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Obviously, in periods where there is a deficit, the difference is made up by issuing debt, but are there any other possibilities where the federal budget could be considered 'balanced' by deferring payments to future years? For example, something that made the budget better today, but at the expense of increasing the unfunded liability of social security over the next 75 years, which isn't included in budget calculations.

2007-01-24 17:25:46 · 3 answers · asked by presidentrichardnixon 3 in Social Science Economics

3 answers

No, in order to consider the budget balanced, revenues must equal expenses. So, if the budget is balanced, there would be no borrowing to make up the difference. That being said, you do raise a good point. There are several items that are not put on the budget, which are held in separate accounts. Is it possible to use some sort of manipulation to make the budget appear balanced and borrow to fund these separate accounts? Yes. Does it occur? I cannot say definitely, but there is a likelihood that it does. So what can be done about it? Either cut expenses ( not popular with some politicians), or raise taxes ( not popular with some politicians), or elect an economist to these positions ( who would be very unpopular with the people receiving the benefits of welfare and those paying increased taxes).

2007-01-25 04:47:05 · answer #1 · answered by theeconomicsguy 5 · 0 0

confident till you get a newborn in workplace . And sees a toy save of all styles of issues to play with . Exporting the production so company u . s . of america could make a lot of money . Making it so all individuals can do something they must make a lot of money short term Low interest dwelling house mortgages is the loan sharks dream of a rip-off .

2016-12-12 19:46:23 · answer #2 · answered by ? 4 · 0 0

you should send this question to your congressman;
most Y!A users are below voting age.

2007-01-24 17:30:12 · answer #3 · answered by Anonymous · 1 0

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