To promote growth, he went on, America needs to keep the budget balanced, fix entitlement programmes, and invest in education.

ECONOMIST: Al Gore advances | The

There are ways to do this that would eliminate the sequester, would do it in a balanced way, would allow us to continue to invest in our economy and help it grow and create jobs.

WHITEHOUSE: Press Briefing

Moreover, a balanced fund might be restricted in where it is allowed to invest geographically.

FORBES: How To Balance A Balanced Fund