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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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3answers
507 views

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 ...
8
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2answers
246 views

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?
5
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5answers
1k views

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 ...
3
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0answers
105 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....
2
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1answer
118 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 ...
5
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1answer
211 views

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 ...
5
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2answers
223 views

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 ...
16
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2answers
2k views

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 ...
2
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1answer
249 views

Budget reconciliation for border wall?

Could Congress have used budget reconciliation to fund a border wall and avoid the current shutdown?
36
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2answers
12k views

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,...
4
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1answer
207 views

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 ...
2
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0answers
67 views

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"...
1
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1answer
155 views

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 ...
2
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2answers
576 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-...
33
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5answers
11k 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
vote
1answer
189 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 ...
3
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3answers
134 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 ...
10
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6answers
2k 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 ...
2
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0answers
71 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?
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3answers
6k 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?
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0answers
80 views

Quantitative effect of losing a senior senator

I am interested in locating research about the quantitative effects of a junior senator replacing a senator with some level of seniority. There are a number of different ways to measure the effect as ...
4
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2answers
138 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 ...
4
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1answer
115 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 ...
2
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1answer
70 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 ...
7
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3answers
941 views

Why does USAF buy F-35?

The F-35 program is justified on two grounds: F-22 is too expensive (similar to F-16 being the cheaper alternative to F-15) F-35 can be used by AF (F-35A), Marines (F-35B) and Navy (F-35C) (similar ...
6
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3answers
216 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 ...
7
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2answers
598 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 ...
2
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1answer
139 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 ...
14
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1answer
322 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 ...
2
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1answer
986 views

Why doesn't the Shadow Chancellor give the UK budget response?

Why is the budget response just given by the Leader of the Opposition rather than the Shadow Chancellor, who sits next to him?
2
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2answers
372 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 ...
1
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1answer
94 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 ...
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
252 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
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4answers
951 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
528 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
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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 ...
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
2k 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 ...
2
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1answer
258 views

What old law is going to mean $6 a Gallon milk in the US?

According to an article on the CBS Detroit Site a claim was made that, he says without congressional action – an old law would kick in – and you could end up paying a lot more. “Probably, ...
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1answer
141 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 ...
5
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1answer
3k 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 ...
0
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1answer
79 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 ...
-1
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1answer
187 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 ...
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 ...
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3answers
213 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 ...
5
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2answers
183 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 ...
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2answers
116 views

Will the Sequester result in an increase in spending over 2012?

Several news organizations are reporting that if the Sequester is allowed to be implemented it will most likely not be felt by most Americans, and that even with the Sequester cuts 2013 spending will ...
8
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0answers
120 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 ...
4
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2answers
965 views

Can raising the tax on the wealthy, without cutting spending, balance the federal budget?

Some of the stalemate over the Fiscal Cliff has been over whether to raise the tax rate on the wealthy in order to raise additional revenue. One argument that is frequently made is that the main ...