million in additional funding for
JB_Pritzker
Post-medical school physician training
GME funding was about $15 billion per year as of 2012 and 2018. The Balanced Budget Act of 1997 capped payments because of an anticipation of a surplus
Graduate_medical_education
United States law
called the Permanent Doc Fix, is a United States statute. Revising the Balanced Budget Act of 1997, the Bipartisan Act was the largest scale change to the
Medicare Access and CHIP Reauthorization Act of 2015
Medicare_Access_and_CHIP_Reauthorization_Act_of_2015
Political and economic philosophy
reduction of overall government spending and national debt whilst ensuring balanced budgets. In other words, fiscal conservatives are against the government expanding
Fiscal_conservatism
states to regulate abortion. A balanced budget amendment, in which Congress and the President are forced to balance the budget every year, has been introduced
List of proposed amendments to the Constitution of the United States
List_of_proposed_amendments_to_the_Constitution_of_the_United_States
American politician and businessman (born 1953)
libertarian platform emphasizing the United States public debt and a balanced budget, protection of civil liberties, military non-interventionism, replacement
Gary_Johnson
Political ideology by Bill and Hillary Clinton
conservatism: restraining the growth of federal spending in order to create a balanced budget. Lower interest rates and deregulation. Compromise on social issues
Clintonism
Head of government of the U.S. state of Tennessee
Republican administrations alike have carried the belief that a well balanced budget should always be paramount when shaping policy in Tennessee. Governor
Governor_of_Tennessee
American non-profit organization
a balanced budget amendment that slashed the federal safety net. NPP currently focuses its efforts toward public education about the federal budget using
National_Priorities_Project
1994 Republican legislative agenda
represented significant changes to policy. They mainly included a balanced budget requirement, tax cuts for small businesses, families and seniors, term
Contract_with_America
American politician (born 1962)
deficit needs to be balanced urgently. Additionally, he's an advocate for a constitutional amendment to require congress to balance the budget.[citation needed]
Scott_Baugh
American political convention
country, the convention praised Hoover and pledged itself to maintain a balanced budget. President Herbert Hoover of California Senator John J. Blaine of Wisconsin
1932 Republican National Convention
1932_Republican_National_Convention
Worldwide economic depression (1929–1939)
dictatorship. With the budget balanced in 1929, the effects of the depression were relaxed through harsh measures towards budget balance and autarky, causing
Great_Depression
State-owned investment fund
generally financed through transfers from foreign exchange reserves, government budget surpluses, or privatization proceeds. Countries in the Middle East and Asia
Sovereign_wealth_fund
Tenure of the 38th Governor of California
advocate for stem cell research. In 2008, Schwarzenegger proposed a balanced budget amendment to the state constitution. Also in his second term, Schwarzenegger
Governorship of Arnold Schwarzenegger
Governorship_of_Arnold_Schwarzenegger
Governor of New York since 2021
Social Security budget shortfalls due to increased collections of payroll taxes. As a member of Congress, Hochul voted for a balanced budget amendment, which
Kathy_Hochul
2024 political pact in Argentina
National Congress. The ten points are: The defense of private property Balanced budget Reduction of public spending Tax reform Renegotiation of federal tax
May_25th_Pact
Provincial political party in Canada
2002 budget used $288 million from Manitoba Hydro over a period of three years, and increased taxes on cigarettes, to maintain a balanced budget. See
New Democratic Party of Manitoba
New_Democratic_Party_of_Manitoba
1992 amendment delaying congressional salary changes
"applies to laws decreasing Congressional compensation" and COLAs. The No Budget, No Pay Act was proposed in 2012 and again in 2013 to prevent lawmakers
Twenty-seventh Amendment to the United States Constitution
Twenty-seventh_Amendment_to_the_United_States_Constitution
Type of Medicare facility
of stay. The programs and designations were first authorized by the Balanced Budget Act of 1997. As of July 2025[update], there were 1,377 certified critical
Critical_access_hospital
President of the United States from 1993 to 2001
wealthiest 1.2 percent of taxpayers. Additionally, it mandated that the budget be balanced over many years through the implementation of spending restraints
Bill_Clinton
American politician (born 1961)
consistently voted against raising the federal debt ceiling and authored a balanced budget amendment to the United States Constitution. Walsh rejected the scientific
Joe Walsh (Illinois politician)
Joe_Walsh_(Illinois_politician)
President of the United States from 1981 to 1989
campaign promise of submitting a balanced budget. The United States borrowed heavily to cover newly spawned federal budget deficits. Reagan described the
Ronald_Reagan
government does still use fiscal rules. They dictate that the budget should be balanced or in surplus by 2029–30, net financial debt should fall as a
Golden_Rule_(fiscal_policy)
21st century 793-day-long U.S. state budget crisis
submit a balanced budget proposal for the next fiscal year to the Illinois General Assembly. The General Assembly, in turn, must pass a balanced budget and
Illinois_budget_impasse
Type of health care facility
came into existence as a result of the Medicare, Medicaid, and SCHIP Balanced Budget Refinement Act of 1999. The Act defines an LTACH as “a hospital which
Long-term_acute_care_facility
American political campaign
called for a drastic cut in "big government" and pledged to deliver a balanced budget for the first time since 1969. At a rally in New York on August 5,
Ronald Reagan 1980 presidential campaign
Ronald_Reagan_1980_presidential_campaign
deficits, fiscal surpluses or balanced budgets, and the process from a budget deficit to a sustained period of balanced budget is a fiscal adjustment. There
Fiscal_adjustment
American news anchor and politician (born 1964)
Agency regulations, enact a reform of the federal tax code, pass a balanced budget amendment, and end earmarks. In May 2018, Gowdy challenged President
Trey_Gowdy
Law in the United States
The Medicare, Medicaid, and SCHIP Balanced Budget Refinement Act of 1999 (also called the Balanced Budget Refinement Act or BBRA) is a federal law of
Medicare, Medicaid, and SCHIP Balanced Budget Refinement Act of 1999
Medicare,_Medicaid,_and_SCHIP_Balanced_Budget_Refinement_Act_of_1999
inquiry Senate trial Policies Economic 1993 health care plan PRWORA Balanced Budget Act Gun control Environment Foreign Clinton Doctrine NAFTA Dayton Agreement
Relationship of Bill Clinton and Jeffrey Epstein
Relationship_of_Bill_Clinton_and_Jeffrey_Epstein
the CDU and SPD on the reform of the debt brake (which limited the German budget deficit to 0.35% of GDP per year), a possible tax reform, the minimum tax
2025_German_federal_election
American attorney and politician
pass a balanced budget amendment to the U.S. Constitution. Hasner is national Co-Chairman of the citizen action group, Pass The Balanced Budget Amendment
Adam_Hasner
Budget referendum
the California Balanced Budget Act. It requires the state legislature to pass a balanced budget every year, which means that budgeted recurrent expenditure
2004 California Proposition 58
2004_California_Proposition_58
American politician (born 1980)
Res. 81, a Constitutional amendment proposal that would require a balanced budget over the business cycle with a ten-year transition to balance. That
Justin_Amash
Canada on 3 June 1969. This was Canada's last balanced budget until Paul Martin's budget of 1997–98. Budget Speech "Canada's deficits and surpluses, 1963-2014"
1969_Canadian_federal_budget
Method to record government financial activities
Canadian Parliamentary Budget Officer says that if a balanced budget rule was introduced, reconciliation between the accrual budget framework and Parliament's
Accrual accounting in the public sector
Accrual_accounting_in_the_public_sector
PA govt office currently missing from Wikipedia
Pennsylvania Office of the Budget is an executive-level agency in Pennsylvania. The office is tasked with developing and managing a balanced financial plan for
Pennsylvania Office of the Budget
Pennsylvania_Office_of_the_Budget
Budget of the Russian federal government
The federal budget of Russia (Russian: федеральный бюджет России) is the leading element of the budget system of Russia. It is a major state financial
Federal_budget_of_Russia
Act of the Parliament of India
and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence. The main purpose was to eliminate revenue
Fiscal Responsibility and Budget Management Act, 2003
Fiscal_Responsibility_and_Budget_Management_Act,_2003
BALANCED BUDGET
BALANCED BUDGET
BALANCED BUDGET
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BALANCED BUDGET
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BALANCED BUDGET