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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8
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2answers
709 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 ...
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0answers
538 views

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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543 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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845 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 ...
4
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1answer
228 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 ...
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2answers
883 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 ...
6
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1answer
73k 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 ...
3
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1answer
404 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
2k 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?
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1answer
592 views

How much of the deficit would be reduced by increasing taxes on the top 1% to 1990s levels?

President Obama has talked about raising taxes on the super-rich as one way to balance the national budget. This New York Times opinon piece says: We can achieve significant deficit reduction ...
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1answer
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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&...
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692 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 ...
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1answer
506 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 ...
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1answer
51 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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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 ...
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1answer
621 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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1answer
132 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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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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1answer
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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 ...
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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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