Individual hospitals need to balance their budgets between outbreak preparedness and other routine expenses like drugs and medicines, or expensive, one-off purchases like MRI scanners.
Traditionally, governments have tried to match their expenditure with the money they receive from all of these sources of income, also known as running a balanced budget.
“The sequester will be in effect until there are cuts and reforms that put us on a path to balance the budget over the next 10 years, period! ” House Speaker John Boehner announced.
“The sequester will be in effect until there are cuts and reforms that put us on a path to balance the budget over the next 10 years, period! ” explained House Speaker John Boehner.
Rather than pitting these two aspects against each other, universities and colleges should strive to balance their budgets and priorities to meet both academic and non-academic needs of their students.
But Sununu had expressed deep skepticism that the policy would be temporary and frustration that it appeared to him Massachusetts was balancing its budget " on the backs of our citizens" .