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Tag Archives: balanced budget

Dem Senators On Budget Committee Unanimously Oppose Balancing The Federal Budget

During the mark-up of what would be the first Senate budget in four years, Senate Republicans offered two separate amendments to balance the budget in 10 years. Democrat members on Committee voted against both of these amendments. Sessions’ amendment would reduce revenues in the Chairman’s Mark to the level of revenues in CBO’s February baseline and reduce total outlays such ...

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Sequestration came from the White House

All this week the word sequestration has been bandied about by television news people.  I admit to having to look it up so I thought others might also be questioning what this giant four syllable word really means and what its significance is today. se·ques·tra·tion n. the employment of automatic, across-the-board spending cuts in the face of annual budget deficits. ...

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