A bipartisan commitment to responsible budgeting was once a fundamental part of American governance. Congress borrowed for exceptional situations and reduced the debt burden otherwise. Since the Great ...

A bipartisan commitment to responsible budgeting was once a fundamental part of American governance. Congress borrowed for exceptional situations and reduced the debt burden otherwise. Since the Great ...

Cynical Balanced Budget Amendment Defeated, Just As GOP PlannedAfter slashing revenues with a tax cut bill, and then increasing spending through an omnibus bill, Republicans claim to favor a balanced ...

Some lawmakers want to adopt a new amendment to force Congress to come up with balanced budgets to keep the country’s ballooning deficit from continuing to spiral out of control and risk a debt crisis ...

(The Center Square) – In light of the nation’s $38 trillion national debt, U.S. House lawmakers met Wednesday to discuss ways to structure a constitutional amendment mandating that Congress pass ...

WASHINGTON, D.C. — Sens. Jon Husted of Ohio and Cynthia Lummis of Wyoming introduced the Principles-Based Balanced Budget Amendment (PBBA), a constitutional amendment to balance the federal budget.

WASHINGTON • House Republicans, feeling they have scored significant fiscal victories, are moving on to an even bigger challenge: persuading voters, state legislatures and Democrats to alter the ...

The United States needs a constitutional amendment to require a balanced budget on the federal level, except in times of war or national emergencies, Nebraska Gov. Dave Heineman said Monday.

WASHINGTON — The House failed to pass a Constitutional balanced budget amendment on Friday. Minnesota Rep. Collin Peterson, a member of the fiscally conservative Blue Dog Coalition of Democrats, ...

WASHINGTON — Rejecting the idea Congress can't control its spending impulses, the House turned back a Republican proposal Friday to amend the Constitution to dam the rising flood of federal red ink.