In the ongoing Washington budget battles, one word gets more of a workout than most: balanced.
This single word illustrates the vast distance between the parties. Democrats and Republicans are working from very different definitions of the term in discussing their budget proposals being unveiled this week.
What Democrats are saying: A balanced budget is deficit reduction through a mix of tax increases and spending cuts. As in: We want a balanced approach to reducing the deficit.
Originally published on Tue March 12, 2013 5:23 pm
By S.V. Dáte
As he has said many times in recent years, House Budget Committee Chairman Paul Ryan is no fan of President Obama's health care law. The Republican repeated his view again Tuesday as he laid out the House Republicans' proposed budget: