Examlex
A predecessor can be worked in parallel with a successor.
Taxes
Obligatory fiscal charges or various forms of dues levied on a taxpayer by government agencies with the aim of covering government expenses and assorted public financial needs.
Expenditures
Money spent by individuals, businesses, or governments on goods and services.
Budget Deficit
A financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or depleting reserves.
Automatic Stabilizers
Economic policies and programs, like unemployment benefits, that automatically adjust to stabilize an economy during fluctuations.
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