zero-deficit budget
[ˈzɪroʊ ˈdɛfɪsɪt ˈbʌdʒɪt]
nounpl: zero-deficit budgets
orçamento com déficit zero
1. A budget in which government revenues equal government expenditures, resulting in neither a surplus nor a deficit
The governor proposed a zero-deficit budget that would require significant spending cuts across all departments.
O governador propôs um orçamento com déficit zero que exigiria cortes significativos de gastos em todos os departamentos.
2. A balanced budget where income and expenses are equal, leaving no money owed or unspent
Achieving a zero-deficit budget requires either increasing revenues or reducing expenses.
Alcançar um orçamento com déficit zero requer aumentar as receitas ou reduzir as despesas.
The concept of a zero-deficit budget is central to fiscal responsibility debates in both American and Brazilian politics. In the USA, achieving a federal zero-deficit budget is a recurring political goal, often involving contentious debates over taxation and spending priorities. In Brazil, similar discussions occur at federal and state levels, particularly regarding state governors' budget proposals. The term reflects broader concerns about government financial management and economic stability.
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