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A balanced budget amendment or debt brake is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between the projected receipts and expenditures of the government, and the balance requirement may be for each fiscal year or over a multi-year period.
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budget balanced amendment debt government deficit would states spending federal constitution fiscal state gdp balance constitutional congress amendments year war
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| a natural disaster or severe economic crisis | instance of | The Basic Law permits an exception to be made for emergencies | 0.80 | text |
| transportation | instance of | which generally allow states to use their debt capacity to finance long-term expenditures | 0.80 | text |
| other infrastructure.U.S. federal governmentThere is no balanced budget provision in the U.S | instance of | which generally allow states to use their debt capacity to finance long-term expenditures | 0.80 | text |
| Medicare | instance of | money borrowed from federal funds | 0.80 | text |
| Social Security.Fiscal years 1940 | instance of | money borrowed from federal funds | 0.80 | text |
| Social Security | instance of | money borrowed from federal funds | 0.80 | text |
| being in the state of war | instance of | Balanced-budget amendment proposals often contain an exemption for emergencies | 0.80 | text |
| other infrastructure | instance of | which generally allow states to use their debt capacity to finance long-term expenditures | 0.80 | text |
| Balanced budget amendment | related to External links | Res | 0.60 | section |
| Balanced budget amendment | related to External links | Balanced-Budget-Amendment | 0.60 | section |
| Balanced budget amendment | related to External links | Senate | 0.60 | section |
| Balanced budget amendment | related to External links | August | 0.60 | section |
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