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The very low inflation rate may account for this uniform step-down in both sides of the budget ledger.
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The government still enjoys a healthy budget surplus, and its ledger is virtually free of debt.
This approach might reduce the federal budget deficit on the ledger but it doesn't actually save anyone any money, said Joe Baker, the president of the Medicare Rights Center.
Jane Harman, the ranking Democrat on the House Intelligence Committee, properly stresses that any real attempt at oversight means Congress must stop signing blank checks for the Pentagon, which controls most of the annual $40 billion intelligence budget in various secretive ledgers.
And the Star-Ledger reported, "Budget analysts say the $11 billion deficit was closed largely by avoiding massive costs.
I have working experience with all aspects of accounting, which include, but are not limited to, tax preparation, customer service & problem resolution, budgeting, financial analysis, general ledger, account reconciliations, payroll, accounts receivable and payable, and financial report creation.
Lower health care costs can mean less pressure on government budgets and corporate ledgers, not to mention higher margins for insurance companies.
What was even more disconcerting about the president's re-set speech was what it said– and what it did not say about the other side of the economic ledger, our busted budget.
And proving that a budget is more than figures in ledger book, the budget will have a tangible impact: those who like a glass of pinot noir with Sunday dinner may be happy to know that liquor stores will be able to stay open seven days a week, not six, in an effort to drive $2 million in additional tax revenue into state coffers.
It's Budget Day, and two government ledgers are being weighed.
"On the other side of the ledger, the city's budget is under greater stress than it's been in at least 10 years".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com