Germany is demanding a reduction in its net budget contribution.
But Britain remained the biggest net budget contributor after Germany.
Germany, the UK, France and Italy are the biggest net contributors to the budget, which amounts to about 1% of the EU's overall GDP.
Net contributors to the budget like the UK, Sweden and the Netherlands insist that the answer is not to spend more, but to spend more wisely.
Indeed, from the moment of joining, Britain was on course to become the biggest net contributor to the budget despite being one of the club's poorest members.
Most net contributors to the EU budget are keen to retain their veto rights.
Neither the current budget balance nor net debt would have been increased.
That applies both to the current budget balance and the net fiscal balance, including capital expenditure.
However, net negative government saving (the budget deficit) overwhelms the others and make total national saving negative.
Then, establish a budget and a personal net-worth statement to demonstrate the business-like management of your life and to motivate taking control of your life.
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Italy might not need to leave the euro on grounds of its net external liabilities, and its primary budget (ie, before interest payments) is under control.
The primary budget balance, which excludes net interest costs, thus providing a truer picture of government receipts minus expenditures in a given year, also appeared more favorable for the euro area in 2009.
Second, we are told that we cannot balance the budget without cutting the social safety net.
One topic that should, but probably won't, come up often is how any of the candidates proposes to deal with the most pressing issue California faces, the gaping hole in its budget that threatens its social safety net and its economic recovery.
Instead of the 'net fiscal balance', that smaller 'current budget balance' doesn't include capital spending.
In fact, the White House budget office scores the agency as a net positive for the federal deficit.
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France, which does so well out of current budget arrangements that it makes almost no net contribution at all, will resist doggedly.
Since the current-account balance equals the net saving of the private and public sectors, a budget deficit boosts the external deficit.
If we just subtracted budget from box office earnings to get a net gross, Life of Pi would have topped the list.
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And indeed, the same Washington Post poll that shows the president improving in most areas also shows that he still gets net negative ratings on managing the economy, balancing the budget, and creating jobs.
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"It honors the moral obligation we have and keeps a safety net, " Assembly Speaker Sheldon Silver said of the tentative budget.
Nevertheless, opponents like to point out that the Congressional Budget Office has scored a corporate tax holiday as a net revenue loss that would add to the deficit.
Unlike many of its developed peers, Australia's government plans to return to a budget surplus in the next fiscal year and forecasts its net debt to peak just below 10% of GDP, a fraction of the borrowings seen elsewhere.
The important comparator is this: 18 months ago, the Office for Budget Responsibility (OBR) was forecasting that public sector net debt would reach its peak a year earlier, in 2014-15, and it thought that peak would be considerably lower - 70.9% of GDP (87.2% on the eurozone's basis).
"It's far too early to be drawing definitive conclusions this early in the financial year, but it's a good start: net borrowing is lower than in April last year, the current budget position is better, receipts growth is very buoyant and spending is subdued, " said Investec economist Philip Shaw.
Like the net lease, estimate what these extra expenses will be for comparison and budget purposes.
Reform the budget and then you can actually get on with a lower net contribution.
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The problem is not so much the budget deficit (though Greece was certainly profligate) as the net foreign borrowing by all actors, public and private (say to finance a trade deficit).
The promise and peril of a colorful choice is exemplified by Mr. Ryan, who, as chairman of the House Budget Committee, has drafted budget plans that cut taxes and spending and overhaul safety-net programs, making him a hero to conservatives.
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