Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

Discover how a balanced budget ensures financial health by equating revenues with expenses. Learn its definition, benefits, ...

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 ...

Florida Gov. Ron DeSantis speaks at a news conference in the Idaho governor’s office to promote a proposed amendment to the U.S. Constitution for a balanced budget, standing between Idaho Gov. Brad ...

President Trump’s “big, beautiful bill” passed the U.S. House recently by one vote. The bill’s impact is certainly “big,” but how “beautiful” it will be remains to be seen. As a former state senator ...

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 ...

Tired of waiting for federal action on the nation’s $36 trillion national debt, Governors are banding together to press for state action. Florida Governor DeSantis met with Idaho Governor Little on ...

The author believes government spending, not insufficient taxes, is the cause of deficits. A Tax Limitation Balanced Budget Amendment (TLBBA) is proposed as a solution to control spending. The author ...