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Jason Furman, who was the chairman of the White House Council of Economic Advisers during the second term of the Obama Administration, pointed out to me on Wednesday that the budget deal involves "budget authority" rather than actual outlays, which as a result means that the spending increases it authorizes may take longer to be disbursed, especially at the Department of Defense.
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Instead, the struggle involves budgeting in other areas, namely advertising and even actors.
That debate is also expected to involve budget allotments.
It does, of course, involve budget cuts, and big ones.
One major proposal, however, wouldn't involve budget outlays: the president's call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation.
The DPJ has never held power, so it can keep internal divisions on these issues out of the public eye.Not all of the DPJ's promises involve budget cuts and the economy.
So as the chancellor, George Osborne, puts the finishing touches to next week's spending review, which will involve budget cuts of up to 40% for some Whitehall departments and aims to shrink the benefits bill still further, it's worth remembering just how much the rhetoric on welfare reform here mirrors that in the US.
Sources are telling TechCrunch that Cisco is planning a significant cost reduction this week, which could involve budget cuts and layoffs.
And from 2010, to get a GCSE in mathematics, 16-year-olds will have to study "functional mathematics", likely to include sums involving budgets, interest rates and inflation.Simply lecturing teenagers about the importance of saving for a pension is unlikely to help, though; they will probably dismiss such matters as irrelevant to immortal beings such as themselves.
On the other hand, we must also look to the future by embracing wealth-building strategies that involve budgeting, savings and frugality.
Again, the question involves the budget deficit, the projected budget deficit and ways to close it.
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