This volume explores the topics relating to the federal budget of the United States by presenting varied expert opinions that examine many of the different aspects that comprise these issues. The viewpoints are selected from a wide range of highly respected and often hard-to-find sources and...

This study presents an evaluation of the National Expenditure Program for 2013. First, this paper projects that the fiscal targets set out in the Budget of Expenditures and Sources of Financing (BESF) for 2013 are likely to be met. Specifically, fiscal deficit is projected to be PHP 9.6 billion...

The need for state, to provide services that people publicly demand, requires sharing resources between private sector and government. Since resources are assumed to be scarce in economies, states cannot generously act and share those resources. This is the constraint that governments must take...