The case for new federal budget concepts and benchmarks

Article Abstract:

The Congressional Budget office believes that the 2004 budget of the U.S. produced a deficit of $ 413 billion due to lack of fiscal discipline. A few simple solutions are enlisted to tackle this problem that include, creating a stabilization fund, establishing a capital budget and a balanced operating budget.

Fiscal Policy, Budgets

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Strategic budgeting

Article Abstract:

The strategic plan is linked to the budget and establishing methods to assess whether an organization's financial management adheres to the strategic plan. It explains the concepts underlying strategic budgeting and the ways by which strategic budgeting strategies can be advanced.

Labor Distribution by Employer, Statistics, Strategic planning (Business), Federal budget

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Performance budgeting in federal, state and local government

Article Abstract:

The status of performance budgeting in federal, state and local government is elaborated. The success of performance budgeting is judged within the context of the budget process rather than a budget outcome.

Capital funds & cash flow, Methods, Accounting and auditing, Administrative agencies, Government agencies

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