Feb 14, 2006 13:33
18 yrs ago
English term

Budget Plan Assumes Much, Demands Little .

English Other Economics
From a piece of news

Discussion

Morad Safe (X) (asker) Feb 15, 2006:
Sorry, no more context is at my disposal.
Lia Fail (X) Feb 14, 2006:
as in government budget? Please, a wee bit more context:-) Is it a newspaper item?

Responses

+4
2 hrs
Selected

...demands too little (taxes). See explanation.

Budget Plan Assumes Too Much, Demands Too Little
President Bush's budget blueprint would bring the federal government's budget deficit under control by decade's end. But to do that without raising taxes, ...

This is from a Feb 6 Washington Post article. It is saying that the budget makes too many assumptions about the economy and demands too little in tax increases to pay for the expenditures.

--------------------------------------------------
Note added at 2 hrs (2006-02-14 15:59:04 GMT)
--------------------------------------------------

Sagamore Institute for Policy Research
Budget Plan Assumes Much, Demands Little To bring the federal deficit under control without raising taxes, President Bush would need broad tax reform and a ...
www.sipr.org/default.aspx?action=FoundersClub - 22k - Cached - Similar pages

Peer comment(s):

agree Dave Calderhead
1 hr
Thanks Dave!
agree conejo : I think the nuance is that the budget plan assumes things that may or may not be true or may or may not happen, and does not have enough funds (taxes) to back it up.
1 hr
Thanks Conejo!
agree Seema Ugrankar
8 hrs
Thank you Ugrankar.
agree Alfa Trans (X)
13 hrs
Thanks Marju!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Much obliged."
21 hrs

Corporate budget plan?

It could also be a corporate budget plan that expects high revenues, without having adequate accounting systems or sales structures.
Something went wrong...