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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How does the government purchase things?
After congress passes a budget and the president signs it, how are the funds acquired and how are they spent? Let's use the example: The defense budget has line items for the Department of Defense to ...
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UK Private Sector Receipts from the EU
The UK's membership fee in 2018 according to full fact goes from a £17bn gross payment, less rebate and public sector spending to a £9bn net payment.
Specifically, this image shows this does not ...
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1answer
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What is the UK equivalent of the American Congressional Budget Office?
Is there any body in the UK that parallels the American Congressional Budget Office? One that could give a best estimate of the costs of various Brexit options? Obviously it’s very complex and the ...
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Where does the provincial budget of Ontario exhibit its spending on the arts, culture, tourism?
My grandparents read Here's everything the Doug Ford government cut in its first year in office | National Observer, but this exhibits only the differences, not the old and new values. Where can they ...
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Why does the US federal debt increase by more than the US deficit each year?
I was looking through the Historical Tables from the Office of Management and Budget (https://www.whitehouse.gov/omb/historical-tables/). I noticed that each year the debt increases by a different ...
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How did the European Union reach the figure of 3% as a maximum allowed deficit?
According to Wikipedia's article about Stability and Growth Pact:
The fiscal discipline is ensured by the SGP by requiring each Member
State, to implement a fiscal policy aiming for the country ...
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7answers
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Why does the U.S military use mercenaries?
With a defense budget now totaling ~686-billion dollars a year – which is about the size of the next 8 largest defense budgets combined (figure) – why does the U.S military see the need to ...
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1answer
126 views
Why did 1 US state introduce the line-item veto between 1984 and 2008?
On January 25, 1984 Ronald Reagan said
Some 43 of our 50 States grant their Governors the right to veto individual items in appropriation bills without having to veto the entire bill.
In 2008, 44 ...
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1answer
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How is the budget planned for agencies of the European Union?
From the European Commission - Fact Sheet titled European Agenda on Migration: Securing Europe's External Borders and dated 15 December 2015, we see the sentence
Today's proposals will entail a ...
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1answer
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Who in the US actually “sends” astronauts to the Moon? The executive or the legislative branch?
The sources cited in this question and in the news mention that in a recent speech to the US space council, vice president Pence announced that NASA should land astronauts on the south pole of the ...
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Why does France have systematic difficulties in obtaining a budget deficit below 3%?
According to this article France plans for a budget deficit slightly over the EU allowed limit of 3%:
France's budget deficit is likely to overshoot the European Union's
limit of 3 percent of GDP ...
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What happens to the money during a government shutdown?
In the US, which part of the government is holding the money due to federal employees?
During a government shutdown, what happens to this money? Is it reinvested through short-term lending?
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What is the next portion of the US government that will be shutdown?
Currently, it appears that around 25% of the US government is shutdown. To the best of my understanding, this is because different departments funding expires at different times. What does the ...
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Why doesn't funding for U.S. government services simply continue at its previous level if a new budget can't be passed?
In the United States, a failure to pass a budget for the new fiscal year results in a government shutdown, during which all government agencies lose funding except those which are funded through other ...
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1answer
261 views
Budget reconciliation for border wall?
Could Congress have used budget reconciliation to fund a border wall and avoid the current shutdown?
2
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1answer
170 views
Why don't teachers unions lobby to pay off unfunded pension liabilties?
With a lot of states having issues regarding unfunded teachers pensions, I was wondering why it doesn't ever appear to be a main point of their lobbying/protesting/striking. Wouldn't it be in their ...
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Is there a list of all or major US federal expenditures that are funded specially?
Most expenditures in US budget are funded out of a general budget pool (e.g., you do not have a direct purposeful correspondence between source of funding, and a budget expenditure).
There are ...
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Are there any details as to where the $5,710,357,000 to fund part of Trump's wall would come from?
Last month the House of Representatives passed a temporary spending bill relating to Trump's border wall, which I believe is the following:
Sec. 141. Notwithstanding any other provision of this Act,...
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0answers
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PAYGO rules vs the PAYGO act of 2010
Following the recent uproar over the passing of PAYGO rules by the House of Representatives' democratic majority, I heard it said that "PAYGO rules" are necessary to waive the effect of the "PAYGO law"...
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Long term, does Trump's wall cost more than it saves per year?
One of the biggest areas of disagreement on the wall is its cost efficiency.
Republicans claim it will save us money by preventing the need to support illegal immigrants who enter the US, while ...
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Legislation or Constitutional Amendment needed to prevent Government Shutdowns in the US?
If we wanted to create a rule for the government budget that said that would prevent government from NOT leaving the government funded, would it require a constitutional amendment or could/should this ...
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1answer
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Can the Senate vote again on the bill to fund “The Wall” after the new members of Senate are sworn in?
Currently the house has approved and signed a bill funding "the wall."
Senate has not approved. New members are sworn in January. Can the bill then be approved and submitted to be signed by the ...
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5answers
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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 ...
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2answers
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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 ...
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0answers
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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?
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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 ...
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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?
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1answer
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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 ...
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3answers
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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 ...
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1answer
147 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 ...
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1answer
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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 ...
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1answer
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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1answer
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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 ...
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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 ...
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2answers
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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 ...
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1answer
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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 ...
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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 ...
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2answers
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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-...
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1answer
259 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 ...
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1answer
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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 ...
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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 ...
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3answers
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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 ...
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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] ...
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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 ...
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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 ...
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2answers
227 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 ...
