balanced budget

Bernie Sanders Slams Joe Biden on Social Security, Again

Bernie Sanders kept up his challenge to Joe Biden’s claims that he never proposed cuts or freezes to social security.
Sanders Leads and Klobuchar Climbs in Iowa: Campaign Update

Sanders Leads and Klobuchar Climbs in Iowa: Campaign Update

Senator Amy Klobuchar has broken into the top three Democratic presidential candidates in Iowa for the first time, a poll released Sunday showed. It was the third poll of the day to show her rival,
Like Biden, Sanders Once Urged Social Security ‘Adjustments’

Like Biden, Sanders Once Urged Social Security ‘Adjustments’

Bernie Sanders is locked in an escalating feud with Joe Biden over whether the former vice president has advocated cutting Social Security, a program considered sacrosanct by many Democrats.
Germany Must Rethink Balanced Budget ‘Fetishism’: Green Party’s Habeck

Germany Must Rethink Balanced Budget ‘Fetishism’: Green Party’s Habeck

German Green Party co-leader Robert Habeck discusses climate awareness, Germany’s balanced budget policy, and the need to increase government spending. He speaks with Bloomberg’s Francine Lacqua at
Investors Give Nod to Worst-Rated Illinois With Revenue Growing

Investors Give Nod to Worst-Rated Illinois With Revenue Growing

As Governor J.B. Pritzker nears his one-year anniversary in office, investors are signaling that Illinois is making some gains even as the worst-rated state grapples with rising pension debt and the
Germany’s Balanced Budget May End Finance Minister’s Career

Germany’s Balanced Budget May End Finance Minister’s Career

Olaf Scholz Photographer: Krisztian Bocsi/Bloomberg
Here’s How Germany Could Boost Its Economy, If It Wants to Act

Here’s How Germany Could Boost Its Economy, If It Wants to Act

Germany’s economy is in trouble and the government is dithering over whether to provide support in the form of fiscal stimulus.
Berlin’s Maddening Aversion to Fiscal Stimulus: A Traders’ Guide

Berlin’s Maddening Aversion to Fiscal Stimulus: A Traders’ Guide

Over the past decade Germany has saved like few other nations, slashing its debt from 83% of gross domestic product to 60%. But now the global economy is slowing, there’s talk of recession in Berlin,
Argentine Markets Slump Raises Risks for Macri Ahead of Primary

Argentine Markets Slump Raises Risks for Macri Ahead of Primary

The path to re-election for Argentine President Mauricio Macri was already complicated, given stubbornly high inflation and an economy struggling to rebound from recession.
Frugality Gives Germany Cushion for Crisis With Balanced Budget

Frugality Gives Germany Cushion for Crisis With Balanced Budget

Germany is sticking to balanced budgets and ambitious debt targets despite slower revenue growth, creating an ever-larger fiscal cushion should an economic crisis hit.
Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

Bill Clinton famously declared in 1996 that “the era of big government is over.” Now, on the Democratic campaign trail, it’s back with a vengeance.
Sweden’s Finance Chief Warns of Ballooning Welfare Shortfall

Sweden’s Finance Chief Warns of Ballooning Welfare Shortfall

Sweden’s Finance Ministry issued a warning on Wednesday of a growing budget gap as the baby boomers age, and an even bigger problem will be finding enough people to tend to them.
New Jersey Governor Lures Breakaway Democrats With Tax-Hike Compromises

New Jersey Governor Lures Breakaway Democrats With Tax-Hike Compromises

Governor Phil Murphy dangled his compromise budget before supporters in Newark, scoring endorsements from the mayor of New Jersey’s largest city and swelling the ranks of Democratic lawmakers breaking
Murphy Offers New Jersey Lawmakers Compromises on Tax Increases

Murphy Offers New Jersey Lawmakers Compromises on Tax Increases

Governor Phil Murphy has offered a compromise New Jersey budget that includes lawmakers’ proposed corporate-tax surcharge and a smaller millionaire’s tax than he had originally sought.
California’s Governor Race Has Bond Investors Worried

California’s Governor Race Has Bond Investors Worried

Saying goodbye to Jerry Brown is tough for the bond market. A progressive with a frugal bent, the Democratic governor won fans on Wall Street. As analyst Ben Woo put it, “He is the one who saved
In the Year of the Woman, These Are the Races to Watch

In the Year of the Woman, These Are the Races to Watch

From Democrat Kyrsten Sinema's bid for Jeff Flake's Senate seat to Republican Barbara Comstock's toughest challenge ever as the GOP tries to hang on to the House.
White House Scaling Back Attempt to Cancel Spending, Republicans Say

White House Scaling Back Attempt to Cancel Spending, Republicans Say

The White House is scaling back its plan to seek cuts from already-passed spending bills in the face of resistance from Senate Majority Leader Mitch McConnell and spending panel Republicans, two GOP
Merkel Faces Defense Budget Dispute in Cabinet's First Quarrel

Merkel Faces Defense Budget Dispute in Cabinet's First Quarrel

Chancellor Angela Merkel confronted the first dispute of her seven-week-old coalition government as her defense chief demanded more funding for the military than allocated in a budget plan drawn up by
German SPD Elects First Woman Leader as Divisions Linger

German SPD Elects First Woman Leader as Divisions Linger

Germany’s Social Democrats elected the party’s first ever chairwoman, but struggled to heal divisions that span everything from Russia and the European Union to government spending.

Commentary: GOP’s fake balanced budget amendment plan is an insult to conservatives everywhere

Congressional Republicans say they care about the ballooning national debt, but most of their attempts to stop our out-of-control federal government from sending the nation…