R44530

Means of Financing (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Means of Financing photo credit: photosteve101 Ways in which a budget deficit is financed or a budget surplus is used. A budget deficit may be financed by the Department of the Treasury (Treasury) (or agency) borrowing, by reducing Treasury cash balances, by the sale of … Read more

Expenditure / Tax Expenditure (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Expenditure / Tax Expenditure photo credit: 401K Expenditure: The actual spending of money; an outlay. Tax Expenditure: Loss of revenue attributable to an exemption, deduction, preference, or other exclusion under federal tax law.   What are tax expenditures?   Also see “Government Spending” – Wikipedia … Read more