And that kind of approach I think is the one that you want, as opposed to an approach that increases tensions both within our borders and outside of our borders.

WHITEHOUSE: THE WHITE HOUSE

Democrats are advocating a pay-as-you-go approach to any spending increases.

FORBES: Magazine Article

Instead of auctioning our liberties we need a more determined and organised approach to policing, and dramatic increases in police numbers.

BBC: David Davis statement in full

By a corollary, is it also not a balanced approach to have a budget that increases taxes on the wealthy but does not reduce entitlement benefits?

WHITEHOUSE: Press Briefing

He calls this a "balanced" approach to deficit cutting, but his fiscal cliff bill in January was all tax increases and no spending cuts.

WSJ: Review & Outlook: Obamageddon

The Obama approach channels austerity policies in Greece and Spain which have sought to narrow budget deficits by massive tax increases, but have only exacerbated the financial crisis in both countries.

FORBES: The Choice Of 2012: Obama Austerity vs. Romney Growth