1 definition by PerceptionGuitarist
The slogan for FOX news. Often means "not one sided or biased" But Fox new is primarly a conservative asshole network, so i guess it doesnt really apply here.
Hey Jon, let's see how many times this douche bag Bill O'reilly says "Fair and Balanced" in a five minute period.
by PerceptionGuitarist May 28, 2004