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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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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 ...
-2
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1answer
236 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
93 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
63 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
1k 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
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1answer
177 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
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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
405 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 ...
7
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2answers
576 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 ...
5
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0answers
461 views

How much has government spending increased/decreased in relation to the median households income since 2000?

In a Washington Examiner article, a member of the Senate Budget Committee was asked for a monetary estimate of what percentage of the government is shut down after exempting the military: a ...
4
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3answers
432 views

Why did the National Park Service need to spend money to shutdown a park they don't fund?

Due to the government shutdown, the National Park Service shutdown a privately funded Virginia park on federal land. The National Park Service has ordered the closure of a Virginia park that sits ...
6
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2answers
547 views

Would the reduction in spending due to an indefinite government shutdown eliminate the deficit?

During the government shutdown, essential services/employees are exempt, and the government continues to pay for those services/employees. Some people might be hoping that the government shutdown ...
3
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1answer
100 views

Do white house and congressional staffers currently (or sans Obamacare) receive subsidies for their health insurance?

The House passed a CR last night or today that would have delayed the individual mandate for 1 year and removed subsidies for congressional staffers, white house staffers, etc if they purchase health ...
4
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2answers
808 views

How is Obamacare still functioning with no budget?

The health and human services budget has expired and a new one has not been passed yet. So how is Obamacare still functioning, as it falls under that part of the budget? Is it being kept alive by some ...
5
votes
1answer
56k views

Why does the United States begin its fiscal year on October 1st?

So, I understand that many organizations have fiscal years that differ from calendar years, but why? What is the logic in starting a fiscal year three months early, especially considering how long ...
2
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1answer
254 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, ...
7
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3answers
934 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 ...
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0answers
79 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 ...
2
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1answer
980 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?
-1
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1answer
252 views

Does the US 2013 sequester affect politicians own salaries and benefits?

From Big cuts spur calls to Congress from irate constituents, Thomas Ferraro, Reuters: They have not worked together in Washington. And so the across-the-board cuts of the so-called "sequester" - ...
2
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2answers
390 views

What is this “Other” category of US federal spending and why is it so high compared to 2008?

In researching this question: " Where did all this deficit come from? " - I stumbled on the fact that "Other" spending catgory was the 4th largest spending increase in 2009-2012 period compared to ...
3
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1answer
466 views

What is the current impact of TARP (bank bailout) on US deficit?

As far as I am aware, at least some of the money that was given by US Government under TARP was paid back to the government. As such, how much of the ~$800 Billion was given back to the treasury and ...
2
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1answer
48 views

What percentage of the 2013 budget does the sequester cuts represent?

The sequester cuts to the growth in spending of the federal budget will result in a reduction in a increase in spending of $85 billion. What percentage of the 2013 budget does this represent?
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2answers
99 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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1answer
509 views

What prevents the U.S Congress from adopting a capital budget?

Most American states are required, by law, to balance their budgets. As a result, they do - to a large extent. The United States federal government, however, does not, and has not for many years. ...
6
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1answer
120 views

Does depreciation count in scoring a budget proposal?

I'm going to be meeting with my Congressman soon about a modest proposal I have that could be a big deal. My Congressman (Frank Wolf) is a big proponent of telecommuting already, and is quite aware ...
23
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1answer
4k views

What percentage of federal U.S. government employees are considered non-essential during a governmnent shutdown?

There have been two U.S. government shutdowns in recent history, Nov 1995 and Dec 1995. Looming government shutdowns seem to be a bit of a joke as read here, or on NPR Still, with so many federal ...
2
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1answer
79 views

What exactly was in the 2012 fiscal cliff deal?

So what exactly was in the 2012 fiscal cliff deal that congress passed at the beginning of 2013? I understand that they further extended the Bush tax cuts for people making less than $400 thousand to ...
4
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2answers
929 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 ...