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budget freeze
A budget freeze is a term for when a budget for an aspect of government or business is fixed- or frozen- at a specific level. One can be applied in a business to increase profits as well as in a government, often to reduce taxes.
Budget freezes become especially notable in difficult economic situations. In these cases, businesses can have problems acquiring funds, necessitating a reduction in spending. During times of economic or financial crisis, the government also loses revenue and faces pressure to lower tax burdens. This means that budget freezes may be used as a way of reducing money spent.
In government spending, budget freezes cause controversy and political debates. In the United States, Republicans generally support freezing budgets on government-funded programs and on wages for government employees.
==Reasons for a budget freeze==
There are many different reasons for a business or a government to implement a budget freeze. In the case of a loss of profit or tax revenue, the budget may need to be cut or frozen so that a company or a government does not spend more than its intake. An excess in spending can also necessitate a budget freeze.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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