What is Budgeting over the infinite horizon?

I understand budget for a fixed period like 25-75yrs(finite horizon) or so but what does infinite horiozn? How can one budget till inifinity?https://www.forbes.com/sites/kotlikoff/2013/06/14/why-governments-need-to-budget-over-the-infinite-horizon/#ca584b659d52

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  • Ashutosh Kaushal
    published this page in Ask Prof. Wolff 2017-04-15 17:21:05 -0400