Channel Button

There are 14 articles on this title. You are reading the article ranked and rated #1 by Helium's members.

Politics, News & Issues   >

US Economy

Get a Widget for this title

Explaining the national budget

by tfedge

  • Writing Level Star

I'm assume you are asking what the definition of the national budget is and not how much it is for a particular country.

Theoretically, a national budget is like any budget except on a national level.



Typically when one makes a budget one lists and totals his income and his known and predicted expenses for a particular time period for example a month or a year.

A budget is created as a planning tool that allows one to determine if he has enough money coming in to meet expenses. If so, the person can plan what to do with the surplus so that it doesn't just waste away with nothing to show for it. If there isn't sufficient income, this allows a person to try to cut expenses or try to increase income until equilibrium.

On a national level at least in the United States, both expenses are cut, usually at the lowest levels of expense and taxes are raised,again on the lowest level of income. The United States government has operated at an increasingly large deficit for many years.

In the United States, the National Budget is largely a work of fiction.

Learn more about this author, tfedge.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Explaining the national budget

  • 1 of 14

    by tfedge

    I'm assume you are asking what the definition of the national budget is and not how much it is for a particular country.

    Theoretical ly,

    read more

  • by Paul Wylie

    The President Lost His Mind Over The Weekend From The Bat Cave

    While everyone in the country was watching the Super Bowl or

    read more

  • 3 of 14

    by Stephen Carter

    The most vital element in any budget for anybody anywhere is the level of debt he or she is carrying. So a look at the national

    read more

  • 4 of 14

    by Ryan Wilhite

    The national budget is a beast.

    While most people's budgets are black and white, the national government's is gray. It's difficult

    read more

  • 5 of 14

    by Gerry Baird - www.findyourpassion .com

    The term "budget" is used loosely in connection with American government. When we talk about budgets in connection with businesses

    read more

View All Articles on:
Explaining the national budget

Add your voice

Know something about Explaining the national budget?
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Should health insurance companies be "for profit"?

Click for your side.

175649

Featured Partner

National Center for Policy Analysis (NCPA)

The National Center for Policy Analysis (NCPA) has partnered with Helium, giving you the chance to write for a cause....more

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA