When journalists asked this morning what room for manoeuvre Labour had to give concessions to the other parties in next years budget the answer came back - none.
But legislators had anticipated using that money to rebuild state projects after years of budget cuts.
Worse trouble has been staved off by seven years of budget restraint, large foreign-exchange reserves and a hefty overseas investment portfolio.
Many city residents, after years of budget cutbacks and weak municipal services, said they were resigned to their fate under state control.
An estimated 1, 100 council posts will be cut at Leicestershire County Council over the next four years under budget proposals announced this week.
But some state lawmakers say now isn't the time to save, with unemployment still historically high and schools and other programs strained from years of budget cuts.
The U.S. government still owed trillions of dollars to investors who hold U.S. Treasury bonds (the national debt, which is the accumulation of years of budget deficits).
The likely outcome of the next five years of budget haggling is a collection of backdoor tax hikes, phaseouts, surcharges and code interactions that haul in revenue while leaving the published rate schedule unchanged.
California is another place where businesses have come to view three years of budget uncertainty and huge pension liabilities (not to mention the state's already high taxes and complex regulatory regime) as an inducement to migrate elsewhere.
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Some critics of the health bill question whether the IRS, which has struggled in recent years with budget problems, staffing shortages and outdated computer systems, will be up to the job of enforcing the mandate and efficiently handling the subsidies.
However, in the 1990s, the return of a booming economy allowed government spending cut-backs without harming the economy, which combined with a big surge in tax revenues from rising corporate profits, and capital gains taxes created by the explosive stock market of the 1990s, not only produced a balanced budget, but several years of large budget surpluses.
In the case of this tax bill, it was pushed through Congress as part of the budget reconciliation process, which means it can naturally only address the ten years of the budget window.
It reports on the state of the public finances and assesses whether the government is likely to achieve its goal of balancing the UK's budget within five years ('balancing the budget' is where spending matches the amount received from things like taxes).
The Congressional Budget Office gives its baseline budget projections for fiscal years 2013 to 2023 in its February 5, 2013 Budget and Economic Outlook: Fiscal Years 2013 to 2023.
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Well, let me remind you, we have 16 million new jobs, the lowest unemployment rate nearly in 30 years, the lowest percentage of people on welfare in 29 years, and the first balanced budget in 29 years, and the highest home ownership in history, and the lowest inflation rate in 32 years because we didn't squander money.
Over the past 6 years, our budget has increased by an average of 1.8% per year.
Gov. Andrew Cuomo is trying to extend the tax credit, which expires next year, for five years in the budget.
For future years, the budget includes the discretionary resources contemplated as a part of the plan for Social Security reform.
An estimated 1, 100 council posts will be cut at Leicestershire County Council over the next four years under new budget proposals.
BBC: Leicestershire County Council to axe another 1,100 jobs
Those of us who lived through those budget years are hardly nostalgic.
And over the past three years our defense budget has been increasing.
The election results were thought to signal a French shift to the left, bolstering Hollande's position to push through an anti-austerity agenda after years of government budget cuts.
The main change in the outlook from CBO is a change or a difference in what they see in terms of long-term economic growth largely in the out years of the budget.
In November's pre-budget report, the Treasury forecast much lower current-budget surpluses over the next four years than in the 2001 budget.
Virginia has enjoyed budget surpluses in recent years, but not in its transportation budget.
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.
The House and Senate Budget Committees set the overall parameters for tax and spending in the rare years when they pass a budget resolution.
Over the past 20 years the base defence budget has averaged 3.3% of GDP.
They point to the tax-raising budget in 2002 that followed the giveaways in his pre-election budget four years ago.
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