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What is Balance Budget about?

The document discusses how states with strict balanced budget rules may meet budget requirements through fiscal actions beyond just spending cuts and tax increases, such as selling public assets and transferring funds between government accounts. This could impact both future taxpayers and the intended use of funds. The study examines whether stricter budget rules are associated with greater use of asset sales, fund transfers, spending cuts, and tax increases to address budget deficits.

Author

Indah Shofiyah

Language

EN