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Questions tagged [budget]

An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals

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5answers
10k views

If the eurozone budget deficit limit is 3%, why is the European Commission telling Italy it must revise its 2.4% deficit budget?

The BBC reports that the European Commission has told Italy to revise its budget, saying that the draft presents particularly serious non-compliance with Eurozone rules. Yet the maximum permitted ...
1
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1answer
182 views

Why is Italy pushing its budget?

Why is the Italian government trying to push its budget, which would make their national debt skyrocket even further, while the Italian Audit Office says it's a bad idea and the EU isn't too keen on ...
2
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0answers
68 views

What happens to disaster relief money?

Last year, apparently, the United States spent an (unbudgeted) $140 billion on disaster relief for areas hit by hurricanes. What exactly happens to this money? What is it spent on?
3
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3answers
100 views

In the US, how much power does the president have over the federal budget?

If the president wants to change spending in one direction, like to adjust the deficit without changing taxes, how much could they move it? I suspect that the president would just get impeached in ...
26
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3answers
5k views

The DUP have threatened to “vote down the budget” - but what does this mean?

The DUP have threatened to “vote down the budget” if their requirements for Brexit are not met. But what does this mean in practice? Will the Government have trouble passing a budget in this event?
1
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1answer
64 views

For a provincial election, how long after the voting are the results given out in Canada?

What are the timings for provincial elections in Canada. If the elections conclude at say, 7pm today, when will the results be declared? And how long after the results do the winning candidates ...
6
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3answers
215 views

Why are budget categories often in relation to GDP?

I've just watched "tagesschau" (the most important German news) and saw this: BIP = GDP. It is showing the planned defense budget of Germany. Why are budget categories compared to GDP? Why are they ...
2
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1answer
134 views

Is it customary for European Union to debate multiannual budget before agreeing on the grand strategy for the next 10 years?

European Union recently has had grand 10-year strategies - Lisbon strategy for 2000-2010 and Europe 2020 for 2010-2020. Now the debates have started about next multiannual budget for 2021-2027 but I ...
4
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1answer
112 views

New Jersey budget plan

Governor Murphy of NJ has proposed a state budget plan. I've been trying to find a copy of the budget plan on the internet, but can't find it. I also checked on the NJ state website. Is it ...
14
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1answer
286 views

Why does the President propose a budget?

The President's proposed budget for Fiscal Year 2018-2019 has been described as "just a nice book" and "dead on arrival because presidential budgets are always dead on arrival". Similar sentiments ...
1
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1answer
81 views

Limits of Congress’ override authority

With regards to the annual budget for the U.S. government. If congress approved a budget that was then vetoed by the president, could congress use its override authority to approve the budget and ...
2
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2answers
292 views

Why is the looming shutdown of the US federal government not avoided by “reconciliation”?

As alluded to in this MSNBC clip, the strategy of at least some of the elements of the Republican party is to lay blame for the looming shutdown of the US federal government due to lack of funding ...
10
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6answers
1k views

Why does Denmark spend less of their budget on their universal health care than USA does?

Health care makes up about 28 % of the federal spending in the US. See this. In Denmark, a country which, unlike the US, offers universal health care, which ought to be more expensive for the ...
7
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4answers
1k views

What is the biggest flaw with this Democratic Taxation system? [closed]

Imagine a country where up to 50% of the tax dollars are allocated by the people instead of congress/government. Once a year, the citizens file a vote with their tax return, which allocates ...
2
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1answer
243 views

Can the U.S. government cut a check to taxpayers by printing more money?

I'm not talking about open market operations via the Federal Reserve bank, or indirect payments through lower taxes, but rather the U.S Treasury simply cutting checks and mailing them directly to ...
3
votes
4answers
724 views

Why do US Republicans continually go after cuts to Medicare, Medicaid, social security?

Medicare, Medicaid, and Social Security are called "incentives" programs by some Republicans. These plans were put in place to help those disadvantage and many all ready pay federal taxes. Social ...
1
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2answers
261 views

Does the president have any real power over the budget in the US? [duplicate]

To pass cloture, a budget needs 60% of the Senate anyway. That's 6% short of overriding a veto. The government fails to spend $60 billion of allocated spending every year. So Congress can raise ...
32
votes
1answer
6k views

Why does Poland receive more in gross and (far more in) net EU funding than any other member state?

Poland receives more gross and significantly more net EU funding than any other member state, including significantly more than other Eastern members (e.g. Romania or Bulgaria). The stark disparity ...
-2
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1answer
131 views

Is it true that the USA funds a Shrimp Museum with the federal budget? [closed]

Apparently, the USA funds a Shrimp Museum at the federal level; I'd imagine as a form of pork-barrel spending. However, I've been looking for this online but ain't found much, thus I ask this. Is ...
2
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2answers
498 views

US political parties that support EU style social social welfare spending?

Are there any political parties or groups in the United States that openly support making the U.S. more like EU countries by: Addressing social welfare and safety net needs by increasing federal non-...
-1
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1answer
154 views

Could entertainment industry be taxed to support things like NEA/CPB to save it from Trump budget cuts?

One of the news about Trump's proposed budget was elimination of funding for National Endowment for the Arts (NEA), National Endowment for the Humanities (NEH), and the Corporation for Public ...
0
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1answer
71 views

Will the proposed 2017 budget move the responsibility of public services funding to the states?

I have heard that the federal government is taking away federal funding from things like planned parenthood and meals on wheels for example. But then I'm also hearing that they are taking that funding ...
14
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2answers
2k views

Who and on what basis determines how much US pays for UN?

US pays 22% of UN's total budget and 28.5% of peacekeeping budget. Who; and on what basis, determines those figures? I'd prefer precise rules if they exist, over general principles like "US has ...
1
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3answers
196 views

Can the derivatives market save social security?

My understanding of economics is that there are different investment possibilities for cash, versus a derivative based investment. I think that funds from social security are either used to pay out ...
18
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3answers
4k views

Why does Trump want to increase military spending?

From what I understand, Trump is an isolationist / non-interventionist, at least more so than previous presidents. On the other hand, Trump wants to massively increase military spending: [Trump] ...
6
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2answers
1k views

How does the President of the United States get a budget authorised?

The New York Times is reporting (in a balanced piece of a reporting) that Donald Trump may face resistance from the Speaker of the House, Paul Ryan, over his first budget proposal. How does a U.S ...
4
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2answers
134 views

How did the introduction of the GST affect state budgets in Australia

I've often wondered if the fact that the states are more willing to sell off infrastructure to raise funds is connected to the introduction of the GST in 2000. Now, as I understand it, the GST ...
5
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2answers
152 views

Is it possible for an EU country to incorrectly report annual deficit in order to obey Maastricht Treaty threshold?

Short version Less than two months ago, the socialists took power in Romania (simple majority in Parliament, both Chambers) and they have started applying their program. However, many analysts ...
8
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0answers
111 views

How can I locate RFP information, bid submissions, or other publicly available information from a procurement document number?

I am trying to learn more about a particular piece of software used to submit forms to a US federal agency. I have a 'procurement document number' sometimes also called an 'award ID'. Using this ...
3
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0answers
21 views

Who are the key individuals in Canada's Old Age Security program?

I am a student doing a project on the Old Age Security (OAS) program for Civic Studies 11. I have tried researching important individuals involved in this program, but could not find anything. Any ...
5
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1answer
2k views

In the US how much power does the President have over the budget?

Let's say the president wants to either increase or decrease spending. He pledges to veto any budget that doesn't increase/decrease spending by X amount. How much impact would this actually have? How ...
3
votes
1answer
72 views

Which government expenditures are paid for by income taxes?

A publicly available listing of US government expenditures is available for download at https://catalog.data.gov/dataset/public-budget-database-outlays-and-offsetting-receipts-1962-current. However, ...
2
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1answer
82 views

If there is a government shutdown over the holidays, does congress have to stay to resolve it?

I know that they are set to adjourn on the 18th, but if they shutdown the government, can they just leave for the rest of the year? What did they do in 1995 when that happened?
6
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1answer
128 views

Does the new Budget Deal avert the December 11 Government Shutdown?

Last night, the White House and Congressional leaders struck a budget deal in order to raise the Debt Ceiling until March 2017, as well as to raise the Sequester spending caps for Fiscal Years 2016 ...
1
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1answer
680 views

How is a budget surplus different from a negative GDP to debt percentage ratio, and does the latter automatically result in the former?

I understand the question may come across broad, I am new to government economics, but I am looking for a somewhat textbook answer. I hope you can make a rational guess, if the question seems odd, as ...
4
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1answer
225 views

How much additional defense spending would NATO have if every member met its obligations?

Every member of NATO is required to spend at least 2% of its GDP on defense. Most don't. How much money does that shortfall come to?
1
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1answer
245 views

Do political parties pay for opinion polls?

I'm curious about whether political parties pay survey companies for public opinion data. I could imagine, for example, the American parties having a consultancy relationship with Gallup or something....
4
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1answer
494 views

How much would basic guaranteed income cost?

I saw an interesting discussion here about basic guaranteed income but one of the primary objections is prohibitive cost, though this appears to be based on speculation. So I'd like to know how much ...
2
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1answer
3k views

Can private entities directly fund federal organizations?

Hypothetical: With congress stalled or unwilling to pass a new budget, could a sufficiently wealthy organization donate money to a government department, say the Department of Education or NASA and ...
8
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0answers
92 views

What measures exist to impose budget-like changes without passing through the Australian senate?

In this article is says: Treasurer Joe Hockey has warned the Labor Party and the Greens to pass tough budget measures through the Senate or the government will find other ways to push through ...
4
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1answer
701 views

When will the Australian Senate vote on the 2014 budget?

This question is quiet specific. When will the Australia Senate debate and vote on the 2014 budget? Further, where/how can I find out this information in general? I assume somewhere a agenda is ...
20
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7answers
4k views

Why fund the research in pure mathematics?

I post this question on politics.se, as suggested by this answer of Bjørn Kjos-Hanssen. The research in pure mathematics has (generally) no other choice that being funded by public organizations ...
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1answer
216 views

Do Republicans intend to put policy riders in the next appropriations bill?

Democrats and Republicans in Congress, under the leadership of budget chairs Patty Murray and Paul Ryan, recently agreed on a budget deal which specifies government funding levels for 2014. Of course,...
3
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1answer
92 views

How much does the House Bipartisan Budget bill of 2013 increase spending in the next two years?

The House recently passed a budget and ended the sequester cuts that under current law would extend into 2023. How much does this bill increase spending in the next two years? (in actual dollars and ...
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0answers
62 views

What are the total unfunded liabilities of the top 5 states?

Detroit recent bankruptcy that left its 20,000+ retirees with less than 1/5ths of their pensions. This has left many people concerned about the finanial stability of the various state retirement plans....
4
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2answers
833 views

How does the British Parliamentary system handle a situation like the US budget crisis?

I assume most people are aware of the recent US budget crisis where a disagreement between House and Senate caused non-essential parts of the US government to be shut down. There is a question here ...
9
votes
1answer
162 views

Could the Australian Government be denied funding in the same way that happened in the USA?

Recently there has been a lot of news about the US Debt Crisis. Could something similar happen in Australia, for example if the senate refused to pass legislation allowing the government to spend ...
9
votes
2answers
6k views

How does President Obama spend money without a budget?

Since Obama took office, the House has submitted budgets every year. The Senate has not approved a budget for the past five years, which they are mandated to do. This is why we have continuing ...
5
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2answers
395 views

Does medicare have its own trust fund?

Does Medicare have it's own trust fund that's supposed to be completely separate from the rest of the treasury, similar to how Social Security does? Or does medicare costs just come out of the main ...
6
votes
2answers
547 views

Does the United States have a built-in mechanism to resolve loss of supply? And if not, why not?

In countries that have inherited the Westminster system, loss of supply typically results in government being required to either reform as the majority that blocked supply; or dissolve parliament so ...