(from the article `government budget`) ...Jimmy Carter administration in the United States, although planning for a steep rise in expenditure as a proportion of gross domestic product ...
Method for setting a budget in which all spending must be justified each year, not just amounts in excess of the previous year.
a process in government and corporate finance of justifying an overall budget or individual budgeted items each fiscal year or each review period rather than dealing only with proposed changes from a previous budget.