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Balanced Budget

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

Michele Swenson | Posted 05.25.2011 | Denver
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 | Politics
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.

Gridlock Is Not Enough

Joe Minarik | Posted 05.25.2011 | Politics
Joe Minarik

Is it politically realistic for the two parties in Congress to agree to such a deal? Most probably not. But by that standard, the only politically realistic outcome is an eventual budget and economic meltdown.

Getting Our Fiscal House in Order

Ken Blackwell | Posted 05.25.2011 | Politics
Ken Blackwell

An unprecedented movement is afoot to appoint bona fide deficit hawks to the appropriations committee who will rein-in the out of control spending and slash our dangerous unsustainable deficits.

Lobbyists Win Again

Jim Jaffe | Posted 05.25.2011 | Politics
Jim Jaffe

Conventional media wisdom holds that the election will benefit Republican lobbyists, which is true, at the expense of Democratic ones, which is probably untrue.

California's Newly "Balanced" Budget Is a Farce

Jessica Levinson | Posted 05.25.2011 | Politics
Jessica Levinson

California just "closed its budget gap" by employing rosy predictions and accounting gimmicks which actually demonstrate that the state is in the red to the tune of $10 billion.

Amanda Terkel

WATCH: Kentucky's Rand Paul And Jack Conway Face Off In Fox News Sunday Debate | Amanda Terkel | Posted 05.25.2011 | Politics

Kentucky Senate candidates Jack Conway and Rand Paul faced off in a debate on this week's edition of "Fox News Sunday," with host Chris Wallace challe...

Obama On GOP Deficit Talk: 'I'm Going To Call Them On Their Bluff'

AP | Posted 05.25.2011 | Politics

WASHINGTON — President Barack Obama has a warning for Republicans who denounce the federal deficit but reject proposals to cut it. Obama tells ...

Reagan and Two Bushes: The Only Growth of Debt/GDP Ratios in Post-War History

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

If the country is really looking for a recipe to reverse growth in debt/GDP ratios, bowing at the altar of St. Ronald is not exactly the economic religion we need.

Can We Find Common Ground?

Dr. Jim Taylor | Posted 05.25.2011 | Politics
Dr. Jim Taylor

I got to thinking about issues on the current political landscape on which I might find common ground. Here's the common ground I found with the Tea Party.

Prioritizing Honesty

Gary Hart | Posted 05.25.2011 | Politics
Gary Hart

To have faith in this country is to have faith in its people. Given all the facts, and provided with political leadership in educating us as to the consequences of economic actions, the right budget decisions will be made.

5 Ways to Live Frugally

Delia Lloyd | Posted 11.17.2011 | Healthy Living
Delia Lloyd

We've made some smart choices about how to cut costs and I thought I'd share some of those with you today.

Lucia Graves

Lawmakers Call For Cuts In Military Spending | Lucia Graves | Posted 05.25.2011 | Politics

As the budget crisis worsens, some lawmakers are looking where others dare not - at defense spending. In a letter to the National Commission on Fiscal...

Blue Dogs Only Chasing Their Tail

Will Marshall | Posted 05.25.2011 | Politics
Will Marshall

A constitutional ban on deficits could prevent Washington from responding to emergencies of all kinds. In truth, we don't need a balanced federal budget -- we need a disciplined federal budget.

Paul Broun Compares Obama To "Dead Man Walking Around With No Soul"

Media Matters Action Network | Posted 05.25.2011 | Politics

Speaking on the House floor last night, Rep. Broun (R-GA) labeled President Obama's economic agenda "voodoo economics." His reasoning: "you have to b...

A Balanced What? Balanced Growth, Not A Balanced Budget

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

The debate about balanced budgets should be employed only in the face of outrageous tax cuts that provide no benefit for future Americans.

New York's Next Senator: Opposed to the Obama Agenda

Lawrence O'Donnell | Posted 05.25.2011 | Politics
Lawrence O'Donnell

The Gillibrand simple-minded devotion to balancing the federal budget above all else means that she must oppose everything on the Obama agenda.

Wanted: A Good Keynesian. Massive Public Investment Will Fix the Economy

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

If anyone did not think a McCain presidency would be both a foreign policy and a domestic disaster, you now have proof positive.

Let's Add More Debt To the National Total

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

Anyone who is reporting the government's books are balanced has no idea what they are talking about -- and there are important reasons why this raising of the debt ceiling is so incredibly dangerous.

How to Balance the Federal Budget

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

Let's overlay the current economic environment -- we're in a recession and we're not getting out of it anytime soon. That means that tactically, this is a terrible time to increase taxes.

McCain To Unveil Vow To Balance Budget In First Term

Politico | Mike Allen | Posted 05.25.2011 | Politics

Sen. John McCain (R-Ariz.) plans to promise on Monday that he will balance the federal budget by the end of his first term by curbing wasteful spendin...