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

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

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.

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 sun shines on the facade of Puerto Rico’s Capitolio (Rachel A. Jones/Getty Images, via Canva Pro) Most Americans don’t follow Puerto Rico’s finances. They don’t need a seminar. They need just one ...

Kern County released its preliminary budget last week, but with 34% of revenue coming from state, federal or other government sources, much remains unknown as both Washington and Sacramento eye ...