How does the federal government go about balancing the budget?

Question

What specific information is needed (i.e. tax revenue, debt, budgeted costs, etc.), and where can citizens find this information? Is there a good starting point for comparing where the nation was before/after the Clinton White House with the deficit problem now?

Is there a good place for getting accurate information about foreign debt?

Answer 1

Elect Democrats, of course.

Answer 2

Raise taxes and cut spending.

Answer 3

The only way to avoid Government over spending is for us to go back to the intended role of the federal government and eliminate all things they do that are not coverred in the Constitution.  Good intentions and feelings have no place in balancing a budget.  Remember, it is Congress that controls the purse strings, not the President.  The President has veto power, and I believe it should be used more to eliminate wasteful spending.  Earmarks imposed on bills with no connection are a detriment to controlling spending.  They must be eliminated.  

Answer 4

The Congressional Budget Office is a bi-partisan office that provides official budget estimates for use in the Congress. It is widely respected and seen as authoritative on both sides of the aisle.  

Answer 5

Try to have as much information as you could perhaps is one of the options,however it is labor consuming,here is the place i have ever had good experience with.http://debt-relief.expertips4u.info/debt...

Answer 6

Stop giving the property of productive people to deadbeats who didn't earn it and don't deserve it.

Answer 7

They don't.