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One indicator of sensible fiscal practices is maintaining balance between spending and revenues. Occasional deficits may be necessary.

At the federal level, the two categories of budgetary expenditures are entitlement and discretionary spending. 

Respect for patients’ autonomy and the right to self-determination are essential features of a high-quality health system.

A well-educated and highly skilled workforce is essential to achieving universal and equitable access to health care.

Licensing: Oversight by licensing boards ensures compliance with professional standards.

Block grants and unfunded mandates are two government budgetary practices that can have significant implications for lower levels of government. 

Federal and state governments have tried to change budget rules to control government spending. Budget rules have also been used to impose fiscal discipline.

Grandparents and other relatives play an important caregiving role in family well-being. Support from extended family is especially vital in families with low incomes.

Mergers and acquisitions in the telecommunications and energy industry are common. Often, they occur when a large utility or holding company buys a smaller utility.

Telecommunications access, including access to high-speed internet service, is a basic necessity for people of all ages, including older adults.