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Government Budget

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Government Budget stories:

Meltdown 101: Budget gap huge, but has been worse
Oct 16th, 2009 - The Associated Press
WASHINGTON (AP) -- The federal government's budget gap is huge - but by some measures, it's been bigger in the past. The annual budget deficit reached $1.4 trillion in fiscal year 2009...
Latvian Government Agrees to Budget Cuts
Oct 12th, 2009 - Wall Street Journal
Latvia's coalition government Monday agreed to find the spending cuts required by international lenders to keep rescue aid flowing to the crisis-struck Baltic country...
Leaner government emerges from Pa. budget battle
Oct 10th, 2009 - Philly
HARRISBURG, Pa. - The fine print of Pennsylvania's state budget shows that lawmakers and the governor weren't crying wolf when they warned about shared pain. Gov. Ed Rendell...
Pa. House takes break from 11-hr debate over games
Oct 4th, 2009 - Philly
HARRISBURG, Pa. - State House members worked to advance a bill to legalize table games at Pennsylvania's slot-machine casinos in an unusual Sunday session, as the politically...
Massachusetts government to announce emergency budget cuts
Oct 2nd, 2009 - Reuters
NEW YORK (Reuters) - Massachusetts officials have begun identifying emergency cuts to make to the fiscal year 2010 budget after the state's September tax revenue collections missed their target...

Government Budget videos from YouTube:

8:53
The US $1,000,000,000,000 Foreign Policy: Ron Paul discusses Government Budget and Solutions
First, we must understand money = debt, not value. This is important distinction. Please add logical debate as to why any other presidential candidate will specifically solve this problem.
6:51
Budget needs require new approach to government
2:04
U.S. Government Printing Office: President Obama's Budget Overview
Employees at the US Government Printing Office (GPO) worked with the Office of Management and Budget (OMB) to distribute President Barack Obama's Budget Overview for Fiscal Year 2010. The distribution took place at GPO on February 26, 2009.
2:02
Herger Floor Speech on Budget: Big Government, High Taxes Are Not the Solutions We Need
Congressman Herger speaks in opposition to the Democrats' tax and spend budget.

Government Budget from WikiPedia:

A budget (from French bougette, purse) is generally a list of all planned expenses and revenues. It is a plan for saving and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting is to:

The process of calculating the costs of starting a small business begins with a list of all necessary purchases including tangible assets (for example, equipment, inventory) and services (for example, remodeling, insurance), working capital, sources and collateral. The budget should contain a narrative explaining how you decided on the amount of this reserve and a description of the expected financial results of business activities. The assets should be valued with each and every cost.