- The 2011 US debt ceiling crisis was one of a series of recurring debates over the increase in the overall size of the US government debt.
- The 25% rule is a heuristic that can refer to either public finance law or intellectual property law.
- Austerity refers to a strict economic policy that the government introduces to control the growing public debt, driven by increased thrift.
- Salvation is the injection of money into a business or organization that would otherwise face inevitable collapse.
- A balanced budget occurs when revenues equal or exceed total expenditures.
A budget surplus is when revenues exceed spending.#
- B2G, or business to government, is the provision of goods and services to government agencies at the federal, state, and local levels.
- The crowding-out effect suggests that an increase in public sector spending leads to a decrease in private sector spending.
- A spending deficit occurs when government spending exceeds its revenues.
- Purpose is the process by which people or organizations allocate certain money for certain purposes.