Public Budget
Essays

Whether it is known or not, public or governmental budgeting is different from non-governmental budgeting. Public budgeting is more concerned with the sustainability of programs whereas as private budgeting is more…

Tax expenditures are losses to the treasury that stem from loopholes, exemptions, credits or deductions to specific categories of taxpayer or activity. These are considered tax expenditures because rather than being a…

There are several different types of marketable securities. They roughly fall into four categories -- cash equivalents, debt, equity and derivatives. Cash equivalents are highly secure, short-term instruments.

Match the following terms with the appropriate definition

The Cato Institute policy statement on "Fiscal Federalism" is an excellent example of 'throwing the baby out with the bath water.' Yes, there may be unnecessary government bureaucracy involved in the awarding of federal…

The agency name is the Department of Education. The name of the proposal is the Arts Funding Initiative. The need identified is that schools, particularly those struggling to meet the demands of No Child Left Behind,…

The options for financing President Bush's plan to partially privatize Social Security might well be as unworkable as his plan to cut taxes five times, while increasing defense spending by starting two wars in the…

Over the last several years, there has been an emphasis on developing strategies that tied directly to public performance management. Part of the reason for this, is because information has surfaced, highlighting the…

This paper is part of a series on public budgeting issues. Topics covered in this series include property taxes, the idea of a national sales tax, and Social Security reform. Ideas like regressive taxation are covered a lot in these papers, which outlines some of the major budget issues facing governments today.

This paper evaluates whether the 1985 Balanced Budget and Emergency Deficit Control Act and the Budget Enforcement Act of 1990 are truly political solutions to the deficit crisis. These acts were brought in to create a framework for making tough political choices to fix the deficit, but they did not directly address the deficit and therefore are not political solutions.