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balanced budget

File photo of the U.S. Capitol building. (credit: JIM WATSON/AFP/Getty Images)

20 States Vote To Support Constitutional Convention For Passing Federal Balanced Budget Amendment

Republican legislators concerned about the federal debt are trying to set up the guidelines for Alabama to participate in a state-led constitutional convention.

01/21/2014

President Barack Obama is criticizing a proposed House Republican budget, saying it would turn Medicare into a voucher-like program, cut deeply into programs such as Medicaid and increase tax payments by the middle class in order to achieve promised lower tax rates. (Photo credit  JIM WATSON/AFP/Getty Images)

Obama Criticizes GOP Budget Plan: ‘Goal Is Not To Chase A Balanced Budget Just For the Sake Of Balance’

President Barack Obama is criticizing a proposed House Republican budget, saying it would turn Medicare into a voucher-like program, cut deeply into programs such as Medicaid and increase tax payments by the middle class in order to achieve promised lower tax rates.

03/12/2013

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