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I almost started grabbing the kleenex to see so many from both sides thinking that budget stabilization/reduction is a good thing. I agree with the view that tax-spend is no different than borrow-spend. The key lies with Congress - the controller of the pursestrings. Not once in recent memory have Congress passed an overall budget proposal without increasing. In my view, the President should only submit a balanced budget and veto any major spending bills that do not meet that. This would be easier accomplished with a split government, not a one-party government. No one on the Obama side is talking about spending cuts or proposing a reduced budget and that should worry all of you.
Thinking about split government, as this has become my "one voting" issue, I believe it may be better to have a Rep Congress and a Dem executive than the other way around, even though either would be far more preferable than a single party Congress/Executive.
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