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Ornate red and ivory wall decoration, with plaque and symbols

Israel’s Balanced Budget Legislation and the Social Protest

Posted by: Ruth Levush

Due to the increased interest in the United States in a balanced budget amendment (my THOMAS search retrieved a total of forty-four House and Senate legislative items on the subject submitted in the current Congress so far), I looked into the regulation of public spending under Israeli law.  In 1992, the Knesset (Israel’s Parliament) passed …