When the limitations like that the state cannot spend more than its income then it is called as a balanced budget amendment by the constitution and in this amendment it will require the US government not to spend money in its expenditure and the taxes excluding the borrowing.
Explanation:
This mainly requires a balance between the project receipts and the expenditure by the government. This type of balanced budget is often associated with the US federal constitution. It also has some type of balanced budget that requires to the operation of the provision of the state and there is no need for the government to submit the balanced budget legally.
