WASHINGTON — President Bush, boasting that it took only two years to cut in half the record budget deficit created early in his tenure, said Wednesday that he would propose wiping out the other ...

WASHINGTON — President Bush last week proposed a formula for balancing the federal budget by 2012. The following questions and answers explore whether his proposal can succeed. Will the ...

2007-02-06 04:00:00 PDT Washington-- President Bush's $2.9 trillion federal spending plan, forecasting a balanced budget by 2012, was sent Monday to the new Democratic Congress, whose leaders ...

President Bush has come out in favor of a balanced budget, and response has been positive from both sides of the aisle. Also, Portman says that the growing economy has led to increased tax revenues.

The spiraling growth of Medicare and the high cost of renewing President Bush's tax cuts are squeezing popular education, health, housing and anti-poverty programs in the budget blueprint that he ...

Some people think a balanced budget should be top priority. However, ... President Bush's budget limits non-defense, non-homeland security spending to a 4 percent increase.

Posted by Mark Silva at 10:05 am CST President Bush, pledging that the five-year budget which he spells out in February will allow for the elimination of the federal budget deficit in 2012, called … ...

This contrasted sharply with the budget deal reached by the first President Bush and a Democrat Congress in 1990, which followed President Obama’s “balanced” approach by raising taxes in ...

The budget that President Bush will submit to Congress today shows the federal deficit falling in each of the next four years and would produce a $61 billion surplus in 2012, administration ...

WASHINGTON -- President Bush unveiled details of a $1.96 trillion spending plan Monday that funds his campaign promises while chopping Clinton-era initiatives. But his budget, covering the 2002 ...