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Alas, the asset side of the federal balance sheet is rather paltry, compared with the liability side.
As a showdown on the federal balance sheet approaches, a new scholarly effort at Berkeley offers unique insights on a long-contested issue: federal deficits and debt.
One of the core concerns of current EU reform efforts is the transformation of the principle of subsidiarity into a judicially manageable standard governing the federal balance between the EU and its Member States.
He said the "whole point" of the court's recent precedents -- specifically, the decision he wrote that struck down the Religious Freedom Restoration Act -- was that "when Congress alters the federal balance, it must carefully consider the consequences of doing so".
This is bad news for conservatives trying to keep the government's share of G.D.P. within historic norms, bad news for liberals who would prefer that the government do more than just deliver Social Security checks and Medicare reimbursements, and probably bad news for today's economy and tomorrow's federal balance sheet alike.
In traditionally sensitive areas, such as legislation affecting the federal balance, the requirement of clear statement assures that the legislature has in fact faced, and intended to bring into issue, the critical matters involved in the judicial decision". United States v. Bass, 404 U.S., at 349, 92 S.Ct., at 523 (footnote omitted).
Similar(42)
Mr Scott, for example, has been critical of the federal balanced-budget amendment, a perilous role for someone from a southern state with a long tradition of fiscal conservatism.
The reductions in Medicare and Medicaid reimbursement under the federal Balanced Budget Act (BBA) of 1997 and the earlier growth of managed care organizations were both intended to reduce the growth of hospital revenue.
We are constrained in our ability to consider the limits that the state-federal balance places on Congress' powers under the Commerce Clause.
How can the U.S. federal government balance its budget?
Regarding energy consumption, the MCAPs referred to all relevant sectors considered in the federal energy balance, and the corresponding technologies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com