Even if they accept a huge write-down on their loans, servicing these will require a budget surplus (before interest payments) far bigger than this year's target of 2.5%.
And he favors a constitutional amendment that would require a balanced budget.
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Setting up deep-water fish farms in the U.S. would require a hefty budget for defending against lawsuits from NIMBY (Not In My Back Yard) activists and competing on-shore and near-shore fish farms, as well as paying an army of lobbyists to fend off opposition from states like Alaska and Maine where fishing fleet interests have considerable political pull.
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There's instructions to help build your own Iridis-Pi at the source link, and the best part is that it won't require a university-level budget to run.
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For his part, Sessions offered an amendment to require Democrats to present a budget that balances in 10 years -- something Murray's budget doesn't do and President Obama's is not expected to do when he unveils it soon.
Sensible budget wonks of all political stripes understand that a solution to our looming budget crisis will require more tax revenues.
The next day, Governor Ted Strickland, a Democrat who remains popular in Ohio, announced a budget shortfall that would require painful spending cuts across the board.
But the proposed budget would require GRATs to have a minimum term of 10 years.
Participation would require the agreement of European member states and a budget to fund the development work.
Handing it over would have involved a cost elsewhere, and therefore, UK ministers argued, would require a proportionate cut in Scotland's overall budget.
Does that mean SEC schools require a larger amount of contributions to fund their budget because of shortfalls in other sources of revenue?
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While it may require input from their team, trying to manage a budget and make such decisions as a group often leads to disaster.
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The report said both options would still require a significant ongoing subsidy from the council, for which no budget currently exists.
So even if Mr Greenspan is right, and the public debt is paid off sooner rather than later, the long-term budget position, properly conceived, still does not require a tax cut now.
There had been talk about tax reform during the budget battles as a method for raising revenue that did not require raising tax rates.
Cuts in the education budget will probably shorten the school year by a week, require teachers to be laid off and cause classes to get bigger.
As I understand it, the pay-fors they put forward will require a change in the caps, a reduction in the caps agreed to in the Budget Control Act.
So it's notable that during its recent budget debate the Senate voted 51-48 for a nonbinding resolution that would require CBO to produce a dynamic score for tax changes.
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