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 ...

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 ...

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 ...

(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 ...

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 ...

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.

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.