AARP Hearing Center
A term applied to legislative bills or proposals that pay for themselves over some budget period — for instance, a proposal that includes tax increases to fully offset the value of proposed expenditure increases.
SOURCE: The Urban Institute
LIMITED TIME OFFER: Labor Day Sale!
Join AARP for just $9 per year with a 5-year membership and get a FREE Gift!
See also: Budget deficit
See all terms in the National Debt Glossary
Frequently Asked Questions: National Debt
- How did the national debt get to be so big?
- What's the difference between the debt and the deficit?
- Why can't the government just print more money to get out of debt?
- How much U.S. debt is owned by foreign countries?
See all questions about the national debt. >>
