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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55
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10answers
18k views

Why does the EU care so much about the UK divorce payment?

Most current estimates of the UK exit bill show that the sum is somewhere around 50 billion Euros. This is equivalent to 0.3% of the EU's yearly GDP, so it's pretty much a negligible sum for the EU ...
40
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7answers
13k views

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 ...
40
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4answers
5k views

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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2answers
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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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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 ...
32
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1answer
7k 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 ...
27
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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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7answers
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Why does Germany have such a rather small defense budget?

This article deals with Germany’s Armed Forces status in the context of Trump's decision to reduce US troops stationed in Germany. Besides the main topic, the article also mentions that Germany spends ...
24
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1answer
5k 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 ...
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7answers
5k 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 ...
21
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3answers
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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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7answers
4k views

Do any nations have in place formal mechanisms to “save in good years/spend in bad years”?

One tenet of Keynesian economics is that a government can improve long term economic efficiency, and individual well-being, by deficit spending during recessions. Some examples of that might be: US ...
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2answers
3k 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 ...
18
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3answers
5k 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] ...
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1answer
2k views

Why does California spend so much on healthcare?

Taking a look at the California State budget, one can see that 46% of their taxpayers' money goes towards healthcare costs. But why is this the case? Isn't healthcare generally a federal concern, with ...
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 ...
14
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1answer
412 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 ...
11
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1answer
175 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 ...
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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 ...
10
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3answers
969 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 ...
10
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3answers
435 views

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 ...
9
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2answers
8k 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 ...
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3answers
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Could raising the tax on the wealthy, without cutting spending, balance the federal budget in the US?

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 ...
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3answers
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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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1answer
204 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 ...
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1answer
118 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 savings....
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2answers
696 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 ...
8
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1answer
14k 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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2answers
227 views

Eurozone countries surpassing their allowable deficit of 3% GDP

What happens when a eurozone country breaks EU fiscal rules that limit the allowable deficit to 3% of GDP?
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2answers
275 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?
8
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1answer
607 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. ...
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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 ...
7
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1answer
388 views

Why was the budget for the Center of Disease Control being cut drastically?

Right now, the CDC - according to The Trust for America's Health (TFAH)- says that the Center of Disease Control is underfunded by $4.5 billion and an act passed on December 22, 2017 cut $750 million ...
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1answer
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Why deliberate NASA authorization bills if NASA doesn't need them?

Spacenews.com's The sound and fury over a NASA authorization bill says that a NASA authorization bill isn't required and most years the US Congress doesn't pass one. Question: If that's so, then what ...
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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 ...
6
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1answer
388 views

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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3answers
254 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 ...
6
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2answers
840 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 ...
6
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1answer
157 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 ...
6
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1answer
130 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 ...
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3answers
534 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 on ...
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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 ...
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5answers
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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 ...
5
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1answer
697 views

Why is the British Chancellor allowed to drink alcohol in the House of Commons chamber?

On the parliament.uk site's information about the annual budget, it describes the tradition of "Despatch box drinks", where the Chancellor is afforded the privilege to drink alcohol at the despatch ...
5
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1answer
145 views

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 ...
5
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2answers
286 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 ...
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 ...
5
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1answer
69k 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 ...
5
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1answer
227 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 ...
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2answers
1k 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 ...