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On the spending side, rather than balanced spending cuts, the object is a transfer of resources from defense to not-defense.
As controller, Chiang made headlines in 2011 when he decided to withhold state lawmakers' pay after they failed to produce a balanced spending plan by the June 15 deadline.
The issues: Mr Paul supports balanced spending by the government, unlike some of his peers in the Republican Party who oppose most government spending.
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In a publication entitled Top Ten Commandments for Fiscal Adjustment in Advanced Economies, the organization insisted that balanced public spending could stabilize bond markets, reduce interest rates from less government spending, and encourage private investment.
America's future is best secured by balanced public spending and the ideal is a middle course.
Vin Weber, a Republican strategist and former congressman, said Mr. Obama could be hurt by the summer's saga even though his position in the debt-limit debate — for a balanced package of spending cuts and revenue increase — is more popular than Republicans' demands for deep spending cuts only, and a reshaping of Medicare and Medicaid.
You keep saying that there needs to be this balanced approach of spending cuts and taxes.
"We're seeing a lot more balanced growth, consumer spending and investment in infrastructure".
"I still believe that we can finish the job with a balanced mix of spending cuts and more tax reform".
And I still believe we can finish the job with a balanced mix of spending cuts and more tax reform".
The Republican hypocrisy is to promise lower taxes, a balanced budget and spending cuts that avoid curtailing the essential government services Americans cherish.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com