Balanced Budget

Careful What You Wish For

latimes.com | Alana Semuels, Los Angeles Times | Posted 05.04.2012

This small village of low-slung houses and squeaky swing sets in western Ohio's farm country has already laid off its part-time police officer and dec...

Lucia Graves

Gary Johnson: 'Mickey Mouse Would Poll 15 Percent Against Obama And Romney'

HuffingtonPost.com | Lucia Graves | Posted 01.20.2012

WASHINGTON -- Libertarian presidential candidate Gary Johnson has no qualms about running as a third party candidate, telling HuffPost in a recent int...

Senate Considering Measure That Could Force Draconian Cuts

AP | JIM ABRAMS | Posted 02.13.2012

WASHINGTON — The Senate on Wednesday voted against changing the Constitution to require a balanced budget as Congress hit yet another dead end i...

Michael McAuliff

Balanced Budget Amendment Fails In House Vote

HuffingtonPost.com | Michael McAuliff | Posted 11.18.2011

WASHINGTON -- The latest Republican push for a balanced budget amendment that would force massive spending cuts to the country's social safety net die...

House Set To Take Major Vote

AP | JIM ABRAMS | Posted 01.18.2012

WASHINGTON — Rejecting the idea Congress can't control its spending impulses, the House turned back a Republican proposal Friday to amend the Co...

House Takes Up Controversial Amendment

AP | JIM ABRAMS | Posted 01.17.2012

WASHINGTON — With the federal government racking up deficits of more than $1 trillion a year and lawmakers paralyzed by political differences, t...

Republicans' Plan To Create Jobs Is To Repeal Obama Measures

AP | ANDREW TAYLOR | Posted 12.13.2011

WASHINGTON — House Speaker John Boehner and President Barack Obama talked about jobs legislation in a 10-minute phone call Thursday, the Ohio Re...

Republican Congressmen Will Push For Balanced Budget Amendment

AP | By ANDREW TAYLOR | Posted 10.22.2011

WASHINGTON -- As a "supercommittee" tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal:...

S&P Downgrade Reflects Political Divisions That May Be Our Greatest Source of Risk

David Paul | Posted 10.15.2011

David Paul

One week after the downgrade of the United States bond rating, the markets have returned a verdict of sorts.

How to Save a Quarter of a Trillion Dollars

Lawrence Wittner | Posted 10.08.2011

Lawrence Wittner

By scrapping plans for nuclear weapons "modernization" and for national missile defense, programs that are both useless and provocative, the United States would save $271 billion.

Simon Johnson: Balanced Budget Amendment 'Makes No Sense'

The New York Times | Simon Johnson | Posted 10.02.2011

Some House and Senate Republicans have pushed hard to include a “balanced budget” constitutional amendment as part of any agreement on a debt ceil...

At a Moment of Historic Opportunity, House Republicans Were Sold Down the River By Their Leadership

David Paul | Posted 09.30.2011

David Paul

As the denouement approaches, and a resolution to the debt crisis appears to be at hand, one has to ask how many of the participants continue to believe that a default on U.S. Treasury obligations was ever at risk.

'Sen. Tea Party' Drives Debt Ceiling Fight

AP | LAURIE KELLMAN | Posted 09.29.2011

WASHINGTON — He calls himself Sen. Tea Party. That almost says it all about Sen. Jim DeMint's role on the nation's political scene in these ner...

No Balanced Budget Without Independence From Wall Street

Keith Harrington | Posted 09.23.2011

Keith Harrington

"We need to balance the budget in order to grow the economy." In the midst of the federal budget debt ceiling food fight, this may be one of the only ideas both political parties can more or less agree on.

John Boehner: 'There Is No Deal' On Debt Ceiling, Democrats Have 'Done Nothing'

AP/The Huffington Post | Posted 09.21.2011

WASHINGTON (AP/The Huffington Post) -- Speaker John Boehner declared Friday that the House has "done its job" toward resolving the impasse over raisin...

Senate Defeats Tea Party-Backed Debt Ceiling Plan

AP | DAVID ESPO | Posted 09.21.2011

WASHINGTON — House Speaker John Boehner abruptly broke off talks with President Barack Obama Friday night on a deal to make major cuts in federa...

Bachmann Makes Bold Promise, Hesitates When Pressed On Issue

AP | THOMAS BEAUMONT | Posted 09.20.2011

NORWALK, Iowa — Republican presidential candidate Michele Bachmann promised Wednesday that she would submit only balanced budgets if elected nex...

Jennifer Bendery

House Passes Tea Party's 'Cut, Cap And Balance' Fiscal Plan

HuffingtonPost.com | Jennifer Bendery | Posted 09.18.2011

WASHINGTON -- House Republicans easily passed their "Cut, Cap and Balance" fiscal plan on Tuesday, a proposal that boosts their standing among Tea Par...

Unbalanced Republicans, Running From Reason

Rick Horowitz | Posted 09.18.2011

Rick Horowitz

Just humor them, we're advised. Let them mount their little theater piece -- "Cut, Cap and Balance" is the title of the current version. Let them take their symbolic vote and hold their symbolic news conference.

Latest Republican Plan Could Lead To Debt Ceiling Compromise

Posted 09.16.2011

By Andy Sullivan WASHINGTON -- The latest Republican plan to avert a looming U.S. default is a fierce statement of conservative principles that...

Conservative GOP Senator Issues Warning To Republicans

Posted 08.24.2011

Senator Jim DeMint (R-S.C.) issued a warning to fellow Republicans in Congress: If you vote to raise the debt ceiling without massive spending cuts, y...

Turn Around King to US Debt

Grant Cardone | Posted 08.01.2011

Grant Cardone

While the US national debt is exploding to historic levels, it is not the problem that the media or politicos makes it out to be. The US debt situatio...

LA's Message to Cities Across the Country: Collective Bargaining Works

Antonio Villaraigosa | Posted 05.25.2011

Antonio Villaraigosa

Instead of laying blame, we invited our employees to the negotiating table. In the end, working with labor, we reached an agreement that is a win-win-win for taxpayers, for employers, and for LA.

The Great Wealth Shift Upward: Corporatists' War on the Working Class

Michele Swenson | Posted 05.25.2011

Michele Swenson

"Balancing the budget" and "deficit reduction" have become code for shifting the benefits of government spending to corporations away from workers.

New Poll Confirms Country Is Clearly Progressive

Cenk Uygur | Posted 05.25.2011

Cenk Uygur

While they talk about cutting so-called entitlement programs in Washington, the American people have completely different priorities. Their first step to balancing the budget? Raise taxes on the rich.