Conservative politicians and groups are largely behind a renewed push to have the states call a constitutional convention, but a nonpartisan group ded...

Advocates for a balanced budget amendment to the U.S. Constitution have pinned their hopes on state legislatures calling for a new constitutional conv...

Louisana Gov. Bobby Jindal (R) on Thursday called for Republicans to rethink their approach to the so-called "fiscal cliff" negotiations and instead f...

The Democratic nominee for North Dakota's U.S. Senate seat, Heidi Heitkamp, is saying in a new ad that she "stood up to" President Barack Obama. H...

WASHINGTON -- The Senate on Wednesday rejected two efforts to insert a Balanced Budget Amendment into the U.S. Constitution. Both parties offered v...

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

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

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

A balanced budget amendment wouldn't align federal budgeting practices with those of families, but it would threaten serious economic harm and create a host of problems for federal services programs.

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:...

Two years ago, a concerted effort by a corporate-funded Tea Party movement to get conservatives out to town hall meetings changed the dynamic in Washi...

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

Sen. Olympia Snowe (R-Maine) talked to people in Saco, Maine about the debt ceiling negotiations Wednesday, and lamented the extreme partisanship that...

WASHINGTON — The newly struck debt-ceiling compromise between President Barack Obama and the Republican leaders of Congress represents a histori...

America's problem is our debt, not our debt ceiling. We desperately need a balanced budget amendment to tackle our debt. But a BBA that allows judges to hike taxes would be even worse than the status quo.

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...

WASHINGTON -- The House of Representatives passed a bill on Friday to raise the debt ceiling and cut $22 billion from next year's spending. Passed as ...

WASHINGTON -- House Republicans will hold a vote Friday on a revised plan to raise the debt ceiling and cut spending by $22 billion next year, Majorit...

Nevada Republican Sharron Angle, who made an unsuccessful run to unseat Senate Majority Leader Harry Reid in the 2010 election season, lashed out at S...

Speaking on the Senate floor on Wednesday, Sen. John McCain (R-Ariz.) had some harsh words for lawmakers on Capitol Hill insisting their demands be me...

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

WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) said on Thursday the Cut, Cap and Balance bill passed by the House Tuesday is "some of the w...

It's a safe bet that when the new fiscal year for the federal government begins on October 1, the Constitution will not require a balanced budget. And, probably, neither will it be required of any budget after that.