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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2answers
387 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 ...
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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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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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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 ...
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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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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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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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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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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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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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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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155 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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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 ...
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1answer
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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 ...
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1answer
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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, ...
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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?
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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 ...
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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 ...
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1answer
276 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?
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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....
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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 ...
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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 ...
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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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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 ...
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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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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,...
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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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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....
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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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1answer
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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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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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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 ...
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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 ...
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How much has government spending increased/decreased in relation to the median households income since 2000? [closed]

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 ...
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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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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 ...
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1answer
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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 ...
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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 ...
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1answer
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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 ...
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1answer
326 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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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
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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?