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Most states have balanced budget requirements.
"It's low on the totem pole of budget requirements," Mr. Kuhn said.
These include balanced budget requirements, single-subject rules and debt limits.
The financial crisis has made it difficult for states to fund their budget requirements.
Outsize pension costs and balanced budget requirements are squeezing many states as tax revenue has come up short.
Boreing vowed to maintain the mailing list and stage events, but without the infrastructure, staff or budget requirements.
Similar(18)
Historically, one problem conservatives had with a straightforward balanced budget requirement was a concern that it might lead to tax increases.
Pre-Depression classical economics had been based on a rigid balanced budget requirement for government and a gold standard that provided no discretion for the monetary authorities.
Every state except Vermont has some sort of balanced budget requirement that prevents it from weathering a recession by running up big deficits to keep teachers employed, students in college, welfare payments flowing and construction humming.
The EU itself has even suggested the balanced budget requirement be delayed until 2006.
As a result, a comprehensive report which includes the program's budget requirement, production forecast, contingencies and cash flow study is expected to be developed in this node.
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CEO of Professional Science Editing for Scientists @ prosciediting.com