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Manchin backs spending cap, balanced budget plans

Sen. Joe Manchin linked his willingness to support increasing the federal debt limit Tuesday to bipartisan proposals to cap government spending and amend the U.S. Constitution to require a balanced budget. Full story

Can a deal be made before shutdown?

   House GOP and Senate Democrats remain divided over spending cuts, and the Democrats suggest that GOP ideology is still at the heart of their cuts. Sen. Sherrod Brown, D-Ohio, joins Chris Jansing to discuss if he believes a deal can be made before tomorrow’s deadline.

Republicans want to mandate balanced budget

All 47 Senate Republicans, seeking fiscal discipline in big-spending Washington, proposed on Thursday an amendment to the Constitution that would require a balanced federal budget. Full story

Budget Showdown

   Debating whether a balanced budget is good or bad for the economy, with Mark Zandi, Moody's Analytics and Stephen Moore, Wall Street Journal editorial board.

President Harry Truman, TODAY fan!

   A look back at Harry Truman’s presidency, when TODAY was first broadcast in 1952.  Over the past six decades, every American president has appeared on TODAY.

Should the Constitution mandate a balanced budget?

   Republican Senator from Utah Mike Lee speaks at CPAC on Friday afternoon. He is also a leading voice in the Tea Party movement and a co-founder of the Senate Tea Party Caucus. He joined Chuck and Savannah from Capitol Hill to talk budget, CPAC, and next year’s election.

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Debt rating agencies sending right message... at wrong time

German wiseman urges fiscal discipline, not E-bonds


  Debt Commission Co-Chairs on Negotiations

The National Commission on Fiscal Responsibility and Reform Co-Chairs Erskine Bowles and Alan Simpson hold a news conference to update the media on the state of negotiations among the Commission's members.

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Related Photos

Obama Meets With Commission On Fiscal Responsibility
Obama Meets With Commission On Fiscal Responsibility

WASHINGTON, DC - APRIL 14: President Barack Obama holds a meeting with Vice President Joe Biden , and Erskine Bowles and Alan Simpson, the co-chairs of President Obama's National Commission on Fiscal Responsibility and Reform in the Oval Office of the White House April 14, 2011 in Washington, DC.