The House failed to pass a measure that would propose amending the Constitution to require the federal government to have a ...

House Narrowly Rejects Balanced Budget Amendment ...

Balanced budget amendments are a highly ill-advised method for addressing the nation’s long-term fiscal problems, this version particularly so because it stacks the deck in favor of spending cuts over ...

A balanced federal budget in the United States is consistent with a massively bloated government operating well beyond its constitutional limits. This is what the budgetary experts at libertarian and ...

Add Yahoo as a preferred source to see more of our stories on Google. Nearly every generation in American history has lived through a moment of intense political turmoil. A time when it seemed the ...

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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 U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.

MinnPost’s journalists are out in the community to report on the things that are happening in Minnesota. Your support right now will help fund their work AND keep our news paywall-free. WASHINGTON — ...