What's the difference between budget and earmark?

Budget


Definition:

  • (n.) A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.
  • (n.) The annual financial statement which the British chancellor of the exchequer makes in the House of Commons. It comprehends a general view of the finances of the country, with the proposed plan of taxation for the ensuing year. The term is sometimes applied to a similar statement in other countries.

Example Sentences:

  • (1) Handing Greater Manchester’s £6bn health and social care budget over to the city’s combined authority is the most exciting experiment in local government and the health service in decades – but the risks are huge.
  • (2) Mike Ashley told Lee Charnley that maybe he could talk with me last week but I said: ‘Listen, we cannot say too much so I think it’s better if we wait.’ The message Mike Ashley is sending is quite positive, but it was better to talk after we play Tottenham.” Benítez will ask Ashley for written assurances over his transfer budget, control of transfers and other spheres of club autonomy, but can also reassure the owner that the prospect of managing in the second tier holds few fears for him.
  • (3) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (4) The playing fields on which all those players began their journeys have been underfunded for years and are now facing a renewed crisis because of cuts to local authority budgets.
  • (5) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
  • (6) We are in the middle of the third year of huge cuts in acute hospitals' budgets," said Porter.
  • (7) Liu was a driving force behind the modernisation of China's rail system, a project that included building 10,000 miles of high-speed rail track by 2020 – with a budget of £170bn, one of the most expensive engineering feats in recent history.
  • (8) Based on the economics of most countries in Africa, their Health Budgets can afford mostly the non-opioid and strong opioid drugs in more or less adequate quantities.
  • (9) Non-essential Federal government services will remain closed until a budget to pay for them has been agreed.
  • (10) The need here is to promote the development of genuinely participative models – citizens panels and juries, patient and community leaders, participatory budgeting, and harnessing the power of digital engagement.
  • (11) The agency, which works to reduce food waste and plastic bag use, has already been gutted , with its budget reduced to £17.9m in 2014, down from £37.7m in 2011.
  • (12) Cable argued that the additional £30bn austerity proposed by the chancellor after 2015 went beyond the joint coalition commitment to eradicate the structural part of the UK's current budget deficit – the part of non-investment spending that will not disappear even when the economy has fully emerged from the recession of 2008-09.
  • (13) George Osborne’s eighth budget is unlikely to be a radical affair , as the state of the public finances and the upcoming EU referendum limit the chancellor’s room for manoeuvre.
  • (14) However in a repeat of the current standoff over the federal budget, the conservative wing of the Republican party is threatening to exploit its leverage over raising the debt ceiling to unpick Obama's healthcare reforms.
  • (15) The BBC has reversed its decision to close the Asian Network digital radio station – but will look to cut its budget in half.
  • (16) It has so far returned a mere $6m (£3.6m) of its relatively meagre $28m (£17.1m) budget, according to Forbes, a percentage of just 21%.
  • (17) "We were the ones with the most over-indebted banks, the most over-indebted households and we had the biggest budget deficit of virtually any country, anywhere in the world.
  • (18) • Motorola Moto G – the best budget smartphone for just £135
  • (19) In Wednesday’s budget speech , George Osborne acknowledged there had been a big rise in overseas suppliers storing goods in Britain and selling them online without paying VAT.
  • (20) However, it has since increased that to £2.1m or 15.6% of that budget.

Earmark


Definition:

  • (n.) A mark on the ear of sheep, oxen, dogs, etc., as by cropping or slitting.
  • (n.) A mark for identification; a distinguishing mark.
  • (v. t.) To mark, as sheep, by cropping or slitting the ear.

Example Sentences:

  • (1) The Treasury has also earmarked £3bn in "underspends" by departments that have cut more rapidly than planned, to be put to use.
  • (2) Although both conditions are uncommon, an awareness of these horns as specific earmarks of each is important, since early diagnosis may allow preventive intervention for their serious potential complications later in life.
  • (3) "The Sizewell B nuclear plant has been built on the Suffolk coast, a site that has been earmarked for the construction of several more nuclear plants.
  • (4) Climate scientists at the CSIRO who are earmarked for redundancy will learn their fate this week.
  • (5) Money earmarked for mental health diverted to balance NHS books Read more By campaigning for people to help each other by talking more, the royals hope to avoid a more politicised issue: claims that funding for NHS mental health services is being effectively cut.
  • (6) ITV has earmarked £7m to spend in developing the online operation this year.
  • (7) Darling said last week that the government had earmarked £11bn of efficiency savings, but that it did not plan to start cutting back until 2011-12 – when the UK economy should be in more robust shape.
  • (8) A centralized fund has been created by the Soviet Health Ministry, earmarked for concrete scientific projects instead of blanket financing of medical institutions, who, in addition, by 1989 will start being financially self-supporting.
  • (9) But in November, the pub on Hackney Road announced its closure: the site was earmarked for high-end property development.
  • (10) But it will not stop the trade, because the money which has been earmarked for the area by the government never reaches those who need it.
  • (11) However, only a very small number of these associations can be earmarked as reliable using statistical criteria, due to the limited size of the database.
  • (12) Residents of a West Bank settlement earmarked for demolitions by the Israeli supreme court clashed with police and soldiers attempting to evict them today.
  • (13) In 1949 it was estimated that around 2 million homes were unfit for human habitation, too expensive to repair and earmarked for demolition.
  • (14) Santorum insisted on Friday that earmarks were not themselves the problem, only their abuse.
  • (15) Crozier has made much of the need to revitalise the operation, pointing out that the division has not created a global entertainment hit since Dancing on Ice in 2006, and has bought in new talent and earmarked £12m to boost pilot projects.
  • (16) The government has also earmarked $328m extra to provide targeted support for disadvantaged or vulnerable families accessing childcare.
  • (17) Indeed, UK Sport, now the subject of so much ministerial genuflection, was among the agencies earmarked for Francis Maude's "bonfire of the quangos" less than two years ago.
  • (18) Abcul is now working with the government, which last year earmarked up to £38m to expand credit unions and modernise the 400 UK unions currently in existence.
  • (19) Writing on his BBC blog , Davie said there were "no plans" to rebrand the station, which has been earmarked for closure in a review ordered by the BBC Trust.
  • (20) About $1.2bn earmarked for those jurisdictions was removed from the federal budget in the pre-election economic and fiscal outlook as a result of stalled negotiations – a figure Pyne and Abbott sought to make a virtue of restoring this week .